Netlist (OTCMKTS:NLST) Rating Increased to Hold at StockNews.com

StockNews.com upgraded shares of Netlist (OTCMKTS:NLST) from a sell rating to a hold rating in a report issued on Monday morning.

Separately, Roth Mkm lowered their price target on Netlist from $4.00 to $2.00 and set a “buy” rating for the company in a report on Wednesday, October 30th.

Netlist Stock Down 1.6 %

OTCMKTS:NLST opened at $0.91 on Monday. The stock has a market capitalization of $246.97 million, a price-to-earnings ratio of -4.13 and a beta of 1.04. Netlist has a 52 week low of $0.83 and a 52 week high of $2.97. The firm has a 50 day moving average of $1.00 and a 200 day moving average of $1.19.

Netlist (OTCMKTS:NLST) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.01. The firm had revenue of $40.19 million during the quarter, compared to analyst estimates of $38.00 million. Netlist had a negative return on equity of 852.20% and a negative net margin of 37.19%. As a group, analysts expect that Netlist will post -0.17 EPS for the current year.

Netlist Company Profile

Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.