Ondas (NASDAQ:ONDS) Releases Earnings Results, Misses Estimates By $0.05 EPS

Ondas (NASDAQ:ONDS) issued its earnings results on Wednesday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.05), Zacks reports. Ondas had a negative return on equity of 183.49% and a negative net margin of 544.24%. Ondas updated its FY 2025 guidance to EPS.

Ondas Trading Down 3.7 %

ONDS stock opened at $0.70 on Thursday. The business has a fifty day moving average price of $1.71 and a 200 day moving average price of $1.25. The stock has a market capitalization of $63.62 million, a price-to-earnings ratio of -0.97 and a beta of 2.00. Ondas has a fifty-two week low of $0.54 and a fifty-two week high of $3.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.43 and a quick ratio of 0.21.

Wall Street Analysts Forecast Growth

Separately, Northland Securities raised their price target on Ondas from $1.50 to $4.00 and gave the company an “outperform” rating in a report on Monday, December 30th.

Insider Activity

In other news, Director Randy Seidl sold 21,359 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $1.29, for a total value of $27,553.11. Following the transaction, the director now directly owns 124,513 shares in the company, valued at $160,621.77. This trade represents a 14.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 13.90% of the company’s stock.

About Ondas

Ondas Holdings Inc, through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks.