Genasys Inc. (NASDAQ:GNSS – Free Report) – Equities research analysts at Northland Capmk lowered their Q1 2025 earnings per share estimates for Genasys in a research note issued to investors on Tuesday, December 10th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of ($0.17) per share for the quarter, down from their previous estimate of ($0.11). The consensus estimate for Genasys’ current full-year earnings is ($0.20) per share. Northland Capmk also issued estimates for Genasys’ Q2 2025 earnings at ($0.14) EPS, Q3 2025 earnings at ($0.06) EPS and FY2025 earnings at ($0.33) EPS.
A number of other research firms have also recently commented on GNSS. Ascendiant Capital Markets raised their target price on Genasys from $4.25 to $4.75 and gave the company a “buy” rating in a research note on Monday, August 19th. Roth Mkm boosted their price objective on shares of Genasys from $3.50 to $4.50 and gave the stock a “buy” rating in a research note on Thursday, September 19th. Finally, Northland Securities lifted their target price on shares of Genasys from $4.50 to $6.00 and gave the company an “outperform” rating in a report on Thursday, September 12th.
Genasys Trading Up 4.2 %
NASDAQ:GNSS opened at $2.70 on Thursday. The company has a 50-day moving average price of $3.71 and a 200-day moving average price of $3.01. The stock has a market cap of $120.42 million, a price-to-earnings ratio of -3.75 and a beta of 0.51. The company has a current ratio of 2.58, a quick ratio of 1.98 and a debt-to-equity ratio of 0.41. Genasys has a 12 month low of $1.51 and a 12 month high of $4.04.
Institutional Investors Weigh In On Genasys
Large investors have recently made changes to their positions in the company. Barclays PLC purchased a new stake in Genasys during the third quarter valued at approximately $70,000. BOKF NA lifted its holdings in Genasys by 103.4% during the second quarter. BOKF NA now owns 172,250 shares of the company’s stock valued at $364,000 after purchasing an additional 87,550 shares in the last quarter. Cutter & CO Brokerage Inc. boosted its position in shares of Genasys by 57.9% in the second quarter. Cutter & CO Brokerage Inc. now owns 190,250 shares of the company’s stock worth $403,000 after purchasing an additional 69,750 shares during the period. Commonwealth Equity Services LLC purchased a new stake in shares of Genasys in the second quarter worth $875,000. Finally, Sequoia Financial Advisors LLC raised its position in shares of Genasys by 23.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 467,883 shares of the company’s stock valued at $1,666,000 after purchasing an additional 87,883 shares during the period. 40.04% of the stock is currently owned by institutional investors.
Insider Activity at Genasys
In related news, Director William H. Dodd bought 16,327 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was acquired at an average cost of $2.65 per share, for a total transaction of $43,266.55. Following the purchase, the director now owns 59,159 shares in the company, valued at approximately $156,771.35. This represents a 38.12 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.50% of the stock is owned by insiders.
About Genasys
Genasys Inc engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software.
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