The price target of DZSI saw itself is increased by quite a few investment analysts working at Craig Hallum. According to reports, the price target on the company went from $18 to $24, with the note being sent out to investors and clients. Currently, the firm has a rating of buy on the stocks of the company, which is indicative of an annual growth rate of 55.14% on the stocks of DZSI.
The Quarterly Earnings of DZSI
There have been quite a few research equities that have been interested in the stocks of DZSI. B. Riley has already increased its price objective on the shares of the company from $14 to $15 while giving the company a rating of buy in a 2nd November research report. BidaskClub has also increased the shares of the company from a rating of sell, to a rating of hold, in a 3rd November research report.
Northland Securities has also increased the rating to buy, while setting up a price target of $17 on the stocks of the company. Zacks Investment Research has also increased the shares of the company from a rating of hold, to a rating of buy, with a price target of $17 attached. In the end, ValuEngine has also joined in the action, with a decrease in the rating of the company.
Two of the investment analysts covering the stock have already given it a rating of hold, while four of the analysts have given it a rating of buy. Currently, the company enjoys a consensus rating of buy, with a price target set at $18.25.
The shares of DZSI traded at $15.47 last Monday. The year low of the firm is $2.90, with the year high being fixed at $16.95. The moving average of the company over 50-days is $14.09, with the moving average over 200-days being fixed at $11.08. The market cap of the company is $334.77 million, with a PE ratio fixed at -17, and a beta settled at 1.33.
