Resonant Inc. (RESN): Price and Financial Metrics
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RESN POWR Grades
- Growth is the dimension where RESN ranks best; there it ranks ahead of 41.49% of US stocks.
- RESN's strongest trending metric is Value; it's been moving down over the last 178 days.
- RESN ranks lowest in Value; there it ranks in the 3rd percentile.
RESN Stock Summary
- With a price/sales ratio of 138.51, Resonant Inc has a higher such ratio than 98.13% of stocks in our set.
- As for revenue growth, note that RESN's revenue has grown -31.08% over the past 12 months; that beats the revenue growth of only 5.69% of US companies in our set.
- In terms of volatility of its share price, RESN is more volatile than 90.66% of stocks we're observing.
- If you're looking for stocks that are quantitatively similar to Resonant Inc, a group of peers worth examining would be FREQ, SAGE, ACRS, AKTS, and TBPH.
- Visit RESN's SEC page to see the company's official filings. To visit the company's web site, go to www.resonant.com.
RESN Valuation Summary
- In comparison to the median Technology stock, RESN's price/sales ratio is 933.96% higher, now standing at 54.8.
- RESN's price/sales ratio has moved NA NA over the prior 88 months.
- RESN's price/sales ratio has moved NA NA over the prior 88 months.
Below are key valuation metrics over time for RESN.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| RESN | 2021-09-01 | 54.8 | 7.6 | -5.7 | -5.0 |
| RESN | 2021-08-31 | 53.6 | 7.5 | -5.6 | -4.9 |
| RESN | 2021-08-30 | 51.3 | 7.1 | -5.3 | -4.7 |
| RESN | 2021-08-27 | 51.5 | 7.2 | -5.4 | -4.7 |
| RESN | 2021-08-26 | 49.5 | 6.9 | -5.2 | -4.5 |
| RESN | 2021-08-25 | 50.1 | 7.0 | -5.2 | -4.5 |
RESN Growth Metrics
- Its 3 year revenue growth rate is now at 1755.56%.
- Its year over year cash and equivalents growth rate is now at -26.68%.
- The year over year net cashflow from operations growth rate now stands at 1.3%.
The table below shows RESN's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2021-09-30 | 2.254 | -26.03 | -34.007 |
| 2021-06-30 | 3.234 | -22.563 | -31.086 |
| 2021-03-31 | 3.224 | -21.553 | -29.232 |
| 2020-12-31 | 3.16 | -21.637 | -28.414 |
| 2020-09-30 | 3.012 | -19.829 | -29.129 |
| 2020-06-30 | 1.686 | -21.885 | -30.513 |
RESN's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- RESN has a Quality Grade of D, ranking ahead of 7.21% of graded US stocks.
- RESN's asset turnover comes in at 0.108 -- ranking 191st of 208 Electronic Equipment stocks.
- GILT, EMKR, and VREX are the stocks whose asset turnover ratios are most correlated with RESN.
The table below shows RESN's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.108 | 1 | -31.412 |
| 2021-03-31 | 0.107 | 1 | -24.863 |
| 2020-12-31 | 0.098 | 1 | -21.974 |
| 2020-09-30 | 0.106 | 1 | -22.462 |
| 2020-06-30 | 0.061 | 1 | -14.090 |
| 2020-03-31 | 0.047 | 1 | -7.492 |
RESN Price Target
For more insight on analysts targets of RESN, see our RESN price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $6.20 | Average Broker Recommendation | 1.4 (Strong Buy) |
RESN Stock Price Chart Interactive Chart >
RESN Price/Volume Stats
| Current price | $4.48 | 52-week high | $4.50 |
| Prev. close | $4.49 | 52-week low | $1.18 |
| Day low | $4.48 | Volume | 4,523,700 |
| Day high | $4.50 | Avg. volume | 2,174,790 |
| 50-day MA | $3.09 | Dividend yield | N/A |
| 200-day MA | $2.66 | Market Cap | 300.99M |
Resonant Inc. (RESN) Company Bio
Resonant Inc. creates software tools, and intellectual property and licensable blocks that enable the development of filter designs for radio frequency (RF) front-ends used in the mobile device industry in the United States. It uses Infinite Synthesized Networks technology to configure and connect resonators, the building blocks of RF filters. The company develops duplexer, a single-band filter design for mobile devices; and multiplexer filter designs for two or more bands to address the carrier aggregation, as well as reconfigurable filter designs for various RF frequency bands. Resonant Inc. was founded in 2012 and is based in Goleta, California.
Latest RESN News From Around the Web
Below are the latest news stories about Resonant Inc that investors may wish to consider to help them evaluate RESN as an investment opportunity.
Resonant CEO George Holmes - Evolving Filter ManufacturingThis interview was recorded on January 25, 2022, before the recent acquisition by Murata (MRAAF). The transaction, which has been approved by both companies’ boards, is expected to close by the end of March. 10:36 - Overview of Resonant 13:21 - Filters and the evolution of cellular networks 18:48 -... |
Why Did Needham Downgrade Resonant’s Stock?Resonant (RESN – Research Report) received a Hold rating from Needham analyst Rajvindra Gill today. The company's shares closed last Tuesday at $4.39. According to TipRanks.com, Gill is a 5-star analyst with an average return of 14.5% and a 61.7% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Smart Global Holdings, and Everspin Technologies. The word on The Street in general, suggests a Hold analyst consensus rating for Resonant with a $4.50 average price target, implying a 2.5% upside from current levels. In a report released yesterday, Stifel Nicolaus also downgraded the stock to Hold with a $4.50 price target. |
Resonant Shares Jump 260% on Acquisition by MurataResonant (NASDAQ: RESN) shares gained almost 260% during the extended trading session on February 14, after Murata Electronics North America, Inc., a wholly-owned subsidiary of Murata Manufacturing Co., Ltd., agreed to acquire RESN for $4.50 per share in cash. Resonant creates filter designs for radio frequency (RF) front ends for the mobile device industry. It is well-known for its proprietary XBAR technology, which is expected to achieve higher frequency and superior performance compared to other filter technologies. Benefits of the Deal Murata is a leading global provider of RF system solutions modules and filters. |
RESN Stock Alert: 5 Things to Know About the Deal Sending Resonant Up 250%Resonant stock is up a massive 250% on news that the company is being acquired at a huge premium by a Japanese conglomerate. |
13F Reveal: Which Stocks Did Warren Buffett’s Berkshire Recently Buy and Sell?Berkshire Hathaway (BRK.A) is in the news today following a recent 13F filing with the Securities and Exchange Commission that reveals trades |
RESN Price Returns
| 1-mo | N/A |
| 3-mo | 2.52% |
| 6-mo | 89.83% |
| 1-year | 58.87% |
| 3-year | 64.71% |
| 5-year | -0.67% |
| YTD | 161.99% |
| 2021 | -35.47% |
| 2020 | 9.50% |
| 2019 | 81.95% |
| 2018 | -82.20% |
| 2017 | 47.92% |
Continue Researching RESN
Want to do more research on Resonant Inc's stock and its price? Try the links below:Resonant Inc (RESN) Stock Price | Nasdaq
Resonant Inc (RESN) Stock Quote, History and News - Yahoo Finance
Resonant Inc (RESN) Stock Price and Basic Information | MarketWatch
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