Resonant Inc. (RESN): Price and Financial Metrics
GET POWR RATINGS... FREE!
RESN POWR Grades
- Momentum is the dimension where RESN ranks best; there it ranks ahead of 36.93% of US stocks.
- The strongest trend for RESN is in Growth, which has been heading down over the past 52 weeks.
- RESN ranks lowest in Value; there it ranks in the 6th percentile.
RESN Stock Summary
- With a price/sales ratio of 45.41, Resonant Inc has a higher such ratio than 94.68% of stocks in our set.
- As for revenue growth, note that RESN's revenue has grown 91.81% over the past 12 months; that beats the revenue growth of 92.75% of US companies in our set.
- The volatility of Resonant Inc's share price is greater than that of 94.1% US stocks with at least 200 days of trading history.
- Stocks that are quantitatively similar to RESN, based on their financial statements, market capitalization, and price volatility, are ACRS, MNOV, CCXI, CLNN, and XBIT.
- 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 2 year net cashflow from operations growth rate is now at -43.46%.
- Its year over year cash and equivalents growth rate is now at -26.68%.
- The year over year net income to common stockholders growth rate now stands at 5.08%.
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 |
|---|---|---|---|
| 2021-06-30 | 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 |
| 2020-03-31 | 1.145 | -21.836 | -30.796 |
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 7.5% of graded US stocks.
- RESN's asset turnover comes in at 0.108 -- ranking 190th of 206 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 | $2.25 | 52-week high | $8.33 |
| Prev. close | $2.33 | 52-week low | $2.09 |
| Day low | $2.23 | Volume | 636,600 |
| Day high | $2.32 | Avg. volume | 1,475,860 |
| 50-day MA | $2.54 | Dividend yield | N/A |
| 200-day MA | $3.72 | Market Cap | 141.80M |
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.
Is Resonant (NASDAQ:RESN) In A Good Position To Deliver On Growth Plans?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com... |
Resonant Customers Exceed Shipment Milestone of 100 Million RF Filters Designed with WaveX™ Software and Proprietary IP LibraryUnit Volumes Accelerate to Over 21 Million RF Filters Shipped in Q3 2021; Represents Year-Over-Year Growth of Over 433%AUSTIN, Texas, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform, designed to connect People and Things, today announced that its customers have cumulatively surpassed the milestone of shipping 100 million RF filters designed with the Company’s proprietary WaveX |
Resonant Inc. Expands Strategic Partnership with Murata Manufacturing Co., Ltd., the World's Leading RF Module and Filter ProviderResonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform, designed to connect People and Things, has expanded its multi-year commercial partnership with Murata Manufacturing Co., Ltd., the world's largest RF filter manufacturer, for the development of 5G XBAR® RF filters. |
Why Resonant Shares Are Trading Higher TodayResonant Inc (NASDAQ: RESN) is trading higher Wednesday after the company announced it expanded its multi-year commercial partnership with Murata Manufacturing for the development of 5G XBAR RF filters. "Extending our agreement with Murata is a tremendous validation of our partnership and XBAR technology as we continue working together to build a high-volume manufacturing platform," said George Holmes, chairman and CEO of Resonant. Holmes continued, "Murata continues to be an excellent strategic |
Resonant Inc. Expands Strategic Partnership with Murata Manufacturing Co., Ltd., the World’s Leading RF Module and Filter ProviderResonant’s XBAR® Technology to be Leveraged Across Additional BandsAUSTIN, Texas, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform, designed to connect People and Things, has expanded its multi-year commercial partnership with Murata Manufacturing Co., Ltd., the world’s largest RF filter manufacturer, for the development of 5G XBAR® RF filters. The expanded agreement targets RF |
RESN Price Returns
| 1-mo | -14.45% |
| 3-mo | -20.21% |
| 6-mo | -39.35% |
| 1-year | -3.85% |
| 3-year | -25.99% |
| 5-year | -50.98% |
| YTD | -15.09% |
| 2020 | 9.50% |
| 2019 | 81.95% |
| 2018 | -82.20% |
| 2017 | 47.92% |
| 2016 | 90.57% |
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
Loading social stream, please wait...