Analysts Set Expectations for ASNS FY2024 Earnings

Actelis Networks, Inc. (NASDAQ:ASNS) – Equities researchers at Litchfield Hills Research issued their FY2024 EPS estimates for shares of Actelis Networks in a research note issued to investors on Monday, December 23rd. Litchfield Hills Research analyst T. O’neill forecasts that the company will earn ($0.53) per share for the year. Litchfield Hills Research currently has a “Buy” rating and a $5.00 price target on the stock. Litchfield Hills Research also issued estimates for Actelis Networks’ Q4 2024 earnings at ($0.02) EPS, Q1 2025 earnings at ($0.07) EPS, Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.09) EPS.

Actelis Networks Stock Down 1.7 %

Actelis Networks stock opened at $1.15 on Wednesday. Actelis Networks has a 52-week low of $0.36 and a 52-week high of $4.60. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.42 and a quick ratio of 0.96. The firm has a market cap of $7.19 million, a price-to-earnings ratio of -0.92 and a beta of 2.02. The firm’s 50-day moving average price is $1.25.

About Actelis Networks

Actelis Networks, Inc engages in the design, development, manufacture, and marketing of cyber hardened, hybrid fiber, networking solutions for Internet of Things and telecommunication companies in North America, Europe, the Middle East, Israel, and the Asia Pacific. It provides rapid-deployment networking solutions for wide-area IoT applications, including federal, state, and local governments; intelligent traffic systems; and military, utility, rail, telecom, and campus applications.