Litchfield Hills Research Comments on ASNS Q1 Earnings

Actelis Networks, Inc. (NASDAQ:ASNS) – Investment analysts at Litchfield Hills Research issued their Q1 2027 earnings per share (EPS) estimates for shares of Actelis Networks in a research report issued to clients and investors on Monday, March 30th. Litchfield Hills Research analyst T. O’neill anticipates that the company will post earnings per share of ($0.24) for the quarter. Litchfield Hills Research currently has a “Buy” rating and a $3.00 price target on the stock. The consensus estimate for Actelis Networks’ current full-year earnings is ($0.53) per share. Litchfield Hills Research also issued estimates for Actelis Networks’ Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at $0.05 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.10 EPS.

Other research analysts have also recently issued reports about the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Actelis Networks in a research report on Wednesday, January 21st. Wall Street Zen lowered shares of Actelis Networks to a “strong sell” rating in a report on Saturday, March 7th. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $3.00.

Actelis Networks Stock Up 4.5%

NASDAQ ASNS opened at $0.37 on Tuesday. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.03. Actelis Networks has a fifty-two week low of $0.17 and a fifty-two week high of $8.60. The business has a 50 day moving average price of $0.35 and a two-hundred day moving average price of $2.21. The stock has a market cap of $9.81 million, a PE ratio of -0.04 and a beta of 2.23.

Institutional Investors Weigh In On Actelis Networks

Hedge funds and other institutional investors have recently bought and sold shares of the business. Virtu Financial LLC raised its position in shares of Actelis Networks by 267.5% in the 3rd quarter. Virtu Financial LLC now owns 69,441 shares of the company’s stock valued at $26,000 after purchasing an additional 50,546 shares in the last quarter. HRT Financial LP acquired a new stake in shares of Actelis Networks during the fourth quarter worth approximately $43,000. Boothbay Fund Management LLC bought a new stake in shares of Actelis Networks in the fourth quarter worth $79,000. Finally, Armistice Capital LLC acquired a new stake in Actelis Networks in the third quarter valued at $333,000. 12.43% of the stock is currently owned by hedge funds and other institutional investors.

About Actelis Networks

Actelis Networks is a technology company that specializes in delivering high-performance Ethernet access solutions over existing copper and fiber infrastructure. Headquartered in Santa Clara, California, the company designs and manufactures hardware and management software that extend bandwidth capabilities without the need for full fiber deployment. Its solutions are used to bring reliable, carrier-grade connectivity to locations where installing new fiber lines would be cost-prohibitive or logistically challenging.

The company’s product portfolio centers on its MDX series of Ethernet extenders and switches.