Many Ixia(XXIA) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Ixia was Downgraded by Gabelli & Co to Hold on Jan 31, 2017. Ixia was Downgraded by DA Davidson on Jan 30, 2017 to Neutral, Price Target of the shares are set at $19.65.Company shares were Reiterated by Stifel on Jan 25, 2017 to Buy, Raises Price Target to $ 20 from a previous price target of $18.50 .
Company has reported several Insider transactions to the SEC, on Nov 17, 2016, Walker H Ii Colston (Senior V.P., Global Support) sold 76 shares at 13.69 per share price.On Nov 8, 2016, Patricia Key (officer ) sold 4,000 shares at 12.26 per share price.On Nov 8, 2016, Marie Hattar (Chief Marketing Officer) sold 10,612 shares at 12.31 per share price.
Ixia Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.11. The company had revenue of $123.90 million for the quarter, compared to analysts expectations of $118.59 million. The companys revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.
Ixia (NASDAQ:XXIA) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Ixia (NASDAQ:XXIA) shares are expected to touch $17.99 in the short term. This short term price target has been shared by 5 analysts. However, the standard deviation of short term price estimate has been valued at 3.91. The target price could hit $20 on the higher end and $11 on the lower end.
Ixia (NASDAQ:XXIA) rose 0.52% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $19.4 the stock was seen hitting $19.5 as a peak level and $19.4 as the lowest level. The stock ended up at $19.5. The daily volume was measured at 686,047 shares. The 52-week high of the share price is $19.55 and the 52-week low is $8.93. The company has a market cap of $1,612 million.
Ixia is a leading provider of performance test systems for IP-based infrastructure and services. It is highly scalable solutions generate, capture, characterize, and emulate network and application traffic, establishing definitive performance and conformance metrics of network devices or systems under test. Its test systems are used by network and telephony equipment manufacturers, semiconductor manufacturers, service providers, governments, and enterprises to validate the functionality and reliability of complex IP networks, devices, and applications. Its Triple Play test systems address the growing need to test voice, video, and data services and network capability under real-world conditions. Its vision is to be the worlds pre-eminent provider of solutions to enable testing of next generation IP Triple Play networks.