B. Riley & Co. Upgrades OPNET Technologies to Buy (OPNT)

By admin | 6 years ago

OPNET Technologies (NASDAQ: OPNT) was upgraded by equities research analysts at B. Riley & Co. from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday.

OPNT has been the subject of a number of other recent research reports. Analysts at B. Riley upgraded shares of OPNET Technologies from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday. Separately, analysts at Noble Financial downgraded shares of OPNET Technologies from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, April 11st. Finally, analysts at ThinkEquity downgraded shares of OPNET Technologies from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, April 11st.

OPNET Technologies opened at 25.52 on Thursday. OPNET Technologies has a 52-week low of $22.08 and a 52-week high of $47.97. The company has a market cap of $570.3 million and a price-to-earnings ratio of 31.90.

OPNET Technologies last posted its quarterly earnings results on Monday, May 14th. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.01. OPNET Technologies’s revenue was up 8.5% compared to the same quarter last year. Analysts expect that OPNET Technologies will post $0.26 EPS next quarter.

OPNET Technologies, Inc. (OPNET) is a provider of software products and related services for managing applications and networks.

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