Infinera Corporation (INFN) Analysts See $-0.33 EPS on May, 8

Infinera Corporation (NASDAQ:INFN) Corporate Logo
During 2018 Q4 the big money sentiment decreased to 0.86. That’s change of 1.61, from 2018Q3’s 2.47. 40 investors sold all, 38 reduced holdings as Infinera Corporation ratio dived. 44 increased stakes while 23 funds took stakes. Funds hold 144.57 million shares thus 14.21% more from 2018Q3’s 126.59 million shares.
Virtu Fincl Limited Co reported 0.01% stake. Susquehanna Limited Liability Partnership invested 0% in Infinera Corporation (NASDAQ:INFN). Whittier Trust Com reported 0% stake. Bancorporation Of America Corporation De owns 3.31 million shs. Federated Incorporated Pa holds 0% in Infinera Corporation (NASDAQ:INFN) or 273,174 shs. Barclays Pcl stated it has 7,178 shs. Hsbc Public Ltd holds 0% or 366,536 shs. Fmr Limited Liability Corporation owns 0.01% invested in Infinera Corporation (NASDAQ:INFN) for 26.20 million shs. Sg Americas Securities Ltd Company has 89,705 shs for 0% of their capital. Pillar Pacific Capital Mgmt Llc invested in 10,000 shs. Ameritas Inv Prtnrs holds 13,303 shs. 517,849 were reported by Nomura Hldg. Svcs Automobile Association stated it has 0% of its capital in Infinera Corporation (NASDAQ:INFN). California Employees Retirement Sys has invested 0% in Infinera Corporation (NASDAQ:INFN). Palisade Cap Mngmt Limited Liability Co Nj holds 51,500 shs.

Earnings report for Infinera Corporation (NASDAQ:INFN) is expected on May, 8., Faxor reports. Analysts expect change of 175.00 % or $0.21 from previous year’s $-0.12 earnings per share compared to current’s $-0.33 earnings per share. 10.00 % negative EPS growth is what analysts predict. $-0.30 earnings per share was published for last quarter. The stock increased 0.85% or $0.04 during the last trading session, hitting $4.73.Currently Infinera Corporation is downtrending after 48.05% change in last April 9, 2018. INFN has 1.12 million shares volume. INFN underperformed the S&P500 by 52.42%.

Infinera Corporation (NASDAQ:INFN) Ratings Coverage

In total 7 analysts cover Infinera (NASDAQ:INFN). “Buy” rating has 1, “Sell” are 0, while 6 are “Hold”. 14% are bullish. 12 are the (NASDAQ:INFN)’s analyst reports since November 5, 2018 according to StockzIntelligence Inc. In Tuesday, November 13 report Morgan Stanley downgraded it to “Equal-Weight” rating and $6 target. On Friday, November 9 the firm has “Hold” rating by Jefferies given. On Friday, February 22 the firm has “Hold” rating given by FBR Capital. On Friday, February 22 the company was maintained by Morgan Stanley. On Wednesday, March 13 the rating was maintained by Rosenblatt with “Hold”. On Wednesday, November 7 the stock of Infinera Corporation (NASDAQ:INFN) earned “Neutral” rating by Nomura. The stock rating was maintained by Stifel Nicolaus with “Hold” on Friday, February 22. On Monday, February 25 the firm earned “Buy” rating by Deutsche Bank. In Monday, November 5 report FBR Capital maintained the stock with “Neutral” rating.

Infinera Corporation provides optical transport networking equipment, software, and services worldwide.The company has $839.17 million market cap. The company??s product portfolio consists of Infinera DTN-X Family of terabit-class transport network platforms, including the XTC Series, XTS Series, and XT Series; and Infinera DTN platform that supports various Ethernet and optical transport network client interfaces for long-haul, subsea, and regional mesh networks.Last it reported negative earnings. It also provides Infinera XTM Series carrier-grade packet-optical transport platform that enables high-performance metro networks with service-aware, application-specific capabilities; Infinera XTG Series that is a family of passive optical wavelength-division multiplexing products for metro access applications; and Infinera Cloud Xpress Family multiple platforms that are designed to meet the varying needs of cloud service providers, Internet content providers, Internet exchange service providers, enterprises, and other large-scale data center operators.

For more Infinera Corporation (NASDAQ:INFN) news announced briefly go to: Nasdaq.com, Nasdaq.com, Seekingalpha.com, Globenewswire.com or Fool.com. The titles are as follows: “Noteworthy Wednesday Option Activity: CAKE, FIVE, INFN – Nasdaq” announced on February 20, 2019, “Analysts Estimate Infinera (INFN) to Report a Decline in Earnings: What to Look Out for – Nasdaq” on February 14, 2019, “Infinera +8.3% as analysts digest guidance – Seeking Alpha” with a publish date: February 22, 2019, “Infinera Names David Teichmann Chief Legal Officer – GlobeNewswire” and the last “Why Many Fiber-Optic Networking Stocks Rose at Least 12% Last Month – The Motley Fool” with publication date: March 11, 2019.

Infinera Corporation (NASDAQ:INFN) Institutional Investors Chart

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