Brocade Communications Systems Company Profile (NASDAQ:BRCD)

About Brocade Communications Systems

Brocade Communications Systems logoBrocade Communications Systems, Inc. is a supplier of networking hardware, software and services, including storage area networking (SAN) solutions, and Internet protocol (IP) networking solutions for businesses and organizations of various types and sizes. The Company has three operating segments: SAN Products, IP Networking Products and Global Services. The SAN Products segment includes infrastructure products and solutions that help customers develop and deploy storage and server consolidation, disaster recovery and data security. The IP Networking Products segment includes Layer 2 and Layer 3 Ethernet switches, and routers that are designed to connect users over private and public networks, including local area, metro, and within and across global data centers. The Global Services segment includes break/fix maintenance, installation, consulting, network management and software maintenance, and post-contract customer support revenue.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Data Storage Devices
  • Sub-Industry: Communications Equipment
  • Exchange: NASDAQ
  • Symbol: BRCD
  • CUSIP: 11162130
Key Metrics:
  • Previous Close: $8.76
  • 50 Day Moving Average: $9.05
  • 200 Day Moving Average: $9.12
  • 52-Week Range: $7.40 - $10.92
  • Trailing P/E Ratio: 15.84
  • Foreward P/E Ratio: 8.69
  • P/E Growth: 3.67
  • Market Cap: $3.49B
  • Outstanding Shares: 400,870,000
  • Beta: 0.74
  • Net Margins: 10.17%
  • Return on Equity: 12.84%
  • Return on Assets: 7.65%
  • Debt-to-Equity Ratio: 0.62%
  • Current Ratio: 2.28%
  • Quick Ratio: 2.17%
Additional Links:
Companies Related to Brocade Communications Systems:

Analyst Ratings

Consensus Ratings for Brocade Communications Systems (NASDAQ:BRCD) (?)
Ratings Breakdown: 1 Sell Rating, 17 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $10.12 (16.43% upside)

Analysts' Ratings History for Brocade Communications Systems (NASDAQ:BRCD)
DateFirmActionRatingPrice TargetDetails
10/3/2016DA DavidsonInitiated CoverageBuy$12.00View Rating Details
9/22/2016JMP SecuritiesReiterated RatingHoldView Rating Details
9/22/2016Citigroup Inc.Lower Price TargetNeutral$11.00 -> $10.00View Rating Details
9/22/2016Robert W. BairdReiterated RatingSellView Rating Details
8/31/2016ArgusReiterated RatingBuy$13.00View Rating Details
8/28/2016RBC Capital MarketsReiterated RatingHoldView Rating Details
8/28/2016Piper Jaffray Cos.Set Price TargetHold$9.00View Rating Details
8/26/2016BMO Capital MarketsReiterated RatingHold$10.00View Rating Details
8/26/2016Deutsche Bank AGBoost Price TargetHold$8.00 -> $9.00View Rating Details
8/26/2016WunderlichReiterated RatingHold$9.00 -> $11.00View Rating Details
8/23/2016Barclays PLCLower Price TargetEqual Weight$10.00 -> $9.00View Rating Details
8/22/2016Royal Bank Of CanadaBoost Price TargetSector Perform$10.00 -> $11.00View Rating Details
5/31/2016Goldman Sachs Group Inc.Boost Price TargetNeutral$9.00 -> $10.00View Rating Details
5/22/2016Oppenheimer Holdings Inc.Reiterated RatingHoldView Rating Details
5/22/2016Wells Fargo & Co.Reiterated RatingHoldView Rating Details
5/22/2016William BlairReiterated RatingHoldView Rating Details
5/18/2016Bank of America Corp.Initiated CoverageBuy -> Buy$10.00 -> $10.00View Rating Details
4/4/2016BTIG ResearchDowngradeHoldView Rating Details
4/4/2016Craig HallumReiterated RatingBuyView Rating Details
2/18/2016Buckingham ResearchLower Price TargetNeutral$10.00 -> $9.00View Rating Details
2/18/2016SunTrust Banks Inc.Lower Price TargetNeutral$11.00 -> $10.00View Rating Details
11/24/2015JPMorgan Chase & Co.DowngradeOverweight -> Neutral$14.00 -> $9.00View Rating Details
8/21/2015Summit ResearchUpgradeHold -> Buy$11.00 -> $14.00View Rating Details
4/13/2015WedbushInitiated CoverageNeutral$14.00View Rating Details
11/28/2014S&P Equity ResearchReiterated RatingHoldView Rating Details
(Data available from 10/21/2014 forward)


Earnings History for Brocade Communications Systems (NASDAQ:BRCD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/25/2016Q316$0.16$0.21$573.14 million$590.72 millionViewListenView Earnings Details
5/19/2016Q2$0.22$0.22$523.37 million$523.00 millionViewListenView Earnings Details
2/17/2016Q116$0.24$0.29$562.60 million$574.00 millionViewListenView Earnings Details
11/23/2015Q415$0.24$0.26$575.56 million$588.83 millionViewListenView Earnings Details
8/20/2015Q315$0.22$0.27$550.85 million$552.00 millionViewListenView Earnings Details
5/21/2015Q215$0.20$0.22$551.33 million$547.00 millionViewListenView Earnings Details
2/19/2015Q115$0.24$0.27$569.75 million$576.00 millionViewListenView Earnings Details
11/24/2014Q414$0.23$0.24$562.20 million$564.00 millionViewN/AView Earnings Details
8/21/2014Q314$0.19$0.23$534.71 million$545.00 millionViewN/AView Earnings Details
5/22/2014Q214$0.19$0.19$531.50 million$537.00 millionViewN/AView Earnings Details
2/19/2014Q114$0.20$0.24$550.69 million$565.00 millionViewN/AView Earnings Details
11/18/2013Q4$0.18$0.24$555.08 million$559.00 millionViewListenView Earnings Details
8/13/2013Q3 2013$0.12$0.19$518.84 million$536.60 millionViewN/AView Earnings Details
5/16/2013Q2 2013$0.15$0.17$544.24 million$538.80 millionViewN/AView Earnings Details
2/14/2013Q1 2013$0.16$0.21$575.62 million$589.00 millionViewN/AView Earnings Details
11/19/2012Q412$0.14$0.17$565.95 million$578.00 millionViewN/AView Earnings Details
8/16/2012$0.12$0.14ViewN/AView Earnings Details
5/17/2012$0.12$0.15ViewN/AView Earnings Details
2/21/2012$0.13$0.20ViewN/AView Earnings Details
11/21/2011$0.10$0.16ViewN/AView Earnings Details
8/18/2011$0.08$0.09ViewN/AView Earnings Details
5/19/2011$0.10$0.13ViewN/AView Earnings Details
2/17/2011$0.10$0.12ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Brocade Communications Systems (NASDAQ:BRCD)
Current Year EPS Consensus Estimate: $0.93 EPS
Next Year EPS Consensus Estimate: $1.00 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.25$0.25$0.25
Q4 20171$0.27$0.27$0.27
(Data provided by Zacks Investment Research)


Current Dividend Information for Brocade Communications Systems (NASDAQ:BRCD)
Annual Dividend:$0.22
Dividend Yield:2.53%
Payout Ratio:39.29% (Based on Trailing 12 Months of Earnings)
23.66% (Based on Current Year Consensus EPS Estimate)
22.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Brocade Communications Systems (NASDAQ:BRCD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Brocade Communications Systems (NASDAQ:BRCD)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 87.75%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2016Ellen OdonnellSVPSell7,500$9.00$67,500.00View SEC Filing  
8/22/2016Gale E EnglandCOOSell10,000$10.19$101,900.00View SEC Filing  
6/10/2016Ellen OdonnellSVPSell8,129$8.87$72,104.23View SEC Filing  
5/31/2016Gale E EnglandCOOSell10,000$9.00$90,000.00View SEC Filing  
3/29/2016Daniel W FairfaxCFOSell12,000$10.23$122,760.00View SEC Filing  
2/22/2016Gale E EnglandCOOSell10,000$9.68$96,800.00View SEC Filing  
12/15/2015Ellen OdonnellSVPSell5,409$8.60$46,517.40View SEC Filing  
6/18/2015Gale E EnglandCOOSell10,000$12.48$124,800.00View SEC Filing  
6/17/2015John W GerdelmanDirectorSell80,000$12.40$992,000.00View SEC Filing  
6/15/2015Ellen OdonnellSVPSell15,627$12.15$189,868.05View SEC Filing  
6/11/2015L William KrauseDirectorSell20,000$12.37$247,400.00View SEC Filing  
5/27/2015Judy BrunerDirectorSell5,000$12.30$61,500.00View SEC Filing  
4/24/2015Daniel W FairfaxCFOSell25,000$12.01$300,250.00View SEC Filing  
3/30/2015Sanjay VaswaniDirectorSell20,000$11.75$235,000.00View SEC Filing  
3/26/2015Daniel W FairfaxCFOSell25,000$11.40$285,000.00View SEC Filing  
2/25/2015Daniel W FairfaxCFOSell25,000$12.39$309,750.00View SEC Filing  
1/26/2015Daniel W FairfaxCFOSell25,000$11.53$288,250.00View SEC Filing  
12/30/2014Daniel W FairfaxCFOSell75,000$12.00$900,000.00View SEC Filing  
12/23/2014Daniel W FairfaxCFOSell25,000$11.60$290,000.00View SEC Filing  
11/11/2014Lloyd CarneyCEOSell42,578$11.00$468,358.00View SEC Filing  
11/5/2014Lloyd CarneyCEOSell5,978$10.89$65,100.42View SEC Filing  
9/18/2014Ken ChengVPSell29,000$10.50$304,500.00View SEC Filing  
9/5/2014Lloyd CarneyCEOSell6,446$10.27$66,200.42View SEC Filing  
9/4/2014Ken ChengVPSell11,000$10.49$115,390.00View SEC Filing  
8/11/2014Lloyd CarneyCEOSell6,445$9.25$59,616.25View SEC Filing  
6/30/2014Lloyd CarneyCEOSell23,711$9.25$219,326.75View SEC Filing  
6/9/2014Ken ChengVPSell12,844$9.15$117,522.60View SEC Filing  
6/6/2014Ken ChengVPSell50,000$9.19$459,500.00View SEC Filing  
6/4/2014Ken ChengVPSell60,000$9.20$552,000.00View SEC Filing  
3/27/2014Ken ChengVPSell15,000$10.35$155,250.00View SEC Filing  
3/24/2014Ken ChengVPSell15,000$10.35$155,250.00View SEC Filing  
3/19/2014Ken ChengVPSell15,000$10.04$150,600.00View SEC Filing  
3/17/2014Daniel FairfaxCFOSell25,000$9.76$244,000.00View SEC Filing  
3/14/2014Ken ChengVPSell15,000$9.89$148,350.00View SEC Filing  
3/11/2014Ken ChengVPSell15,000$10.13$151,950.00View SEC Filing  
3/6/2014Ken ChengVPSell5,000$10.15$50,750.00View SEC Filing  
3/6/2014Sanjay VaswaniDirectorSell80,000$10.14$811,200.00View SEC Filing  
3/5/2014Tyler WallVPSell50,000$10.00$500,000.00View SEC Filing  
12/31/2013Daniel FairfaxCFOSell25,000$8.75$218,750.00View SEC Filing  
12/16/2013Judy BrunerDirectorSell50,000$8.31$415,500.00View SEC Filing  
12/2/2013Daniel FairfaxCFOSell25,000$8.75$218,750.00View SEC Filing  
11/15/2013Tyler WallVPSell28,809$8.14$234,505.26View SEC Filing  
10/30/2013Daniel W FairfaxCFOSell25,000$8.00$200,000.00View SEC Filing  
10/29/2013Tyler WallVPSell22,739$7.86$178,728.54View SEC Filing  
9/16/2013Renato DipentimaDirectorSell57,500$7.74$445,050.00View SEC Filing  
8/16/2013Tyler WallVPSell97,175$7.88$765,739.00View SEC Filing  
6/11/2013Daniel W FairfaxCFOSell12,000$5.75$69,000.00View SEC Filing  
3/5/2013Daniel W FairfaxCFOSell12,000$5.75$69,000.00View SEC Filing  
9/5/2012Alan L EarhartDirectorSell10,000$6.04$60,400.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Brocade Communications Systems (NASDAQ:BRCD)
News IconOwnership Action Don't Lie: Brocade Communications Systems Inc Sentiment Improves on Better Stock Potential - Post News (NASDAQ:BRCD) - October 21 at 12:14 PM
News IconQuarterly EPS analysis of Brocade Communications Systems, Inc. (NASDAQ:BRCD) - The Newburgh Press (NASDAQ:BRCD) - October 20 at 8:50 PM logoETF’s with exposure to Brocade Communications Systems, Inc. : October 19, 2016 (NASDAQ:BRCD) - October 19 at 3:48 PM logoTech Stocks Under Scanner -- Brocade Communications Systems, Western Digital, Seagate Technology, and Daktronics (NASDAQ:BRCD) - October 19 at 8:52 AM
News IconWhat Wall Street is saying about Brocade Communications Systems, Inc. (NASDAQ:BRCD) - The Independent Republic (NASDAQ:BRCD) - October 18 at 3:55 PM
News IconHot Tech Stocks To Watch Right Now: Brocade Communications Systems, Inc. (BRCD), Groupon, Inc. (GRPN) - The Independent Republic (NASDAQ:BRCD) - October 17 at 3:55 PM
News IconStocks to Watch: Newmont Mining Corp (NYSE:NEM), Brocade Communications Systems, Inc. (NASDAQ:BRCD ... - NYSE Journal (press release) (NASDAQ:BRCD) - October 17 at 8:50 AM
News IconAttentions Getters- ServiceMaster Global (NYSE:SERV), Brocade Communications Systems (NASDAQ:BRCD), Sempra ... - Seneca Globe (NASDAQ:BRCD) - October 17 at 8:50 AM
News IconBrocade Communications Systems, Inc.'s (BRCD): Worthwhile Stock - Hot Stocks Point (NASDAQ:BRCD) - October 17 at 8:50 AM logoBrocade Communications Systems, Inc. (NASDAQ:BRCD) Is Expected To Post EPS Of $0.21 - (NASDAQ:BRCD) - October 16 at 3:51 PM logoBrocade Communications Systems, Inc. (NASDAQ:BRCD) Deferred Tax Assets At $78.675 - (NASDAQ:BRCD) - October 16 at 3:51 PM
News IconGilead Sciences, Inc. (NASDAQ:GILD) & Brocade Communications Systems, Inc. (NASDAQ:BRCD) News Recap - Money News (NASDAQ:BRCD) - October 15 at 3:51 PM
News IconAnalysts Weigh in on Brocade Communications Systems, Inc. (NASDAQ:BRCD): Consensus Notes (NASDAQ:BRCD) - October 15 at 8:49 AM
News IconUpdate on Brocade Communications Systems, Inc. (NASDAQ:BRCD) for the day (NASDAQ:BRCD) - October 15 at 8:49 AM logoHeavy call action bullish on Brocade (NASDAQ:BRCD) - October 14 at 3:52 PM logoFujitsu Turns to Brocade Workflow Composer to Enhance the Functionality of Its Virtual Desktop Service (NASDAQ:BRCD) - October 14 at 12:24 PM
News IconStock On the Run: Brocade Communications Systems, Inc. (NASDAQ:BRCD) - FactsReporter (NASDAQ:BRCD) - October 13 at 3:50 PM logoBrocade Communications Systems (BRCD) Shares Cross Below 200 DMA (NASDAQ:BRCD) - October 12 at 9:20 PM logoBrocade Communications Systems, Inc. (NASDAQ:BRCD) EPS ... - (NASDAQ:BRCD) - October 12 at 4:10 PM
News IconBrocade Communications Systems, Inc.: BRCD Stock Could Soar - Profit Confidential (NASDAQ:BRCD) - October 12 at 8:25 AM
News IconStocks Alert - Whiting Petroleum, (NYSE:WLL), Brocade Communications Systems, (NASDAQ:BRCD) - Financial Breaking News (NASDAQ:BRCD) - October 11 at 4:03 PM
News IconWatch List: Brocade Communications Systems, Inc. (NASDAQ:BRCD), Ascena Retail Group Inc (NASDAQ:ASNA ... - NYSE Journal (press release) (NASDAQ:BRCD) - October 11 at 4:03 PM logoBrocade Communications Systems (BRCD) Shares Cross Below 200 DMA - Nasdaq (NASDAQ:BRCD) - October 11 at 4:03 PM
News IconStocks Skyrockets on Unusual Volume: Brocade Communications Systems, Inc. (NASDAQ:BRCD), Tableau Software ... - Street Wise Report (press release) (blog) (NASDAQ:BRCD) - October 10 at 3:51 PM
News IconBroker Roundup For Brocade Communications Systems, Inc. (NASDAQ:BRCD) - The De Soto Edge (NASDAQ:BRCD) - October 9 at 8:40 AM logoBrocade Communications Systems, Inc. (NASDAQ:BRCD) Beginning Cash At $1255.017 Millions - Stocks Daily (NASDAQ:BRCD) - October 9 at 8:40 AM
News Icon2 Stocks Attracting Analyst Attention: Brocade Communications Systems, Incorporated (NASDAQ:BRCD), Callon ... - The Voice Registrar (NASDAQ:BRCD) - October 7 at 3:54 PM
News IconBrocade Communications Systems, Inc. (BRCD) Sale Analysis - Newburgh Press (NASDAQ:BRCD) - October 7 at 3:54 PM
News IconStocks Tumbling on Lethargic Results- Brocade Communications Systems (NASDAQ:BRCD), Mobile TeleSystems ... - Street Wise Report (press release) (blog) (NASDAQ:BRCD) - October 6 at 3:53 PM logoNews Review Parkway Properties Inc (NYSE:PKY), Brocade ... - Wall Street 24 (NASDAQ:BRCD) - October 6 at 3:53 PM logoBrocade Communications Systems, Inc. – Value Analysis (NASDAQ:BRCD) : October 6, 2016 (NASDAQ:BRCD) - October 6 at 3:53 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention Envision Healthcare Holdings Inc (NYSE:EVHC), Brocade ... - The Voice Registrar (NASDAQ:BRCD) - October 5 at 4:12 PM logoBrocade Communications Systems, Inc. (NASDAQ:BRCD) Mean Price Target At $10.045 - (NASDAQ:BRCD) - October 5 at 4:12 PM logoBrocade Communications Systems, Inc. breached its 50 day moving average in a Bullish Manner : BRCD-US : October 5, 2016 (NASDAQ:BRCD) - October 5 at 8:53 AM logo3 Trending Stocks: The Charles Schwab Corporation (SCHW), Brocade Communications Systems, Inc. (BRCD), Xerox ... - iStreetWire (NASDAQ:BRCD) - October 4 at 3:52 PM logoMid-Morning Market Update: Markets Open Higher; Darden Profit Beats Estimates - Benzinga (NASDAQ:BRCD) - October 4 at 3:52 PM logoBrocade Communications Wins New Buy Rating From DA Davidson (NASDAQ:BRCD) - October 4 at 3:52 PM logoAT&T (T) to Rebrand Network Functions on Demand Platform (NASDAQ:BRCD) - October 4 at 3:52 PM logoBrocade (BRCD) Stock Up, Receives 'Buy' Rating at DA Davidson (NASDAQ:BRCD) - October 4 at 8:49 AM
News IconScorching Hot Tech Stocks Tape: Brocade Communications Systems, Inc. (BRCD), Ascent Solar Technologies, Inc ... - The Independent Republic (NASDAQ:BRCD) - October 3 at 3:52 PM
News IconNoteworthy Analyst Ratings of Two Stocks Brocade Communications Systems, Inc. (NASDAQ:BRCD), JetBlue Airways ... - The Voice Registrar (NASDAQ:BRCD) - October 3 at 3:52 PM
News IconQuarterly EPS analysis of Brocade Communications Systems, Inc. (NASDAQ:BRCD) - Newburgh Press (NASDAQ:BRCD) - October 3 at 3:52 PM logoBrocade Communications Systems, Inc. (NASDAQ:BRCD) Held $1440.882 In Short-Term Investments And Cash (NASDAQ:BRCD) - October 2 at 8:38 AM
News IconScorching Hot Tech Stocks Tape: Twilio, Inc. (TWLO), Brocade Communications Systems, Inc. (BRCD) - The Independent Republic (NASDAQ:BRCD) - September 30 at 4:24 PM
News IconScorching Hot Tech Stocks Tape: Twilio (TWLO), Brocade Communications Systems (BRCD) - The Independent Republic (NASDAQ:BRCD) - September 30 at 4:24 PM
News IconAnalysts Valuations For Two Stocks: Brocade Communications Systems, Inc. (NASDAQ:BRCD), SM Energy Co (NYSE ... - The Voice Registrar (NASDAQ:BRCD) - September 30 at 4:24 PM
News IconTech Stocks To Look Out For: Texas Instruments Inc. (TXN), Brocade Communications Systems, Inc. (BRCD) - The Independent Republic (NASDAQ:BRCD) - September 28 at 8:42 AM
News IconTechnology Stocks Worth Chasing: Brocade Communications Systems, Inc. (BRCD), Twitter, Inc. (TWTR) - The Independent Republic (NASDAQ:BRCD) - September 26 at 8:43 AM
News IconCitigroup Gives Brocade Communications Systems, Inc. Price Target With Potential 9.47% Upside (NASDAQ:BRCD) - September 25 at 3:40 PM
News IconChanges To Brocade Communications Systems, Inc. (NASDAQ:BRCD) Target Prices (NASDAQ:BRCD) - September 25 at 3:40 PM


Brocade Communications Systems (NASDAQ:BRCD) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff