NASDAQ:FNSR - Finisar Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$23.93 -0.43 (-1.77 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$24.36
Today's Range$23.84 - $24.38
52-Week Range$15.01 - $24.77
Volume792,077 shs
Average Volume1.40 million shs
Market Capitalization$2.82 billion
P/E Ratio74.78
Dividend YieldN/A
Beta1.41
Finisar Corporation provides components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics, and automotive companies in the United States, China, Malaysia, and internationally. The company's optical subsystems primarily include transmitters, receivers, transceivers, transponders, and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in wireline networks comprising switches, routers, and servers, as well as wireless networks, such as antennas and base stations. It also offers wavelength selective switches that are used to switch network traffic from one optical fiber to various other fibers without converting to an electronic signal. In addition, the company provides packaged laser, receivers, and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications. It markets its products through direct sales force, as well as distributors, manufacturers' representatives and resellers, and system integrators; and to the manufacturers of storage systems and telecommunication equipment, as well as to their contract manufacturers. Finisar Corporation was founded in 1987 and is headquartered in Sunnyvale, California.

Receive FNSR News and Ratings via Email

Sign-up to receive the latest news and ratings for FNSR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:FNSR
CUSIP31787A50
Phone408-548-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.32 billion
Cash Flow$1.4126 per share
Book Value$14.16 per share

Profitability

Net Income$-48,280,000.00

Miscellaneous

Employees13,000
Market Cap$2.82 billion
Next Earnings Date6/13/2019 (Estimated)
OptionableOptionable

Finisar (NASDAQ:FNSR) Frequently Asked Questions

What is Finisar's stock symbol?

Finisar trades on the NASDAQ under the ticker symbol "FNSR."

How were Finisar's earnings last quarter?

Finisar Co. (NASDAQ:FNSR) announced its quarterly earnings results on Thursday, February, 28th. The technology company reported $0.16 earnings per share for the quarter, hitting analysts' consensus estimates of $0.16. The technology company earned $327.64 million during the quarter, compared to analysts' expectations of $343.27 million. Finisar had a positive return on equity of 2.56% and a negative net margin of 4.48%. View Finisar's Earnings History.

When is Finisar's next earnings date?

Finisar is scheduled to release their next quarterly earnings announcement on Thursday, June 13th 2019. View Earnings Estimates for Finisar.

What price target have analysts set for FNSR?

14 brokerages have issued 1 year target prices for Finisar's shares. Their forecasts range from $17.00 to $48.00. On average, they expect Finisar's share price to reach $25.3992 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Finisar.

What is the consensus analysts' recommendation for Finisar?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Finisar in the last year. There are currently 12 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Finisar.

Has Finisar been receiving favorable news coverage?

Media coverage about FNSR stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Finisar earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Are investors shorting Finisar?

Finisar saw a decline in short interest in the month of March. As of March 29th, there was short interest totalling 10,020,875 shares, a decline of 11.5% from the March 15th total of 11,318,774 shares. Based on an average daily volume of 1,165,799 shares, the days-to-cover ratio is currently 8.6 days. Currently, 8.6% of the shares of the stock are sold short. View Finisar's Current Options Chain.

Who are some of Finisar's key competitors?

What other stocks do shareholders of Finisar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Finisar investors own include Bank of America (BAC), NVIDIA (NVDA), Micron Technology (MU), Intelsat (I), Ciena (CIEN), Advanced Micro Devices (AMD), Intel (INTC), Fossil Group (FOSL), Cypress Semiconductor (CY) and Oclaro (OCLR).

Who are Finisar's key executives?

Finisar's management team includes the folowing people:
  • Mr. Michael E. Hurlston, CEO & Director (Age 52)
  • Mr. Jerry S. Rawls, Co-Founder & Director (Age 74)
  • Mr. Kurt Adzema, CFO, Principal Accounting Officer & Exec. VP of Fin. (Age 50)
  • Mr. Joseph A. Young, Exec. VP of Global Operations (Age 62)
  • Mr. Todd Swanson, Chief Operating Officer (Age 48)

Who are Finisar's major shareholders?

Finisar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (1.40%), Havens Advisors LLC (0.17%), Tibra Equities Europe Ltd (0.12%), State of Alaska Department of Revenue (0.03%), BNP Paribas Arbitrage SA (0.02%) and Virtu Financial LLC (0.01%). Company insiders that own Finisar stock include Jerry S Rawls, John H Clark, Julie Sheridan Eng, Kurt Adzema, Mark Colyar, Robert Stephens, Roger C Ferguson and Todd Swanson. View Institutional Ownership Trends for Finisar.

Which institutional investors are selling Finisar stock?

FNSR stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, BNP Paribas Arbitrage SA, Exane Derivatives, Capital Investment Advisory Services LLC and Strs Ohio. Company insiders that have sold Finisar company stock in the last year include Jerry S Rawls, Julie Sheridan Eng and Roger C Ferguson. View Insider Buying and Selling for Finisar.

Which institutional investors are buying Finisar stock?

FNSR stock was bought by a variety of institutional investors in the last quarter, including Havens Advisors LLC, Tibra Equities Europe Ltd, Virtu Financial LLC, Investors Research Corp, Versant Capital Management Inc and State of Alaska Department of Revenue. View Insider Buying and Selling for Finisar.

How do I buy shares of Finisar?

Shares of FNSR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Finisar's stock price today?

One share of FNSR stock can currently be purchased for approximately $23.93.

How big of a company is Finisar?

Finisar has a market capitalization of $2.82 billion and generates $1.32 billion in revenue each year. The technology company earns $-48,280,000.00 in net income (profit) each year or $0.32 on an earnings per share basis. Finisar employs 13,000 workers across the globe.

What is Finisar's official website?

The official website for Finisar is http://www.finisar.com.

How can I contact Finisar?

Finisar's mailing address is 1389 MOFFETT PARK DR, SUNNYVALE CA, 94089. The technology company can be reached via phone at 408-548-1000 or via email at [email protected]


MarketBeat Community Rating for Finisar (NASDAQ FNSR)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  801 (Vote Outperform)
Underperform Votes:  569 (Vote Underperform)
Total Votes:  1,370
MarketBeat's community ratings are surveys of what our community members think about Finisar and other stocks. Vote "Outperform" if you believe FNSR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FNSR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel