About Finisar Corporation
Finisar Corporation (Finisar) is a provider of optical subsystems and components that are used in data communication and telecommunication applications. The Company's optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks. These products rely on the use of semiconductor lasers and photodetectors in conjunction with integrated circuits and optoelectronic packaging to provide a means for transmitting and receiving digital signals over fiber optic cable at speeds ranging from less than one gigabit per second (Gbps), to more than 100 Gbps, over distances of less than 10 meters to more than 2,000 kilometers, using a range of network protocols and physical configurations.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Networking & Communication Devices
- Sub-Industry: Communications Equipment
- Exchange: NASDAQ
- Symbol: FNSR
- CUSIP: 31787A50
- Previous Close: $33.75
- 50 Day Moving Average: $30.69
- 200 Day Moving Average: $28.50
- 52-Week Range: $13.62 - $36.85
- Trailing P/E Ratio: 38.14
- Foreward P/E Ratio: 13.39
- P/E Growth: 0.90
- Market Cap: $3.74B
- Outstanding Shares: 110,694,000
- Beta: 1.3
- Net Margins: 7.31%
- Return on Equity: 10.56%
- Return on Assets: 7.51%
Companies Related to Finisar Corporation:
- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 5.00%
- Quick Ratio: 3.84%
What is Finisar Corporation's stock symbol?
Finisar Corporation trades on the NASDAQ under the ticker symbol "FNSR."
Where is Finisar Corporation's stock going? Where will Finisar Corporation's stock price be in 2017?
11 brokerages have issued 1 year price objectives for Finisar Corporation's shares. Their predictions range from $27.00 to $47.25. On average, they anticipate Finisar Corporation's share price to reach $39.69 in the next twelve months.
When will Finisar Corporation announce their earnings?
Finisar Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, March, 8th 2017.
What are analysts saying about Finisar Corporation stock?
Here are some recent quotes from research analysts about Finisar Corporation stock:
According to Zacks Investment Research, "FINISAR CORP. is a provider of fiber optic subsystems and network test and monitoring systems which enable high-speed data communications over local area networks, or LANs, storage area networks, or SANs, and metropolitan access networks, or MANs. They are focused on the application of digital fiber optics to provide aline of high-performance, reliable, value-added optical subsystems for data networking and storage equipment manufacturers. " (2/16/2017)
William Blair analysts commented, "This improved product mix is setting the floor on margins, leaving us optimistic the company can overcome annual telecom price negations in the second half of the year or improve margins further as new growth products and volumes expand." (9/9/2016)
Who owns Finisar Corporation stock?
Finisar Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.18%), Renaissance Technologies LLC (3.76%), State Street Corp (1.81%), FMR LLC (1.17%), Harvest Fund Management Co. Ltd (0.59%) and Thrivent Financial for Lutherans (0.39%). Company insiders that own Finisar Corporation stock include Christopher Brown, Jerry S Rawls, John H Clark, Joseph A Young, Julie Sheridan Eng, Kurt Adzema, Mark Colyar, Robert Stephens, Roger C Ferguson and Todd Swanson.
Who sold Finisar Corporation stock? Who is selling Finisar Corporation stock?
Finisar Corporation's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Bogle Investment Management L P DE, FMR LLC, Fred Alger Management Inc., Thrivent Financial for Lutherans, Employees Retirement System of Texas, Kopp Investment Advisors LLC and Oxford Asset Management. Company insiders that have sold Finisar Corporation stock in the last year include Christopher Brown, Jerry S Rawls, John H Clark, Joseph A Young, Julie Sheridan Eng, Kurt Adzema, Mark Colyar, Robert Stephens, Roger C Ferguson and Todd Swanson.
Who bought Finisar Corporation stock? Who is buying Finisar Corporation stock?
Finisar Corporation's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Harvest Fund Management Co. Ltd, Russell Investments Group Ltd., Marshall Wace LLP, Systematic Financial Management LP, State Street Corp, A.R.T. Advisors LLC and Federated Investors Inc. PA.
How do I buy Finisar Corporation stock?
Shares of Finisar Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Finisar Corporation stock cost?
One share of Finisar Corporation stock can currently be purchased for approximately $33.75.