About Infinera Corporation
Infinera Corporation is a provider of optical transport networking systems to service providers. The Company operates through optical transport networking systems segment. The Company serves Tier 1 and Tier 2 telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions and government entities around the world. Its product portfolio consists of DTN-X family of platforms, the Infinera DTN platform, the Infinera Cloud Xpress platform, the Infinera TM-Series, the Infinera TG-Series and the Infinera ATN platform addressing subsea, long-haul and metro networks. The Company manufactures indium phosphide photonic integrated circuits, which are used as a differentiating component inside its intelligent transport network platforms. The Company's software and services include Infinera Open Transport Switch, Infinera Management Suite and Customer Support Services.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communication Equipment
- Sub-Industry: Communications Equipment
- Exchange: NASDAQ
- Symbol: INFN
- CUSIP: 45667G10
- Previous Close: $11.03
- 50 Day Moving Average: $9.52
- 200 Day Moving Average: $8.88
- 52-Week Range: $7.23 - $17.04
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 47.96
- P/E Growth: 2.11
- Market Cap: $1.60B
- Outstanding Shares: 145,020,000
- Beta: 1.45
- Net Margins: -2.75%
- Return on Equity: 1.60%
- Return on Assets: 1.04%
Companies Related to Infinera Corporation:
- Debt-to-Equity Ratio: 0.16%
- Current Ratio: 3.35%
- Quick Ratio: 2.23%
What is Infinera Corporation's stock symbol?
Infinera Corporation trades on the NASDAQ under the ticker symbol "INFN."
Where is Infinera Corporation's stock going? Where will Infinera Corporation's stock price be in 2017?
16 analysts have issued twelve-month price targets for Infinera Corporation's stock. Their predictions range from $8.00 to $22.00. On average, they expect Infinera Corporation's share price to reach $11.92 in the next twelve months.
When will Infinera Corporation announce their earnings?
Infinera Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Infinera Corporation stock?
Here are some recent quotes from research analysts about Infinera Corporation stock:
- Instinet analysts commented, "1Q guidance was in line with to below consensus estimates'disappointing, given that it was INFN's fourth straight guide down and 4Q ended up fine. However, strengthening in Europe/webscale and a solidifying product roadmap lend visibility to sequential growth through 2017. We lift our low-end estimates, raise our target price to $15, and upgrade our rating to Buy." (2/10/2017)
According to Zacks Investment Research, "Infinera provides Digital Optical Networking systems to telecommunications carriers, cable operators and other service providers worldwide. Infinera's large-scale photonic integrated circuit incorporates hundred Gigabits per second of transmit and receive capacity and the functionality of more than sixty discrete optical components into a pair of indium phosphide chips. Infinera's DTN system and PIC technology are designed to provide optical networks that provide operating simplicity, enhanced revenue generation, faster time-to-service and capital cost savings. " (1/11/2017)
Citigroup Inc. analysts commented, "Shares are down 50 percent YTD, yet additional margin pressure from its aggressive pursuit of new Metro deals and R&D spend means yet another leg down in earnings, with limited visibility until 2H'17. Our $8 PT is equivalent to discounting back a 14x PE on $0.64 FY18 EPS which we believe reflects INFN's recent PE and more 'normalized' margins." (8/25/2016)
Jefferies Group LLC analysts commented, "The Q1 print (and Q2 guidance) were disappointing in our view – particularly the reduction in June expectations associated with a particular Transmode customer. While we still like Infinera’s business longer term, it’s apparent they have lower near-term visibility of business than we previously thought. Spoiled Lingonberries… We Can’t Pay the Same Multiple Anymore. Infinera printed an in-line March quarter and guided for Q2 results below consensus. The most significant component of the reduced expectations comes from a single customer situation on the Transmode side of the business. Slower-than-expected cross-selling opportunities with Transmode are also a new concern. On the positive side, the Long Haul and Cloud Xpress pieces of the business seem to be performing well. Moreover, the strategic rationale behind the company’s purchase of Transmode and their entry into the Metro DCI market remains very much intact. We remain encouraged on these fronts. We’re adjusting our Price Target from $22.50 to $18.00." (4/28/2016)
Who owns Infinera Corporation stock?
Infinera Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (14.97%), Frontier Capital Management Co. LLC (2.19%), State Street Corp (1.79%), Dimensional Fund Advisors LP (1.71%), Cortina Asset Management LLC (0.52%) and Guggenheim Capital LLC (0.46%). Company insiders that own Infinera Corporation stock include Brad Feller, David F Welch, Hooshmand Kambiz, James Laufman, John Daane, Marcel Gani, Robert J Jandro and Thomas J Fallon.
Who sold Infinera Corporation stock? Who is selling Infinera Corporation stock?
Infinera Corporation's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Royce & Associates LP, Cortina Asset Management LLC, Century Capital Management LLC, Cipher Capital LP and Metropolitan Life Insurance Co. NY.
Who bought Infinera Corporation stock? Who is buying Infinera Corporation stock?
Infinera Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Divisar Capital Management LLC, Dimensional Fund Advisors LP, Two Sigma Investments LP, Guggenheim Capital LLC, State Street Corp, FMR LLC and Russell Investments Group Ltd.. Company insiders that have bought Infinera Corporation stock in the last two years include Brad Feller, John Daane, Marcel Gani and Thomas J Fallon.
How do I buy Infinera Corporation stock?
Shares of Infinera 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 Infinera Corporation stock cost?
One share of Infinera Corporation stock can currently be purchased for approximately $11.03.