NASDAQ:INFN - Infinera Stock Price, News, & Analysis

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$4.29 +0.13 (+3.13 %)
(As of 01/16/2019 02:43 AM ET)
Previous Close$4.16
Today's Range$4.15 - $4.3575
52-Week Range$3.54 - $12.39
Volume1.04 million shs
Average Volume2.18 million shs
Market Capitalization$750.69 million
P/E Ratio-5.17
Dividend YieldN/A
Beta0.53
Infinera Corporation provides optical transport networking solutions, equipment, and software and services worldwide. 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; Infinera DTN-X XTC series multi-terabit packet optical transport platforms that integrate digital OTN switching and optical WDM transmission; and Infinera DTN-X XT series for terrestrial applications and XTS series for subsea applications. It also provides Infinera XTM Series packet-optical transport platform that enables high-performance metro networks with service-aware, application-specific capabilities; and Infinera Cloud Xpress Family designed to meet the varying needs of ICPs, communication service providers, Internet exchange service providers, enterprises, and other large-scale data center operators. In addition, the company offers Infinera FlexILS open line system platform that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels. Further, it provides software solutions, including Xceed Software Suite that address long-haul, subsea, and metro networks, as well as a range of support services for all hardware and software products. The company also serves telecommunications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, enterprise customers, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.

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Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:INFN
CUSIP45667G10
Phone408-572-5200

Debt

Current Ratio3.92
Quick Ratio2.95

Price-To-Earnings

Sales & Book Value

Annual Sales$740.74 million
Price / Sales1.01
Price / Cash FlowN/A
Book Value$4.46 per share
Price / Book0.96

Profitability

Net Income$-194,500,000.00
Net Margins-19.18%
Return on Assets-6.99%

Miscellaneous

Employees2,145
Market Cap$750.69 million
OptionableOptionable

Infinera (NASDAQ:INFN) Frequently Asked Questions

What is Infinera's stock symbol?

Infinera trades on the NASDAQ under the ticker symbol "INFN."

How were Infinera's earnings last quarter?

Infinera Corp. (NASDAQ:INFN) issued its earnings results on Tuesday, November, 6th. The communications equipment provider reported ($0.04) EPS for the quarter, hitting analysts' consensus estimates of ($0.04). The communications equipment provider had revenue of $200.41 million for the quarter, compared to analysts' expectations of $210.57 million. Infinera had a negative net margin of 19.18% and a negative return on equity of 11.58%. The firm's revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.11) EPS. View Infinera's Earnings History.

When is Infinera's next earnings date?

Infinera is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Infinera.

What guidance has Infinera issued on next quarter's earnings?

Infinera issued an update on its fourth quarter earnings guidance on Tuesday, November, 6th. The company provided earnings per share (EPS) guidance of ($0.30-0.26) for the period, compared to the Thomson Reuters consensus estimate of ($0.06). The company issued revenue guidance of $315-335 million, compared to the consensus revenue estimate of $432.23 million.Infinera also updated its Q4 2018 guidance to $-0.3--0.26 EPS.

What price target have analysts set for INFN?

16 Wall Street analysts have issued 1-year target prices for Infinera's shares. Their predictions range from $5.50 to $13.00. On average, they expect Infinera's stock price to reach $8.75 in the next year. This suggests a possible upside of 104.0% from the stock's current price. View Analyst Price Targets for Infinera.

What is the consensus analysts' recommendation for Infinera?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 2 sell ratings, 11 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Infinera.

Has Infinera been receiving favorable news coverage?

Headlines about INFN stock have been trending negative on Wednesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Infinera earned a news impact score of -2.5 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting Infinera?

Infinera saw a increase in short interest in December. As of December 31st, there was short interest totalling 24,139,793 shares, an increase of 2.7% from the December 14th total of 23,501,721 shares. Based on an average daily volume of 2,743,063 shares, the days-to-cover ratio is currently 8.8 days. Approximately 14.1% of the company's stock are sold short. View Infinera's Current Options Chain.

Who are some of Infinera's key competitors?

Who are Infinera's key executives?

Infinera's management team includes the folowing people:
  • Mr. Thomas J. Fallon, CEO & Director (Age 57)
  • Dr. David F. Welch, Founder, Chief Innovation Officer & Director (Age 58)
  • Mr. Brad D. Feller, Chief Financial Officer (Age 45)
  • Mr. David W. Heard, Chief Operating Officer (Age 51)
  • Mr. Robert J. Jandro, Sr. VP of Worldwide Sales (Age 64)

How do I buy shares of Infinera?

Shares of INFN 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 Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $4.29.

How big of a company is Infinera?

Infinera has a market capitalization of $750.69 million and generates $740.74 million in revenue each year. The communications equipment provider earns $-194,500,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis. Infinera employs 2,145 workers across the globe.

What is Infinera's official website?

The official website for Infinera is http://www.infinera.com.

How can I contact Infinera?

Infinera's mailing address is 140 CASPIAN COURT, SUNNYVALE CA, 94089. The communications equipment provider can be reached via phone at 408-572-5200 or via email at [email protected]


MarketBeat Community Rating for Infinera (NASDAQ INFN)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  541 (Vote Outperform)
Underperform Votes:  450 (Vote Underperform)
Total Votes:  991
MarketBeat's community ratings are surveys of what our community members think about Infinera and other stocks. Vote "Outperform" if you believe INFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INFN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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