NASDAQ:INFN - Infinera Stock Price, News & Analysis

$5.46
-0.15 (-2.67 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$5.45
Now: $5.46
$5.58
50-Day Range
$3.53
MA: $4.78
$5.63
52-Week Range
$2.80
Now: $5.46
$7.50
Volume721,457 shs
Average Volume2.72 million shs
Market Capitalization$979.51 million
P/E RatioN/A
Dividend YieldN/A
Beta0.59
Infinera Corporation provides optical transport networking 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$943.38 million
Cash Flow$0.0623 per share
Book Value$4.02 per share

Profitability

Net Income$-214,290,000.00

Miscellaneous

Employees3,876
Market Cap$979.51 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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) released its quarterly earnings results on Wednesday, August, 7th. The communications equipment provider reported ($0.24) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.35) by $0.11. The communications equipment provider had revenue of $296.25 million for the quarter, compared to analysts' expectations of $300.40 million. Infinera had a negative return on equity of 27.60% and a negative net margin of 35.53%. The business's revenue for the quarter was up 42.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.01) earnings per share. View Infinera's Earnings History.

When is Infinera's next earnings date?

Infinera is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Infinera.

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

Infinera issued an update on its third quarter earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of (0.19-0.15) for the period, compared to the Thomson Reuters consensus estimate of ($0.15). The company issued revenue guidance of $318-338 million, compared to the consensus revenue estimate of $327.96 million.

What price target have analysts set for INFN?

13 analysts have issued twelve-month target prices for Infinera's stock. Their predictions range from $2.99 to $9.00. On average, they anticipate Infinera's share price to reach $5.9490 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price. View Analyst Price Targets for Infinera.

What is the consensus analysts' recommendation for Infinera?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 7 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Infinera.

What are Wall Street analysts saying about Infinera stock?

Here are some recent quotes from research analysts about Infinera stock:
  • 1. 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. " (8/13/2019)
  • 2. Rosenblatt Securities analysts commented, "We shift from cautionary to a more open-minded stance on INFN stock, looking for sustained revenue growth and margin expansion. We maintain our FY19 revenue/EPS estimates, maintain our FY20 revenue estimate, and reduce our FY20 earnings (by -$.07). We maintain our Neutral rating and our price target moves from $3 to $4." (8/8/2019)

Has Infinera been receiving favorable news coverage?

News headlines about INFN stock have been trending negative this week, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Infinera earned a news impact score of -2.9 on InfoTrie's scale. They also gave news headlines about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Infinera.

Who are some of Infinera's key competitors?

What other stocks do shareholders of Infinera own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Infinera investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Starbucks (SBUX) and Allergan (AGN).

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)

Who are Infinera's major shareholders?

Infinera's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Oaktree Capital Management LP (11.69%), Vanguard Group Inc. (8.01%), Divisar Capital Management LLC (1.85%), Northern Trust Corp (1.04%), D. E. Shaw & Co. Inc. (0.67%) and Paradigm Capital Management Inc. NY (0.67%). Company insiders that own Infinera stock include Brad Feller, David F Welch, David W Heard, Marcel Gani, Robert J Jandro and Thomas J Fallon. View Institutional Ownership Trends for Infinera.

Which major investors are selling Infinera stock?

INFN stock was sold by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Vanguard Group Inc., D. E. Shaw & Co. Inc., BNP Paribas Arbitrage SA, Balyasny Asset Management LLC, Canada Pension Plan Investment Board, MUFG Securities EMEA plc and Eagle Boston Investment Management Inc.. View Insider Buying and Selling for Infinera.

Which major investors are buying Infinera stock?

INFN stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Heartland Advisors Inc., Paradigm Capital Management Inc. NY, Atria Investments LLC, Atria Investments LLC, Divisar Capital Management LLC, King Luther Capital Management Corp and Victory Capital Management Inc.. Company insiders that have bought Infinera stock in the last two years include Brad Feller, David W Heard, Marcel Gani, Robert J Jandro and Thomas J Fallon. View Insider Buying and Selling for Infinera.

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, Robinhood, Fidelity and Charles Schwab.

What is Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $5.46.

How big of a company is Infinera?

Infinera has a market capitalization of $979.51 million and generates $943.38 million in revenue each year. The communications equipment provider earns $-214,290,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis. Infinera employs 3,876 workers across the globe.View Additional Information About Infinera.

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:  576 (Vote Outperform)
Underperform Votes:  502 (Vote Underperform)
Total Votes:  1,078
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 9/17/2019 by MarketBeat.com Staff

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