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

$3.20
+0.06 (+1.91 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$3.1350
Now: $3.20
$3.24
50-Day Range
$2.91
MA: $3.39
$4.43
52-Week Range
$2.86
Now: $3.20
$10.25
Volume748,972 shs
Average Volume2.75 million shs
Market Capitalization$568.90 million
P/E RatioN/A
Dividend YieldN/A
Beta0.87
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$568.90 million
Next Earnings Date8/6/2019 (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) posted its quarterly earnings data on Wednesday, May, 8th. The communications equipment provider reported ($0.23) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.27) by $0.04. The communications equipment provider had revenue of $295.60 million for the quarter, compared to analysts' expectations of $311.11 million. Infinera had a negative return on equity of 20.02% and a negative net margin of 29.68%. The business's revenue was up 45.8% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.05) EPS. View Infinera's Earnings History.

When is Infinera's next earnings date?

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

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

Infinera issued an update on its second quarter earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of ($0.30)-(0.26) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.18). The company issued revenue guidance of $290-310 million, compared to the consensus revenue estimate of $336.56 million.Infinera also updated its Q2 2019 guidance to $-0.3--0.26 EPS.

What price target have analysts set for INFN?

13 equities research analysts have issued 12 month price targets for Infinera's shares. Their predictions range from $2.99 to $13.00. On average, they expect Infinera's share price to reach $7.3325 in the next year. This suggests a possible upside of 129.1% 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 2 sell ratings, 8 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?

News stories about INFN stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Infinera earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. 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 Continental Resources (Clr).

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 institutional and retail investors. Top institutional shareholders include FMR LLC (14.82%), Elk Creek Partners LLC (2.02%), Paradigm Capital Management Inc. NY (0.46%), Bank of Montreal Can (0.41%), Cooper Creek Partners Management LLC (0.35%) and California Public Employees Retirement System (0.32%). 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 institutional investors are selling Infinera stock?

INFN stock was sold by a variety of institutional investors in the last quarter, including Eagle Boston Investment Management Inc., Elk Creek Partners LLC, California Public Employees Retirement System, Adirondack Research & Management Inc., Princeton Capital Management LLC and American International Group Inc.. View Insider Buying and Selling for Infinera.

Which institutional investors are buying Infinera stock?

INFN stock was bought by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, Cooper Creek Partners Management LLC, Bank of Montreal Can, Victory Capital Management Inc., FMR LLC, Penserra Capital Management LLC, Meitav Dash Investments Ltd. and Royce & Associates LP. 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, Scottrade, Fidelity and Charles Schwab.

What is Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $3.20.

How big of a company is Infinera?

Infinera has a market capitalization of $568.90 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:  560 (Vote Outperform)
Underperform Votes:  485 (Vote Underperform)
Total Votes:  1,045
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 6/17/2019 by MarketBeat.com Staff

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