Infinera Corporation Company Profile (NASDAQ:INFN)

About Infinera Corporation (NASDAQ:INFN)

Infinera Corporation logoInfinera Corporation provides optical transport networking equipment, software and services to telecommunications service providers, Internet content providers (ICPs), cable providers, wholesale and enterprise carriers, research and education institutions, enterprise customers and government entities across the globe. The Company's portfolio consists of the Infinera DTN-X Family, the Infinera DTN platform, the Infinera Cloud Xpress Family, the Infinera XTM Series, the Infinera XTG Series and the Infinera FlexILS platform, addressing long-haul, subsea and metro networks end-to-end. Its technology includes Infinera Intelligent Transport Network Architecture, Infinera Photonic Integrated Circuits, Infinera FlexCoherent Processor, Super-Channels, Sliceable Photonics, Disaggregation, Integrated Digital Switching, Infinera Instant Bandwidth, Infinera Packet-Optical Transport, Multi-layer Switching and Optimization, and Management, Control and Security.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:INFN
  • CUSIP: 45667G10
  • Web: www.infinera.com
Capitalization:
  • Market Cap: $1.28494 billion
  • Outstanding Shares: 148,204,000
Average Prices:
  • 50 Day Moving Avg: $8.55
  • 200 Day Moving Avg: $9.78
  • 52 Week Range: $7.23 - $12.50
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -25.71
  • P/E Growth: -0.76
Sales & Book Value:
  • Annual Revenue: $718.84 million
  • Price / Sales: 1.80
  • Book Value: $4.98 per share
  • Price / Book: 1.76
Profitability:
  • EBITDA: ($60,740,000.00)
  • Net Margins: -18.18%
  • Return on Equity: -12.39%
  • Return on Assets: -7.88%
Debt:
  • Current Ratio: 1.80%
  • Quick Ratio: 1.14%
Misc:
  • Average Volume: 1.62 million shs.
  • Beta: 1.55
  • Short Ratio: 12.6
 

Frequently Asked Questions for Infinera Corporation (NASDAQ:INFN)

What is Infinera Corporation's stock symbol?

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

How were Infinera Corporation's earnings last quarter?

Infinera Corporation (NASDAQ:INFN) issued its earnings results on Thursday, August, 3rd. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.23) by $0.01. The firm earned $176.28 million during the quarter, compared to the consensus estimate of $181.16 million. Infinera Corporation had a negative return on equity of 12.39% and a negative net margin of 18.18%. The company's quarterly revenue was down 31.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.21 EPS. View Infinera Corporation's Earnings History.

When will Infinera Corporation make its next earnings announcement?

Infinera Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Infinera Corporation.

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

Infinera Corporation updated its third quarter earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of ~($0.16) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.11). The company issued revenue guidance of ~$190 million, compared to the consensus revenue estimate of $196.80 million.

Where is Infinera Corporation's stock going? Where will Infinera Corporation's stock price be in 2017?

15 equities research analysts have issued 1 year price objectives for Infinera Corporation's stock. Their predictions range from $7.00 to $15.00. On average, they expect Infinera Corporation's share price to reach $11.82 in the next twelve months. View Analyst Ratings for Infinera Corporation.

What are analysts saying about Infinera Corporation stock?

Here are some recent quotes from research analysts about Infinera Corporation 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. " (10/10/2017)
  • 2. Deutsche Bank AG analysts commented, "We hosted INFN's CFO, Head of Metro Business, and IR in a multi-city NDR in Europe earlier this week. Highlights:. Management stuck to their narrative of a gradual FY17+ rebound in INFN's fundamental growth story (~$12B FY20 TAM ex China; 19% CAGR), while acknowledging a highly competitive market in US Cloud and Metro Optical." (3/20/2017)
  • 3. 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)

Who are some of Infinera Corporation's key competitors?

Who are Infinera Corporation's key executives?

Infinera Corporation's management team includes the folowing people:

  • Kambiz Y. Hooshmand, Independent Chairman of the Board
  • David F. Welch Ph.D., President, Director
  • Thomas J. Fallon, Chief Executive Officer, Director
  • Brad D. Feller, Chief Financial Officer
  • James L. Laufman, Senior Vice President, General Counsel, Corporate Secretary
  • Robert J. Jandro, Senior Vice President - Worldwide Sales
  • John P. Daane, Independent Director
  • Marcel Gani, Independent Director
  • Paul J. Milbury, Independent Director
  • Rajal M. Patel, Independent Director

Who owns Infinera Corporation stock?

Infinera Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (4.11%), Nationwide Fund Advisors (0.14%), Tributary Capital Management LLC (0.05%) and Trellus Management Company LLC (0.03%). Company insiders that own Infinera Corporation stock include Brad Feller, David F Welch, James Laufman, John Daane, Marcel Gani and Thomas J Fallon. View Institutional Ownership Trends for Infinera Corporation.

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 Tributary Capital Management LLC. View Insider Buying and Selling for Infinera Corporation.

Who bought Infinera Corporation stock? Who is buying Infinera Corporation stock?

Infinera Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Nationwide Fund Advisors and Trellus Management Company LLC. Company insiders that have bought Infinera Corporation stock in the last two years include Brad Feller, John Daane, Marcel Gani and Thomas J Fallon. View Insider Buying and Selling for Infinera Corporation.

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.

What is Infinera Corporation's stock price today?

One share of Infinera Corporation stock can currently be purchased for approximately $8.74.


MarketBeat Community Rating for Infinera Corporation (NASDAQ INFN)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  414 (Vote Outperform)
Underperform Votes:  300 (Vote Underperform)
Total Votes:  714
MarketBeat's community ratings are surveys of what our community members think about Infinera Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Infinera Corporation (NASDAQ:INFN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $11.82 (35.22% upside)
Consensus Price Target History for Infinera Corporation (NASDAQ:INFN)
Price Target History for Infinera Corporation (NASDAQ:INFN)
Analysts' Ratings History for Infinera Corporation (NASDAQ:INFN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Citigroup Inc.UpgradeSell -> Neutral$10.00N/AView Rating Details
9/19/2017Needham & Company LLCReiterated RatingBuy$13.00LowView Rating Details
8/18/2017MKM PartnersLower Price TargetBuy$14.00 -> $13.00LowView Rating Details
8/9/2017B. RileyReiterated RatingBuy$14.00LowView Rating Details
8/7/2017Deutsche Bank AGLower Price TargetBuy$12.50 -> $12.00LowView Rating Details
7/21/2017Stifel NicolausReiterated RatingHold$10.00LowView Rating Details
7/18/2017Craig HallumInitiated CoverageBuy$15.00MediumView Rating Details
7/10/2017Raymond James Financial, Inc.Reiterated RatingMarket PerformLowView Rating Details
7/4/2017Northland SecuritiesSet Price TargetHold$7.00LowView Rating Details
5/26/2017Wells Fargo & CompanyUpgradeMarket Perform -> Outperform$10.00 -> $13.00HighView Rating Details
3/16/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$10.00 -> $13.50HighView Rating Details
2/12/2017William BlairReiterated RatingBuyN/AView Rating Details
2/10/2017NomuraUpgradeNeutral -> BuyN/AView Rating Details
2/10/2017InstinetUpgradeNeutral -> BuyN/AView Rating Details
1/19/2017Piper Jaffray CompaniesInitiated CoverageNeutral$9.50N/AView Rating Details
7/28/2016Jefferies Group LLCDowngradeBuy -> HoldN/AView Rating Details
7/28/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$19.00 -> $8.50N/AView Rating Details
4/28/2016Drexel HamiltonReiterated RatingBuyN/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Infinera Corporation (NASDAQ:INFN)
Earnings by Quarter for Infinera Corporation (NASDAQ:INFN)
Earnings History by Quarter for Infinera Corporation (NASDAQ INFN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017($0.16)N/AView Earnings Details
8/3/2017Q2 2017($0.23)($0.24)$181.16 million$176.28 millionViewListenView Earnings Details
5/4/2017Q1 2017($0.15)($0.15)$172.62 million$175.50 millionViewListenView Earnings Details
2/9/2017Q416($0.13)($0.12)$175.37 million$181.00 millionViewListenView Earnings Details
10/26/2016Q316($0.07)$0.05$185.50 million$185.45 millionViewListenView Earnings Details
7/27/2016Q216$0.18$0.21$255.83 million$258.82 millionViewListenView Earnings Details
4/27/2016Q116$0.17$0.19$246.15 million$244.82 millionViewListenView Earnings Details
2/11/2016Q415$0.20$0.21$258.81 million$260.60 millionViewListenView Earnings Details
10/27/2015Q315$0.17$0.22$226.65 million$232.50 millionViewListenView Earnings Details
7/22/2015Q215$0.16$0.18$201.37 million$207.35 millionViewListenView Earnings Details
4/21/2015Q115$0.05$0.11$186.09 million$186.90 millionViewListenView Earnings Details
1/22/2015Q414$0.05$0.08$180.63 million$186.30 millionViewListenView Earnings Details
10/22/2014Q314$0.07$0.11$170.90 million$173.60 millionViewListenView Earnings Details
7/23/2014Q214$0.04$0.11$165.38 million$165.40 millionViewListenView Earnings Details
4/23/2014Q114($0.01)$0.03$140.46 million$142.82 millionViewListenView Earnings Details
10/23/2013Q313$0.04$0.10$140.40 million$142.00 millionViewListenView Earnings Details
7/24/2013Q2 2013($0.02)($0.01)$133.30 million$138.40 millionViewListenView Earnings Details
4/24/2013Q1 2013($0.07)($0.06)$119.65 million$124.60 millionViewListenView Earnings Details
2/5/2013Q4 2012($0.06)($0.05)$127.43 million$128.10 millionViewListenView Earnings Details
10/24/2012Q312($0.12)($0.07)$110.29 million$12.20 millionViewN/AView Earnings Details
7/24/2012($0.16)($0.16)ViewN/AView Earnings Details
4/25/2012($0.12)($0.10)ViewN/AView Earnings Details
2/2/2012($0.12)($0.06)ViewN/AView Earnings Details
10/18/2011($0.11)($0.09)ViewN/AView Earnings Details
7/19/2011($0.11)($0.11)ViewN/AView Earnings Details
4/28/2011($0.07)($0.04)ViewN/AView Earnings Details
1/27/2011$0.04$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Infinera Corporation (NASDAQ:INFN)
2017 EPS Consensus Estimate: ($0.01)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.15)($0.01)($0.08)
Q2 20172($0.09)$0.02($0.04)
Q3 20172$0.00$0.06$0.03
Q4 20172$0.04$0.11$0.08
Q1 20181$0.07$0.07$0.07
Q2 20181$0.08$0.08$0.08
Q3 20181$0.09$0.09$0.09
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Infinera Corporation (NASDAQ:INFN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Infinera Corporation (NASDAQ:INFN)
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 87.56%
Insider Trades by Quarter for Infinera Corporation (NASDAQ:INFN)
Institutional Ownership by Quarter for Infinera Corporation (NASDAQ:INFN)
Insider Trades by Quarter for Infinera Corporation (NASDAQ:INFN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2017David F WelchPresidentSell20,000$9.02$180,400.00View SEC Filing  
8/8/2017David F WelchPresidentSell20,000$9.29$185,800.00View SEC Filing  
7/19/2017David F WelchPresidentSell5,000$12.00$60,000.00View SEC Filing  
6/23/2017David F WelchPresidentSell40,000$12.09$483,600.00View SEC Filing  
8/2/2016Brad FellerCFOBuy20,000$8.60$172,000.00View SEC Filing  
8/2/2016Marcel GaniDirectorBuy50,000$8.60$430,000.00View SEC Filing  
8/1/2016John DaaneDirectorBuy12,000$8.49$101,880.00View SEC Filing  
8/1/2016Thomas J FallonCEOBuy100,000$8.54$854,000.00View SEC Filing  
5/3/2016Brad FellerCFOBuy25,000$11.75$293,750.00View SEC Filing  
5/3/2016Thomas J FallonCEOBuy100,000$11.95$1,195,000.00View SEC Filing  
12/4/2015James LaufmanVPSell5,000$22.30$111,500.00View SEC Filing  
11/2/2015Thomas J. FallonCEOSell200,000$19.85$3,970,000.00View SEC Filing  
6/5/2015Robert J JandroVPSell18,000$21.41$385,380.00View SEC Filing  
4/27/2015David F WelchPresidentSell30,000$20.40$612,000.00View SEC Filing  
4/24/2015Hooshmand KambizDirectorSell100,000$19.38$1,938,000.00View SEC Filing  
4/24/2015Thomas J FallonCEOSell200,000$19.65$3,930,000.00View SEC Filing  
3/30/2015David F WelchPresidentSell30,000$19.56$586,800.00View SEC Filing  
3/16/2015David F WelchPresidentSell30,000$18.82$564,600.00View SEC Filing  
2/17/2015David F WelchPresidentSell30,000$17.35$520,500.00View SEC Filing  
1/27/2015Carl RedfieldDirectorSell50,000$16.52$826,000.00View SEC Filing  
1/27/2015Thomas J FallonCEOSell203,614$16.52$3,363,703.28View SEC Filing  
1/5/2015David F WelchPresidentSell30,000$14.39$431,700.00View SEC Filing  
12/22/2014David F WelchPresidentSell30,000$15.44$463,200.00View SEC Filing  
12/8/2014David F WelchPresidentSell30,000$14.45$433,500.00View SEC Filing  
11/24/2014David F WelchPresidentSell30,000$13.50$405,000.00View SEC Filing  
10/27/2014Carl RedfieldDirectorSell50,000$13.56$678,000.00View SEC Filing  
10/27/2014David F WelchPresidentSell82,500$13.51$1,114,575.00View SEC Filing  
10/27/2014Thomas J FallonCEOSell220,000$13.56$2,983,200.00View SEC Filing  
10/6/2014David F WelchPresidentSell15,000$10.42$156,300.00View SEC Filing  
9/22/2014David F WelchPresidentSell22,500$11.20$252,000.00View SEC Filing  
9/18/2014Thomas J FallonCEOSell150,000$11.43$1,714,500.00View SEC Filing  
9/8/2014David F WelchPresidentSell245,000$11.01$2,697,450.00View SEC Filing  
9/8/2014Hooshmand KambizDirectorSell14,500$10.75$155,875.00View SEC Filing  
9/8/2014Thomas J FallonCEOSell20,000$11.00$220,000.00View SEC Filing  
8/26/2014David F WelchPresidentSell180,000$9.99$1,798,200.00View SEC Filing  
8/26/2014Paul J MilburyDirectorSell25,000$10.41$260,250.00View SEC Filing  
8/12/2014David F WelchPresidentSell17,500$9.16$160,300.00View SEC Filing  
8/11/2014David F WelchPresidentSell7,500$9.25$69,375.00View SEC Filing  
7/29/2014David F WelchPresidentSell17,500$9.04$158,200.00View SEC Filing  
7/28/2014David F WelchPresidentSell7,500$9.09$68,175.00View SEC Filing  
7/28/2014Mark A WegleitnerDirectorSell4,500$9.12$41,040.00View SEC Filing  
7/1/2014David F WelchPresidentSell10,000$9.21$92,100.00View SEC Filing  
6/17/2014David F WelchPresidentSell10,000$9.15$91,500.00View SEC Filing  
6/5/2014David F WelchPresidentSell10,000$9.00$90,000.00View SEC Filing  
5/20/2014David WelchPresidentSell20,000$9.09$181,800.00View SEC Filing  
5/16/2014Brad FellerCFOBuy25,000$8.25$206,250.00View SEC Filing  
5/15/2014Dan MaydanDirectorSell13,333$8.13$108,397.29View SEC Filing  
5/2/2014Philip KoenDirectorSell32,100$9.03$289,863.00View SEC Filing  
4/29/2014David WelchPresidentSell10,000$9.00$90,000.00View SEC Filing  
4/29/2014Paul MilburyDirectorSell25,000$8.83$220,750.00View SEC Filing  
4/28/2014Thomas FallonCEOSell50,000$8.82$441,000.00View SEC Filing  
3/25/2014David WelchPresidentSell10,000$9.53$95,300.00View SEC Filing  
2/26/2014Ita BrennanCFOSell30,000$8.50$255,000.00View SEC Filing  
2/10/2014Ita BrennanCFOSell144,864$8.56$1,240,035.84View SEC Filing  
2/3/2014Thomas FallonCEOSell50,000$8.57$428,500.00View SEC Filing  
1/14/2014David WelchPresidentSell10,000$9.03$90,300.00View SEC Filing  
1/8/2014David WelchPresidentSell50,000$10.00$500,000.00View SEC Filing  
1/8/2014Kenneth GoldmanDirectorSell12,100$10.00$121,000.00View SEC Filing  
12/31/2013David WelchPresidentSell10,000$9.72$97,200.00View SEC Filing  
12/17/2013David WelchPresidentSell10,000$9.16$91,600.00View SEC Filing  
12/3/2013David WelchPresidentSell10,000$9.00$90,000.00View SEC Filing  
11/5/2013David WelchPresidentSell10,000$9.75$97,500.00View SEC Filing  
10/31/2013Paul J MilburyDirectorSell40,000$10.24$409,600.00View SEC Filing  
10/30/2013Thomas J FallonCEOSell76,024$10.51$799,012.24View SEC Filing  
10/29/2013Hooshmand KambizDirectorSell17,600$10.50$184,800.00View SEC Filing  
10/28/2013David F WelchPresidentSell20,000$10.14$202,800.00View SEC Filing  
10/28/2013Ita M BrennanCFOSell12,500$10.09$126,125.00View SEC Filing  
10/28/2013Kenneth A GoldmanDirectorSell40,000$10.03$401,200.00View SEC Filing  
10/28/2013Thomas J FallonCEOSell50,000$10.12$506,000.00View SEC Filing  
10/8/2013David WelchPresidentSell30,000$11.39$341,700.00View SEC Filing  
9/24/2013David WelchPresidentSell30,000$11.08$332,400.00View SEC Filing  
9/23/2013Kenneth GoldmanDirectorSell40,000$11.09$443,600.00View SEC Filing  
9/10/2013David F WelchPresidentSell60,000$11.01$660,600.00View SEC Filing  
9/9/2013Carl RedfieldDirectorSell50,000$11.00$550,000.00View SEC Filing  
9/5/2013Kenneth A GoldmanDirectorSell5,969$10.66$63,629.54View SEC Filing  
9/5/2013Thomas J FallonCEOSell150,000$10.56$1,584,000.00View SEC Filing  
8/29/2013Kenneth GoldmanDirectorSell6,000$9.50$57,000.00View SEC Filing  
8/22/2013David WelchPresidentSell60,000$10.02$601,200.00View SEC Filing  
8/22/2013Ita BrennanCFOSell12,500$10.00$125,000.00View SEC Filing  
8/22/2013Kenneth GoldmanDirectorSell46,000$10.05$462,300.00View SEC Filing  
8/22/2013Thomas FallonCEOSell50,000$9.95$497,500.00View SEC Filing  
5/31/2013Michael O Mccarthy IIIInsiderSell123,578$10.85$1,340,821.30View SEC Filing  
5/29/2013Michael O Mccarthy IIIInsiderSell51,040$9.59$489,473.60View SEC Filing  
5/16/2013Dan MaydanDirectorSell90,234$9.30$839,176.20View SEC Filing  
5/16/2013Michael O Mccarthy IIIInsiderSell45,309$9.11$412,764.99View SEC Filing  
11/21/2012Thomas J FallonCEOBuy50,000$4.47$223,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

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Infinera Corporation (INFN) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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