NeoPhotonics Corp Company Profile (NYSE:NPTN)

NeoPhotonics Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NPTN."

NeoPhotonics Corp (NYSE:NPTN) released its quarterly earnings data on Friday, May, 5th. The company reported ($0.25) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.23) by $0.02. The company earned $71.70 million during the quarter, compared to analysts' expectations of $70.05 million. NeoPhotonics Corp had a positive return on equity of 4.18% and a negative net margin of 0.46%. The company's revenue for the quarter was down 27.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 EPS. View NeoPhotonics Corp's Earnings History.

NeoPhotonics Corp updated its second quarter earnings guidance on Friday, May, 5th. The company provided EPS guidance of ($0.26-0.19) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.11). The company issued revenue guidance of $68-74 million, compared to the consensus revenue estimate of $80.13 million.

6 brokers have issued 12 month price objectives for NeoPhotonics Corp's stock. Their predictions range from $6.25 to $20.00. On average, they expect NeoPhotonics Corp's share price to reach $13.05 in the next year. View Analyst Ratings for NeoPhotonics Corp.

Here are some recent quotes from research analysts about NeoPhotonics Corp stock:

• 1. According to Zacks Investment Research, "NeoPhotonics Corporation is engaged in the design and manufacture of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high-speed communications networks. Products offered by the Company includes high-speed products that enable data transmission at 10Gbps, 40Gbps and 100Gbps, agility products such as ROADMs that dynamically allocate bandwidth to adjust for volatile traffic patterns, and access products that provide high-bandwidth connections to more devices and people over fixed and wireless networks. " (5/3/2017)
• 2. Cowen and Company analysts commented, "While NPTN's 1Q17 guidance is a painful reminder of the volatility and execution issues that attend optical communication companies, NPTN remains well-positioned to benefit from strong global 100G+ optical upgrade cycle. We have reduced our CY17-18 estimates to de-risk our model and our PT to $13, but we continue to see favorable risk-reward and maintain our Outperform rating." (3/15/2017)
• 3. Needham & Company LLC analysts commented, "The lack of orders out of China impacts Neo's outlook. The question is for how long. Neo expects orders over the next month or two and likely in the April time frame. Neo expects its business to be heavily back-half weighted, with 2/3 of the year in CY2H. The good news is it expects the yield issues to be fully resolved during the CY2Q quarter, which is dragging results by $6MM/ quarter and costing 200-400BPs to GMs. The costs of the sale of the low speed business should also fall out in CY2Q, helping margins by another 200 BPs. We are disappointed by the China lull but note that Neo, and for that matter the other vendors and their customers the Chinese OEMs, all think there will be strong orders in CY17 and again in CY18." (3/15/2017)

Some companies that are related to NeoPhotonics Corp include Rapid7 (RPD), Rudolph Technologies (RTEC), Instructure (INST), Monotype Imaging Holdings (TYPE), Tuniu Corp (TOUR), Radware (RDWR), Workiva (WK), Ultra Clean Holdings (UCTT), CommerceHub (CHUBA), Vocera Communications (VCRA), Cray (CRAY), Photronics (PLAB), Nova Measuring Instruments (NVMI), Everbridge (EVBG), Quantenna Communications (QTNA), ORBCOMM (ORBC), Nanometrics Incorporated (NANO) and Forrester Research (FORR).

NeoPhotonics Corp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.64%), Wellington Management Group LLP (6.49%), AWM Investment Company Inc. (4.59%), Northpointe Capital LLC (3.70%), Royce & Associates LP (3.67%) and Vanguard Group Inc. (3.55%). Company insiders that own NeoPhotonics Corp stock include Bandel L Carano, Benjamin Lee Sitler, Chiyue Cheung, Michael J Sophie, Ray Wallin, Timothy Storrs Jenks and Yuen Wupen. View Institutional Ownership Trends for NeoPhotonics Corp.

NeoPhotonics Corp's stock was sold by a variety of institutional investors in the last quarter, including Harvest Fund Management Co. Ltd, Paradigm Capital Management Inc. NY, Geode Capital Management LLC, Vanguard Group Inc., Renaissance Technologies LLC, Morgan Stanley, AlphaOne Investment Services LLC and Bank of Nova Scotia. Company insiders that have sold NeoPhotonics Corp stock in the last year include Benjamin Lee Sitler, Chiyue Cheung, Ray Wallin, Timothy Storrs Jenks and Yuen Wupen. View Insider Buying and Selling for NeoPhotonics Corp.

NeoPhotonics Corp's stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Royce & Associates LP, Dimensional Fund Advisors LP, Highbridge Capital Management LLC, Northpointe Capital LLC, Engineers Gate Manager LP, AWM Investment Company Inc. and Granite Point Capital Management L.P.. View Insider Buying and Selling for NeoPhotonics Corp.

Shares of NeoPhotonics Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NeoPhotonics Corp stock can currently be purchased for approximately $9.07.