NYSE:NPTNNeoPhotonics Stock Price, Forecast & News

$8.30

-0.02 (-0.24 %)

(As of 05/25/2020 01:28 PM ET)

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Today's Range

$8.20

Now: $8.30▼

$8.51

50-Day Range

$7.17

MA: $8.34▼

$9.76

52-Week Range

$3.36

Now: $8.30▼

$9.99

Volume804,470 shs

Average Volume1.60 million shs

Market Capitalization$404.71 million

P/E Ratio166.03

Dividend YieldN/A

Beta1.61

NeoPhotonics Corporation develops, manufactures, and sells optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks. It offers high speed products, including transmitter, receiver, and switching products for 100G (gigabits per second) and optical transmission applications over distances of 2 to 2,000 kilometers; optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generate ultra-pure wavelength or color for coherent transmission, as well as coherent micro-modulators, which encode the information on the intensity and phase of the optical beam; and integrated coherent receivers (ICRs) that decode the phase and polarization encoded coherent signals. The company also engages in developing pluggable coherent modules that combine NLW-ITLA with ICR and a coherent modulator; and offers 100G products for the client side and datacenter applications. In addition, it offers network products and solutions, including application-specific passive optical functionalities in modules or sub-system configurations; transceiver modules for various low speed access and mobile backhaul applications; and products for test and measurement, instrumentation, industrial, and research applications. The company sells its products to network equipment manufacturers through a direct sales force in North America, Europe, and Asia. The company was formerly known as NanoGram Corporation and changed its name to NeoPhotonics Corporation in 2002. NeoPhotonics Corporation was founded in 1996 and is headquartered in San Jose, California.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
NeoPhotonics has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.17, NeoPhotonics has a potential upside of 34.5% from its current price of $8.30.
Amount of Analyst Coverage
NeoPhotonics has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
NeoPhotonics has received 401 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NeoPhotonics has received 372 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NeoPhotonics has received 51.88% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about NeoPhotonics and other stocks. Vote “Outperform” if you believe NPTN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NPTN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
NeoPhotonics does not currently pay a dividend.
Dividend Growth
NeoPhotonics does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NeoPhotonics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $873,866.00 in company stock.
Percentage Held by Insiders
Only 16.00% of the stock of NeoPhotonics is held by insiders.
Percentage Held by Institutions
85.63% of the stock of NeoPhotonics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for NeoPhotonics are expected to grow by 12.50% in the coming year, from $0.32 to $0.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NeoPhotonics is 166.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of NeoPhotonics is 166.03, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.72.
Price to Earnings Growth Ratio
NeoPhotonics has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
NeoPhotonics has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.72 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorComputer and Technology

Current SymbolNYSE:NPTN

Previous Symbol

CUSIP64051T10

CIK1227025

Webwww.neophotonics.com

Phone408-232-9200

Debt

Debt-to-Equity Ratio0.32

Current Ratio2.21

Quick Ratio1.79

Price-To-Earnings

Trailing P/E Ratio166.03

Forward P/E Ratio25.94

P/E Growth1.74

Sales & Book Value

Annual Sales$356.80 million

Price / Sales1.13

Cash Flow$0.45 per share

Price / Cash Flow18.31

Book Value$3.32 per share

Price / Book2.50

Profitability

EPS (Most Recent Fiscal Year)($0.23)

Net Income$-17,080,000.00

Net Margins0.89%

Return on Equity4.86%

Return on Assets2.30%

Miscellaneous

Employees1,690

Outstanding Shares48,760,000

Market Cap$404.71 million

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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NeoPhotonics (NYSE:NPTN) Frequently Asked Questions

How has NeoPhotonics' stock been impacted by COVID-19 (Coronavirus)?

NeoPhotonics' stock was trading at $6.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NPTN shares have increased by 27.1% and is now trading at $8.30. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of NeoPhotonics?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NeoPhotonics in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NeoPhotonics.

When is NeoPhotonics' next earnings date?

NeoPhotonics is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for NeoPhotonics.

How were NeoPhotonics' earnings last quarter?

NeoPhotonics Corp (NYSE:NPTN) announced its earnings results on Thursday, April, 30th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.12. The semiconductor company had revenue of $97.40 million for the quarter, compared to analyst estimates of $86.48 million. NeoPhotonics had a net margin of 0.89% and a return on equity of 4.86%. The firm's revenue was up 22.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.19) EPS. View NeoPhotonics' earnings history.

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

NeoPhotonics updated its second quarter earnings guidance on Thursday, April, 30th. The company provided EPS guidance of $0.05-$0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.06. The company issued revenue guidance of $94-$102 million, compared to the consensus revenue estimate of $92.99 million.

What price target have analysts set for NPTN?

9 equities research analysts have issued twelve-month price targets for NeoPhotonics' shares. Their forecasts range from $7.00 to $14.00. On average, they expect NeoPhotonics' stock price to reach $11.17 in the next twelve months. This suggests a possible upside of 34.5% from the stock's current price. View analysts' price targets for NeoPhotonics.

What are Wall Street analysts saying about NeoPhotonics stock?

Here are some recent quotes from research analysts about NeoPhotonics 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. " (3/5/2020)
2. Northland Securities analysts commented, "We believe any distress element discount should come out of the shares given the positive EBITDA outlook and while concerns about Huawei/China exposure will persist, with Huawei concentration down near 30% of revs and the strategic nature of coherent laser tech argue for a more normalized valuation. Key Points We reiterate our OP rating and $9.75 PT, which represents 1.2X our significantly increased CY20 revenue ests of $350M, which contemplates continued double digit growth in ex revs and a lower Huawei (sub $25M/Q vs the recent $35-40M/Q) run rate." (8/6/2019)

Has NeoPhotonics been receiving favorable news coverage?

Media stories about NPTN stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NeoPhotonics earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutNeoPhotonics.

Are investors shorting NeoPhotonics?

NeoPhotonics saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,040,000 shares, an increase of 36.3% from the April 30th total of 2,230,000 shares. Based on an average daily volume of 946,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 6.6% of the company's shares are sold short. View NeoPhotonics' Current Options Chain.

Who are some of NeoPhotonics' key competitors?

Some companies that are related to NeoPhotonics include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Inphi (IPHI) and Cree (CREE). View all competitors.

What other stocks do shareholders of NeoPhotonics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NeoPhotonics investors own include Cheniere Energy (LNG), Alibaba Group (BABA), Applied Optoelectronics (AAOI), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Lumentum (LITE), Advanced Micro Devices (AMD), Intel (INTC) and AT&T (T).

Who are NeoPhotonics' key executives?

NeoPhotonics' management team includes the following people:

Mr. Timothy Storrs Jenks, Chairman, CEO & Pres (Age 64)
Ms. Elizabeth Eby, Sr. VP of Fin. & CFO (Age 55)
Dr. Chi Yue Cheung, COO & Sr. VP (Age 51)
Dr. Wupen Yuen, Sr. VP, GM & Chief Product Officer (Age 49)
Dr. G. Ferris Lipscomb Ph.D., VP of Marketing (Age 67)

What is NeoPhotonics' stock symbol?

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

Who are NeoPhotonics' major shareholders?

NeoPhotonics' stock is owned by many different institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (7.19%), BlackRock Inc. (5.81%), Nuveen Asset Management LLC (3.95%), Paradigm Capital Management Inc. NY (3.86%), Acadian Asset Management LLC (3.73%) and JPMorgan Chase & Co. (3.06%). Company insiders that own NeoPhotonics stock include Chiyue Cheung, Elizabeth Lynne Eby, Michael J Sophie, Timothy Storrs Jenks and Yuen Wupen. View institutional ownership trends for NeoPhotonics.

Which major investors are selling NeoPhotonics stock?

NPTN stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Deutsche Bank AG, AQR Capital Management LLC, Morgan Stanley, Geode Capital Management LLC, Engineers Gate Manager LP, Two Sigma Investments LP, and Chicago Equity Partners LLC. Company insiders that have sold NeoPhotonics company stock in the last year include Chiyue Cheung, Michael J Sophie, Timothy Storrs Jenks, and Yuen Wupen. View insider buying and selling activity for NeoPhotonics.

Which major investors are buying NeoPhotonics stock?

NPTN stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., Paradigm Capital Management Inc. NY, Granahan Investment Management Inc. MA, Nuveen Asset Management LLC, State Street Corp, Cadence Capital Management LLC, and Mackay Shields LLC. View insider buying and selling activity for NeoPhotonics.

How do I buy shares of NeoPhotonics?

Shares of NPTN 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 NeoPhotonics' stock price today?

One share of NPTN stock can currently be purchased for approximately $8.30.

How big of a company is NeoPhotonics?

NeoPhotonics has a market capitalization of $404.71 million and generates $356.80 million in revenue each year. The semiconductor company earns $-17,080,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis. NeoPhotonics employs 1,690 workers across the globe.

What is NeoPhotonics' official website?

The official website for NeoPhotonics is www.neophotonics.com.

How can I contact NeoPhotonics?

NeoPhotonics' mailing address is 3081 ZANKER ROAD, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-232-9200 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff