FTE Networks, Inc., together with its subsidiaries, offers technology-oriented solutions for smart platforms, network infrastructure, and buildings in the United States. The company operates through three segments: Infrastructure, Technology, and Staffing. It also provides telecommunications solutions, including design, engineering, installation, upgrade, repair, and maintenance of infrastructures, antennas, switching systems, and backhaul links, as well as fiber optic, copper, and coaxial cable networks used for video, data, and voice transmission. In addition, the company offers software-driven, multi-access, edge compute (MEC) platform for campuses and multi-use developments with cumulus networks; and general contracting, pre-construction planning, and project management services, including planning and scheduling of the manpower, equipment, and materials, as well as subcontractors required for a project. Further, it provides staffing solutions primarily for telecommunications, technology, and construction services; and builds outside plants for large corporate customers, government entities, and private investors. Additionally, the company offers inside plant operations services to telecommunications services providers in their switching and processing facilities. It serves customers in telecommunications, retail, professional services, industrial, broadcast, technology, infrastructure, and financial services industries. FTE Networks, Inc. is headquartered in Naples, Florida.
Industry, Sector and Symbol
Industry Communication Equipment
Sub-IndustryN/A
SectorComputer and Technology
Phone+1-502-6573500
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees223
OptionableNot Optionable
FTE Networks (NYSEAMERICAN:FTNW) Frequently Asked Questions
What is FTE Networks' stock symbol?
FTE Networks trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "FTNW."
How were FTE Networks' earnings last quarter?
FTE Networks Inc (NYSEAMERICAN:FTNW) announced its earnings results on Tuesday, November, 20th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.10. The company had revenue of $92.22 million for the quarter, compared to analyst estimates of $89 million. View FTE Networks' Earnings History.
When is FTE Networks' next earnings date?
What price target have analysts set for FTNW?
2 analysts have issued twelve-month target prices for FTE Networks' stock. Their forecasts range from $35.00 to $35.00. On average, they expect FTE Networks' stock price to reach $35.00 in the next year. This suggests a possible upside of 2,436.2% from the stock's current price. View Analyst Price Targets for FTE Networks.
What is the consensus analysts' recommendation for FTE Networks?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FTE Networks in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FTE Networks.
Has FTE Networks been receiving favorable news coverage?
Media coverage about FTNW stock has trended somewhat positive recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. FTE Networks earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the immediate future.
Are investors shorting FTE Networks?
FTE Networks saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 373,170 shares, an increase of 40.4% from the January 15th total of 265,830 shares. Based on an average daily volume of 266,628 shares, the days-to-cover ratio is presently 1.4 days. Approximately 5.3% of the shares of the stock are sold short. View FTE Networks' Current Options Chain.
Who are some of FTE Networks' key competitors?
Some companies that are related to FTE Networks include AgJunction (AJX), Sangoma Technologies (STC), Nuheara (NUH), Network-1 Technologies (NTIP), BK Technologies (BKTI), Siyata Mobile (SIM), C-Com Satellite Systems (CMI), Wireless Telecom Group (WTT), Wireless Telecom Group (WTT), Redline Communications Group (RDL), Lite Access Technologies (LTE), Bewhere (BEW), Enablence Technologies (ENA), Edgewater Wireless Systems (YFI) and Wi2Wi (YTY).
Who are FTE Networks' key executives?
FTE Networks' management team includes the folowing people:
- Mr. Michael Palleschi, Chairman, Pres & CEO(Leave of Absence) (Age 44)
- Mr. David S. Lethem, CFO & Principal Accounting Officer (Age 60)
- Mr. Anthony R. Sirotka, Sr. VP of Bus. Devel., Chief Admin. Officer & Interim CEO
- Mr. Michael Bonewitz, Chief Technology Officer
- Kirstin Gooldy, Chief Compliance Officer & Communications Officer and Corp. Sec.
Who are FTE Networks' major shareholders?
FTE Networks' stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.09%). Company insiders that own FTE Networks stock include Christopher Ferguson, David Lethem, Fred Sacramone, Michael Palleschi and Patrick J O'hare. View Institutional Ownership Trends for FTE Networks.
Which institutional investors are buying FTE Networks stock?
FTNW stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp. Company insiders that have bought FTE Networks stock in the last two years include Christopher Ferguson, David Lethem, Fred Sacramone, Michael Palleschi and Patrick J O'hare. View Insider Buying and Selling for FTE Networks.
How do I buy shares of FTE Networks?
Shares of FTNW 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 FTE Networks' stock price today?
One share of FTNW stock can currently be purchased for approximately $1.38.
How big of a company is FTE Networks?
FTE Networks has a market capitalization of $16.80 million. FTE Networks employs 223 workers across the globe.
What is FTE Networks' official website?
How can I contact FTE Networks?
FTE Networks' mailing address is 999 Vanderbilt Beach Rd Ste 601, NAPLES, FL 34108-3507, United States. The company can be reached via phone at +1-502-6573500.
MarketBeat Community Rating for FTE Networks (NYSEAMERICAN FTNW)
MarketBeat's community ratings are surveys of what our community members think about FTE Networks and other stocks. Vote "Outperform" if you believe FTNW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTNW will underperform the S&P 500 over the long term. You may vote once every thirty days.
