Infinera Corporation (INFN) Analysts See $-0.18 EPS

April 22, 2018 - By Nellie Frank

Infinera Corporation (NASDAQ:INFN) LogoInvestors sentiment decreased to 0.79 in Q4 2017. Its down 0.41, from 1.2 in 2017Q3. It turned negative, as 23 investors sold Infinera Corporation shares while 53 reduced holdings. 19 funds opened positions while 41 raised stakes. 124.27 million shares or 5.97% less from 132.17 million shares in 2017Q3 were reported.
Tiaa Cref Investment Mgmt Lc reported 0% in Infinera Corporation (NASDAQ:INFN). State Of Wisconsin Inv Board stated it has 0% in Infinera Corporation (NASDAQ:INFN). 22.40 million are owned by Fmr Ltd Company. Stone Ridge Asset Limited Liability Company stated it has 11,054 shares or 0% of all its holdings. Highbridge Mgmt Limited Liability Corp holds 0% in Infinera Corporation (NASDAQ:INFN) or 17,711 shares. Granite Invest Prtn Limited Liability Company has 1.24 million shares. Eagle Asset Inc reported 3.92 million shares. Suntrust Banks Inc accumulated 19,399 shares. United Svcs Automobile Association holds 99,987 shares or 0% of its portfolio. Citadel Limited Liability accumulated 23,454 shares or 0% of the stock. Principal Fincl Grp Inc stated it has 0% of its portfolio in Infinera Corporation (NASDAQ:INFN). Ubs Asset Americas holds 0% or 73,215 shares in its portfolio. Palisade Cap Mngmt Limited Liability Company Nj holds 0.01% or 26,000 shares in its portfolio. Fincl Bank Of Montreal Can holds 31,816 shares. Illinois-based Guggenheim Limited Liability Company has invested 0.02% in Infinera Corporation (NASDAQ:INFN).

Analysts expect Infinera Corporation (NASDAQ:INFN) to report $-0.18 EPS on May, 9 after the close.They anticipate $0.04 EPS change or 18.18 % from last quarter’s $-0.22 EPS. After having $-0.19 EPS previously, Infinera Corporation’s analysts see -5.26 % EPS growth. The stock increased 1.31% or $0.15 during the last trading session, reaching $11.57. About 764,197 shares traded. Infinera Corporation (NASDAQ:INFN) has risen 0.28% since April 22, 2017 and is uptrending. It has underperformed by 11.27% the S&P500.

Infinera Corporation (NASDAQ:INFN) Ratings Coverage

Among 14 analysts covering Infinera (NASDAQ:INFN), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Infinera had 22 analyst reports since October 23, 2017 according to SRatingsIntel. The stock of Infinera Corporation (NASDAQ:INFN) earned “Neutral” rating by Citigroup on Friday, November 10. The firm earned “Outperform” rating on Thursday, February 8 by Northland Capital. B. Riley & Co maintained it with “Buy” rating and $11 target in Thursday, February 8 report. FBR Capital maintained it with “Buy” rating and $11.0 target in Thursday, February 8 report. On Friday, March 9 the stock rating was maintained by Citigroup with “Neutral”. Northland Capital maintained Infinera Corporation (NASDAQ:INFN) on Thursday, November 9 with “Hold” rating. Citigroup maintained Infinera Corporation (NASDAQ:INFN) on Wednesday, January 24 with “Neutral” rating. The firm earned “Buy” rating on Thursday, November 9 by Nomura. The company was downgraded on Thursday, November 9 by M Partners. The rating was maintained by Morgan Stanley on Friday, March 9 with “Equal-Weight”.

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company has market cap of $1.75 billion. 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; and Infinera DTN platform that supports various Ethernet and optical transport network client interfaces for long-haul, subsea, and regional mesh networks. It currently has negative earnings. It also provides Infinera XTM Series carrier-grade packet-optical transport platform that enables high-performance metro networks with service-aware, application-specific capabilities; Infinera XTG Series that is a family of passive optical wavelength-division multiplexing products for metro access applications; and Infinera Cloud Xpress Family multiple platforms that are designed to meet the varying needs of cloud service providers, Internet content providers, Internet exchange service providers, enterprises, and other large-scale data center operators.

Infinera Corporation (NASDAQ:INFN) Institutional Positions Chart

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