$0.15 EPS Expected for ADTRAN, Inc. (ADTN)

December 27, 2017 – By Linda Rogers

Investors sentiment increased to 1.52 in Q3 2017. Its up 0.36, from 1.16 in 2017Q2. It increased, as 11 investors sold ADTRAN, Inc. shares while 45 reduced holdings. 35 funds opened positions while 50 raised stakes. 42.82 million shares or 3.18% more from 41.50 million shares in 2017Q2 were reported.
Washington-based Tieton Capital Mgmt Lc has invested 5.27% in ADTRAN, Inc. (NASDAQ:ADTN). Skyline Asset Limited Partnership stated it has 816,100 shares. Leucadia National holds 0.02% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN) for 10,794 shares. 402,723 are held by Ameriprise Financial Incorporated. Boston Limited Liability accumulated 0.02% or 33,245 shares. Morgan Stanley, New York-based fund reported 98,340 shares. Tower Rech Cap Lc (Trc) stated it has 6,521 shares. Fuller & Thaler Asset reported 2.78M shares. Chicago Equity Prns Limited Liability invested in 44,450 shares or 0.03% of the stock. Dean Investment Assoc Limited Co reported 132,210 shares stake. Guggenheim Cap Lc stated it has 0% in ADTRAN, Inc. (NASDAQ:ADTN). State Teachers Retirement Sys holds 0.01% or 148,423 shares in its portfolio. 16,200 were accumulated by Teachers Retirement Systems Of The State Of Kentucky. 7,932 are held by Sg Americas Secs Ltd Liability Corp. Jacobs Levy Equity owns 263,078 shares.

Since October 20, 2017, it had 0 insider buys, and 2 selling transactions for $1.25 million activity. $211,825 worth of stock was sold by Heering Kevin P. on Monday, October 23.

Analysts expect ADTRAN, Inc. (NASDAQ:ADTN) to report $0.15 EPS on January, 16.They anticipate $0.01 EPS change or 6.25 % from last quarter’s $0.16 EPS. ADTN’s profit would be $7.22 million giving it 37.42 P/E if the $0.15 EPS is correct. After having $0.34 EPS previously, ADTRAN, Inc.’s analysts see -55.88 % EPS growth. The stock decreased 0.44% or $0.1 during the last trading session, reaching $22.45. About 103,243 shares traded. ADTRAN, Inc. (NASDAQ:ADTN) has risen 6.95% since December 27, 2016 and is uptrending. It has underperformed by 9.75% the S&P500.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Coverage

Among 9 analysts covering Adtran Inc. (NASDAQ:ADTN), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Adtran Inc. had 26 analyst reports since September 9, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, June 1 with “Hold”. The firm has “Buy” rating given on Friday, January 15 by Drexel Hamilton. Northland Capital initiated the stock with “Outperform” rating in Wednesday, September 30 report. The rating was maintained by Northland Capital on Tuesday, September 5 with “Buy”. The stock of ADTRAN, Inc. (NASDAQ:ADTN) has “Outperform” rating given on Monday, October 31 by Northland Capital. The stock of ADTRAN, Inc. (NASDAQ:ADTN) has “Neutral” rating given on Thursday, October 15 by M Partners. The rating was upgraded by Cowen & Co to “Market Perform” on Thursday, February 4. Northland Capital maintained the shares of ADTN in report on Monday, July 3 with “Buy” rating. The company was upgraded on Monday, January 18 by Drexel Hamilton. Cowen & Co maintained the stock with “Hold” rating in Tuesday, July 18 report.

ADTRAN, Inc. provides networking and communications equipment worldwide. The company has market cap of $1.08 billion. The firm operates through two divisions, Network Solutions and Services & Support. It has a 25.51 P/E ratio. It offers access and aggregation solutions, including fiber to the premises and fiber to the node multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; fiber access network elements; optical networking edge aggregation; and IP digital subscriber line access multiplexers.

More important recent ADTRAN, Inc. (NASDAQ:ADTN) news were published by: Businesswire.com which released: “ADTRAN, Inc. to Release Third Quarter Earnings on October 17, 2017” on October 03, 2017, also Businesswire.com published article titled: “ADTRAN and TIM Leverage SDN/NFV to Advance the Open Network Evolution”, Businesswire.com published: “ADTRAN, Inc. to present at the Needham Networking & Security Conference in New …” on October 31, 2017. More interesting news about ADTRAN, Inc. (NASDAQ:ADTN) was released by: Seekingalpha.com and their article: “Adtran -4.4% after posting mixed Q3 results” with publication date: October 18, 2017.