NeoPhotonics Corp (NPTN) EPS Estimated At $-0.17

October 8, 2017 - By Linda Rogers

 NeoPhotonics Corp (NPTN) EPS Estimated At $ 0.17
Investors sentiment increased to 1 in 2017 Q2. Its up 0.08, from 0.92 in 2017Q1. It increased, as 34 investors sold NeoPhotonics Corp shares while 23 reduced holdings. 21 funds opened positions while 36 raised stakes. 30.47 million shares or 3.29% more from 29.50 million shares in 2017Q1 were reported.
Ny State Common Retirement Fund holds 0% of its portfolio in NeoPhotonics Corp (NYSE:NPTN) for 28,500 shares. Mutual Of America Capital Ltd Liability Corp reported 212,179 shares or 0.03% of all its holdings. Ubs Asset Mgmt Americas accumulated 10,800 shares. The United Kingdom-based Legal General Gru Public Ltd Company has invested 0% in NeoPhotonics Corp (NYSE:NPTN). Peak6 Invests Limited Partnership reported 65,296 shares stake. Quentec Asset Management Limited Co stated it has 1.93M shares. Granite Point Cap L P invested 0.8% in NeoPhotonics Corp (NYSE:NPTN). Manufacturers Life Insurance The invested in 27,099 shares. The Illinois-based Envestnet Asset Mngmt Incorporated has invested 0% in NeoPhotonics Corp (NYSE:NPTN). California State Teachers Retirement Sys reported 57,242 shares or 0% of all its holdings. Barclays Plc owns 10,574 shares for 0% of their portfolio. Columbus Circle Invsts holds 0% or 37,052 shares. Kennedy Capital owns 599,680 shares. Grp One Trading Limited Partnership reported 7,553 shares or 0% of all its holdings. Alyeska Group Limited Partnership, a Illinois-based fund reported 1.76M shares.

Since May 8, 2017, it had 0 buys, and 6 insider sales for $7.70 million activity. 22,000 shares were sold by Wupen Yuen, worth $185,071. Jenks Timothy Storrs had sold 92,125 shares worth $677,202.

Investors wait NeoPhotonics Corp (NYSE:NPTN) to report on November, 2. its quarterly earnings Wall Street analysts expect $-0.17 earnings per share, down $0.08 or 88.89 % from last year’s $-0.09 same quarter earnings. NeoPhotonics Corp’s Wall Street analysts see -10.53 % EPS growth, taking into account the $-0.19 EPS reproted in the previous quarter, The stock decreased 0.10% or $0.01 on October 6, reaching $4.96. About 2.54 million shares traded or 117.09% up from the average. NeoPhotonics Corp (NYSE:NPTN) has declined 9.58% since October 8, 2016 and is downtrending. It has underperformed by 26.28% the S&P500.

NeoPhotonics Corp (NYSE:NPTN) Ratings Coverage

Among 9 analysts covering NeoPhotonics (NYSE:NPTN), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. NeoPhotonics had 25 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of NeoPhotonics Corp (NYSE:NPTN) has “Strong Buy” rating given on Monday, October 31 by Needham. As per Wednesday, August 2, the company rating was maintained by Cowen & Co. B. Riley & Co downgraded NeoPhotonics Corp (NYSE:NPTN) rating on Friday, August 7. B. Riley & Co has “Neutral” rating and $8.75 target. As per Monday, December 7, the company rating was maintained by Northland Capital. Raymond James maintained the shares of NPTN in report on Thursday, August 24 with “Outperform” rating. Raymond James downgraded the stock to “Outperform” rating in Friday, November 6 report. As per Tuesday, August 18, the company rating was initiated by Northland Capital. The rating was maintained by Northland Capital on Friday, September 15 with “Buy”. The stock of NeoPhotonics Corp (NYSE:NPTN) earned “Mkt Perform” rating by Raymond James on Thursday, October 5. Piper Jaffray maintained NeoPhotonics Corp (NYSE:NPTN) on Friday, August 4 with “Buy” rating.

NeoPhotonics Corporation develops, manufactures and markets optoelectronic products that transmit, receive and switch digital optical signals for communications networks. The company has market cap of $216.45 million. The Firm develops and makes Transmitter Products, Receiver Products and Switch Products that are used in ultra-high speed digital optical communications, high speed switching and provisioning, and access connections for wireless and fiber-to-the-home communications networks. It currently has negative earnings. The Company’s products are categorized into groups, including High Speed Products and Network Products and Solutions.

More news for NeoPhotonics Corp (NYSE:NPTN) were recently published by:, which released: “NeoPhotonics -10.4% amid job cuts, downbeat early Q3 numbers” on October 05, 2017.‘s article titled: “Mid-Afternoon Market Update: Dow Rises Over 100 Points; NeoPhotonics Shares Slide” and published on October 05, 2017 is yet another important article.

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