ADTRAN, Inc. (ADTN) EPS Estimated At $-0.29

June 20, 2018 - By Duane Lopez

ADTRAN, Inc. (NASDAQ:ADTN) LogoInvestors sentiment decreased to 1.01 in Q1 2018. Its down 0.09, from 1.1 in 2017Q4. It turned negative, as 33 investors sold ADTRAN, Inc. shares while 42 reduced holdings. 26 funds opened positions while 50 raised stakes. 44.27 million shares or 5.24% more from 42.06 million shares in 2017Q4 were reported.
40,000 were accumulated by Stifel Financial Corp. Piedmont Advisors Lc holds 0% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN) for 10,350 shares. Fuller Thaler Asset, a California-based fund reported 2.78 million shares. Blackrock stated it has 0% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN). Virginia Retirement System Et Al reported 22,900 shares. Northern Tru Corp reported 1.03 million shares. Pnc Financial Services accumulated 1,362 shares or 0% of the stock. Sei owns 14 shares or 0% of their US portfolio. Invesco Ltd owns 262,066 shares or 0% of their US portfolio. California Employees Retirement Sys has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Engineers Gate Manager L P invested in 0.06% or 61,001 shares. Texas Permanent School Fund has invested 0.01% in ADTRAN, Inc. (NASDAQ:ADTN). Horrell Mgmt Inc reported 0.01% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN). Victory Mgmt reported 3.05M shares. 217,822 were accumulated by Parametric Associate Ltd Limited Liability Company.

Analysts expect ADTRAN, Inc. (NASDAQ:ADTN) to report $-0.29 EPS on July, 17.They anticipate $0.56 EPS change or 207.41 % from last quarter’s $0.27 EPS. After having $-0.32 EPS previously, ADTRAN, Inc.’s analysts see -9.38 % EPS growth. The stock decreased 0.16% or $0.03 during the last trading session, reaching $15.27. About 80,482 shares traded. ADTRAN, Inc. (NASDAQ:ADTN) has declined 23.60% since June 20, 2017 and is downtrending. It has underperformed by 36.17% the S&P500.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Coverage

Among 7 analysts covering Adtran (NASDAQ:ADTN), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Adtran had 11 analyst reports since December 29, 2017 according to SRatingsIntel. The stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Neutral” rating by Goldman Sachs on Tuesday, January 16. The rating was downgraded by Argus Research to “Hold” on Thursday, April 19. The stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Buy” rating by Northland Capital on Thursday, January 18. The firm has “Hold” rating by Jefferies given on Wednesday, January 17. The firm earned “Buy” rating on Wednesday, April 18 by Northland Capital. The stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Hold” rating by Cowen & Co on Thursday, April 19. The firm earned “Hold” rating on Thursday, April 19 by Jefferies. Needham maintained the shares of ADTN in report on Friday, January 12 with “Buy” rating. Needham maintained the shares of ADTN in report on Wednesday, April 18 with “Buy” rating. The rating was maintained by Cowen & Co on Friday, December 29 with “Hold”.

ADTRAN, Inc. provides networking and communications equipment worldwide. The company has market cap of $731.89 million. The firm operates through two divisions, Network Solutions and Services & Support. It has a 115.72 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 news for ADTRAN, Inc. (NASDAQ:ADTN) were recently published by: Nasdaq.com, which released: “Report: Developing Opportunities within Spartan Motors, Ultragenyx Pharmaceutical, Advanced Energy Industries …” on June 19, 2018. Businesswire.com‘s article titled: “ADTRAN Partners with Open Networking Foundation (ONF) in Reimagined Strategic Plan” and published on June 19, 2018 is yet another important article.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: