Anticipated $-0.29 EPS for ADTRAN, Inc. (ADTN) on July, 17

June 27, 2018 - By Ronnie Lemelle

ADTRAN, Inc. (NASDAQ:ADTN) Corporate Logo
Big Money Sentiment decreased to 1.01 in 2018 Q1. It has change of 0.09, from 2017Q4’s 1.1. The ratio worsened due to ADTRAN, Inc. positioning: 33 sold and 42 reduced. 26 funds bought positions and 50 increased positions. Investors holded 42.06 million in 2017Q4 but now own 44.27 million shares or 5.24% more.
Walleye Trading Lc has invested 0.01% of its capital in ADTRAN, Inc. (NASDAQ:ADTN). Alliancebernstein Lp, a New York-based fund reported 66,659 shs. Great Lakes Advsrs Limited Liability Com reported 0.06% in ADTRAN, Inc. (NASDAQ:ADTN). Virginia Retirement Et Al invested in 0% or 22,900 shs. Blackrock Inc reported 0% stake. Sg Americas Secs Ltd owns 0% invested in ADTRAN, Inc. (NASDAQ:ADTN) for 7,860 shs. 57,672 are owned by Jennison Ltd Liability Corporation. Riverhead Capital Management Limited Co owns 5,464 shs. Homrich Berg invested in 14,235 shs. Van Berkom Associate accumulated 2.07M shs or 0.98% of the stock. Tieton Cap Mgmt Llc owns 222,759 shs for 3.18% of their capital. State Of Tennessee Treasury Department holds 0% in ADTRAN, Inc. (NASDAQ:ADTN) or 34,318 shs. Swiss Natl Bank reported 83,300 shs. Horrell Capital Management invested 0.01% of its capital in ADTRAN, Inc. (NASDAQ:ADTN). Tci Wealth Advisors holds 35 shs.

ADTRAN, Inc. (NASDAQ:ADTN) is expected to report earnings on July, 17., Zacks reports. earnings per share of $-0.29 is 207.41 % down from 2017’s $0.27 EPS. Last quarter $-0.32 earnings per share was reported. Analysts sees -9.38 % EPS growth this quarter. ADTN is touching $14.5 during the last trading session, after increased 1.40%.ADTRAN, Inc. has volume of 177,125 shares. Since June 27, 2017 ADTN has declined 23.60% and is downtrending. ADTN underperformed by 36.17% the S&P500.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Coverage

In total 7 analysts cover Adtran (NASDAQ:ADTN). “Buy” rating has 3, “Sell” are 0, while 4 are “Hold”. (NASDAQ:ADTN) has 43% bullish analysts. 11 are the (NASDAQ:ADTN)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the stock of ADTRAN, Inc. (NASDAQ:ADTN) has “Neutral” rating given by Goldman Sachs. On Friday, January 12 Needham maintained the shares of ADTN in report with “Buy” rating. On Thursday, April 19 the stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Hold” rating by Jefferies. The company rating was maintained by Northland Capital on Thursday, January 18. On Wednesday, April 18 Northland Capital maintained the shares of ADTN in report with “Buy” rating. On Thursday, April 19 Argus Research downgraded the shares of ADTN in report to “Hold” rating. On Wednesday, January 17 the firm has “Hold” rating by Jefferies given. On Friday, December 29 the firm has “Hold” rating by Cowen & Co given. In Wednesday, April 18 report Needham maintained the stock with “Buy” rating. On Thursday, April 19 the rating was maintained by Cowen & Co with “Hold”.

ADTRAN, Inc. provides networking and communications equipment worldwide.The firm is valued at $694.76 million. The firm operates through two divisions, Network Solutions and Services & Support.109.85 is the 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.

Another two news for ADTRAN, Inc. (NASDAQ:ADTN) were briefly brought out by: Globenewswire.com on June 19, 2018 with title “Report: Developing Opportunities within Spartan Motors, Ultragenyx Pharmaceutical, Advanced Energy Industries …”. The other Seekingalpha.com‘s article was titled “Lumentum up, Infinera down as Goldman analyst covers opticals” and brought out on June 21, 2018.

ADTRAN, Inc. (NASDAQ:ADTN) Analyst Ratings Chart

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