News coverage about NeoPhotonics (NYSE:NPTN) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. NeoPhotonics earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 46.7993997895324 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Under Analysts Radar: Neophotonics Corp (NPTN) – ExpertGazette (expertgazette.com)
- NeoPhotonics Corporation, (NYSE: NPTN) – Hot Mover to Watch – Stock Watch (stocksnewstimes.com)
- Hot Stock Analysis – NeoPhotonics Corporation (NYSE: NPTN) – Stocks Pen (stockspen.com)
- NeoPhotonics to Demonstrate at OFC a 64 Gbaud Coherent Optical … – PR Newswire (press release) (prnewswire.com)
- NeoPhotonics (NPTN) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
NPTN has been the topic of a number of research reports. B. Riley reiterated a “neutral” rating and issued a $5.75 price target (up previously from $5.00) on shares of NeoPhotonics in a research note on Friday, March 2nd. Zacks Investment Research lowered shares of NeoPhotonics from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. DA Davidson set a $7.00 price target on shares of NeoPhotonics and gave the company a “hold” rating in a research note on Thursday, December 7th. Rosenblatt Securities set a $13.00 price target on shares of NeoPhotonics and gave the company a “buy” rating in a research note on Saturday. Finally, ValuEngine upgraded shares of NeoPhotonics from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $8.86.
NeoPhotonics (NYSE:NPTN) last posted its quarterly earnings data on Thursday, March 1st. The semiconductor company reported ($0.27) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.05). The business had revenue of $76.90 million during the quarter, compared to the consensus estimate of $72.15 million. NeoPhotonics had a negative net margin of 18.21% and a negative return on equity of 22.06%. The business’s revenue for the quarter was down 30.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 EPS. equities research analysts expect that NeoPhotonics will post -0.54 earnings per share for the current fiscal year.
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NeoPhotonics Corporation develops, manufactures and markets optoelectronic products that transmit, receive and switch digital optical signals for communications networks. The Company develops and manufactures 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.
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