NeoPhotonics (NPTN) Earns Daily News Sentiment Score of 0.14

News coverage about NeoPhotonics (NYSE:NPTN) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NeoPhotonics earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 46.7993997895324 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news stories that may have effected Accern Sentiment’s analysis:

NYSE:NPTN traded down $0.08 during trading hours on Thursday, reaching $6.37. 647,800 shares of the stock were exchanged, compared to its average volume of 930,131. The company has a quick ratio of 1.28, a current ratio of 1.72 and a debt-to-equity ratio of 0.21. The company has a market cap of $273.78, a PE ratio of -5.79 and a beta of 0.91. NeoPhotonics has a 52 week low of $4.56 and a 52 week high of $9.78.

NeoPhotonics (NYSE:NPTN) last announced its quarterly earnings results on Thursday, March 1st. The semiconductor company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.05). The company had revenue of $76.90 million for the quarter, compared to analyst estimates of $72.15 million. NeoPhotonics had a negative return on equity of 22.53% and a negative net margin of 18.21%. The firm’s revenue for the quarter was down 30.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 earnings per share. sell-side analysts expect that NeoPhotonics will post -0.54 EPS for the current fiscal year.

A number of research analysts recently commented on NPTN shares. Rosenblatt Securities set a $13.00 price target on NeoPhotonics and gave the company a “buy” rating in a report on Sunday, February 25th. Piper Jaffray downgraded NeoPhotonics from an “overweight” rating to a “neutral” rating in a report on Monday, January 29th. DA Davidson increased their target price on NeoPhotonics to $6.50 and gave the stock a “neutral” rating in a report on Wednesday, December 6th. Zacks Investment Research raised NeoPhotonics from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th. Finally, ValuEngine raised NeoPhotonics from a “sell” rating to a “hold” rating in a report on Friday, March 9th. 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 assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $8.92.

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NeoPhotonics Company Profile

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.

Insider Buying and Selling by Quarter for NeoPhotonics (NYSE:NPTN)

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