Press coverage about Finisar (NASDAQ:FNSR) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Finisar earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.671017750774 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Investors watching summary on Finisar Corporation (FNSR) – Wall Street Morning (wallstreetmorning.com)
- Finisar (FNSR) Rating Lowered to Buy at Needham & Company LLC (americanbankingnews.com)
- Finisar (FNSR) & Cisco Systems (CSCO) Financial Comparison (americanbankingnews.com)
- Finisar Corporation (FNSR) Expected to Earn Q1 2019 Earnings of $0.28 Per Share (americanbankingnews.com)
- Finisar (FNSR) Upgraded to “Hold” by Zacks Investment Research (americanbankingnews.com)
Shares of Finisar (NASDAQ:FNSR) opened at $18.11 on Tuesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 6.24 and a current ratio of 7.66. The firm has a market capitalization of $2,060.00, a P/E ratio of 11.53, a price-to-earnings-growth ratio of 1.35 and a beta of 1.14. Finisar has a 1-year low of $17.80 and a 1-year high of $36.85.
FNSR has been the topic of a number of recent analyst reports. DA Davidson reiterated a “buy” rating and issued a $40.00 price objective on shares of Finisar in a research note on Thursday, September 7th. ValuEngine lowered Finisar from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Piper Jaffray Companies reiterated a “buy” rating and issued a $30.00 price objective (down from $32.00) on shares of Finisar in a research note on Tuesday, September 5th. Northland Securities set a $40.00 target price on Finisar and gave the stock a “buy” rating in a research report on Tuesday, August 29th. Finally, TheStreet downgraded Finisar from a “b” rating to a “c+” rating in a research report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Finisar presently has a consensus rating of “Buy” and a consensus target price of $30.75.
In other Finisar news, Director Roger C. Ferguson sold 2,726 shares of Finisar stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of $21.46, for a total transaction of $58,499.96. Following the sale, the director now directly owns 44,034 shares of the company’s stock, valued at $944,969.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Jerry S. Rawls sold 20,000 shares of Finisar stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $22.89, for a total value of $457,800.00. The disclosure for this sale can be found here. 1.02% of the stock is currently owned by insiders.
COPYRIGHT VIOLATION NOTICE: This piece of content was published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/12/05/finisar-fnsr-receives-daily-news-impact-rating-of-0-14.html.
Finisar Company Profile
Finisar Corporation (Finisar) is a provider of optical subsystems and components that are used in data communication and telecommunication applications. The Company’s optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks.
What are top analysts saying about Finisar Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Finisar Corporation and related companies.