Sonus Networks Sees FY17 Results In Line With Estimates
Feb 17 2017 by Joanne Wise
Whether a company misses or beats analyst estimates, the earnings report may guide short-term stock price movemments. DA Davidson analyst M. Kelleher now forecasts that the brokerage will post earnings of ($0.15) per share for the year, down from their prior forecast of ($0.09). The resulting difference was $0 creating a surprise factor of 0%.
At the moment 8 analysts are watching Sonus Networks, Inc. The stock now shows its YTD (Year to Date) performance of -0.16 percent while its Weekly performance value is -2.63%. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 3 analysts of Thomson Reuters, 15 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. 4 reported the company as a "Hold". This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. Analysts mean target price for Sonus Networks, Inc.
Sonus Networks (NASDAQ:SONS) last issued its earnings results on Wednesday, February 15th. The biggest holder now is Dr. Hassan M. Ahmed, PhD who owns 6,268,769 shares (12.68% of those outstanding), whilst Rubin Gruber holds 3,102,860 (6.28% of shares outstanding) and Dr. Richard N. Nottenburg, PhD holds 1,630,940 (3.30% of shares outstanding). The stock is showing its Operating Margin of -2.6 percent. The Return on Investment (ROI) is at -14.8% while it's Return on Equity (ROE) value stands at -3%.
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Taking a glance at past performance, we will examine different up or down moving trends about SONS. AQR Capital Management LLC now owns 1,057,219 shares of the company's stock valued at $6,660,000 after buying an additional 416,275 shares during the last quarter. The stock went up 1.45% at some stage in past quarter. Sonus Networks has a one year low of $5.16 and a one year high of $10.00.
Sonus Networks, Inc. (NASDAQ:SONS) diluted EPS from parent entity came at $-0.6436 for the year ended 2015-12-31.
DA Davidson downgraded shares of Sonus Networks, Inc. Developed by J. Welles Wilder, ATR is an indicator that measures volatility. For the quarter ended 2015-12-31, this figure was $-0.6436. It may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. Barrington Research Upgrades Sonus Networks, Inc. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. (NASDAQ:SONS)'s stock to Underperform with no specific Price Target. The highest target is now $8 and the most conservative target sees the stock hitting $4 within the year. Its price to free cash flow for trailing twelve months is 13.08 and Current ratio for most recent quarter of 2.40.