Analysts See $0.20 EPS for Finisar (FNSR); International Paper Company (IP) Had 8 Analysts Last Week

December 8, 2017 - By Ellis Scott

Among 16 analysts covering International Paper Company (NYSE:IP), 8 have Buy rating, 2 Sell and 6 Hold. Therefore 50% are positive. International Paper Company has $66.0 highest and $42 lowest target. $55.83’s average target is -1.71% below currents $56.8 stock price. International Paper Company had 60 analyst reports since August 4, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, October 19 report. The stock has “Neutral” rating by DA Davidson on Friday, February 3. The rating was maintained by RBC Capital Markets with “Buy” on Friday, September 22. The rating was maintained by Deutsche Bank on Thursday, September 17 with “Hold”. Jefferies maintained the stock with “Buy” rating in Friday, June 2 report. The stock has “Buy” rating by BMO Capital Markets on Friday, June 9. Macquarie Research downgraded the shares of IP in report on Tuesday, October 18 to “Underperform” rating. Macquarie Research initiated it with “Neutral” rating and $43 target in Tuesday, November 10 report. Jefferies maintained the shares of IP in report on Thursday, April 13 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Tuesday, August 15. See International Paper Company (NYSE:IP) latest ratings:

24/11/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0 Maintain
30/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: $50 New Target: $52 Maintain
27/10/2017 Broker: Credit Suisse Rating: Neutral Old Target: $63 New Target: $66 Maintain
24/10/2017 Broker: Stephens Rating: Equal-Weight New Target: $60 Initiates Coverage On
23/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $65.0 Maintain
19/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0 Maintain
22/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $65.0 Maintain
22/09/2017 Broker: Wells Fargo Rating: Buy Maintain
18/09/2017 Broker: Jefferies Rating: Buy New Target: $66.0 Maintain
18/09/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0 Maintain

Analysts expect Finisar Corporation (NASDAQ:FNSR) to report $0.20 EPS on December, 14.They anticipate $0.30 EPS change or 60.00% from last quarter’s $0.5 EPS. FNSR’s profit would be $22.78M giving it 22.56 P/E if the $0.20 EPS is correct. After having $0.28 EPS previously, Finisar Corporation’s analysts see -28.57% EPS growth. The stock increased 3.26% or $0.57 during the last trading session, reaching $18.05. About 6.25 million shares traded or 84.68% up from the average. Finisar Corporation (NASDAQ:FNSR) has risen 53.92% since December 8, 2016 and is uptrending. It has outperformed by 37.22% the S&P500.

Among 16 analysts covering Finisar Corporation (NASDAQ:FNSR), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Finisar Corporation has $44 highest and $13.25 lowest target. $28.04’s average target is 55.35% above currents $18.05 stock price. Finisar Corporation had 62 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Needham on Friday, September 11 with “Buy”. As per Monday, March 13, the company rating was upgraded by Raymond James. As per Friday, September 9, the company rating was upgraded by William Blair. B. Riley & Co maintained the shares of FNSR in report on Friday, March 11 with “Buy” rating. On Friday, June 16 the stock rating was maintained by Dougherty with “Buy”. Northland Capital initiated it with “Market Perform” rating and $15 target in Tuesday, August 18 report. The stock of Finisar Corporation (NASDAQ:FNSR) has “Sector Perform” rating given on Wednesday, September 9 by RBC Capital Markets. On Thursday, August 31 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Barclays Capital with “Overweight” on Friday, September 11. The firm has “Equal-Weight” rating given on Friday, January 8 by Barclays Capital.

Since June 16, 2017, it had 0 buys, and 2 insider sales for $254,325 activity. Stephens Robert had sold 3,015 shares worth $83,365. Shares for $170,960 were sold by Swanson Todd.

Investors sentiment decreased to 1.23 in 2017 Q2. Its down 0.27, from 1.5 in 2017Q1. It turned negative, as 48 investors sold Finisar Corporation shares while 67 reduced holdings. 57 funds opened positions while 84 raised stakes. 94.89 million shares or 13.11% less from 109.21 million shares in 2017Q1 were reported. Lazard Asset Mgmt Ltd Liability has 35,105 shares for 0% of their portfolio. Indiana-based Horizon Investment Lc has invested 0.88% in Finisar Corporation (NASDAQ:FNSR). J Goldman Ltd Partnership owns 64,000 shares or 0.09% of their US portfolio. Century Cap Management Limited Liability Company reported 0.53% in Finisar Corporation (NASDAQ:FNSR). Goelzer Invest Mgmt Inc holds 58,620 shares or 0.19% of its portfolio. Citigroup, New York-based fund reported 73,518 shares. Pacad Inv Ltd owns 5,500 shares. Jacobs Levy Equity Mgmt invested 0.04% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Capital Mgmt Ltd Liability Corporation has 0.39% invested in Finisar Corporation (NASDAQ:FNSR). Vident Investment Advisory Ltd Co reported 0.18% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Moreover, Northwestern Mutual Wealth has 0% invested in Finisar Corporation (NASDAQ:FNSR). Strs Ohio invested in 0.02% or 212,100 shares. Schwab Charles Investment Management has 0.02% invested in Finisar Corporation (NASDAQ:FNSR). 698,222 were accumulated by Aqr Mgmt Ltd Company. Dupont Capital Management Corporation reported 33,142 shares.

Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, China, Malaysia, and internationally. The company has market cap of $2.06 billion. The companyÂ’s optical subsystems primarily include transmitters, receivers, transceivers, transponders, and active optical cables, which provide the fundamental optical-electrical, or optoelectronic interface for interconnecting the electronic equipment used in networks comprising switches, routers, and servers used in wireline networks, as well as antennas and base stations used in wireless networks. It has a 8.49 P/E ratio. It also offers wavelength selective switches that are used to switch network traffic from one optical fiber to various other fibers without converting to an electronic signal.

Investors sentiment increased to 1.03 in 2017 Q2. Its up 0.10, from 0.93 in 2017Q1. It increased, as 63 investors sold International Paper Company shares while 228 reduced holdings. 68 funds opened positions while 233 raised stakes. 338.41 million shares or 0.06% less from 338.61 million shares in 2017Q1 were reported. Tradewinds Capital Ltd Liability Com has invested 0.01% in International Paper Company (NYSE:IP). Dekabank Deutsche Girozentrale holds 0.03% or 66,312 shares in its portfolio. Morgan Stanley has 3.88M shares. Welch Gru Lc has 10,567 shares. The Minnesota-based Us National Bank & Trust De has invested 0.08% in International Paper Company (NYSE:IP). Baker Ellis Asset Management Ltd Liability Com invested in 66,207 shares. Tarbox Family Office Inc has invested 0.34% in International Paper Company (NYSE:IP). Private Tru Na accumulated 0.06% or 5,245 shares. New York State Common Retirement Fund has 0.08% invested in International Paper Company (NYSE:IP) for 1.07 million shares. Dreman Value Management L L C accumulated 11,892 shares. Blackrock holds 0.12% or 38.83 million shares in its portfolio. Wellington Shields & Communication Ltd reported 0.15% stake. 5,960 are owned by Homrich Berg. Burney Commerce accumulated 101,543 shares. Balyasny Asset Management Limited Liability stated it has 1.13 million shares.

It closed at $56.8 lastly. It is down 26.95% since December 8, 2016 and is uptrending. It has outperformed by 10.25% the S&P500.

International Paper Company operates as a paper and packaging firm in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company has market cap of $23.45 billion. The firm operates through four divisions: Industrial Packaging, Global Cellulose Fibers, Printing Papers, and Consumer Packaging. It has a 26.18 P/E ratio. The Industrial Packaging segment makes containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.