NeoPhotonics (NPTN) Receiving Somewhat Positive News Coverage, Analysis Finds

News articles about NeoPhotonics (NYSE:NPTN) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. NeoPhotonics earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 45.4382528342577 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern Sentiment’s analysis:

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Shares of NPTN stock opened at $6.25 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.72. The company has a market cap of $274.66, a price-to-earnings ratio of -5.68 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 earnings results on Thursday, March 1st. The semiconductor company reported ($0.27) EPS for the quarter, missing the consensus estimate 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 business’s quarterly revenue was down 30.0% on a year-over-year basis. During the same quarter last year, the business posted $0.13 earnings per share. analysts forecast that NeoPhotonics will post -0.54 EPS for the current year.

A number of analysts recently weighed in on the stock. Northland Securities reiterated a “buy” rating and issued a $10.50 price target on shares of NeoPhotonics in a research report on Monday, March 19th. Needham & Company LLC reiterated a “strong-buy” rating and issued a $9.00 price target (up from $8.00) on shares of NeoPhotonics in a research report on Friday, March 2nd. Zacks Investment Research upgraded shares of NeoPhotonics from a “sell” rating to a “hold” rating in a research report on Wednesday, February 28th. Piper Jaffray downgraded shares of NeoPhotonics from an “overweight” rating to a “neutral” rating in a research report on Monday, January 29th. Finally, ValuEngine upgraded shares of NeoPhotonics from a “sell” rating to a “hold” rating in a research report on Friday, March 9th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $8.92.

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NeoPhotonics Company Profile

NeoPhotonics Corporation develops, manufactures, and sells optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks. It offers high speed products, including transmitter, receiver, and switching products for 100G (gigabits per second) and optical transmission applications over distances of 2 to 2,000 kilometers; optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generate ultra-pure wavelength or color for coherent transmission, as well as coherent micro-modulators, which encode the information on the intensity and phase of the optical beam; and integrated coherent receivers (ICRs) that decode the phase and polarization encoded coherent signals.

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

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