Analysts See $0.13 EPS for Brocade Communications Systems, Inc

15 November, 2017, 11:19 | Author: Regina Silva

The company operates in the Technology sector with a market capitalization of 5.2 Million. It is 0.00% or $0 reaching $12.62 per share. About 6.60M shares traded.

BRCD has been the topic of a number of research analyst reports. It has outperformed by 41.77% the S&P500. Short shares increased 897,368 over that period. BNCL's SI was 1.40 million shares in November as released by FINRA. Yakira Cap Mngmt Incorporated holds 137,759 shares or 0.52% of its portfolio. Next year this growth will reach 61.11% to attain $0.58.

About 403,920 shares traded. (NASDAQ:BRCD) has risen 58.47% since November 14, 2016 and is uptrending. It has underperformed by 17.61% the S&P500.

Investors sentiment increased to 1.78 in Q2 2017. Its weekly and monthly volatility is 0.62%, 1.76% respectively. Esperion Therapeutics Inc (Call) was reduced too. 21 funds opened positions while 34 raised stakes. Natixis reported 39,394 shares. During the same quarter in the prior year, the company earned $0.21 earnings per share. 54 are owned by Hudock Cap Limited. RBC Capital Markets maintained the shares of BRCD in report on Friday, June 9 with "Hold" rating. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 2,367 shares. Voya Investment Management Ltd Co has 113,731 shares. (NASDAQ:BRCD) or 1.72M shares. Indexiq Advsr Llc holds 442,143 shares or 0.27% of its portfolio. Ubs Asset Americas invested in 0% or 330,128 shares. (NASDAQ:BNCL). Millennium Mgmt Lc stated it has 436,147 shares. Weaver C Barksdale And Assocs Inc stated it has 979 shares. Delta Asset Limited Liability Company Tn holds 1,000 shares or 0% of its portfolio. Livforsakringsbolaget Skandia Omsesidigt holds 88,500 shares or 0.1% of its portfolio. Millennium Ltd Liability Com reported 0.05% stake. (NASDAQ:BNCL) has "Hold" rating given on Monday, April 25 by Sandler O'Neill. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. Therefore 0 are positive. Agrium Inc. had 74 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Beneficial Bancorp, Inc. (NASDAQ:BRCD) earned "Neutral" rating by Goldman Sachs on Friday, May 20. The stock has a consensus rating of "Hold" and a consensus price target of $12.83. Macquarie Group Ltd controls 1,086,216 shares with a value of $12,980,000. It also upped Oshkosh Corp (NYSE:OSK) stake by 7,132 shares and now owns 7,520 shares.

Brocade Communications Systems, Inc. delivers industry-leading platforms, solutions, and services for intelligently connecting, managing, and optimizing IT resources in shared storage environments. Therefore 21% are positive. Zacks Investment Research lowered shares of Brocade Communications Systems from a "buy" rating to a "hold" rating in a research note on Tuesday, July 25th. The company was maintained on Friday, August 26 by UBS. Robert W. Baird maintained Brocade Communications Systems, Inc. (NASDAQ:BRCD) has "Hold" rating given on Tuesday, August 15 by Stifel Nicolaus. The rating was maintained by Citigroup on Monday, August 22 with "Neutral". The firm has "Buy" rating given on Thursday, February 18 by Wunderlich. The stock has "Market Perform" rating by Raymond James on Wednesday, September 23. Of the 14 analysts surveyed by Reuters that track OLN 5 of them rate its stock a hold. The firm earned "Buy" rating on Friday, August 7 by Citigroup.

On September 29 Robert W. Baird held the company rating at "Hold" projecting a price of $13.00.

How Does Morgan Stanley (MS) Stack Up Right Now?
Finally, Oppenheimer Holdings, Inc. reaffirmed a "hold" rating on shares of Morgan Stanley in a report on Tuesday, October 17th. Morgan Stanley (MS) is an interesting player in the Financial space, with a focus on Investment Brokerage - National.


Trump meets Australian, Japanese leaders to talk about China, North Korea
His flight left more than 30 minutes earlier than planned and he also missed a group photo with other world leaders. Under the terms being discussed, the United States could re-enter the pact in the future.


Media companies hit with bribery claims at Federation Internationale de Football Association corruption trial
The companies, which were not charged by USA prosecutors in the case, did not immediately respond to requests for comment. After Qatar came up short in the first rounds of voting, Grondona and Teixeira cornered Leoz in a restroom, Burzaco said.


Analysts await Brocade Communications Systems, Inc. (NASDAQ:BRCD). 74,154 were reported by Utah Retirement Sys. As of the last earnings report the EPS was $0.07 with 413.82M shares now outstanding. After $-0.05 actual EPS reported by Brocade Communications Systems, Inc. for the previous quarter, Wall Street now forecasts -360.00% EPS growth.

Investors sentiment decreased to 0.82 in 2017 Q2. Its up 0.90, from 0.88 in 2017Q1. It fall, as 36 investors sold BRCD shares while 76 reduced holdings.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Longfellow Investment Management Co Llc, a Massachusetts-based fund reported 1.29 million shares. Ifrah Fin Inc holds 16,142 shares. Gideon Capital Advsrs reported 0.24% of its portfolio in Brocade Communications Systems, Inc. (NASDAQ:BRCD) for 31,000 shares.

Public Employees Retirement System of OH raised its position in shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD). Manufacturers Life Insurance The invested in 0.01% or 601,806 shares.

Shares of Level 3 Communications, Inc. State Board Of Administration Of Florida Retirement System has invested 0.02% in Brocade Communications Systems, Inc. Whittier Trust Communications owns 191 shares. Moreover, Capital Returns Management Llc has 10.53% invested in the company for 707,980 shares. Bank of America initiated Brocade Communications Systems, Inc. (NASDAQ:BRCD). Envestnet Asset Management Inc invested 0% of its portfolio in Brocade Communications Systems, Inc. (NASDAQ:BRCD) are $12.04 and $12.39.

Recommended:



Popular

10-year-old unlocks his mum's iPhone with Face ID
According to Macrumors , the younger Malik was consistently able to unlock his mother's iPhone X without any failure. Reports says that the boy was able to unlock the phone because he picked up the phone for the first time.

'No indication' Saudi coalition reopening Yemen ports
In March 2015, the Saudi-led coalition of mostly Persian Gulf countries launched airstrikes against the Houthis at Hadi's request. However, Mr McGoldrick said there was "no indication" yet of the blockade being lifted.

Olly Murs and Melanie Skyes are dating
A showbiz source revealed last night: "Mel loves a younger man and really fell for Olly when he got into shape late a year ago ". They went on to explain that the showbiz pair had been texting for a while, before it became "saucy".

Flipkart's awkwardly-named Billion Capture+ is now up for sale in India
Connectivity options on the smartphone includes a USB Type-C port that also supports an unspecified Quick Charge standard. The cheaper variant of the 'Billion Capture Plus' is priced at Rs 10,999 and comes with 3 GB RAM and 32 GB storage.

Short Interest in Callon Petroleum Company (CPE) Decreases By 7.1%
D E Shaw And holds 0% in Callon Petroleum Company (NYSE: CPE ) or 135,185 shares. 291,018 are held by Nationwide Fund Advsr. KeyBanc Capital Markets maintained Callon Petroleum Company (NYSE: CPE ) on Monday, September 18 with "Buy" rating.

Same-sex marriage bill introduced to Parliament
Senator Brandis added that the amendment was not, nor was there, a government position on the matter. Should the vote go that way, Smith is prepared to introduce his marriage equality bill immediately.

Airbus in $40bn deal to sell 430 A320s to USA firm
To put it in perspective, a single airline with 430 planes would rank among the 10 largest carriers on the planet. It will also allow Airbus to overtake Boeing, with a total of 718 orders against its American rival's 605.

PH, New Zealand forge ties on education
Ardern also praised Romeo Udanga whom she said did a "phenomenal job" during last year's election in New Zealand. Duterte, in response, told Ardern that this was the first time he has heard of the news.

China sending envoy to North Korea after Trump's Beijing visit
Song Tao, the head of Beijing's International Department, will head to the North on Friday, Xinhua news agency said. Mr Kim has never visited China, and Mr Xi has not visited North Korea since he became president.

Deal or No Deal for Broadcom and Qualcomm?
With a range of potential strategies available, it seems the one tactic Broadcom isn't trying-at least for now-is simply walking away from a deal.