$-0.17 EPS Expected for ADTRAN, Inc. (ADTN)

March 14, 2018 - By Winifred Garcia

 $ 0.17 EPS Expected for ADTRAN, Inc. (ADTN)
Investors sentiment increased to 1.52 in Q3 2017. Its up 0.36, from 1.16 in 2017Q2. It is positive, as 11 investors sold ADTRAN, Inc. shares while 45 reduced holdings. 35 funds opened positions while 50 raised stakes. 42.82 million shares or 3.18% more from 41.50 million shares in 2017Q2 were reported.
Voya Invest Limited Com reported 24,092 shares. Magnetar Limited Co accumulated 10,729 shares. Moreover, Comerica Bank & Trust has 0.01% invested in ADTRAN, Inc. (NASDAQ:ADTN) for 63,596 shares. Geode Cap Limited Liability Corp reported 522,738 shares. Royal Bancshares Of Canada, Ontario – Canada-based fund reported 9,112 shares. Alps holds 0% or 21,051 shares in its portfolio. Deutsche Bancshares Ag owns 298,824 shares. California State Teachers Retirement Sys has invested 0% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN). Ameriprise Fincl holds 0% or 402,723 shares. First Midwest Comml Bank Tru Division invested 0.06% in ADTRAN, Inc. (NASDAQ:ADTN). Barrow Hanley Mewhinney Strauss Ltd Company holds 0.01% or 269,158 shares. Tieton Management Ltd Com holds 5.27% or 255,099 shares in its portfolio. Stifel Fincl invested in 50,000 shares. Principal Finance Inc reported 0.01% in ADTRAN, Inc. (NASDAQ:ADTN). Tci Wealth Advisors stated it has 0% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN).

Since October 20, 2017, it had 0 insider buys, and 2 selling transactions for $1.25 million activity. $211,825 worth of ADTRAN, Inc. (NASDAQ:ADTN) shares were sold by Heering Kevin P..

Analysts expect ADTRAN, Inc. (NASDAQ:ADTN) to report $-0.17 EPS on April, 17.They anticipate $0.32 EPS change or 213.33 % from last quarter’s $0.15 EPS. After having $0.05 EPS previously, ADTRAN, Inc.’s analysts see -440.00 % EPS growth. The stock increased 1.22% or $0.2 during the last trading session, reaching $16.65. About 848,127 shares traded or 38.86% up from the average. ADTRAN, Inc. (NASDAQ:ADTN) has risen 6.95% since March 14, 2017 and is uptrending. It has underperformed by 9.75% the S&P500.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Coverage

Among 10 analysts covering Adtran Inc. (NASDAQ:ADTN), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Adtran Inc. had 32 analyst reports since September 9, 2015 according to SRatingsIntel. The stock of ADTRAN, Inc. (NASDAQ:ADTN) has “Hold” rating given on Tuesday, July 18 by Cowen & Co. The stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Buy” rating by Northland Capital on Wednesday, October 18. The firm has “Buy” rating by Drexel Hamilton given on Monday, January 18. Needham maintained it with “Buy” rating and $22.0 target in Friday, January 12 report. The firm has “Buy” rating given on Friday, January 8 by Stifel Nicolaus. Drexel Hamilton upgraded the stock to “Buy” rating in Friday, January 15 report. The firm earned “Outperform” rating on Monday, October 31 by Northland Capital. The company was maintained on Thursday, January 18 by Northland Capital. On Thursday, January 7 the stock rating was upgraded by M Partners to “Buy”. Jefferies maintained the shares of ADTN in report on Wednesday, January 17 with “Hold” rating.

ADTRAN, Inc. provides networking and communications equipment worldwide. The company has market cap of $806.26 million. The firm operates through two divisions, Network Solutions and Services & Support. It has a 33.98 P/E ratio. It offers access and aggregation solutions, including fiber to the premises and fiber to the node multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; fiber access network elements; optical networking edge aggregation; and IP digital subscriber line access multiplexers.

More important recent ADTRAN, Inc. (NASDAQ:ADTN) news were published by: Businesswire.com which released: “ADTRAN Partners with Coriant to Demo World’s Most Open and Complete SD-Access …” on February 26, 2018, also Gurufocus.com published article titled: “Adtran Inc (ADTN) Files 10-K for the Fiscal Year Ended on December 31, 2017”, Businesswire.com published: “ADTRAN Builds Competitive Broadband Network for EWE TEL” on February 28, 2018. More interesting news about ADTRAN, Inc. (NASDAQ:ADTN) was released by: Businesswire.com and their article: “ADTRAN Teams with Master Agent Telarus to offer ProCloud Subscription Services” with publication date: February 21, 2018.

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