NeoPhotonics Corporation [NYSE: NPTN] jumped around 0.06 points on Tuesday, while shares priced at $6.64 at the close of the session, up 0.91%.
NeoPhotonics Corporation stock is now -24.72% down from its year-to-date (YTD) trading value. NPTN Stock saw the intraday high of $6.85 and lowest of $6.595 per share. The company’s 52-week high price is 10.34, which means current price is +42.65% above from all time high which was touched on 06/08/20.
Compared to the average trading volume of 1.14M shares, NPTN reached a trading volume of 1252563 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about NeoPhotonics Corporation [NPTN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NPTN shares is $9.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NPTN stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
B. Riley FBR have made an estimate for NeoPhotonics Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 01, 2020. The new note on the price target was released on August 31, 2020, representing the official price target for NeoPhotonics Corporation stock.
The Average True Range (ATR) for NeoPhotonics Corporation is set at 0.30, with the Price to Sales ratio for NPTN stock in the period of the last 12 months amounting to 0.84. The Price to Book ratio for the last quarter was 1.82, with the Price to Cash per share for the same quarter was set at 2.03. Price to Free Cash Flow for NPTN in the course of the last twelve months was 6.86 with Quick ratio for the last quarter at 1.90.
How has NPTN stock performed recently?
NeoPhotonics Corporation [NPTN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.14. With this latest performance, NPTN shares gained by 1.22% in over the last four-week period, additionally sinking by -9.78% over the last 6 months – not to mention a rise of 9.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NPTN stock in for the last two-week period is set at 53.56, with the RSI for the last a single of trading hit 65.00, and the three-weeks RSI is set at 48.51 for NeoPhotonics Corporation [NPTN]. The present Moving Average for the last 50 days of trading for this stock 7.15, while it was recorded at 6.28 for the last single week of trading, and 7.89 for the last 200 days.
NeoPhotonics Corporation [NPTN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and NeoPhotonics Corporation [NPTN] shares currently have an operating margin of -4.26 and a Gross Margin at +24.86. NeoPhotonics Corporation’s Net Margin is presently recorded at -4.79.
Return on Total Capital for NPTN is now -6.91, given the latest momentum, and Return on Invested Capital for the company is -8.00. Return on Equity for this stock declined to -10.66, with Return on Assets sitting at -5.06. When it comes to the capital structure of this company, NeoPhotonics Corporation [NPTN] has a Total Debt to Total Equity ratio set at 38.02. Additionally, NPTN Total Debt to Total Capital is recorded at 27.55, with Total Debt to Total Assets ending up at 18.20. Long-Term Debt to Equity for the company is recorded at 34.82, with the Long-Term Debt to Total Capital now at 25.23.
Reflecting on the efficiency of the workforce at the company, NeoPhotonics Corporation [NPTN] managed to generate an average of -$10,104 per employee. Receivables Turnover for the company is 4.30 with a Total Asset Turnover recorded at a value of 1.06.NeoPhotonics Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.30.
Earnings analysis for NeoPhotonics Corporation [NPTN]
With the latest financial reports released by the company, NeoPhotonics Corporation posted 0.11/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 450.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NPTN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NeoPhotonics Corporation go to 15.00%.
Insider trade positions for NeoPhotonics Corporation [NPTN]
There are presently around $297 million, or 91.40% of NPTN stock, in the hands of institutional investors. The top three institutional holders of NPTN stocks are: RUSSELL INVESTMENTS GROUP, LTD. with ownership of 4,179,499, which is approximately 19.39% of the company’s market cap and around 2.20% of the total institutional ownership; BLACKROCK INC., holding 3,368,451 shares of the stock with an approximate value of $22.37 million in NPTN stocks shares; and VANGUARD GROUP INC, currently with $20.74 million in NPTN stock with ownership of nearly 35.479% of the company’s market capitalization.
Positions in NeoPhotonics Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 117 institutional holders increased their position in NeoPhotonics Corporation [NYSE:NPTN] by around 10,245,116 shares. Additionally, 62 investors decreased positions by around 7,540,637 shares, while 11 investors held positions by with 26,890,263 shares. The mentioned changes placed institutional holdings at 44,676,016 shares, according to the latest SEC report filing. NPTN stock had 52 new institutional investments in for a total of 2,567,050 shares, while 26 institutional investors sold positions of 2,606,190 shares during the same period.