Infinera Corporation [INFN] fell -9.83% so far this year. What now?

Infinera Corporation [NASDAQ: INFN] loss -5.69% on the last trading session, reaching $9.45 price per share at the time. The company report on February 24, 2021 that Infinera Corporation Reports Fourth Quarter and Fiscal Year 2020 Financial Results.

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Infinera Corporation (NASDAQ: INFN) released financial results for its fourth quarter and fiscal year ended December 26, 2020.

GAAP revenue for the quarter was $353.5 million compared to $340.2 million in the third quarter of 2020 and $384.6 million in the fourth quarter of 2019.

Infinera Corporation represents 189.59 million in outstanding shares, while the company has a total market value of $1.78 billion with the latest information. INFN stock price has been found in the range of $9.22 to $9.91.

If compared to the average trading volume of 3.26M shares, INFN reached a trading volume of 5595806 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Infinera Corporation [INFN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INFN shares is $9.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INFN stock is a recommendation set at 2.70. 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.

Citigroup have made an estimate for Infinera Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 21, 2020. The new note on the price target was released on December 21, 2020, representing the official price target for Infinera Corporation stock. Previously, the target price had yet another raise to $12, while Stifel analysts kept a Buy rating on INFN stock. On August 06, 2020, analysts increased their price target for INFN shares from 8 to 10.50.

The Average True Range (ATR) for Infinera Corporation is set at 0.57, with the Price to Sales ratio for INFN stock in the period of the last 12 months amounting to 1.28. The Price to Book ratio for the last quarter was 5.14.

Trading performance analysis for INFN stock

Infinera Corporation [INFN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.34. With this latest performance, INFN shares dropped by -2.48% in over the last four-week period, additionally plugging by 27.27% over the last 6 months – not to mention a rise of 19.92% 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 INFN stock in for the last two-week period is set at 39.73, with the RSI for the last a single of trading hit 32.31, and the three-weeks RSI is set at 44.54 for Infinera Corporation [INFN]. The present Moving Average for the last 50 days of trading for this stock 10.13, while it was recorded at 10.14 for the last single week of trading, and 7.51 for the last 200 days.

Infinera Corporation [INFN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Infinera Corporation [INFN] shares currently have an operating margin of -16.07 and a Gross Margin at +27.49. Infinera Corporation’s Net Margin is presently recorded at -29.77.

Return on Total Capital for INFN is now -20.90, given the latest momentum, and Return on Invested Capital for the company is -39.83. Return on Equity for this stock declined to -70.92, with Return on Assets sitting at -22.55. When it comes to the capital structure of this company, Infinera Corporation [INFN] has a Total Debt to Total Equity ratio set at 114.20. Additionally, INFN Total Debt to Total Capital is recorded at 53.32, with Total Debt to Total Assets ending up at 27.11. Long-Term Debt to Equity for the company is recorded at 100.97, with the Long-Term Debt to Total Capital now at 47.14.

Reflecting on the efficiency of the workforce at the company, Infinera Corporation [INFN] managed to generate an average of -$118,558 per employee. Receivables Turnover for the company is 3.90 with a Total Asset Turnover recorded at a value of 0.76.Infinera Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.90.

Infinera Corporation [INFN]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Infinera Corporation posted -0.27/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -50.00%. 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 INFN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Infinera Corporation go to 5.00%.

An analysis of insider ownership at Infinera Corporation [INFN]

There are presently around $1,769 million, or 96.80% of INFN stock, in the hands of institutional investors. The top three institutional holders of INFN stocks are: FMR LLC with ownership of 28,960,475, which is approximately 3.034% of the company’s market cap and around 0.30% of the total institutional ownership; OAKTREE CAPITAL MANAGEMENT LP, holding 25,175,384 shares of the stock with an approximate value of $237.91 million in INFN stocks shares; and VANGUARD GROUP INC, currently with $152.28 million in INFN stock with ownership of nearly 4.592% of the company’s market capitalization.

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Positions in Infinera Corporation stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 121 institutional holders increased their position in Infinera Corporation [NASDAQ:INFN] by around 26,341,958 shares. Additionally, 71 investors decreased positions by around 13,938,123 shares, while 31 investors held positions by with 146,926,165 shares. The mentioned changes placed institutional holdings at 187,206,246 shares, according to the latest SEC report filing. INFN stock had 57 new institutional investments in for a total of 9,826,807 shares, while 16 institutional investors sold positions of 4,198,047 shares during the same period.

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