Analyst Outlook: Finisar Corporation (NASDAQ:FNSR)


Finisar Corporation (NASDAQ:FNSR) ended its last trade at $28.22 with the move of +0.46%. The company has market value of $3.11B with the total traded volume of 4.51 million. The stock currently has its 52-Week top value of $29.25 and 52-week down value of $10.66. The price to book (P/B) ratio of the company is 2.59. Its previous closing price was recorded at $28.09.

Currently Finisar Corporation (FNSR) captured an average recommendation of “ Overweight ” from analysts, according to FactSet data. The stock has been suggested as “Buy” from “7″ Analysts”. “0” rated “Sell” for the company. “4” said the company as a “Hold”. Overweight rating was given by “1” and Underweight rating was given by “0”.

Analysts are expecting that the company to achieve $29.93 Price Target in next 52-weeks, average price is come up through the consensus of analysts. High potential price target is set at $35.00 however minimum price target advised by analysts is $24.00. The Median price target for the stock is measured at $31.00.

Presently, Analysts decided consensus EPS estimate of $0.46 for present quarter and one month ago projected EPS estimate was at $0.32. If we take a look at back 3 month ago, consensus EPS estimate was $0.30.

A current consensus EPS estimate for next quarter is at $0.47 and 3 month ago EPS forecast was $0.32. Have a look at back 1 month ago, consensus EPS forecast was seen at $0.34.

For current fiscal year, most recent EPS estimate is set at $1.73 based on Analyst consensus and three month ago consensus EPS opinions was at $1.18. During period one month ago, consensus EPS forecast was decided at $1.29.

A current consensus EPS projection for next fiscal year is observed at $1.94 and one month ago consensus EPS forecast was at $1.48. Take a look at back three month ago, consensus EPS estimate opinions was decided at $1.47 by analysts.

One Month ago, the stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. 4 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 1. 7 advised the “Hold” rating about this stock. 0 revealed “Sell” signal and “Underweight” rating was declared by 0.

Three Months Ago, Analysts recommended an average brokerage rating of Overweight derived from brokerage firms, according to FactSet. 4 said a “Buy Rating” and 1 announced “Overweight Rating”. 7 advised “Hold Rating” regarding the stock. 0 announced “Sell Rating” and 0 disclosed “Underweight Rating”.

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