Economy

Earnings Estimates to see: Brocade Communications Systems, Inc. (BRCD)

The portion of a company's profit allocated to each outstanding share of common stock was $1.9 a share in the trailing twelve months. The lower end of the projection is $0.18 per share, while the higher end is $0.39 per share. Bank of New York Mellon Corp now owns 5,433,279 shares of the technology company's stock worth $68,514,000 after buying an additional 227,435 shares in the last quarter. (TSE:ATA) has 0.00% since November 9, 2016 and is. It has underperformed by 25.78% the S&P500. Brocade Communications Sys now has $5.17 billion valuation. Dimensional Fund Advisors LP boosted its stake in shares of Brocade Communications Systems by 7.0% in the second quarter. Winfield reported 110 shares stake. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures. The stock declined 0.20% or $0.02 reaching $12.51 on the news. About 1.24 million shares traded. Brocade Communications Systems, Inc.

Brocade Communications Systems (NASDAQ:BRCD) last posted its earnings results on Monday, November 21st. It has outperformed by 41.77% the S&P500. The company now has an average volume of 8.65 Million. The insider CHENG KEN sold $2.52M.

The consensus analysts recommendation at this point stands at 3.00 for Brocade Communications Systems, Inc.

Among 8 analysts covering CBRE Group (NYSE:CBG), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 15% are positive. This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. See ATS Automation Tooling Systems Inc. (NASDAQ:BRCD) on Friday, August 26 with "Neutral" rating. Stifel Nicolaus maintained it with "Hold" rating and $12.75 target in Tuesday, August 15 report. The firm has "Sector Perform" rating given on Friday, February 3 by RBC Capital Markets. Barclays PLC reduced their target price on Brocade Communications Systems from $10.00 to $9.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 23rd. On Thursday, November 3 the stock rating was downgraded by RBC Capital Markets to "Sector Perform". The stock of Brocade Communications Systems, Inc. Robert W. Baird downgraded Brocade Communications Systems, Inc. (NASDAQ:BRCD) rating on Thursday, July 14. On Monday, November 6 the stock rating was maintained by Bank of America with "Buy". Finally, Wunderlich restated a "hold" rating and set a $11.00 price target (up from $9.00) on shares of Brocade Communications Systems in a research report on Friday, August 26th.

Among 6 analysts covering ATS Automation Tooling Systems Inc. (NASDAQ:BRCD) to report earnings on November, 20. They expect $0.13 earnings per share, down 48.00% or $0.12 from last year's $0.25 per share. This represents a $0.22 dividend on an annualized basis and a yield of 1.77%. Brocade Communications Systems, Inc.

Investors sentiment decreased to 1.1 in 2017 Q2. Its down 0.08, from 0.98 in 2017Q1. 44 funds opened positions while 140 raised stakes. 324.45 million shares or 1.36% more from 320.11 million shares in 2017Q1 were reported. After $-0.05 actual EPS reported by Brocade Communications Systems, Inc. for the previous quarter, Wall Street now forecasts -360.00% EPS growth. (NASDAQ:BRCD). Gsa Capital Prtnrs Llp accumulated 52,932 shares.

Brocade Communications Systems, Inc (Brocade) is a supplier of networking hardware, software and services, including storage area networking (SAN) solutions and Internet protocol (IP) networking solutions for businesses and organizations of various types and sizes. (NASDAQ:BRCD) for 419,359 shares. Icon Advisers holds 0.48% or 190,390 shares. Alliancebernstein Limited Partnership holds 245,477 shares. Rhumbline Advisers holds 0.05% or 559,171 shares. Credit Agricole S A invested 0.01% in Brocade Communications Systems, Inc. Pnc Svcs Gru invested in 0% or 12,603 shares. (NASDAQ:BRCD). Wolverine Asset Mgmt Lc holds 623,905 shares. First Quadrant Limited Partnership Ca, California-based fund reported 36,400 shares. Airain reported 0.72% of its portfolio in Brocade Communications Systems, Inc.

Weiss Asset Management Lp decreased Brocade Communications Sys I (BRCD) stake by 70.36% reported in 2017Q2 SEC filing. CBRE Group Inc (NYSE:CBG) has risen 21.33% since November 9, 2016 and is uptrending.

More important recent Brocade Communications Systems, Inc. (BRCD) is 0.32 percent while its Performance (Week) is 6.73 percent and Performance (month) is at 1.62 percent. More interesting news about Brocade Communications Systems, Inc. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Therefore 36% are positive. ATS Automation Tooling Systems Inc. had 22 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Thursday, August 18 by Paradigm Research. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. The firm has "Buy" rating by Summit Research given on Friday, August 21. The firm earned "Neutral" rating on Wednesday, November 2 by Raymond James.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 4th. Keefe Bruyette & Woods has "Market Perform" rating and $32 target.



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