Infinera Corp’s (INFN) Stock: A Week-by-Week Analysis

In the past week, INFN stock has gone up by 0.15%, with a monthly decline of -0.15% and a quarterly plunge of -2.80%. The volatility ratio for the week is 0.67%, and the volatility levels for the last 30 days are 0.72% for Infinera Corp The simple moving average for the past 20 days is -0.13% for INFN’s stock, with a 10.93% simple moving average for the past 200 days.

Is It Worth Investing in Infinera Corp (NASDAQ: INFN) Right Now?

The 36-month beta value for INFN is at 1.64. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 10 as “hold,” and 0 as “sell.”

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The public float for INFN is 218.82M, and currently, shorts hold a 12.52% of that float. The average trading volume for INFN on December 20, 2024 was 3.81M shares.

INFN) stock’s latest price update

The stock price of Infinera Corp (NASDAQ: INFN) has surged by 0.61 when compared to previous closing price of 6.56, but the company has seen a 0.15% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-05 that Infinera (INFN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.09 per share a year ago.

Analysts’ Opinion of INFN

Many brokerage firms have already submitted their reports for INFN stocks, with Rosenblatt repeating the rating for INFN by listing it as a “Neutral.” The predicted price for INFN in the upcoming period, according to Rosenblatt is $6.65 based on the research report published on August 05, 2024 of the current year 2024.

Needham, on the other hand, stated in their research note that they expect to see INFN reach a price target of $10. The rating they have provided for INFN stocks is “Buy” according to the report published on April 22nd, 2024.

Stifel gave a rating of “Buy” to INFN, setting the target price at $7 in the report published on September 28th of the previous year.

INFN Trading at -0.96% from the 50-Day Moving Average

After a stumble in the market that brought INFN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.62% of loss for the given period.

Volatility was left at 0.72%, however, over the last 30 days, the volatility rate increased by 0.67%, as shares sank -0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.53% lower at present.

During the last 5 trading sessions, INFN rose by +0.08%, which changed the moving average for the period of 200-days by +35.70% in comparison to the 20-day moving average, which settled at $6.61. In addition, Infinera Corp saw 38.95% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for INFN

Current profitability levels for the company are sitting at:

  • -0.04 for the present operating margin
  • 0.38 for the gross margin

The net margin for Infinera Corp stands at -0.08. The total capital return value is set at -0.06. Equity return is now at value -70.54, with -7.23 for asset returns.

Based on Infinera Corp (INFN), the company’s capital structure generated 0.84 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 5.06. The interest coverage ratio of the stock is -1.53.

Currently, EBITDA for the company is 91.98 million with net debt to EBITDA at -91.22. When we switch over and look at the enterprise to sales, we see a ratio of 1.5. The receivables turnover for the company is 5.06for trailing twelve months and the total asset turnover is 0.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.

Conclusion

In conclusion, Infinera Corp (INFN) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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