Ruckus Wireless, Inc. (RKUS)

NYSE - NYSE Delayed Price. Currency in USD
12.870.00 (0.00%)
At close: 4:00 PM EDT
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Prev Close12.87
Bid0.00 x
Ask0.00 x
Day's Range0.00 - 0.00
52wk Range
1y Target EstN/A
Market CapN/A
P/E Ratio (ttm)N/A
Avg Vol (3m)N/A
Dividend & YieldN/A (N/A)
Earnings DateN/A
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  • TheStreet.com20 days ago

    Brocade (BRCD) Stock Up, Receives 'Buy' Rating at DA Davidson

    Brocade (BRCD) stock coverage was started at DA Davidson as the firm sees multiple growth engines.

  • TheStreet.com2 months ago

    Brocade (BRCD) Stock Price Target Raised at BMO Capital

    Brocade's (BRCD) stock price target was increased at BMO Capital after the company's 2016 fiscal third quarter results.

  • Barrons.com2 months ago

    Brocade Tumbles Despite Q3 Earnings Beat, Bulls Scarce

    Brocade Communications (BRCD) is lower Friday, despite its upbeat third-quarter earnings report. Piper Jaffray’s Andrew Nowinski reiterated a Neutral rating but raised his price target $1 to $9: Brocade reported FQ3(Jul) results that were slightly above the high-end of guidance, driven by a strong contribution from Ruckus. However, excluding Ruckus, the Ethernet segment was below expectations, primarily due to weaker than expected US Fed demand. Fibre Channel storage results were in-line with expectations, which was somewhat surprising given the strong demand trends reported by NetApp, Pure Storage and Nimble. While the Ruckus acquisition is performing better than expected and the company has yet to realize any cost synergies, we remain concerned with weak performance in the Storage and IP Ethernet segments.  RBC Capital Markets’ Mitch Steves reiterated a Sector Perform rating on the stock: Brocade reported solid results at $591M/$0.21 vs. street at $567M/$0.17, however we note that the beat was inorganic with Ruckus contributing $78M in the quarter vs. expectations closer to $50-60M.