|Bid||43.22 x 800|
|Ask||43.22 x 800|
|Day's Range||42.95 - 43.49|
|52 Week Range||25.19 - 46.23|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||34.45|
|Earnings Date||Aug 28, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.89|
Continued weakness within the cloud and service provider verticals, and decline in average selling price are likely to take a heavy toll on Juniper's (JNPR) Q2 financial performance.
AT&T (T) is likely to record higher operating income from the Communications segment that generates the lion's share of total revenues.
AT&T (T) is likely to record soft Q2 performance in the WarnerMedia segment that generates a significant share of total revenues.
Telecom gear supplier Ciena is the IBD Stock Of The Day. Ciena is trading near an 11-year high after the Cisco Systems acquisition of Acacia Communications raised the profile of its peers.
Mike Cintolo chose Ciena (CIEN) as a favorite speculative idea for 2019 in his growth oriented advisory service Cabot Top Ten Trader. The stock has since risen 21%. Here's his latest update on the tech firm.
Bank of America's Tal Liani maintained a Buy rating on Cisco with an unchanged $62 price target. Cisco offered to acquire Acacia for $2.6 billion in what looks like a "defensive and offensive move," Liani said in a Wednesday note. On the offensive side, the deal will expand Cisco's switches and routers through adding new use cases and target markets, the analyst said.
Jefferies analyst George Notter wrote Wednesday that Ciena Corp. looks to be the "primary beneficiary" of market-share consolidation in the optical-systems industry, following Cisco Systems Inc.'s announcement that it would be purchasing Acacia Communications Inc. in a deal valued at $2.6 billion. Notter wrote that optical innovation is happening more rapidly, requiring larger research-and-development budgets. "As such, smaller optical suppliers will increasingly struggle to keep up with vendors such as Ciena and Nokia which have sizable R&D budgets, own their core technology, and operate in scaled business models," he wrote. "We view Ciena as having reached an 'escape velocity' relative to the rest of the industry." Notter doesn't expect that Ciena is worried about the Acacia deal because Ciena's roadmap looks to be ahead of Acacia's by at least a year. Ciena shares have gained 28% so far this year, while the S&P 500 has risen 19%.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Cisco's $2.6 billion deal for Acacia Communications will leave Ciena the "prime beneficiary" of optical-systems industry consolidation, Jefferies analyst George Notter contends.
Mettler-Toledo (MTD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.