EPS for Ubiquiti Networks, Inc. (UBNT) Expected At $0.79

January 13, 2018 - By Dolores Ford

 EPS for Ubiquiti Networks, Inc. (UBNT) Expected At $0.79
Investors sentiment increased to 1.22 in Q3 2017. Its up 0.46, from 0.76 in 2017Q2. It increased, as 22 investors sold Ubiquiti Networks, Inc. shares while 43 reduced holdings. 30 funds opened positions while 49 raised stakes. 25.51 million shares or 3.77% more from 24.58 million shares in 2017Q2 were reported.
Lagoda Mngmt L P has 441,077 shares. Stifel has invested 0.01% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). New Amsterdam Ptnrs Limited Liability Com Ny reported 2.38% stake. Salem Investment Counselors Inc owns 55,642 shares. Hikari Power Ltd stated it has 3,950 shares or 0.03% of all its holdings. Meeder Asset Management holds 28 shares. 15,508 were reported by Intll Grp Incorporated Inc. Contravisory Inv Management holds 0% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 11 shares. State Of Tennessee Treasury Department accumulated 933,563 shares or 0.27% of the stock. Voya Invest Management Llc invested in 11,664 shares or 0% of the stock. Cypress Capital Management Ltd Llc (Wy) stated it has 150 shares or 0.01% of all its holdings. Stevens Management Lp accumulated 0.04% or 18,470 shares. Walleye Trading Ltd Co holds 0.01% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 53,449 shares. Raymond James Finance Advsr has invested 0.01% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Bank & Trust Of Montreal Can owns 37,960 shares.

Analysts expect Ubiquiti Networks, Inc. (NASDAQ:UBNT) to report $0.79 EPS on February, 8.They anticipate $0.08 EPS change or 11.27 % from last quarter’s $0.71 EPS. UBNT’s profit would be $61.50M giving it 23.31 P/E if the $0.79 EPS is correct. After having $0.92 EPS previously, Ubiquiti Networks, Inc.’s analysts see -14.13 % EPS growth. The stock decreased 0.12% or $0.09 during the last trading session, reaching $73.66. About 493,714 shares traded or 47.02% up from the average. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 29.84% since January 13, 2017 and is uptrending. It has outperformed by 13.14% the S&P500.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Ratings Coverage

Among 9 analysts covering Ubiquiti Networks Inc (NASDAQ:UBNT), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Ubiquiti Networks Inc had 26 analyst reports since August 7, 2015 according to SRatingsIntel. As per Friday, August 7, the company rating was maintained by Deutsche Bank. JMP Securities downgraded the shares of UBNT in report on Monday, October 19 to “Mkt Underperform” rating. The firm has “Underperform” rating by Credit Suisse given on Friday, February 10. The company was upgraded on Friday, February 5 by Raymond James. The stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) has “Buy” rating given on Thursday, August 13 by Zacks. The rating was maintained by Deutsche Bank with “Hold” on Monday, August 7. Deutsche Bank maintained Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Friday, August 7. Deutsche Bank has “Hold” rating and $25.0 target. The firm has “Buy” rating given on Friday, May 6 by Wunderlich. Wunderlich maintained Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Friday, November 4. Wunderlich has “Buy” rating and $66 target. BMO Capital Markets downgraded the shares of UBNT in report on Thursday, September 17 to “Underperform” rating.

Ubiquiti Networks, Inc. develops networking technology for service providers, enterprises, and clients worldwide. The company has market cap of $5.73 billion. The companyÂ’s service well-known provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products. It has a 23.41 P/E ratio. The Company’s products and solutions include radios, antennas, software, communications protocols, and management tools to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum.

More notable recent Ubiquiti Networks, Inc. (NASDAQ:UBNT) news were published by: Marketwatch.com which released: “Ubiquiti Networks soars 20% to record, making CEO $600 million richer” on August 03, 2017, also Seekingalpha.com with their article: “7 Reasons Ubiquiti Networks Remains Undervalued” published on August 24, 2017, Seekingalpha.com published: “Ubiquiti Networks: Why It Is Misunderstood By The Market” on September 06, 2017. More interesting news about Ubiquiti Networks, Inc. (NASDAQ:UBNT) were released by: Fool.com and their article: “Time to Get Greedy With Ubiquiti Networks, Inc. Stock” published on December 29, 2017 as well as Fool.com‘s news article titled: “Is Ubiquiti Networks Inc a Millionaire-Maker Stock?” with publication date: November 17, 2017.

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