Analysts See $0.03 EPS for Summer Infant, Inc. (SUMR)

October 13, 2017 - By Adrian Erickson

 Analysts See $0.03 EPS for Summer Infant, Inc. (SUMR)
Investors sentiment decreased to 1.5 in 2017 Q2. Its down 0.70, from 2.2 in 2017Q1. It dived, as 4 investors sold Summer Infant, Inc. shares while 4 reduced holdings. 5 funds opened positions while 7 raised stakes. 8.84 million shares or 4.52% less from 9.25 million shares in 2017Q1 were reported.
Moreover, Kennedy Capital has 0% invested in Summer Infant, Inc. (NASDAQ:SUMR). Renaissance Lc reported 0% of its portfolio in Summer Infant, Inc. (NASDAQ:SUMR). Grt Cap Prtn Llc holds 50,631 shares. Price T Rowe Md reported 0% in Summer Infant, Inc. (NASDAQ:SUMR). Blackrock owns 37,940 shares for 0% of their portfolio. Ancora Ltd Liability Co stated it has 200,000 shares or 0.02% of all its holdings. Quantum Mgmt owns 26,800 shares. Goldman Sachs invested 0% in Summer Infant, Inc. (NASDAQ:SUMR). Moreover, Wynnefield Capital has 3.78% invested in Summer Infant, Inc. (NASDAQ:SUMR). Geode Cap Mngmt Ltd Liability Corp holds 0% of its portfolio in Summer Infant, Inc. (NASDAQ:SUMR) for 71,771 shares. Paradigm Capital Mgmt Incorporated Ny has 0.02% invested in Summer Infant, Inc. (NASDAQ:SUMR) for 105,000 shares. The New York-based Morgan Stanley has invested 0% in Summer Infant, Inc. (NASDAQ:SUMR). Deutsche Bancorp Ag stated it has 0% in Summer Infant, Inc. (NASDAQ:SUMR). Vanguard Gru holds 0% or 299,008 shares. Commonwealth Equity Ser Incorporated accumulated 44,676 shares.

Since May 10, 2017, it had 4 buys, and 0 selling transactions for $807,886 activity. The insider MUSTACCHI ALAN bought $18,991. ZELKOWICZ STEPHEN bought $26,290 worth of stock or 15,500 shares. MESSNER MARK had bought 10,000 shares worth $17,500 on Wednesday, May 10.

Analysts await Summer Infant, Inc. (NASDAQ:SUMR) to report earnings on November, 1. They expect $0.03 EPS, up 50.00 % or $0.01 from last year’s $0.02 per share. SUMR’s profit will be $557,657 for 14.58 P/E if the $0.03 EPS becomes a reality. After $0.05 actual EPS reported by Summer Infant, Inc. for the previous quarter, Wall Street now forecasts -40.00 % negative EPS growth. The stock increased 1.16% or $0.02 on October 13, reaching $1.75. About 44,885 shares traded or 9.15% up from the average. Summer Infant, Inc. (NASDAQ:SUMR) has risen 12.90% since October 14, 2016 and is uptrending. It has underperformed by 3.80% the S&P500.

Summer Infant, Inc. is an infant and juvenile products company. The company has market cap of $32.53 million. The Firm is engaged in the juvenile industry, providing mothers and caregivers a range of products to care for babies and toddlers. It currently has negative earnings. As of December 31, 2016, it marketed over 1,100 products in several product categories, including monitoring, safety, nursery, baby gear and feeding products.

More notable recent Summer Infant, Inc. (NASDAQ:SUMR) news were published by: Globenewswire.com which released: “Summer Infant Appoints New Chief Product Officer” on November 17, 2016, also Prnewswire.com with their article: “Summer Infant and GOOD+ Foundation Launch the Sharing Is Caring Social Charity …” published on November 14, 2016, Seekingalpha.com published: “Summer Infant’s (SUMR) CEO Mark Messner on Q2 2017 Results – Earnings Call …” on August 06, 2017. More interesting news about Summer Infant, Inc. (NASDAQ:SUMR) were released by: Globenewswire.com and their article: “Summer Infant Announces Addition of Evelyn D’An to Board” published on November 04, 2016 as well as Prnewswire.com‘s news article titled: “Summer Infant to Donate Products to Hurricane Relief Efforts” with publication date: September 25, 2017.

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