EPS for Sonus Networks, Inc. (SONS) Expected At $-0.18

July 18, 2017 - By reb123z

 EPS for Sonus Networks, Inc. (SONS) Expected At $ 0.18
Investors sentiment decreased to 0.9 in 2016 Q4. Its down 0.48, from 1.38 in 2016Q3. It is negative, as 15 investors sold Sonus Networks, Inc. shares while 44 reduced holdings. 20 funds opened positions while 33 raised stakes. 32.70 million shares or 0.84% less from 32.98 million shares in 2016Q3 were reported.
Blackrock has invested 0% in Sonus Networks, Inc. (NASDAQ:SONS). The Missouri-based Piermont Mgmt Incorporated has invested 0.22% in Sonus Networks, Inc. (NASDAQ:SONS). Moreover, Vanguard Grp has 0% invested in Sonus Networks, Inc. (NASDAQ:SONS) for 3.58M shares. Spark stated it has 0.2% of its portfolio in Sonus Networks, Inc. (NASDAQ:SONS). 2.45M are owned by Dimensional Fund Advisors L P. Morgan Stanley holds 148,576 shares or 0% of its portfolio. First Trust Advisors Lp holds 2.93 million shares. Susquehanna Int Ltd Liability Partnership owns 85,414 shares for 0% of their portfolio. Royal Bancorp Of Canada holds 0% of its portfolio in Sonus Networks, Inc. (NASDAQ:SONS) for 4,265 shares. Manufacturers Life Insur The stated it has 0% of its portfolio in Sonus Networks, Inc. (NASDAQ:SONS). Tower Capital (Trc) has 5,708 shares. 13,660 were reported by Hsbc Pcl. Moreover, Ubs Asset Management Americas has 0% invested in Sonus Networks, Inc. (NASDAQ:SONS) for 12,058 shares. First Midwest Bank Tru Division holds 25,100 shares or 0.02% of its portfolio. Wellington Gp Llp has 21,457 shares for 0% of their portfolio.

Analysts expect Sonus Networks, Inc. (NASDAQ:SONS) to report $-0.18 EPS on July, 26.They anticipate $0.17 EPS change or 1,700.00 % from last quarter’s $-0.01 EPS. After having $-0.16 EPS previously, Sonus Networks, Inc.’s analysts see 12.50 % EPS growth. The stock decreased 1.03% or $0.08 during the last trading session, reaching $7.7. About 171,018 shares traded. Sonus Networks, Inc. (NASDAQ:SONS) has declined 11.20% since July 18, 2016 and is downtrending. It has underperformed by 27.90% the S&P500.

Sonus Networks, Inc. (NASDAQ:SONS) Ratings Coverage

Among 6 analysts covering Sonus Networks (NASDAQ:SONS), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Sonus Networks had 9 analyst reports since July 30, 2015 according to SRatingsIntel. Barrington Research upgraded the shares of SONS in report on Thursday, July 30 to “Outperform” rating. DA Davidson downgraded it to “Neutral” rating and $6.50 target in Thursday, February 16 report. The rating was initiated by DA Davidson on Wednesday, July 20 with “Buy”. Drexel Hamilton initiated the stock with “Hold” rating in Tuesday, October 20 report. The rating was upgraded by Northland Capital on Thursday, October 29 to “Outperform”. Cowen & Co downgraded the stock to “Underperform” rating in Thursday, September 29 report. The stock of Sonus Networks, Inc. (NASDAQ:SONS) has “Buy” rating given on Monday, July 3 by Northland Capital. William Blair maintained the stock with “Buy” rating in Wednesday, July 12 report. The stock has “Buy” rating by William Blair on Thursday, June 1.

Sonus Networks, Inc. is a provider of networked solutions for communications service providers and enterprises to help them secure and unify their real-time communications infrastructures. The company has market cap of $380.83 million. The Firm helps communications service providers and enterprises hold the session initiation protocol (SIP) and fourth generation (4G)/long term evolution (LTE) solutions, including voice over Internet protocol (VoIP), voice over wireless fidelity (VoWiFi), video and unified communications (UC) by securing and enabling Internet Protocol (IP) networks. It currently has negative earnings. The Company’s products include session border controllers (SBCs), diameter signaling controllers (DSCs) and VoWiFi solutions.

More notable recent Sonus Networks, Inc. (NASDAQ:SONS) news were published by: Seekingalpha.com which released: “Sonus Networks, Genband agree to 50-50 merger” on May 23, 2017, also Prnewswire.com with their article: “Sonus Networks to Report Second Quarter 2017 Financial Results on August 3, 2017” published on July 10, 2017, Fool.com published: “How Sonus Networks, Inc. Gained 12% in March” on April 06, 2017. More interesting news about Sonus Networks, Inc. (NASDAQ:SONS) were released by: Prnewswire.com and their article: “Sonus Enterprise Communications Solutions Simplify Microsoft Skype for …” published on July 12, 2017 as well as Prnewswire.com‘s news article titled: “Sonus and Palo Alto Networks Team to Deliver Advanced Mobile Network …” with publication date: March 21, 2017.

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