Earnings Analysis of: Brocade Communications Systems, Inc. (NASDAQ:BRCD)


Brocade Communications Systems, Inc. (NASDAQ:BRCD) will report its next earnings on Feb 15 – Feb 20 (Est.). The company reported the earnings of $0.33/Share in the last quarter where the estimated EPS by analysts was $0.22/share. The difference between the expected and actual EPS was $0.11/share, which represents an Earnings surprise of 50%.

Many analysts are providing their Estimated Earnings analysis for Brocade Communications Systems, Inc. and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $0.26/share. These analysts have also projected a Low Estimate of $0.23/share and a High Estimate of $0.29/share.

In case of Revenue Estimates, 13 analysts have provided their consensus Average Revenue Estimates for Brocade Communications Systems, Inc. as 649.07 Million. According to these analysts, the Low Revenue Estimate for Brocade Communications Systems, Inc. is 629.9 Million and the High Revenue Estimate is 663.31 Million. The company had Year Ago Sales of 574.28 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for BRCD to be -10.3%. They are projecting Next Quarter growth of 9.1%. For the next 5 years, Brocade Communications Systems, Inc. is expecting Growth of 5% per annum, whereas in the past 5 years the growth was 14.21% per annum.

Some buy side analysts are also providing their Analysis on Brocade Communications Systems, Inc., where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 15 said it’s a HOLD, 0 reported it as Underperform and 1 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 12 Analysts reported that the Price Target for Brocade Communications Systems, Inc. might touch $13 high while the Average Price Target and Low price Target is $12.4 and $11 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Brocade Communications Systems, Inc. got Downgrade on 3-Nov-16 where investment firm Wunderlich Downgrade the stock from Hold to Sell.

Brocade Communications Systems, Inc. closed its last trading session at $12.36 with the loss of -0.16%. The Market Capitalization of the company stands at 4.95 Billion. The Company has 52-week high of $12.5 and 52-week low of $7.4. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 0.36% where SMA50 and SMA200 are 19.21% and 29.49% respectively. The Company Touched its 52-Week High on Nov 25, 2016 and 52-Week Low on Jan 20, 2016.

The Relative Volume of the company is 1.59 and Average Volume (3 months) is 9.07 million. Brocade Communications Systems, Inc. P/E (price to earnings) ratio is 23.64 and Forward P/E ratio of 11.46.

The company shows its Return on Assets (ROA) value of 4.8%. The Return on Equity (ROE) value stands at 8.5%. While it’s Return on Investment (ROI) value is 6.3%.

While looking at the Stock’s Performance, Brocade Communications Systems, Inc. currently shows a Weekly Performance of -0.48%, where Monthly Performance is 16.42%, Quarterly performance is 38.26%, 6 Months performance is 40.04% and yearly performance percentage is 33.29%. Year to Date performance value (YTD perf) value is 36.67%. The Stock currently has a Weekly Volatility of 0.70% and Monthly Volatility of 1.22%.