Brocade Communications Systems, Inc. (NASDAQ:BRCD) Quarterly EPS Analysis

The stock increased 0.96% or $0.12 on November 10, reaching $12.62. Currently, 411.9 million total shares are owned by the public and among those 410.35 million shares have been available to trade. Currently, Brocade Communications Systems, Inc.

Brocade Communications Systems (NASDAQ:BRCD) last posted its earnings results on Thursday, August 24th. It has outperformed by 41.77% the S&P500. Shares of BRCD have increased 2.69% in the past three monthswhile the S&P 500 has dropped -1.72% in that time. BNCL's SI was 1.40 million shares in November as released by FINRA. Citadel Ltd Liability Corp accumulated 61,426 shares. Twin Securities Incorporated stated it has 1.19M shares or 2.42% of all its holdings. The stock declined 0.53% or $0.16 reaching $29.92 per share. About 139,028 shares traded. It has underperformed by 17.61% the S&P500.

Investors sentiment decreased to 0.86 in Q2 2017. Hsbc Public Limited Company, a United Kingdom-based fund reported 922,282 shares. During the same quarter in the prior year, the company earned $0.21 earnings per share. RBC Capital Markets maintained the shares of BRCD in report on Friday, June 9 with "Hold" rating. Texas Permanent School Fund holds 299,375 shares or 0.05% of its portfolio. Voya Investment Management Ltd Co has 113,731 shares. (NASDAQ:BNCL) for 178,664 shares. Paloma Prns Mngmt holds 0.01% or 79,169 shares in its portfolio. (NASDAQ:BNCL). Millennium Mgmt Lc stated it has 436,147 shares. Its up 6.44% from 4.23M shares previously. Eaton Vance Mgmt holds 0.01% or 419,359 shares. 646,722 were reported by Sg Americas Limited Liability Company. (NASDAQ:BNCL) has "Hold" rating given on Monday, April 25 by Sandler O'Neill. A 9 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of OLN or, if they already own its stock, sell it. Therefore 71% are positive. Marcus & Millichap had 9 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Agrium Inc. The firm has "Hold" rating given on Friday, August 26 by Deutsche Bank. The firm has "Equalweight" rating by Barclays Capital given on Friday, May 20. Macquarie Group Ltd now owns 1,086,216 shares valued at $12,980,000. Garde Capital owns 12,317 shares. Noble Corp Plc (NYSE:NE) was raised too. Brocade Communications Systems Inc. had 58 analyst reports since August 19, 2015 according to SRatingsIntel. (NASDAQ:BRCD), 3 have Buy rating, 2 Sell and 15 Hold. Therefore 82% are positive.

Among 20 analysts covering Brocade Communications Systems Inc. The company was maintained on Thursday, September 22 by Citigroup. Robert W. Baird maintained Brocade Communications Systems, Inc. (NASDAQ:BRCD) earned "Sell" rating by UBS on Friday, August 26. (NASDAQ:BRCD) has "Neutral" rating given on Friday, August 26 by Citigroup. The rating was maintained by Barclays Capital with "Overweight" on Tuesday, January 12. The firm earned "Buy" rating on Thursday, February 18 by Wunderlich. Jefferies has "Buy" rating and $40.0 target. (NASDAQ:BRCD) on Friday, August 21 to "Buy" rating. On Wednesday, November 2 the stock rating was upgraded by Robert W. Baird to "Neutral".

Analysts await Brocade Communications Systems, Inc. (NASDAQ:BRCD) has risen 58.47% since November 14, 2016 and is uptrending. The technology company reported $0.16 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.04 by $0.12. BRCD's profit will be $53.77 million for 24.27 P/E if the $0.13 EPS becomes a reality.

Mannkind Corporation (NASDAQ:MNKD) Sees Price Swing - Down $0.08
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Analyst Earnings Predictions Coverage: JetBlue Airways Corporation (JBLU)
The stock of JetBlue Airways Corporation (NASDAQ: JBLU ) earned "Equal-Weight" rating by Morgan Stanley on Thursday, August 17. HBK Investments L P owned approximately 0.18% of JetBlue Airways Corp . worth $10,246,000 as of its most recent SEC filing.

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American International Group Inc reports that it bought 8,067 shares in the previous quarter increasing its stake in Brocade Comm Sys (BRCD) by 1.0%.

Investors sentiment decreased to 1.1 in Q2 2017. Its up 0.90, from 0.88 in 2017Q1. (NASDAQ:BRCD) or 33,825 shares.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 324.45 million shares or 1.36% more from 320.11 million shares in 2017Q1 were reported. Sprott Inc stated it has 0.11% in Marcus & Millichap Inc (NYSE:MMI). RBC Capital Markets raised shares of Brocade Communications Systems from a "sector perform" rating to an "outperform" rating and increased their price target for the stock from $11.00 to $14.00 in a report on Monday, October 31st. (NASDAQ:BRCD). The big banks are holding 84.40% of the shares while company insiders are clinging to 0.40%.

Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD). Manufacturers Life Insurance The invested in 0.01% or 601,806 shares. The stock of Brocade Communications Systems, Inc. California State Teachers Retirement Sys owns 948,246 shares. Whittier Trust Communications owns 191 shares. Hirtle Callaghan & Co Ltd Liability Corp invested in 1,100 shares. Walleye Trading Limited Com has invested 0.03% in Tableau Software Inc (NYSE:DATA). Lsv Asset has invested 0.06% in Brocade Communications Systems, Inc. (NASDAQ:BRCD) are $12.04 and $12.39. Ontario Teachers Pension Plan Board owns 245,400 shares. The stock of Brocade Communications Systems, Inc.

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