Communication - Components

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Is the Options Market Predicting a Spike in Corning Stock?
ZACKS· 2025-08-26 16:25
Investors in Corning Incorporated (GLW) need to pay close attention to the stock based on moves in the options market lately. That is because the Sept 19, 2025 $23.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could a ...
Actelis Networks, Inc. (ASNS) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-14 22:56
Actelis Networks shares have lost about 53.1% since the beginning of the year versus the S&P 500's gain of 10%. What's Next for Actelis Networks? While Actelis Networks has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Actelis Networks, Inc. (ASNS) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.01 per share a year ago. These figures are adjusted ...
Corning (GLW) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-08-08 17:01
Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] - Corning (GLW) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The Zacks Rank system rates Corning as 1 (Strong Buy), suggesting it is likely to outperform the market [3] Price Performance - Corning's shares have increased by 12.08% over the past week, while the Zacks Communication - Components industry has decreased by 2.32% during the same period [5] - Over the past month, Corning's stock price has risen by 23.92%, significantly outperforming the industry's 0.47% [5] - In the last quarter, Corning's shares rose by 36.05%, and over the past year, they have increased by 67.73%, compared to the S&P 500's gains of 13.04% and 23.38%, respectively [6] Trading Volume - Corning's average 20-day trading volume is 5,910,031 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, four earnings estimates for Corning have been revised upward, with no downward revisions, leading to an increase in the consensus estimate from $2.35 to $2.44 [9] - For the next fiscal year, five estimates have moved higher, with no downward revisions during the same period [9] Conclusion - Given the strong price performance, positive earnings outlook, and high momentum score, Corning is positioned as a strong buy candidate for investors seeking short-term opportunities [11]
What Makes Lumentum (LITE) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-08-08 17:01
Group 1: Company Overview - Lumentum (LITE) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3][12] - The company has a Zacks Rank of 2 (Buy), which is supported by a historical track record of outperforming the market [4][12] Group 2: Price Performance - Over the past week, LITE shares increased by 2.07%, while the Zacks Communication - Components industry declined by 2.32% [6] - In the last month, LITE's price change was 19.99%, significantly outperforming the industry's 0.47% [6] - Over the past quarter, Lumentum shares rose by 42.91%, and over the last year, they increased by 156.41%, compared to the S&P 500's gains of 13.04% and 23.38%, respectively [7] Group 3: Trading Volume - LITE's average 20-day trading volume is 2,094,186 shares, which serves as a bullish indicator when combined with rising stock prices [8] Group 4: Earnings Outlook - In the past two months, two earnings estimates for LITE have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $1.97 to $1.99 [10] - For the next fiscal year, three estimates have moved upwards with no downward revisions during the same period [10]
3 Communication Stocks Likely to Beat Industry Conundrums
ZACKS· 2025-08-07 15:56
Industry Overview - The Zacks Communication - Components industry is facing challenges due to raw material price volatility, high capital expenditure for infrastructure upgrades, and geopolitical conflicts, which have negatively impacted profitability [1][4][5] - The industry primarily includes companies providing telecom products and services for scalable network architecture, video solutions, and broadband access equipment [3] Current Challenges - High operating costs are driven by a shortage of chips, increased raw material prices, and technological obsolescence, which have escalated operational expenses [7] - Demand erosion is occurring as customers shift to lower-priced alternatives due to increased fees for network upgrades, compounded by trade tensions affecting business credibility [5][6] Future Prospects - Despite current challenges, companies like Corning, Viavi Solutions, and Ooma are expected to benefit from rising demand for scalable infrastructure driven by IoT, fiber densification, and 5G rollout [2][16][20] - The industry is adapting to a software-driven, data-centric approach, enhancing cloud architecture and user experience, positioning itself for growth in cloud networking [6] Performance Metrics - The Zacks Communication - Components industry has outperformed the S&P 500 and the broader Zacks Computer and Technology sector, with a 66.1% increase over the past year compared to 20% and 28.9% for the S&P 500 and sector, respectively [11] - The industry currently trades at a trailing 12-month price-to-book (P/B) ratio of 4.13X, lower than the S&P 500's 7.37X and the sector's 10.68X [14] Company Highlights - **Corning**: Experienced a 69.1% stock surge over the past year, with a long-term earnings growth expectation of 18.2% and a focus on innovative optical connectivity products [16][17] - **Viavi Solutions**: Gained 35% in the past year, with a 27.8% upward revision in current earnings estimates, benefiting from the transition to 5G networks [20][21] - **Ooma**: Achieved a 31.5% stock increase, focusing on small business customers and delivering an earnings surprise of 18% on average in the trailing four quarters [25][26]
Altice USA, Inc. (ATUS) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-08-07 13:36
Financial Performance - Altice USA reported a quarterly loss of $0.21 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.06, marking an earnings surprise of -250.00% [1] - The company posted revenues of $2.15 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.19%, and down from $2.24 billion a year ago [2] - Over the last four quarters, Altice USA has not surpassed consensus EPS or revenue estimates [2] Stock Performance - Altice USA shares have declined approximately 0.8% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $2.15 billion, and -$0.27 on revenues of $8.61 billion for the current fiscal year [7] - The trend of estimate revisions for Altice USA has been unfavorable leading up to the earnings release [6] Industry Context - The Communication - Components industry, to which Altice USA belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Altice USA's stock performance [5]
Corning (GLW) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-29 13:10
Corning (GLW) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +5.26%. A quarter ago, it was expected that this specialty glass maker would post earnings of $0.5 per share when it actually produced earnings of $0.54, delivering a surprise of +8%. Over the last four quarters, the compa ...
AudioCodes (AUDC) Q2 Earnings Lag Estimates
ZACKS· 2025-07-29 12:06
Company Performance - AudioCodes reported quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share, and down from $0.18 per share a year ago, representing an earnings surprise of -17.65% [1] - The company posted revenues of $61.08 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.70%, compared to year-ago revenues of $60.3 million [2] - Over the last four quarters, AudioCodes has surpassed consensus EPS estimates just once, but has topped consensus revenue estimates three times [2] Stock Outlook - AudioCodes shares have increased by approximately 7.8% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at $0.20 for the coming quarter and $0.74 for the current fiscal year [7] Industry Context - The Communication - Components industry, to which AudioCodes belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact AudioCodes' stock performance [5][6]
Harmonic (HLIT) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-28 22:31
Core Insights - Harmonic (HLIT) reported quarterly earnings of $0.09 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, and showing an increase from $0.08 per share a year ago, resulting in an earnings surprise of +200.00% [1] - The company achieved revenues of $138.03 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.01%, although this represents a slight decline from year-ago revenues of $138.74 million [2] - Harmonic has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance in earnings [2] Earnings Outlook - The future performance of Harmonic's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $153.77 million, and for the current fiscal year, it is $0.53 on revenues of $604.17 million [7] Industry Context - The Communication - Components industry, to which Harmonic belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - The performance of Harmonic's stock may also be influenced by the overall industry outlook, as empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]
Here's Why Lumentum (LITE) is a Great Momentum Stock to Buy
ZACKS· 2025-07-22 17:01
Company Overview - Lumentum (LITE) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy) [3][4][12] - The company specializes in optical networking products and is positioned as a solid momentum pick [4][12] Price Performance - LITE shares have increased by 9.93% over the past week, significantly outperforming the Zacks Communication - Components industry, which rose by only 0.28% [6] - Over the past month, LITE's price change is 16.47%, compared to the industry's 4.05% [6] - In the last quarter, Lumentum shares have surged by 72.84%, and over the past year, they have gained 87.37% [7] Trading Volume - The average 20-day trading volume for LITE is 2,129,984 shares, indicating a bullish trend as the stock is rising with above-average volume [8] Earnings Estimates - In the past two months, 6 earnings estimates for LITE have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $1.92 to $1.98 [10] - For the next fiscal year, 6 estimates have also moved upwards with no downward revisions [10]