The ratings of seven Communications Equipment stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
The rating of Calix (NYSE:CALX) slips from a D (“sell”) to an F (“strong sell”). Calix provides broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers or CSPs, to connect to their residential and business subscribers. In Portfolio Grader’s specific subcategories of Earnings Revisions, Equity, and Cash Flow, CALX also gets an F. CALX shares have decreased by 35% from a month ago, worse than the S&P 500’s 0.9% increase for the same period. For more information, get Portfolio Grader’s complete analysis of CALX stock.
This is a rough week for Sonus Networks (NASDAQ:SONS). The company’s rating falls to F from the previous week’s D. Sonus Networks provides voice infrastructure solutions for wireline and wireless service providers. The stock also gets an F in Earnings Revisions. SONS shares have dropped 19.7% from a month ago. For a full analysis of SONS stock, visit Portfolio Grader.
This week, Ceragon Networks (NASDAQ:CRNT) drops from a D to an F rating. Ceragon Networks provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services worldwide. The stock gets F’s in Earnings Surprise, Equity, and Cash Flow. CRNT shares have decreased 8.6% since last month. To get an in-depth look at CRNT, get Portfolio Grader’s complete analysis of CRNT stock.
Emulex (NYSE:ELX) earns a D (“sell”) this week, falling from last week’s grade of C (“hold”). Emulex provides converged networking solutions for data centers. Shares of ELX have dropped 17% from the previous month. For a full analysis of ELX stock, visit Portfolio Grader.
Slipping from a D to an F rating, Gilat Satellite Networks (NASDAQ:GILT) takes a hit this week. Gilat Satellite Networks designs, develops, manufactures, markets, and supports very small aperture terminal satellite earth stations and related hub equipment and software. The stock gets F’s in Earnings Growth, Earnings Revisions, and Margin Growth. GILT shares have decreased by 14.2% since last month. For more information, get Portfolio Grader’s complete analysis of GILT stock.
Finisar (NASDAQ:FNSR) earns a D this week, moving down from last week’s grade of C. Finisar provides fiber optic subsystems and network performance test systems which enable high-speed data communications over local area network and storage area networks. The stock gets F’s in Earnings Revisions and Margin Growth. As of July 20, 14.5% of outstanding Finisar shares were held short. The trailing PE Ratio for the stock is 25.7. FNSR shares have dropped 15.2% from a month ago. To get an in-depth look at FNSR, get Portfolio Grader’s complete analysis of FNSR stock.
The rating of Comverse Technology (NASDAQ:CMVT) declines this week from a D to an F. Comverse Technology is a provider of software and systems enabling converged billing and active customer management, mobile Internet, and value-added services. The stock gets F’s in Earnings Revisions and Equity. CMVT shares have decreased 5.5% from a month prior. For a full analysis of CMVT stock, visit Portfolio Grader.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.
