Sentiment for Black Box Corp (NASDAQ:BBOX)
Black Box Corp (NASDAQ:BBOX) institutional sentiment decreased to 1.33 in Q3 2015. Its down -0.35, from 1.68 in 2015Q2. The ratio has worsened, as 69 institutional investors opened new and increased positions, while 41 cut down and sold holdings in Black Box Corp. The institutional investors in our partner’s database now hold: 21.10 million shares, up from 14.49 million shares in 2015Q2. Also, the number of institutional investors holding Black Box Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 33 Increased: 60 New Position: 9.
Black Box Corporation is a technology solutions well-known provider engaged in designing, building, managing and securing the information technology infrastructure. The company has a market cap of $203.09 million. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching. It currently has negative earnings. Offerings under its Services platform include unified communications, data infrastructure and managed services.
About 51,562 shares traded hands. Black Box Corporation (NASDAQ:BBOX) has declined 9.49% since August 27, 2015 and is downtrending. It has underperformed by 13.44% the S&P500.
Analysts await Black Box Corporation (NASDAQ:BBOX) to reports earnings on May, 5. They expect $0.28 EPS, down 39.13% or $0.18 from last year’s $0.46 per share. BBOX’s profit will be $4.26 million for 11.92 P/E if the $0.28 EPS becomes reality. After $0.37 actual EPS reported by Black Box Corporation for the previous quarter, Wall Street now forecasts -24.32% negative EPS growth.
According to Zacks Investment Research, “Black Box Corporation is a leading worldwide provider of technical network services and related products to businesses of all sizes. Black Box differentiates itself from its competitors through unparalleled levels of technical support and its private label brand, BLACK BOX(R). The Black Box brand has earned a reputation for high quality and reliability since the BBOX was founded.”
Kempner Capital Management Inc. holds 1.56% of its portfolio in Black Box Corporation for 187,316 shares. Kestrel Investment Management Corp owns 133,550 shares or 0.69% of their US portfolio. Moreover, Lombardia Capital Partners Llc has 0.49% invested in the company for 697,188 shares. The Florida-based Aviance Capital Partners Llc has invested 0.46% in the stock. Menta Capital Llc, a California-based fund reported 104,913 shares.#img1#
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