Finjan Holdings Inc (FNJN) Expected to Post Earnings of -$0.25 Per Share

Brokerages expect Finjan Holdings Inc (NASDAQ:FNJN) to post ($0.25) earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Finjan’s earnings. Finjan posted earnings per share of $0.22 during the same quarter last year, which would suggest a negative year over year growth rate of 213.6%. The business is expected to announce its next quarterly earnings report after the market closes on Wednesday, March 13th.

According to Zacks, analysts expect that Finjan will report full-year earnings of $0.88 per share for the current year. For the next year, analysts forecast that the business will post earnings of $0.86 per share, with EPS estimates ranging from $0.61 to $1.10. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Finjan.

A number of research firms have recently commented on FNJN. TheStreet cut Finjan from a “b” rating to a “c” rating in a report on Monday, December 3rd. ValuEngine raised Finjan from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 2nd.

NASDAQ FNJN traded up $0.11 during midday trading on Friday, hitting $3.03. The company had a trading volume of 198,520 shares, compared to its average volume of 117,182. The stock has a market capitalization of $83.45 million, a PE ratio of 8.66 and a beta of 0.37. Finjan has a twelve month low of $2.11 and a twelve month high of $5.54.

Several institutional investors have recently bought and sold shares of FNJN. BlackRock Inc. raised its holdings in shares of Finjan by 144.4% during the 2nd quarter. BlackRock Inc. now owns 54,696 shares of the software maker’s stock worth $186,000 after buying an additional 32,313 shares in the last quarter. Russell Investments Group Ltd. grew its position in Finjan by 208.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 34,325 shares of the software maker’s stock worth $150,000 after acquiring an additional 23,206 shares during the last quarter. O Shaughnessy Asset Management LLC grew its position in Finjan by 190.5% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 57,077 shares of the software maker’s stock worth $246,000 after acquiring an additional 37,430 shares during the last quarter. JPMorgan Chase & Co. grew its position in Finjan by 79.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 383,222 shares of the software maker’s stock worth $1,652,000 after acquiring an additional 170,164 shares during the last quarter. Finally, Seizert Capital Partners LLC bought a new stake in Finjan during the 3rd quarter worth $529,000. 56.84% of the stock is owned by institutional investors.

About Finjan

Finjan Holdings, Inc, a cybersecurity company, provides intellectual property licensing and enforcement services in the United States and internationally. The company owns a portfolio of patents related to software and hardware technologies that proactively detect malicious code and thereby protects end users from identity and data theft, spyware, malware, phishing, Trojans, and other Web and network threats.

Recommended Story: Cost of Debt

Get a free copy of the Zacks research report on Finjan (FNJN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Finjan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finjan and related companies with MarketBeat.com's FREE daily email newsletter.