NASDAQ:EMKR EMCORE (EMKR) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free EMKR Stock Alerts $2.93 -0.02 (-0.68%) (As of 05:44 PM ET) Add Compare Share Share Today's Range$2.86▼$2.9850-Day Range$2.64▼$44.8052-Week Range$2.44▼$11.41Volume126,166 shsAverage Volume108,277 shsMarket Capitalization$22.65 millionP/E RatioN/ADividend YieldN/APrice Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get EMCORE alerts: Email Address EMCORE MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside403.4% Upside$15.00 Price TargetShort InterestHealthy0.81% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.96 out of 5 starsComputer And Technology Sector342nd out of 586 stocksSemiconductors & Related Devices Industry53rd out of 88 stocks 3.5 Analyst's Opinion Consensus RatingEMCORE has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageEMCORE has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.81% of the float of EMCORE has been sold short.Short Interest Ratio / Days to CoverEMCORE has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in EMCORE has recently increased by 55.13%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEMCORE does not currently pay a dividend.Dividend GrowthEMCORE does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EMKR. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for EMCORE this week, compared to 1 article on an average week.Search Interest4 people have searched for EMKR on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows4 people have added EMCORE to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EMCORE insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.94% of the stock of EMCORE is held by insiders.Percentage Held by Institutions65.66% of the stock of EMCORE is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of EMCORE is -0.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of EMCORE is -0.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEMCORE has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsBetter than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock here >>> About EMCORE Stock (NASDAQ:EMKR)EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing systems, and battlefield/artillery survey systems. The company sells its products through direct sales force, application engineers, third-party sales representatives, and distributors. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California.Read More EMKR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EMKR Stock News HeadlinesMarch 6, 2024 | investorplace.com7 of the Best Speculative Stocks You Can Snag for Less Than $1February 28, 2024 | investorplace.com7 Popular Penny Stocks With Breakout PotentialApril 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.February 26, 2024 | investorplace.com3 Tech Penny Stocks That Could Become Tomorrow's GiantsFebruary 17, 2024 | finance.yahoo.comEMKR Mar 2024 5.000 callFebruary 11, 2024 | finance.yahoo.comEMCORE Corporation (NASDAQ:EMKR) Q1 2024 Earnings Call TranscriptFebruary 9, 2024 | finanznachrichten.deEMCORE Corporation: EMCORE Reports Fiscal 2024 First Quarter ResultsFebruary 9, 2024 | markets.businessinsider.comNorthland Securities Reaffirms Their Buy Rating on Emcore (EMKR)April 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.February 9, 2024 | msn.comEmcore Corp Announces Senior VP of Operations ExitFebruary 8, 2024 | finance.yahoo.comEMCORE Reports Fiscal 2024 First Quarter ResultsFebruary 6, 2024 | finance.yahoo.comEMCORE to Present at the TD Cowen 45th Annual Aerospace & Defense ConferenceFebruary 5, 2024 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Emcore (EMKR)February 1, 2024 | finance.yahoo.comDespite Fast-paced Momentum, Emcore (EMKR) Is Still a Bargain StockJanuary 31, 2024 | finance.yahoo.comEMCORE Corporation to Host Fiscal 2024 First Quarter Conference Call on February 8, 2024January 11, 2024 | markets.businessinsider.comEmcore Enters Into Cooperation Agreement With Bradley Radoff; Chairman Stephen Domenik Steps DownJanuary 11, 2024 | msn.comEMCORE signs cooperation agreement with Bradley L. Radoff; announces chairman changeJanuary 11, 2024 | finance.yahoo.comEMCORE Corporation Enters Into Cooperation Agreement with Bradley L. RadoffJanuary 11, 2024 | finance.yahoo.comEmcore (EMKR) Is Attractively Priced Despite Fast-paced MomentumJanuary 8, 2024 | finance.yahoo.com5 Solid Stocks to Buy on a Solid Jump in Factory OrdersDecember 29, 2023 | msn.comA New Cause for Concern: Emcore Corporation Adds a New Share Price & Shareholder Rights RiskDecember 14, 2023 | benzinga.comRecap: EMCORE Q4 EarningsDecember 14, 2023 | realmoney.thestreet.comEmcore price target lowered by $1 at Alliance Global Partners, here's whyDecember 14, 2023 | finance.yahoo.comEMCORE Corporation (NASDAQ:EMKR) Shares Could Be 48% Below Their Intrinsic Value EstimateDecember 14, 2023 | finance.yahoo.comEMCORE Corporation (NASDAQ:EMKR) Q4 2023 Earnings Call TranscriptDecember 13, 2023 | benzinga.comEMCORE Stock (NASDAQ:EMKR) Dividends: History, Yield and DatesDecember 12, 2023 | investorplace.comEMKR Stock Earnings: EMCORE Beats EPS, Beats Revenue for Q4 2023See More Headlines Receive EMKR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EMCORE and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/08/2024Today4/25/2024Next Earnings (Estimated)5/02/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:EMKR CUSIPN/A CIK808326 Webwww.emcore.com Phone(626) 293-3400Fax626-293-3428Employees350Year Founded1984Price Target and Rating Average Stock Price Target$15.00 High Stock Price Target$15.00 Low Stock Price Target$15.00 Potential Upside/Downside+403.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($11.30) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,360,000.00 Net Margins-67.43% Pretax Margin-43.70% Return on Equity-26.76% Return on Assets-15.69% Debt Debt-to-Equity Ratio0.10 Current Ratio3.11 Quick Ratio1.95 Sales & Book Value Annual Sales$97.72 million Price / Sales0.24 Cash FlowN/A Price / Cash FlowN/A Book Value$10.41 per share Price / Book0.29Miscellaneous Outstanding Shares7,730,000Free Float7,659,000Market Cap$23.04 million OptionableOptionable Beta1.52 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Jeffrey S. Rittichier (Age 64)CEO, President & Director Comp: $523.86kMr. Thomas P. Minichiello (Age 65)Chief Financial Officer Comp: $408.53kMr. Mark A. Gordon (Age 61)Director of Accounting Mr. Ryan HochgesangVP, General Counsel & SecretaryKey CompetitorsSEALSQNASDAQ:LAESMeta MaterialsNASDAQ:MMATSequans CommunicationsNYSE:SQNSSemiLEDsNASDAQ:LEDSNano LabsNASDAQ:NAView All CompetitorsInsiders & InstitutionsKovack Advisors Inc.Bought 83,100 shares on 4/19/2024Ownership: 11.477%Penn Capital Management Company LLCBought 1,284,624 shares on 2/15/2024Ownership: 4.580%Neuberger Berman Group LLCSold 273,328 shares on 2/14/2024Ownership: 3.021%Neuberger Berman Group LLCSold 273,328 shares on 2/9/2024Ownership: 3.021%Kovack Advisors Inc.Sold 123,100 shares on 2/2/2024Ownership: 1.040%View All Insider TransactionsView All Institutional Transactions EMKR Stock Analysis - Frequently Asked Questions Should I buy or sell EMCORE stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EMCORE in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" EMKR shares. View EMKR analyst ratings or view top-rated stocks. What is EMCORE's stock price target for 2024? 1 brokerages have issued twelve-month price targets for EMCORE's shares. Their EMKR share price targets range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next year. This suggests a possible upside of 403.4% from the stock's current price. View analysts price targets for EMKR or view top-rated stocks among Wall Street analysts. How have EMKR shares performed in 2024? EMCORE's stock was trading at $48.90 on January 1st, 2024. Since then, EMKR stock has decreased by 93.9% and is now trading at $2.98. View the best growth stocks for 2024 here. Are investors shorting EMCORE? EMCORE saw a increase in short interest in April. As of April 15th, there was short interest totaling 52,900 shares, an increase of 55.1% from the March 31st total of 34,100 shares. Based on an average daily volume of 121,200 shares, the short-interest ratio is presently 0.4 days. Currently, 0.8% of the shares of the stock are short sold. View EMCORE's Short Interest. When is EMCORE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our EMKR earnings forecast. How were EMCORE's earnings last quarter? EMCORE Co. (NASDAQ:EMKR) released its quarterly earnings results on Thursday, February, 8th. The semiconductor company reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.50) by $0.10. The semiconductor company earned $24.12 million during the quarter, compared to analysts' expectations of $27 million. EMCORE had a negative net margin of 67.43% and a negative trailing twelve-month return on equity of 26.76%. When did EMCORE's stock split? EMCORE shares reverse split on the morning of Tuesday, April 2nd 2024. The 1-10 reverse split was announced on Tuesday, April 2nd 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, April 2nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What guidance has EMCORE issued on next quarter's earnings? EMCORE updated its second quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $23.0 million-$25.0 million, compared to the consensus revenue estimate of $28.7 million. What is Hong Q. Hou's approval rating as EMCORE's CEO? 26 employees have rated EMCORE Chief Executive Officer Hong Q. Hou on Glassdoor.com. Hong Q. Hou has an approval rating of 43% among the company's employees. This puts Hong Q. Hou in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of EMCORE own? Based on aggregate information from My MarketBeat watchlists, some companies that other EMCORE investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Pure Storage (PSTG), Riot Platforms (RIOT), Enphase Energy (ENPH), Boeing (BA), Mastercard (MA), AT&T (T), Advanced Micro Devices (AMD) and Nokia Oyj (NOK). Who are EMCORE's major shareholders? EMCORE's stock is owned by many different institutional and retail investors. Top institutional investors include Kovack Advisors Inc. (11.48%). Insiders that own company stock include Awm Investment Company, Inc, Jeffrey Rittichier and Rex S Jackson. View institutional ownership trends. How do I buy shares of EMCORE? Shares of EMKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does EMCORE have any subsidiaries? The following companies are subsidiares of EMCORE: Alvesta, Corona Optical Systems Inc., EMCORE Chicago Inertial Corporation, EMCORE Hong Kong Limited, EMCORE Optoelectronics (Beijing) Co. LTD, EMCORE Space & Navigation Corporation, K2 Optronics Inc., KVH Industries, Langfang EMCORE Optoelectronics Company Limited, Opticomm Corporation, Phasebridge Inc., Soliant Energy Inc., and Systron Donner.Read More This page (NASDAQ:EMKR) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsYour Money is Not SafeAmerican AlternativeThe World's First "$20 Trillion Drug?"Behind the MarketsThe only accurate crypto trading system I know …Weiss RatingsFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding EMCORE Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
