NASDAQ:EMKR - EMCORE Stock Price, Forecast & News

$3.45

+0.05 (+1.47 %)

(As of 01/24/2020 02:35 AM ET)

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Today's Range

$3.40

Now: $3.45▼

$3.48

50-Day Range

$2.96

MA: $3.20▼

$3.48

52-Week Range

$2.65

Now: $3.45▼

$4.67

Volume22,300 shs

Average Volume59,627 shs

Market Capitalization$99.72 million

P/E RatioN/A

Dividend YieldN/A

Beta0.31

EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in California. It offers broadband products comprising cable television; laser, receiver, and photodetector component products; radio frequency over glass FTTP products; satellite/microwave communications products; and wireless communications products. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:EMKR

Previous Symbol

CUSIPN/A

CIK808326

Webhttp://www.emcore.com/

Phone626-293-3400

Debt

Debt-to-Equity RatioN/A

Current Ratio2.34

Quick Ratio1.56

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$87.26 million

Price / Sales1.14

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.67 per share

Price / Book1.29

Profitability

EPS (Most Recent Fiscal Year)($0.71)

Net Income$-35,980,000.00

Net Margins-41.24%

Return on Equity-21.32%

Return on Assets-15.74%

Miscellaneous

EmployeesN/A

Outstanding Shares28,905,000

Market Cap$99.72 million

Next Earnings Date2/5/2020 (Estimated)

OptionableOptionable

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EMCORE (NASDAQ:EMKR) Frequently Asked Questions

What is EMCORE's stock symbol?

EMCORE trades on the NASDAQ under the ticker symbol "EMKR."

How were EMCORE's earnings last quarter?

EMCORE Co. (NASDAQ:EMKR) announced its quarterly earnings data on Thursday, December, 5th. The semiconductor company reported ($0.27) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.15) by $0.12. The semiconductor company earned $24.30 million during the quarter, compared to analyst estimates of $23.04 million. EMCORE had a negative net margin of 41.24% and a negative return on equity of 21.32%. View EMCORE's Earnings History.

When is EMCORE's next earnings date?

EMCORE is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for EMCORE.

What guidance has EMCORE issued on next quarter's earnings?

EMCORE issued an update on its first quarter 2020 After-Hours earnings guidance on Wednesday, December, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $25-27 million, compared to the consensus revenue estimate of $25.1 million.

What price target have analysts set for EMKR?

3 brokerages have issued twelve-month target prices for EMCORE's stock. Their forecasts range from $4.20 to $5.00. On average, they anticipate EMCORE's share price to reach $4.57 in the next year. This suggests a possible upside of 32.4% from the stock's current price. View Analyst Price Targets for EMCORE.

What is the consensus analysts' recommendation for EMCORE?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EMCORE in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for EMCORE.

What are Wall Street analysts saying about EMCORE stock?

Here are some recent quotes from research analysts about EMCORE stock:

1. According to Zacks Investment Research, "EMCORE Corporation offers a broad portfolio of compound semiconductor- based products for the broadband, fiber optic, satellite and terrestrial solar power markets. EMCORE's Fiber Optic segment offers optical components, subsystems and systems for high-speed data and telecommunications networks, cable television and fiber-to-the-premises. EMCORE's Photovoltaic segment provides products for both satellite and terrestrial applications. For satellite applications, EMCORE offers high efficiency Gallium Arsenide solar cells, Covered Interconnect Cells and panels. For terrestrial applications, EMCORE is adapting its high-efficiency GaAs solar cells for use in solar power concentrator systems. " (9/11/2019)
2. Northland Securities analysts commented, "We reiterate our OP rating and $6 PT. Key Points EMKR guided the acquisition to be accretive by the end of the corporate average and an end market focus on tactical defense navigation with a similar base of customers (Raytheon, Lockheed) as well as emerging commercial aviation exposure (Boeing 777X). SDI is based in Concord, CA with 140 employees half of whom are engaged in manufacturing in the company’s owned 100,000 sq foot facility valued at an estimated $13.5M by EMKR." (6/10/2019)

Has EMCORE been receiving favorable news coverage?

Headlines about EMKR stock have trended extremely negative this week, InfoTrie reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. EMCORE earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for EMCORE.

Who are some of EMCORE's key competitors?

Some companies that are related to EMCORE include Sitime (SITM), DSP Group (DSPG), NVE (NVEC), Alpha and Omega Semiconductor (AOSL), Applied Optoelectronics (AAOI), Adesto Technologies (IOTS), GSI Technology (GSIT), AXT (AXTI), Pixelworks (PXLW), Sequans Communications (SQNS), Everspin Technologies (MRAM), Resonant (RESN), POET Technologies (POETF), Atomera (ATOM) and Intermolecular (IMI).

What other stocks do shareholders of EMCORE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EMCORE investors own include AT&T (T), Advanced Micro Devices (AMD), NovaBay Pharmaceuticals (NBY), Netflix (NFLX), Veeco Instruments (VECO), Adobe (ADBE), Corbus Pharmaceuticals (CRBP), Cypress Semiconductor (CY), FormFactor (FORM) and Gilead Sciences (GILD).

Who are EMCORE's key executives?

EMCORE's management team includes the folowing people:

Mr. Jeffrey S. Rittichier, CEO, Pres & Director (Age 59)
Mr. Albert Lu, Sr. VP of Engineering (Age 42)
Mr. Mark A. Gordon, Interim Principal Financial & Accounting Officer (Age 56)
Mr. Iain Black, Sr. VP of Operations (Age 54)
Mr. Hank Blauvelt, Chief Technology Officer

How do I buy shares of EMCORE?

Shares of EMKR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is EMCORE's stock price today?

One share of EMKR stock can currently be purchased for approximately $3.45.

How big of a company is EMCORE?

EMCORE has a market capitalization of $99.72 million and generates $87.26 million in revenue each year. The semiconductor company earns $-35,980,000.00 in net income (profit) each year or ($0.71) on an earnings per share basis. View Additional Information About EMCORE.

What is EMCORE's official website?

The official website for EMCORE is http://www.emcore.com/.

How can I contact EMCORE?

EMCORE's mailing address is 2015 W. Chestnut Street, Alhambra CA, 91803. The semiconductor company can be reached via phone at 626-293-3400 or via email at [email protected]

MarketBeat Community Rating for EMCORE (NASDAQ EMKR)

Community Ranking:		2.5 out of 5 ( )
Outperform Votes:		327 (Vote Outperform)
Underperform Votes:		335 (Vote Underperform)
Total Votes:		662

MarketBeat's community ratings are surveys of what our community members think about EMCORE and other stocks. Vote "Outperform" if you believe EMKR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EMKR will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/24/2020 by MarketBeat.com Staff

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