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NASDAQ:EMKREMCORE Stock Price, Forecast & News

$3.03
-0.09 (-2.88 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$2.98
Now: $3.03
$3.16
50-Day Range
$2.75
MA: $3.05
$3.29
52-Week Range
$1.46
Now: $3.03
$3.72
Volume70,267 shs
Average Volume70,170 shs
Market Capitalization$88.99 million
P/E RatioN/A
Dividend YieldN/A
Beta0.84
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. The company also provides chip devices products, including high-power gain chips, GPON fiber-to-the-premises, and data center chip products; and navigation systems products, such as fiber optic gyroscope products and inertial measurement units and navigation systems products. It 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.13 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
Current SymbolNASDAQ:EMKR
CUSIPN/A
Phone626-293-3400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$87.26 million
Book Value$2.67 per share

Profitability

Net Income$-35,980,000.00

Miscellaneous

EmployeesN/A
Market Cap$88.99 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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EMCORE (NASDAQ:EMKR) Frequently Asked Questions

How has EMCORE's stock been impacted by COVID-19 (Coronavirus)?

EMCORE's stock was trading at $2.35 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EMKR shares have increased by 28.9% and is now trading at $3.03. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is EMCORE's next earnings date?

EMCORE is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for EMCORE.

How were EMCORE's earnings last quarter?

EMCORE Co. (NASDAQ:EMKR) announced its quarterly earnings results on Wednesday, May, 6th. The semiconductor company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.03. The semiconductor company earned $23.85 million during the quarter, compared to analyst estimates of $23.37 million. EMCORE had a negative return on equity of 26.92% and a negative net margin of 35.04%. View EMCORE's earnings history.

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

EMCORE issued an update on its third quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $25-27 million, compared to the consensus revenue estimate of $25.35 million.

What price target have analysts set for EMKR?

3 Wall Street analysts have issued 12-month price targets for EMCORE's stock. Their forecasts range from $4.70 to $5.00. On average, they expect EMCORE's share price to reach $4.90 in the next twelve months. This suggests a possible upside of 61.7% from the stock's current price. View analysts' price targets for EMCORE.

Has EMCORE been receiving favorable news coverage?

News coverage about EMKR stock has been trending negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. EMCORE earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the immediate future. View the latest news about EMCORE.

Are investors shorting EMCORE?

EMCORE saw a increase in short interest in June. As of June 15th, there was short interest totaling 95,100 shares, an increase of 14.6% from the May 31st total of 83,000 shares. Based on an average daily volume of 122,500 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the shares of the company are sold short. View EMCORE's Current Options Chain.

Who are some of EMCORE's key competitors?

What other stocks do shareholders of EMCORE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EMCORE investors own include Advanced Micro Devices (AMD), AT&T (T), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), Nokia Oyj (NOK), NVIDIA (NVDA), QUALCOMM (QCOM), AbbVie (ABBV), Corbus Pharmaceuticals (CRBP) and Inovio Pharmaceuticals (INO).

Who are EMCORE's key executives?

EMCORE's management team includes the following 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

What is EMCORE's stock symbol?

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

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 $3.03.

How big of a company is EMCORE?

EMCORE has a market capitalization of $88.99 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.

What is EMCORE's official website?

The official website for EMCORE is 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]

This page was last updated on 7/4/2020 by MarketBeat.com Staff

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