NASDAQ:EMKR EMCORE Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $3.24 -0.02 (-0.61 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$3.23Now: $3.24▼$3.3350-Day Range$3.21MA: $3.40▼$3.5852-Week Range$1.46Now: $3.24▼$3.97Volume90,972 shsAverage Volume91,789 shsMarket Capitalization$95.28 millionP/E RatioN/ADividend YieldN/ABeta0.97 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.85, EMCORE has a forecasted upside of 49.7% from its current price of $3.24.Amount of Analyst CoverageEMCORE has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesEMCORE has received 340 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEMCORE has received 348 “underperform” votes. (Add your “underperform” vote.)Community SentimentEMCORE has received 50.58% “underperform” votes from our community.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. 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 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EMCORE insiders have bought more of their company's stock than they have sold. Specifically, they have bought $48,897.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.40% of the stock of EMCORE is held by insiders.Percentage Held by Institutions55.64% 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 Earnings GrowthEarnings for EMCORE are expected to grow in the coming year, from ($0.34) to ($0.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EMCORE is -4.10, 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 -4.10, 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 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:EMKR Previous Symbol CUSIPN/A CIK808326 Webwww.emcore.com Phone626-293-3400Debt Debt-to-Equity RatioN/A Current Ratio3.04 Quick Ratio2.14Price-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 / Sales1.09 Cash FlowN/A Price / Cash FlowN/A Book Value$2.67 per share Price / Book1.21Profitability EPS (Most Recent Fiscal Year)($0.71) Net Income$-35,980,000.00 Net Margins-22.45% Return on Equity-23.14% Return on Assets-15.42%Miscellaneous EmployeesN/A Outstanding Shares29,408,000Market Cap$95.28 million Next Earnings Date12/2/2020 (Estimated) OptionableOptionable $3.24 -0.02 (-0.61 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive EMKR News and Ratings via Email Sign-up to receive the latest news and ratings for EMKR and its competitors with MarketBeat's FREE daily newsletter. 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EMKR shares have increased by 37.9% and is now trading at $3.24. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of EMCORE? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EMCORE in the last year. There are currently 2 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 Wednesday, December 2nd 2020. View our earnings forecast for EMCORE. How were EMCORE's earnings last quarter? EMCORE Co. (NASDAQ:EMKR) announced its quarterly earnings data on Wednesday, August, 5th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.11) by $0.08. The semiconductor company earned $27.27 million during the quarter, compared to the consensus estimate of $26.05 million. EMCORE had a negative return on equity of 23.14% and a negative net margin of 22.45%. View EMCORE's earnings history. What guidance has EMCORE issued on next quarter's earnings? EMCORE updated its fourth quarter 2020 After-Hours earnings guidance on Wednesday, August, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $29-31 million, compared to the consensus revenue estimate of $27.89 million. What price target have analysts set for EMKR? 2 analysts have issued 12 month price targets for EMCORE's shares. Their forecasts range from $4.70 to $5.00. On average, they expect EMCORE's share price to reach $4.85 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price. View analysts' price targets for EMCORE. Are investors shorting EMCORE? EMCORE saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 56,200 shares, an increase of 28.3% from the August 15th total of 43,800 shares. Based on an average daily trading volume, of 58,200 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the shares of the stock are sold short. View EMCORE's Short Interest. Who are some of EMCORE's key competitors? Some companies that are related to EMCORE include Canaan (CAN), Alpha and Omega Semiconductor (AOSL), DSP Group (DSPG), NeoPhotonics (NPTN), Applied Optoelectronics (AAOI), NVE (NVEC), AXT (AXTI), Atomera (ATOM), Spi Energy (SPI), Sequans Communications (SQNS), GSI Technology (GSIT), Resonant (RESN), POET Technologies (POETF), Kopin (KOPN) and Netlist (NLST). View all 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 NVIDIA (NVDA), QUALCOMM (QCOM), Pure Storage (PSTG), Riot Blockchain (RIOT), Enphase Energy (ENPH), Boeing (BA), Mastercard (MA), AT&T (T), Advanced Micro Devices (AMD) and Nokia Oyj (NOK). 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." Who are EMCORE's major shareholders? EMCORE's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Worth Venture Partners LLC (0.63%), Bridgeway Capital Management Inc. (0.54%), Adirondack Research & Management Inc. (0.44%), Bank of New York Mellon Corp (0.34%), Two Sigma Advisers LP (0.21%) and Russell Investments Group Ltd. (0.15%). Company insiders that own EMCORE stock include Jeffrey Rittichier and Stephen L Domenik. View institutional ownership trends for EMCORE. Which major investors are selling EMCORE stock? EMKR stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, and Two Sigma Advisers LP. View insider buying and selling activity for EMCORE. Which major investors are buying EMCORE stock? EMKR stock was acquired by a variety of institutional investors in the last quarter, including Worth Venture Partners LLC, Bridgeway Capital Management Inc., Adirondack Research & Management Inc., Heritage Investors Management Corp, and Russell Investments Group Ltd.. Company insiders that have bought EMCORE stock in the last two years include Jeffrey Rittichier, and Stephen L Domenik. View insider buying and selling activity for EMCORE. 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 $3.24. How big of a company is EMCORE? EMCORE has a market capitalization of $95.28 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 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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