S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:EMKR

EMCORE (EMKR) Stock Forecast, Price & News

$3.11
-0.02 (-0.64%)
(As of 05/20/2022 04:00 PM ET)
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Compare
Today's Range
$3.02
$3.20
50-Day Range
$3.07
$3.83
52-Week Range
$3.02
$10.87
Volume
242,498 shs
Average Volume
439,228 shs
Market Capitalization
$116.69 million
P/E Ratio
6.48
Dividend Yield
N/A
Beta
1.33
30 days | 90 days | 365 days | Advanced Chart
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EMCORE logo

About EMCORE

EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. It operates in two segments, Aerospace and Defense, and Broadband. The company offers navigation system and inertial sensing products, such as fiber optic gyros products that includes gyroscopes, inertial measurement units (IMU), and inertial navigation systems (INS), as well as QMEMS gyroscopes, accelerometers, IMUs, and INS products primarily for the aerospace and defense markets; and defense optoelectronics comprising optiva platform fiber optic transport systems and erbium doped fiber amplifiers, as well as ruggedized microwave flange-mount transmitters, receivers, and optical delay line products. It also provides cable TV (CATV) lasers and transmitters that are used in forward-and return-path broadband, subassembly components, analog fiber-optic transmitters, quadrature amplitude modulation transmitters, and CATV fiber amplifiers. In addition, the company offers high-power gain chips products, photodiode products, and GPON fiber-to-the-premises (FTTP) and data center chip products for the telecommunication markets; and lasers, receivers, and photodetector components for wireless, distributed sensing, and light detecting and ranging applications. It serves CATV, optical sensing, telecom, data center, and navigation and defense optoelectronics markets. 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.

Headlines

EMCORE Reports Fiscal 2022 Second Quarter Results
EMCORE Q2 2022 Earnings Preview - Seeking Alpha
See More Headlines

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:EMKR
Employees
365
Year Founded
N/A

Sales & Book Value

Annual Sales
$158.44 million
Cash Flow
$0.65 per share
Book Value
$3.73 per share

Profitability

Net Income
$25.64 million
Pretax Margin
11.91%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,808,000
Market Cap
$116.69 million
Optionable
Optionable

Company Calendar

Last Earnings
5/04/2022
Today
5/20/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
9/30/2022

MarketRank

Overall MarketRank

2.50 out of 5 stars

Computer And Technology Sector

210th out of 924 stocks

Semiconductors & Related Devices Industry

34th out of 124 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -













EMCORE (NASDAQ:EMKR) Frequently Asked Questions

Is EMCORE a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EMCORE in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EMCORE stock.
View analyst ratings for EMCORE
or view top-rated stocks.

Are investors shorting EMCORE?

EMCORE saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,650,000 shares, an increase of 36.4% from the April 15th total of 1,210,000 shares. Based on an average daily trading volume, of 484,000 shares, the short-interest ratio is presently 3.4 days. Approximately 4.6% of the company's shares are short sold.
View EMCORE's Short Interest
.

When is EMCORE's next earnings date?

EMCORE is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for EMCORE
.

How were EMCORE's earnings last quarter?

EMCORE Co. (NASDAQ:EMKR) issued its quarterly earnings data on Wednesday, May, 4th. The semiconductor company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.05. EMCORE had a trailing twelve-month return on equity of 10.86% and a net margin of 11.69%. During the same period in the prior year, the firm posted $0.15 EPS.
View EMCORE's earnings history
.

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

EMCORE updated its third quarter 2022 earnings guidance on Monday, May, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $25.00 million-$27.00 million, compared to the consensus revenue estimate of $33.09 million.

What price target have analysts set for EMKR?

2 brokers have issued 1 year price objectives for EMCORE's stock. Their forecasts range from $4.50 to $16.00. On average, they anticipate EMCORE's share price to reach $10.25 in the next year. This suggests a possible upside of 229.6% from the stock's current price.
View analysts' price targets for EMCORE
or view top-rated stocks among Wall Street analysts.

Who are EMCORE's key executives?
EMCORE's management team includes the following people:
  • Mr. Jeffrey S. Rittichier, CEO, Pres & Director (Age 62, Pay $1M)
  • Mr. Thomas P. Minichiello, Chief Financial Officer (Age 63, Pay $606.09k)
  • Mr. Albert Lu, Sr. VP and Gen. Mang. of Aerospace & Defense (Age 45, Pay $550.96k)
  • Mr. Iain Black, Sr. VP of Operations (Age 57)
  • Mr. Mark A. Gordon, Director of Accounting (Age 59)
  • Dr. Hank Blauvelt Ph.D., Chief Technology Officer
  • Mr. Ryan Hochgesang, VP, Gen. Counsel & Sec.
  • Mr. David Wojciechowski, VP of Sales, Marketing & Bus. Devel. (Age 59)
  • Mr. Marc Cavagnolo, VP of Corp. Devel.
What is Hong Q. Hou's approval rating as EMCORE's CEO?

26 employees have rated EMCORE CEO Hong Q. Hou on Glassdoor.com. Hong Q. Hou has an approval rating of 43% among EMCORE'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 Blockchain (RIOT), Enphase Energy (ENPH), Boeing (BA), Mastercard (MA), AT&T (T), Advanced Micro Devices (AMD) and Nokia Oyj (NOK).

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 Cannell Capital LLC (9.92%), BlackRock Inc. (6.13%), Vanguard Group Inc. (4.68%), Dimensional Fund Advisors LP (3.59%), Renaissance Technologies LLC (3.03%) and Penserra Capital Management LLC (2.43%). Company insiders that own EMCORE stock include Jeffrey Rittichier, Rex S Jackson and Stephen L Domenik.
View institutional ownership trends for EMCORE
.

Which institutional investors are selling EMCORE stock?

EMKR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., BlackRock Inc., Penserra Capital Management LLC, Vanguard Group Inc., JPMorgan Chase & Co., HighTower Advisors LLC, Principal Financial Group Inc., and Citigroup Inc.. Company insiders that have sold EMCORE company stock in the last year include Jeffrey Rittichier, and Rex S Jackson.
View insider buying and selling activity for EMCORE
or view top insider-selling stocks.

Which institutional investors are buying EMCORE stock?

EMKR stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Acadian Asset Management LLC, Renaissance Technologies LLC, Engineers Gate Manager LP, Walleye Capital LLC, Cannell Capital LLC, Dimensional Fund Advisors LP, and SkyView Investment Advisors LLC. 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is EMCORE's stock price today?

One share of EMKR stock can currently be purchased for approximately $3.11.

How much money does EMCORE make?

EMCORE has a market capitalization of $116.69 million and generates $158.44 million in revenue each year. The semiconductor company earns $25.64 million in net income (profit) each year or $0.479990 on an earnings per share basis.

How many employees does EMCORE have?

EMCORE employs 365 workers across the globe.

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, via email at [email protected], or via fax at 626-293-3428.

This page was last updated on 5/21/2022 by MarketBeat.com Staff

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