NASDAQ:OCC

Optical Cable (OCC) Stock Forecast, Price & News

$4.14

0.00 (0.00%)

(As of 06/2/2023 ET)

Compare

Today's Range: $4.14
▼
$4.14
50-Day Range: $3.99
▼
$4.55
52-Week Range: $3.26
▼
$4.85

Volume: 257 shs
Average Volume: 2,023 shs
Market Capitalization: $32.60 million

P/E Ratio: 24.37
Dividend Yield: N/A
Price Target: N/A

Optical Cable MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.28% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.59 out of 5 stars

Computer And Technology Sector

523rd out of 609 stocks

Nonferrous Wiredrawing & Insulating Industry

3rd out of 3 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Optical Cable.

4.0

Short Interest

Percentage of Shares Shorted
0.28% of the float of Optical Cable has been sold short.
Short Interest Ratio / Days to Cover
Optical Cable has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Optical Cable has recently decreased by 2.65%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
Optical Cable does not currently pay a dividend.
Dividend Growth
Optical Cable does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Optical Cable is 47.06%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OCC.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Optical Cable this week, compared to 1 article on an average week.
Search Interest
8 people have searched for OCC on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Optical Cable insiders have not sold or bought any company stock.
Percentage Held by Insiders
23.00% of the stock of Optical Cable is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 13.12% of the stock of Optical Cable is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Optical Cable is 24.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Optical Cable is 24.37, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 314.31.
Price to Book Value per Share Ratio
Optical Cable has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Optical Cable (NASDAQ:OCC) Stock

Optical Cable Corp. engages in manufacturing fiber optic and copper data communication cabling and connectivity solutions. Its products include fiber optic and copper cabling, hybrid cabling, fiber optic and copper connectors, specialty fiber optic, copper and hybrid connectors, fiber optic and copper patch cords, pre-terminated fiber optic and copper cable assemblies, racks, cabinets, datacom enclosures, patch panels, face plates, multimedia boxes, and fiber optic reels, and other cable and connectivity management accessories. The company was founded in 1983 and is headquartered in Roanoke, VA.

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OCC Stock News Headlines

June 2, 2023 | finance.yahoo.com

OCC - Optical Cable Corporation

June 1, 2023 | msn.com

5 Different Types of Electrical Cables: A Guide

June 3, 2023 | Behind the Markets (Ad)

WARNING TO ALL U.S. INVESTORS

May 16, 2023... The Day That Will Financially Paralyze 181 Million American Investors... Here are 3 steps to prepare yourself >>>

May 17, 2023 | marketwatch.com

The Fiber Bundle Fiber Optic Cable Market 2023 is Expected to Udergo Significant Changes Due to New Technologies and Other Industry Related Factors

April 19, 2023 | finance.yahoo.com

Has Optical Cable Corporation's (NASDAQ:OCC) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

April 13, 2023 | marketwatch.com

Ultra Low-loss Optical Fiber Market Detailed Synopsis and Opportunities

March 30, 2023 | marketwatch.com

Optical Fiber Cable Market Demand and Competitive Analysis by Key Players to 2030 | Corning, CommScope, General Cable, Belden

March 28, 2023 | marketwatch.com

Optical Fiber Cable Market Outlook and Forecast till 2030

June 3, 2023 | Behind the Markets (Ad)

WARNING TO ALL U.S. INVESTORS

May 16, 2023... The Day That Will Financially Paralyze 181 Million American Investors... Here are 3 steps to prepare yourself >>>

March 27, 2023 | marketwatch.com

Indoor Fiber Optic Cables Market Top Players By 2031

March 20, 2023 | marketwatch.com

Aerial Cables Market Top Players and Forecast till 2029

March 15, 2023 | finance.yahoo.com

Optical Cable First Quarter 2023 Earnings: EPS: US$0.10 (vs US$0.13 loss in 1Q 2022)

March 14, 2023 | finance.yahoo.com

Optical Cable Corporation (NASDAQ:OCC) Q1 2023 Earnings Call Transcript

March 14, 2023 | marketwatch.com

Breakout Fiber Cable Market is Booming in Near Future 2023-2028

March 14, 2023 | marketwatch.com

MPO Fiber Optic Connector Market Share Analysis, Environment Development Trend In 2023

March 14, 2023 | finance.yahoo.com

Q1 2023 Optical Cable Corp Earnings Call

March 13, 2023 | finance.yahoo.com

OPTICAL CABLE CORPORATION REPORTS FIRST QUARTER OF 2023 FINANCIAL RESULTS

March 9, 2023 | marketwatch.com

Fiber Optic Cables (Fiber-optic Cable) MarketSize Research Stories 2023-2028

March 8, 2023 | marketwatch.com

Fiber Optic Cable Assemblies Market : Industry Demand, Key Players Strategies, Size, SWOT Analysis and Forecast 2029

February 28, 2023 | marketwatch.com

The Future of Ultra High Density Optical Fiber Cables Market 2023: Challenging Traditional Approaches to Reach Highest Growth by 2029

February 24, 2023 | marketwatch.com

Tight Buffer Fiber Optic Cable Market Booming With Rising Demands and Massive Opportunities, 2023 - 2028

February 23, 2023 | marketwatch.com

Optical Fiber Cable Market Detailed Analysis of Current Scenario with Growth Forecasts to 2028

February 20, 2023 | marketwatch.com

Highlights 2028 Tight Buffer Fiber Optic Cable Market: Top Strategies for Success in a Changing World and Growth

February 16, 2023 | marketwatch.com

MPO Fiber Optic Connector Market Size 2023 With Presentation Outlook, Horizontal Viewpoint, Global View

February 16, 2023 | finance.yahoo.com

Fiber Optics Market Anticipated to Garner USD 13.7 Billion at a 7.1% CAGR by 2030 - Report by Market Research Future (MRFR)

February 10, 2023 | marketwatch.com

Tight Buffer Fiber Optic Cable Market to Grow Significantly by Leading Players 2023 to 2028

February 6, 2023 | finance.yahoo.com

Optical Cable (NASDAQ:OCC) Might Have The Makings Of A Multi-Bagger

See More Headlines

OCC Price History

30 days | 90 days | 365 days | Advanced Chart

OCC Company Calendar

Last Earnings: 3/13/2023
Today: 6/03/2023
Next Earnings (Estimated): 6/12/2023
Fiscal Year End: 10/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nonferrous wiredrawing & insulating
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:OCC
CUSIP: N/A
CIK: 1000230
Web: www.occfiber.com
Phone: (540) 265-0690
Fax: 540-265-0724
Employees: 322
Year Founded: 1983

Profitability

EPS (Most Recent Fiscal Year): $0.17
Trailing P/E Ratio: 24.37
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-350,000.00
Net Margins: 1.92%
Pretax Margin: 1.98%
Return on Equity: 6.42%
Return on Assets: 3.42%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 4.29
Quick Ratio: 1.41

Sales & Book Value

Annual Sales: $69.08 million
Price / Sales: 0.47
Cash Flow: $0.10 per share
Price / Cash Flow: 43.26
Book Value: $2.81 per share
Price / Book: 1.47

Miscellaneous

Outstanding Shares: 7,870,000
Free Float: 6,059,000
Market Cap: $32.60 million
Optionable: Not Optionable
Beta: 0.59

Social Links

Key Executives

Neil D. Wilkin
Chairman, President & Chief Executive Officer

Tracy G. Smith
Chief Financial Officer, Secretary & Senior VP

Andrew Siegel
Director-Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OCC Stock - Frequently Asked Questions

How have OCC shares performed in 2023?: Optical Cable's stock was trading at $4.42 at the beginning of the year. Since then, OCC shares have decreased by 6.3% and is now trading at $4.1428.
View the best growth stocks for 2023 here.
When is Optical Cable's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, June 12th 2023.
View our OCC earnings forecast.
How were Optical Cable's earnings last quarter?: Optical Cable Co. (NASDAQ:OCC) announced its earnings results on Monday, March, 13th. The communications equipment provider reported $0.10 earnings per share (EPS) for the quarter. The communications equipment provider had revenue of $18.28 million for the quarter. Optical Cable had a net margin of 1.92% and a trailing twelve-month return on equity of 6.42%.
What is Neil D. Wilkin Jr.'s approval rating as Optical Cable's CEO?: 9 employees have rated Optical Cable Chief Executive Officer Neil D. Wilkin Jr. on Glassdoor.com. Neil D. Wilkin Jr. has an approval rating of 23% among the company's employees. This puts Neil D. Wilkin Jr. in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Optical Cable own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Optical Cable investors own include Inovio Pharmaceuticals (INO), FuelCell Energy (FCEL), Co-Diagnostics (CODX), Inseego (INSG), Sierra Oncology (SRRA), Tonix Pharmaceuticals (TNXP), Vaxart (VXRT), AbbVie (ABBV), Achieve Life Sciences (ACHV) and Actinium Pharmaceuticals (ATNM).
What is Optical Cable's stock symbol?: Optical Cable trades on the NASDAQ under the ticker symbol "OCC."

Who are Optical Cable's major shareholders?: Optical Cable's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.35%), BlackRock Inc. (0.18%) and Core Wealth Partners LLC (0.13%).
View institutional ownership trends.
How do I buy shares of Optical Cable?: Shares of OCC stock 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 Optical Cable's stock price today?: One share of OCC stock can currently be purchased for approximately $4.14.
How much money does Optical Cable make?: Optical Cable (NASDAQ:OCC) has a market capitalization of $32.60 million and generates $69.08 million in revenue each year. The communications equipment provider earns $-350,000.00 in net income (profit) each year or $0.17 on an earnings per share basis.
How many employees does Optical Cable have?: The company employs 322 workers across the globe.
Does Optical Cable have any subsidiaries?: The following companies are subsidiares of Optical Cable: Applied Optical Systems Inc, Applied Optical Systems Inc., Centric Solutions LLC, and SMP Data Communications.
Read More
How can I contact Optical Cable?: Optical Cable's mailing address is 5290 CONCOURSE DRIVE, ROANOKE VA, 24019. The official website for the company is www.occfiber.com. The communications equipment provider can be reached via phone at (540) 265-0690, via email at occ-jfwbk@joelefrank.com, or via fax at 540-265-0724.

This page (NASDAQ:OCC) was last updated on 6/3/2023 by MarketBeat.com Staff

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