Oclaro Company Profile (NASDAQ:OCLR)

About Oclaro

Oclaro logoOclaro, Inc. is a provider of optical components, modules and subsystems for the core optical transport, service provider, enterprise and data center markets. The Company provides various solutions for optical networks and interconnects driving the next wave of streaming video, cloud computing, application virtualization and other bandwidth-intensive and high-speed applications. The Company's product offerings include client side transceivers, line side transceivers, tunable laser transmitters, lithium niobate modulators, transponder modules, and discrete lasers and receivers. It designs, manufactures and markets optical components, modules and subsystems that generate, detect, combine and separate light signals in optical communications networks. The Company supplies transmission products at the component level and the module level into 10 gigabits per second (Gb/s), 40 Gb/s and 100 Gb/s communications solutions.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor Equipment & Materials
  • Sub-Industry: Communications Equipment
  • Exchange: NASDAQ
  • Symbol: OCLR
  • CUSIP: 67555N20
Key Metrics:
  • Previous Close: $9.23
  • 50 Day Moving Average: $9.50
  • 200 Day Moving Average: $8.65
  • 52-Week Range: $3.86 - $11.30
  • Trailing P/E Ratio: 27.80
  • Foreward P/E Ratio: 11.26
  • P/E Growth: 0.84
  • Market Cap: $1.54B
  • Outstanding Shares: 166,590,000
  • Beta: 1.8
Profitability:
  • Net Margins: 8.83%
  • Return on Equity: 23.12%
  • Return on Assets: 14.46%
Debt:
  • Current Ratio: 3.73%
  • Quick Ratio: 3.07%
Additional Links:
Companies Related to Oclaro:

Analyst Ratings

Consensus Ratings for Oclaro (NASDAQ:OCLR) (?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $11.42 (23.69% upside)

Analysts' Ratings History for Oclaro (NASDAQ:OCLR)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Jefferies Group LLCReiterated RatingBuy$14.00View Rating Details
2/23/2017Needham & Company LLCReiterated RatingStrong-Buy$14.00View Rating Details
2/3/2017B. RileyReiterated RatingBuy$15.50View Rating Details
2/1/2017Piper Jaffray CompaniesBoost Price TargetOverweight$13.00 -> $15.00View Rating Details
1/23/2017Stifel NicolausReiterated RatingBuy$12.00View Rating Details
12/22/2016MKM PartnersReiterated RatingBuyView Rating Details
8/8/2016Cowen and CompanyInitiated CoverageOutperform$9.00View Rating Details
4/8/2016Drexel HamiltonInitiated CoverageHoldView Rating Details
3/28/2016Northland SecuritiesBoost Price TargetOutperform$5.00 -> $6.50View Rating Details
3/28/2016Craig HallumBoost Price TargetBuy$5.25 -> $5.75View Rating Details
12/18/2015Barrington ResearchInitiated CoverageOutperform$4.50View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Oclaro (NASDAQ:OCLR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
1/31/2017Q217$0.18$0.21$150.53 million$153.90 millionViewN/AView Earnings Details
11/1/2016Q117$0.10$0.14$131.65 million$135.50 millionViewN/AView Earnings Details
8/3/2016Q416$0.06$0.11$119.41 million$125.20 millionViewN/AView Earnings Details
5/3/2016Q316$0.01$0.03$98.50 million$101.10 millionViewN/AView Earnings Details
2/2/2016Q216($0.01)$0.03$91.49 million$94.10 millionViewN/AView Earnings Details
11/3/2015Q116($0.05)($0.02)$85.61 million$87.50 millionViewN/AView Earnings Details
8/4/2015Q415($0.09)($0.06)$81.41 million$82.19 millionViewN/AView Earnings Details
5/5/2015Q315($0.11)($0.09)$83.70 million$83.02 millionViewListenView Earnings Details
2/3/2015Q215($0.13)($0.09)$84.66 million$86.80 millionViewN/AView Earnings Details
11/4/2014Q115($0.15)($0.14)$87.40 million$89.20 millionViewN/AView Earnings Details
8/13/2014Q414($0.15)($0.23)$96.36 million$95.90 millionViewN/AView Earnings Details
5/6/2014Q314($0.16)($0.17)$98.79 million$95.39 millionViewN/AView Earnings Details
2/4/2014Q214($0.27)($0.29)$98.03 million$102.90 millionViewN/AView Earnings Details
11/4/2013Q114($0.34)($0.30)$136.45 million$138.90 millionViewN/AView Earnings Details
9/16/2013Q413($0.36)($0.33)$137.50 million$136.10 millionViewN/AView Earnings Details
5/7/2013Q3 2013($0.33)($0.37)$148.14 million$141.64 millionViewN/AView Earnings Details
1/31/2013Q2 2013($0.25)($0.28)$154.28 million$159.50 millionViewN/AView Earnings Details
11/5/2012Q113($0.29)($0.39)$149.10 million$148.80 millionViewN/AView Earnings Details
1/26/2012($0.38)($0.35)ViewN/AView Earnings Details
11/9/2011($0.23)($0.21)ViewN/AView Earnings Details
7/28/2011($0.15)($0.75)ViewN/AView Earnings Details
4/28/2011$0.06($0.08)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Oclaro (NASDAQ:OCLR)
Current Year EPS Consensus Estimate: $0.76 EPS
Next Year EPS Consensus Estimate: $0.82 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.01)$0.00($0.01)
Q2 20161$0.03$0.03$0.03
Q3 20161$0.04$0.04$0.04
Q4 20161$0.04$0.04$0.04
Q1 20173$0.05$0.09$0.08
Q2 20173$0.13$0.22$0.19
Q3 20173$0.11$0.18$0.15
Q4 20173$0.13$0.19$0.17
Q1 20183$0.14$0.19$0.17
Q2 20183$0.15$0.22$0.18
Q3 20183$0.13$0.17$0.15
Q4 20183$0.15$0.20$0.18
Q1 20191$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Oclaro (NASDAQ:OCLR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Oclaro (NASDAQ:OCLR)
Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 63.47%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/16/2017James Douglas HaynesCOOSell20,000$10.68$213,600.00View SEC Filing  
2/14/2017Michael H FernicolaInsiderSell4,563$10.02$45,721.26View SEC Filing  
12/13/2016Thomas Gordon Beck MasonInsiderSell7,566$8.35$63,176.10View SEC Filing  
12/1/2016Lisa PaulEVPSell5,000$8.79$43,950.00View SEC Filing  
8/29/2016Lisa PaulEVPSell9,363$7.69$72,001.47View SEC Filing  
7/26/2016Adam CarterInsiderSell19,506$6.00$117,036.00View SEC Filing  
10/19/2015Ltd HitachiMajor ShareholderSell1,300,000$2.36$3,068,000.00View SEC Filing  
8/31/2015Edward B CollinsDirectorBuy10,000$2.75$27,500.00View SEC Filing  
8/24/2015Edward B CollinsDirectorBuy10,000$2.50$25,000.00View SEC Filing  
5/26/2015Marissa T PetersonDirectorBuy75,000$2.20$165,000.00View SEC Filing  
5/22/2015Joel A Smith IIIDirectorBuy10,000$2.19$21,900.00View SEC Filing  
5/19/2015Greg DoughertyCEOBuy20,000$2.06$41,200.00View SEC Filing  
5/18/2015Edward B CollinsDirectorBuy70,000$2.04$142,800.00View SEC Filing  
11/13/2013Jerry TurinCFOSell30,000$2.20$66,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Oclaro (NASDAQ:OCLR)
DateHeadline
News IconAnalyst Observation On 2 Stocks: Coeur Mining, Inc. (CDE), Oclaro ... - Post Analyst (NASDAQ:OCLR)
postanalyst.com - February 24 at 8:05 PM
News IconAre Analysts Optimistic About Where Oclaro, Inc. (NASDAQ:OCLR) is Heading? - Winfield Review (NASDAQ:OCLR)
winfieldreview.com - February 24 at 8:05 PM
News IconActive Stocks in Review: Oclaro, Inc. (NASDAQ:OCLR), Whiting Petroleum Corp. (NYSE:WLL) - The Newburgh Press (NASDAQ:OCLR)
newburghpress.com - February 24 at 8:05 PM
News IconWhite supremacist Richard Spencer booted, 'alt-right' called anti-Semitic at conservative conference (NASDAQ:OCLR)
nyhetsbanken.info - February 24 at 8:53 AM
News IconGoogle's Waymo sues Uber over self-driving auto technology (NASDAQ:OCLR)
ekosvoice.com - February 24 at 8:53 AM
News IconUSA oil production hits 9 million barrels per day (NASDAQ:OCLR)
eleganthomesinla.com - February 24 at 12:04 AM
marketwatch.com logoStock Options Reports for Comcast, Newmont Mining Corporation, Oclaro Inc., Texas Roadhouse and Williams Companies. (NASDAQ:OCLR)
www.marketwatch.com - February 24 at 12:04 AM
News IconWhat Oclaro, Inc. (OCLR) And Its Chart Reveal Today | NY Stock News - NY Stock News (NASDAQ:OCLR)
nystocknews.com - February 23 at 7:04 PM
thestreet.com logoBears Are Getting Squeezed Once Again (NASDAQ:OCLR)
realmoney.thestreet.com - February 23 at 7:04 PM
News IconBrokerages Set Oclaro, Inc. (OCLR) PT at $11.31 (NASDAQ:OCLR)
www.lightwaveonline.com - February 20 at 6:18 PM
forbes.com logoOclaro Is Cheap Here, Will Not Remain So For Long (NASDAQ:OCLR)
www.forbes.com - February 19 at 6:20 AM
News IconOclaro, Inc. (OCLR): An Examination Of The Chart For Today's Session - NY Stock News (NASDAQ:OCLR)
nystocknews.com - February 18 at 6:10 PM
News IconOclaro, Inc. (OCLR) Stake Lowered by Folger Hill Asset Management LP (NASDAQ:OCLR)
www.lightwaveonline.com - February 18 at 11:49 AM
feeds.benzinga.com logoBenzinga's Option Alert Recap From February 17 (NASDAQ:OCLR)
feeds.benzinga.com - February 17 at 6:51 PM
finance.yahoo.com logoAutodesk (ADSK) Hits 52-Week High on Solid Growth Drivers (NASDAQ:OCLR)
finance.yahoo.com - February 17 at 4:39 PM
News IconStock Under Review: Oclaro, Inc. (NASDAQ:OCLR) - The Oracle Examiner (NASDAQ:OCLR)
oracleexaminer.com - February 17 at 8:19 AM
fool.com logoBetter Buy: Infinera Corporation vs. Oclaro Inc. -- The Motley Fool - Motley Fool (NASDAQ:OCLR)
www.fool.com - February 16 at 6:33 PM
finance.yahoo.com logoApple Reaches All-Time High on Dividend Hike & Buyback Talks (NASDAQ:OCLR)
finance.yahoo.com - February 16 at 6:33 PM
us.rd.yahoo.com logoTwitter (TWTR) Rises as CEO Buys Shares Worth $7 Million (NASDAQ:OCLR)
us.rd.yahoo.com - February 16 at 6:33 PM
News IconStock Chatter: Oclaro, Inc (NASDAQ:OCLR)
www.graffiotech.com - February 14 at 10:19 PM
feeds.benzinga.com logoMid-Afternoon Market Update: Dow Rises Over 50 Points; Hibbett Shares Slide On Weak Outlook (NASDAQ:OCLR)
feeds.benzinga.com - February 14 at 3:34 PM
finance.yahoo.com logoFacebook Agrees to MRC Audit Following Ad Data Discrepancy (NASDAQ:OCLR)
finance.yahoo.com - February 13 at 9:40 AM
finance.yahoo.com logoOCLARO, INC. Financials (NASDAQ:OCLR)
finance.yahoo.com - February 10 at 7:56 PM
News Icon1,048,202 Shares in Oclaro, Inc. (OCLR) Acquired by D. E. Shaw & Co. Inc. (NASDAQ:OCLR)
www.lightwaveonline.com - February 10 at 1:06 AM
biz.yahoo.com logoOCLARO, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:OCLR)
biz.yahoo.com - February 8 at 7:53 PM
News IconStocks Roundup – Oclaro, Inc. (NASDAQ:OCLR), Enbridge Inc (USA) (NYSE:ENB) - Financial Breaking News (NASDAQ:OCLR)
wsbreakingnews.com - February 7 at 12:04 AM
seekingalpha.com logoWill 2017 Be The Year Oclaro Shines? - Seeking Alpha (NASDAQ:OCLR)
seekingalpha.com - February 7 at 12:04 AM
News IconOclaro, Inc. (OCLR) Rating Reiterated by Needham & Company LLC (NASDAQ:OCLR)
www.lightwaveonline.com - February 5 at 12:01 AM
News IconOclaro, Inc. (NASDAQ:OCLR) Mean Price Target At $13.388 ... - Transcript Daily (NASDAQ:OCLR)
transcriptdaily.com - February 4 at 7:00 PM
News IconQuarterly EPS analysis of Oclaro, Inc. (NASDAQ:OCLR) - The Newburgh Press (NASDAQ:OCLR)
newburghpress.com - February 3 at 7:45 PM
News IconEarnings Forecast Research on Oclaro, Inc. (OCLR) - Highland Mirror (NASDAQ:OCLR)
www.highlandmirror.com - February 3 at 5:58 AM
schaeffersresearch.com logoOclaro, Inc.'s (OCLR) Post-Earnings Pullback Not Cause for Concern - Schaeffers Research (blog) (NASDAQ:OCLR)
www.schaeffersresearch.com - February 3 at 5:58 AM
News IconUnited Services Automobile Association Cuts Position in Oclaro, Inc. (OCLR) (NASDAQ:OCLR)
www.lightwaveonline.com - February 2 at 7:53 PM
News IconFuller & Thaler Asset Management Inc. Sells 20,500 Shares of Oclaro, Inc. (OCLR) (NASDAQ:OCLR)
www.lightwaveonline.com - February 2 at 1:09 AM
News IconInfluential Analyst Rating Changes: Oclaro, Inc. (NASDAQ:OCLR), SUPERVALU Inc. (NYSE:SVU) (NASDAQ:OCLR)
hypelee.com - February 1 at 8:08 PM
News IconOclaro, Inc. (OCLR) Shares Bought by Jane Street Group LLC (NASDAQ:OCLR)
eleganthomesinla.com - February 1 at 8:08 PM
finance.yahoo.com logoEdited Transcript of OCLR earnings conference call or presentation 31-Jan-17 10:00pm GMT (NASDAQ:OCLR)
finance.yahoo.com - February 1 at 6:15 AM
News IconOclaro, Inc. (OCLR): What's the Story? - StockNewsJournal (NASDAQ:OCLR)
stocknewsjournal.com - February 1 at 12:59 AM
News IconOclaro, Inc. (NASDAQ:OCLR) to Post $0.19 Earnings Per Share: Analysts - Wall Street Beacon (NASDAQ:OCLR)
wsbeacon.com - February 1 at 12:59 AM
nasdaq.com logoOclaro Inc. Q2 Profit Climbs 1056% - NASDAQ.com - Nasdaq (NASDAQ:OCLR)
www.nasdaq.com - February 1 at 12:59 AM
rttnews.com logoOclaro Inc. Q2 Profit Climbs 1056% (NASDAQ:OCLR)
www.rttnews.com - January 31 at 7:58 PM
News IconAs Oclaro INC (OCLR) Stock Value Rose, Hood River Capital Management LLC Has Lowered Stake (NASDAQ:OCLR)
randolphguide.com - January 31 at 7:58 PM
us.rd.yahoo.com logoOclaro Announces Second Quarter Fiscal Year 2017 Financial Results (NASDAQ:OCLR)
us.rd.yahoo.com - January 31 at 7:58 PM
us.rd.yahoo.com logoOclaro Slips Despite Upbeat FYQ3 Rev View (NASDAQ:OCLR)
us.rd.yahoo.com - January 31 at 7:58 PM
us.rd.yahoo.com logoOclaro Revenue, Operating Income Guidance Beat, But Stock Falls (NASDAQ:OCLR)
us.rd.yahoo.com - January 31 at 7:58 PM
sg.finance.yahoo.com logoOclaro beats Street 2Q forecasts (NASDAQ:OCLR)
sg.finance.yahoo.com - January 31 at 7:58 PM
seekingalpha.com logoOclaro: Is The Rally Heading To An End? - Seeking Alpha (NASDAQ:OCLR)
seekingalpha.com - January 31 at 8:01 AM
biz.yahoo.com logoQ2 2017 Oclaro Inc Earnings Release - After Market Close (NASDAQ:OCLR)
biz.yahoo.com - January 31 at 8:01 AM
realistinvestor.com logoEPS Projection Of Oclaro, Inc. (NASDAQ:OCLR) At $0.17 - RealistInvestor.com (NASDAQ:OCLR)
www.realistinvestor.com - January 29 at 7:29 PM
News IconThe Technical Case for and Against Oclaro, Inc. (OCLR) | The USA ... - The USA Commerce (NASDAQ:OCLR)
theusacommerce.com - January 29 at 12:08 AM

Social

What is Oclaro's stock symbol?

Oclaro trades on the NASDAQ under the ticker symbol "OCLR."

Where is Oclaro's stock going? Where will Oclaro's stock price be in 2017?

10 brokerages have issued 12 month price objectives for Oclaro's stock. Their forecasts range from $5.75 to $15.50. On average, they anticipate Oclaro's stock price to reach $11.42 in the next twelve months.

When will Oclaro announce their earnings?

Oclaro is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about Oclaro stock?

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

  • Piper Jaffray Companies analysts commented, "Oclaro reported FQ2 results in-line with the company's positive preannouncement, and provided upbeat FQ3 guidance, with revenues, gross margin and operating income all coming in ahead of consensus expectations. Following these strong results, we believe Oclaro remains one of the best positioned optical companies to see this momentum continue throughout 2017, and believe sustained strength in China and ramping US Metro and Datacom orders represent three meaningful catalysts over the next several quarters. While we took our estimates higher, we believe upside still exists to this forecast due to OCLR's CFP2-ACO leadership, as well as management's history of providing conservative guidance. Given our positive 12 month outlook, we are reiterating our Overweight rating and increasing our price target from $13 to $15." (2/1/2017)
  • Jefferies Group LLC analysts commented, "CAVM reported 4Q results of $226M/$0.56, topping consensus ests of $225M/$0.54. Mgmt guided 1Q to $227M/$0.56, ahead of the Street’s $225M/$0.53 ests largely due to a favorable tax benefit. 1Q GM guidance of 66.0% was ~30bps ahead of consensus and expected to expand through 2017 as QLGC inventory issues abate. Mgmt noted all legacy-CAVM greenfield products are expected to grow meaningfully in 2017, driving 2/3 of legacy-CAVM growth, with core Octeon accounting for the remaining 1/3. Net, we forecast legacy-CAVM to grow 15-20% Y/Y in 2017 while QLGC grows ~8%." (2/1/2017)

  • According to Zacks Investment Research, "Oclaro, with headquarters in San Jose, California, is a tier 1 provider of high performance optical components, modules and subsystems to the telecommunications market, and is one of the largest providers to metro and long haul network applications. Oclaro, the result of the combination of Bookham, Inc. and Avanex Corporation, leverages proprietary core technologies and vertically integrated product development to provide its customers with cost-effective and innovative optical devices, modules and subsystems. Its photonic technologies also serve selected potential high growth markets, including industrial, defense, life sciences, semiconductor, and scientific, with diversification providing both significant potential revenue streams and strategic technological advantage. Oclaro is a global company, with leading chip fabrication facilities in the UK, Switzerland and Italy, and manufacturing sites in the US, Thailand and China. " (1/21/2017)

Who owns Oclaro stock?

Oclaro's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Kopp Family Office, LLC (5.20%), Dimensional Fund Advisors LP (1.38%), State Street Corp (1.32%), FMR LLC (0.90%), Cavalry Management Group LLC (0.76%) and Royce & Associates LP (0.69%). Company insiders that own Oclaro stock include Adam Carter, Edward B Collins, Greg Dougherty, James Douglas Haynes, Joel A Smith III, Lisa Paul, Ltd Hitachi, Marissa T Peterson, Michael H Fernicola and Thomas Gordon Beck Mason.

Who sold Oclaro stock? Who is selling Oclaro stock?

Oclaro's stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Bogle Investment Management L P DE, Renaissance Technologies LLC, Two Sigma Investments LP, Folger Hill Asset Management LP, Castleark Management LLC, FMR LLC and Barometer Capital Management Inc.. Company insiders that have sold Oclaro stock in the last year include Adam Carter, James Douglas Haynes, Lisa Paul, Michael H Fernicola and Thomas Gordon Beck Mason.

Who bought Oclaro stock? Who is buying Oclaro stock?

Oclaro's stock was purchased by a variety of institutional investors in the last quarter, including Cavalry Management Group LLC, Dimensional Fund Advisors LP, Royce & Associates LP, Advisory Research Inc., Marshall Wace LLP, State Street Corp, Foresters Investment Management Company Inc. and Systematic Financial Management LP. Company insiders that have bought Oclaro stock in the last two years include Edward B Collins, Greg Dougherty, Joel A Smith III and Marissa T Peterson.

How do I buy Oclaro stock?

Shares of Oclaro can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Oclaro stock cost?

One share of Oclaro stock can currently be purchased for approximately $9.23.

Oclaro (NASDAQ:OCLR) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Oclaro (NASDAQ:OCLR)

Earnings History Chart

Earnings by Quarter for Oclaro (NASDAQ:OCLR)

Dividend History Chart

Dividend Payments by Quarter for Oclaro (NASDAQ:OCLR)

Last Updated on 2/24/2017 by MarketBeat.com Staff