Oclaro, 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
- 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
- Net Margins: 8.83%
- Return on Equity: 23.12%
- Return on Assets: 14.46%
Companies Related to Oclaro:
- Current Ratio: 3.73%
- Quick Ratio: 3.07%
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.