Oclaro, Inc. designs, manufactures, and markets optical components, modules, and subsystems for the long-haul, metro, and data center markets worldwide. The company's products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, hyperscale data center operators, and datacom module manufacturers. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:OCLR
Previous Symbol
CUSIP67555N20
Phone408-383-1400
Debt
Debt-to-Equity RatioN/A
Current Ratio5.43
Quick Ratio4.59
Price-To-Earnings
Trailing P/E Ratio18.77
Forward P/E Ratio28.48
P/E Growth1.42
Sales & Book Value
Annual Sales$543.17 million
Price / Sales2.61
Cash Flow$0.6187 per share
Price / Cash Flow13.35
Book Value$3.47 per share
Price / Book2.38
Profitability
EPS (Most Recent Fiscal Year)$0.44
Net Income$62.45 million
Net Margins8.90%
Return on Equity9.44%
Return on Assets7.71%
Miscellaneous
Employees1,701
Outstanding Shares171,610,000
Market Cap$1.42 billion
OptionableOptionable
Oclaro (NASDAQ:OCLR) Frequently Asked Questions
What is Oclaro's stock symbol?
Oclaro trades on the NASDAQ under the ticker symbol "OCLR."
How were Oclaro's earnings last quarter?
Oclaro Inc (NASDAQ:OCLR) announced its earnings results on Thursday, November, 8th. The semiconductor company reported $0.07 earnings per share for the quarter, hitting analysts' consensus estimates of $0.07. The semiconductor company had revenue of $131.66 million for the quarter, compared to analyst estimates of $128.15 million. Oclaro had a return on equity of 9.44% and a net margin of 8.90%. View Oclaro's Earnings History.
When is Oclaro's next earnings date?
What price target have analysts set for OCLR?
13 brokerages have issued twelve-month target prices for Oclaro's shares. Their forecasts range from $6.50 to $12.00. On average, they anticipate Oclaro's share price to reach $9.4250 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price. View Analyst Price Targets for Oclaro.
What is the consensus analysts' recommendation for Oclaro?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oclaro in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Oclaro.
Has Oclaro been receiving favorable news coverage?
Press coverage about OCLR stock has trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Oclaro earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Are investors shorting Oclaro?
Oclaro saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 10,164,637 shares, an increase of 23.5% from the November 15th total of 8,233,217 shares. Based on an average trading volume of 1,407,007 shares, the short-interest ratio is currently 7.2 days. Currently, 6.1% of the shares of the company are sold short. View Oclaro's Current Options Chain.
Who are some of Oclaro's key competitors?
Some companies that are related to Oclaro include Monolithic Power Systems (MPWR), Mellanox Technologies (MLNX), Cypress Semiconductor (CY), First Solar (FSLR), Cree (CREE), United Microelectronics (UMC), Semiconductor Manufacturing Int'l (SMI), AU Optronics (AUO), SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Advantest (ATEYY), Semtech (SMTC), Finisar (FNSR), Cabot Microelectronics (CCMP) and Viavi Solutions (VIAV).
Who are Oclaro's key executives?
Oclaro's management team includes the folowing people:
- Mr. Gregory P. Dougherty, CEO & Director (Age 58)
- Mr. Pete J. Mangan, Chief Financial Officer (Age 59)
- Mr. Craig S. Cocchi, Chief Operating Officer (Age 53)
- Mr. David L. Teichmann, Exec. VP, Gen. Counsel & Corp. Sec. (Age 61)
- Mr. Yves LeMaitre, Chief Strategy Officer (Age 54)
Who are Oclaro's major shareholders?
Oclaro's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.59%), Vanguard Group Inc. (6.13%), Vanguard Group Inc (6.13%), Alpine Associates Management Inc. (2.04%), Bank of New York Mellon Corp (1.45%) and Teachers Advisors LLC (1.31%). Company insiders that own Oclaro stock include David Teichmann, Greg Dougherty, James Douglas Haynes, Lisa Paul, Michael H Fernicola and Thomas Gordon Beck Mason. View Institutional Ownership Trends for Oclaro.
Which major investors are selling Oclaro stock?
OCLR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, State of New Jersey Common Pension Fund D, GAM Holding AG, Highland Capital Management LP, SG Americas Securities LLC, Havens Advisors LLC, Pinnacle Associates Ltd. and Capital Fund Management S.A.. Company insiders that have sold Oclaro company stock in the last year include David Teichmann, Greg Dougherty and Lisa Paul. View Insider Buying and Selling for Oclaro.
Which major investors are buying Oclaro stock?
OCLR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Alpine Associates Management Inc., GABELLI & Co INVESTMENT ADVISERS INC., Vanguard Group Inc, Vanguard Group Inc., Alliancebernstein L.P. and Canada Pension Plan Investment Board. View Insider Buying and Selling for Oclaro.
How do I buy shares of Oclaro?
Shares of OCLR 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, Scottrade, Fidelity and Charles Schwab.
What is Oclaro's stock price today?
One share of OCLR stock can currently be purchased for approximately $8.26.
How big of a company is Oclaro?
Oclaro has a market capitalization of $1.42 billion and generates $543.17 million in revenue each year. The semiconductor company earns $62.45 million in net income (profit) each year or $0.44 on an earnings per share basis. Oclaro employs 1,701 workers across the globe.
What is Oclaro's official website?
How can I contact Oclaro?
Oclaro's mailing address is 225 CHARCOT AVENUE, SAN JOSE CA, 95131. The semiconductor company can be reached via phone at 408-383-1400 or via email at [email protected]
MarketBeat Community Rating for Oclaro (NASDAQ OCLR)
MarketBeat's community ratings are surveys of what our community members think about Oclaro and other stocks. Vote "Outperform" if you believe OCLR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OCLR will underperform the S&P 500 over the long term. You may vote once every thirty days.
