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 Ratio17.73
Forward P/E Ratio25.16
P/E Growth1.22
Sales & Book Value
Annual Sales$543.17 million
Price / Sales2.45
Cash Flow$0.6399 per share
Price / Cash12.19
Book Value$3.54 per share
Price / Book2.20
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 Shares170,690,000
Market Cap$1.29 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 quarterly earnings data on Monday, August, 13th. The semiconductor company reported $0.08 EPS for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.00. The semiconductor company earned $120.94 million during the quarter, compared to the consensus estimate of $120.22 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 equities research analysts have issued 1 year target prices for Oclaro's shares. Their forecasts range from $6.50 to $12.00. On average, they anticipate Oclaro's stock price to reach $9.4250 in the next twelve months. This suggests a possible upside of 20.8% 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?
News stories about OCLR stock have trended negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Oclaro earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.
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), Cree (CREE), First Solar (FSLR), SUMCO Corp/ADR (SUOPY), United Microelectronics (UMC), AU Optronics (AUO), Semiconductor Manufacturing Int'l (SMI), Silicon Laboratories (SLAB), Advantest (ATEYY), Semtech (SMTC), Cabot Microelectronics (CCMP), Finisar (FNSR) and Cirrus Logic (CRUS).
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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.59%), Alpine Associates Management Inc. (2.04%), Bank of New York Mellon Corp (1.45%), Teachers Advisors LLC (1.31%), Divisar Capital Management LLC (1.25%) and State of New Jersey Common Pension Fund D (0.70%). 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 institutional investors are selling Oclaro stock?
OCLR stock was sold by a variety of institutional investors in the last quarter, including 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., Capital Fund Management S.A. and Divisar Capital Management LLC. Company insiders that have sold Oclaro company stock in the last year include David Teichmann, Greg Dougherty, Lisa Paul and Thomas Gordon Beck Mason. View Insider Buying and Selling for Oclaro.
Which institutional investors are buying Oclaro stock?
OCLR stock was acquired 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., Alliancebernstein L.P., Canada Pension Plan Investment Board, Hsbc Holdings PLC and Gabelli Funds LLC. 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 $7.80.
How big of a company is Oclaro?
Oclaro has a market capitalization of $1.29 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.
