About Oclaro (NASDAQ:OCLR)
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, and hyperscale data center operators. 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
Industry Semiconductors & related devices
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:OCLR
CUSIP67555N20
Phone408-383-1400
Debt
Debt-to-Equity RatioN/A
Current Ratio4.48%
Quick Ratio3.64%
Price-To-Earnings
Trailing P/E Ratio10.91
Forward P/E Ratio19.02
P/E Growth1.49
Sales & Book Value
Annual Sales$600.97 million
Price / Sales2.31
Cash Flow$0.8355 per share
Price / Cash9.79
Book Value$3.06 per share
Price / Book2.67
Profitability
EPS (Most Recent Fiscal Year)$0.75
Net Income$127.85 million
Net Margins23.00%
Return on Equity23.17%
Return on Assets17.91%
Miscellaneous
Employees1,876
Outstanding Shares169,430,000
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) released its earnings results on Monday, February, 5th. The semiconductor company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The semiconductor company earned $139.30 million during the quarter, compared to the consensus estimate of $138.83 million. Oclaro had a net margin of 23.00% and a return on equity of 23.17%. The firm's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.21 earnings per share. View Oclaro's Earnings History.
When is Oclaro's next earnings date?
What price target have analysts set for OCLR?
16 Wall Street analysts have issued 12 month price targets for Oclaro's shares. Their forecasts range from $6.50 to $21.00. On average, they expect Oclaro's share price to reach $10.7167 in the next twelve months. View Analyst Ratings for Oclaro.
Are investors shorting Oclaro?
Oclaro saw a decrease in short interest in the month of March. As of March 15th, there was short interest totalling 15,350,584 shares, a decrease of 40.6% from the February 28th total of 25,863,944 shares. Based on an average trading volume of 13,911,919 shares, the days-to-cover ratio is presently 1.1 days. Currently, 9.3% of the company's stock are short sold.
Who are some of Oclaro's key competitors?
Some companies that are related to Oclaro include Cirrus Logic (CRUS), Amkor Technology (AMKR), SolarEdge (SEDG), Viavi Solutions (VIAV), Power Integrations (POWI), Dialog Semiconductor (DLGNF), Kulicke and Soffa Industries (KLIC), Finisar (FNSR), Silicon Motion (SIMO), Ambarella (AMBA), Synaptics (SYNA), MaxLinear (MXL), Diodes (DIOD), Rambus (RMBS), Inphi (IPHI), OSI Systems (OSIS), Himax (HIMX) and MACOM Technology Solutions (MTSI).
Who are Oclaro's key executives?
Oclaro's management team includes the folowing people:
- Mr. Gregory P. Dougherty, CEO, Director & Interim Pres of Integrated Photonics Bus. (Age 58)
- Mr. Pete J. Mangan, Chief Financial Officer (Age 59)
- Mr. David L. Teichmann, Exec. VP, Gen. Counsel & Corp. Sec. (Age 61)
- Mr. Yves LeMaitre, Chief Strategy Officer (Age 54)
- Dr. Adam Carter, Chief Commercial Officer (Age 54)
Has Oclaro been receiving favorable news coverage?
Media headlines about OCLR stock have been trending positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Oclaro earned a media sentiment score of 0.36 on Accern's scale. They also gave headlines about the semiconductor company an impact score of 48.19 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
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 $8.18.
How big of a company is Oclaro?
Oclaro has a market capitalization of $1.42 billion and generates $600.97 million in revenue each year. The semiconductor company earns $127.85 million in net income (profit) each year or $0.75 on an earnings per share basis. Oclaro employs 1,876 workers across the globe.
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 (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.
Oclaro (NASDAQ:OCLR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
16 Wall Street analysts have issued ratings and price targets for Oclaro in the last 12 months. Their average twelve-month price target is $10.7167, suggesting that the stock has a possible upside of 31.01%. The high price target for OCLR is $21.00 and the low price target for OCLR is $6.50. There are currently 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.38 | 2.38 | 2.92 | 3.17 |
| Ratings Breakdown: | 0 Sell Rating(s)
10 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
10 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
10 Buy Rating(s)
1 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
10 Buy Rating(s)
2 Strong Buy Rating(s) |
| Consensus Price Target: | $10.7167 | $10.4333 | $12.6667 | $13.3333 |
| Price Target Upside: | 31.01% upside | 3.06% upside | 74.95% upside | 54.32% upside |
Oclaro (NASDAQ:OCLR) Consensus Price Target History
Oclaro (NASDAQ:OCLR) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Oclaro (NASDAQ:OCLR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Oclaro (NASDAQ OCLR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 68.49%
Oclaro (NASDAQ OCLR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/15/2018 | Lisa Paul | EVP | Sell | 5,000 | $10.10 | $50,500.00 | 216,886 |  |
| 3/12/2018 | David Teichmann | EVP | Sell | 9,474 | $10.00 | $94,740.00 | 314,869 | |
| 3/12/2018 | Greg Dougherty | CEO | Sell | 80,000 | $9.79 | $783,200.00 | 1,312,157 | |
| 2/13/2018 | David Teichmann | EVP | Sell | 24,962 | $6.41 | $160,006.42 | 349,305 | |
| 12/14/2017 | Lisa Paul | EVP | Sell | 5,000 | $7.45 | $37,250.00 | 232,950 | |
| 11/30/2017 | Thomas Gordon Beck Mason | Insider | Sell | 39,255 | $7.22 | $283,421.10 | 171,226 | |
| 11/14/2017 | Michael H Fernicola | CAO | Sell | 7,016 | $6.21 | $43,569.36 | 81,378 | |
| 8/31/2017 | Lisa Paul | EVP | Sell | 12,182 | $8.45 | $102,937.90 | 246,090 | |
| 8/24/2017 | Greg Dougherty | CEO | Sell | 40,000 | $9.12 | $364,800.00 | 1,441,386 | |
| 8/14/2017 | Michael H Fernicola | Insider | Sell | 12,869 | $8.62 | $110,930.78 | 106,225 | |
| 8/11/2017 | David Teichmann | EVP | Sell | 20,132 | $8.37 | $168,504.84 | 422,126 | |
| 6/1/2017 | Lisa Paul | EVP | Sell | 5,000 | $9.17 | $45,850.00 | 183,460 | |
| 5/16/2017 | Thomas Gordon Beck Mason | Insider | Sell | 32,352 | $9.12 | $295,050.24 | 144,125 | |
| 5/12/2017 | Greg Dougherty | CEO | Sell | 40,000 | $9.00 | $360,000.00 | 1,220,619 | |
| 5/12/2017 | Michael H Fernicola | Insider | Sell | 5,067 | $8.77 | $44,437.59 | 61,292 | |
| 5/11/2017 | David Teichmann | EVP | Sell | 41,612 | $8.88 | $369,514.56 | 333,738 | |
| 3/17/2017 | Thomas Gordon Beck Mason | Insider | Sell | 62,563 | $9.24 | $578,082.12 | 182,426 | |
| 2/16/2017 | James Douglas Haynes | COO | Sell | 20,000 | $10.68 | $213,600.00 | 309,277 | |
| 2/14/2017 | Michael H Fernicola | Insider | Sell | 4,563 | $10.02 | $45,721.26 | 68,908 | |
| 12/13/2016 | Thomas Gordon Beck Mason | Insider | Sell | 7,566 | $8.35 | $63,176.10 | 253,338 | |
| 12/1/2016 | Lisa Paul | EVP | Sell | 5,000 | $8.79 | $43,950.00 | 207,474 | |
| 8/29/2016 | Lisa Paul | EVP | Sell | 9,363 | $7.69 | $72,001.47 | 218,264 | |
| 7/26/2016 | Adam Carter | Insider | Sell | 19,506 | $6.00 | $117,036.00 | 202,584 | |
| 10/19/2015 | Ltd Hitachi | Major Shareholder | Sell | 1,300,000 | $2.36 | $3,068,000.00 | 10,600,000 | |
| 8/31/2015 | Edward B Collins | Director | Buy | 10,000 | $2.75 | $27,500.00 | | |
| 8/24/2015 | Edward B Collins | Director | Buy | 10,000 | $2.50 | $25,000.00 | | |
| 5/26/2015 | Marissa T Peterson | Director | Buy | 75,000 | $2.20 | $165,000.00 | | |
| 5/22/2015 | Joel A Smith III | Director | Buy | 10,000 | $2.19 | $21,900.00 | | |
| 5/19/2015 | Greg Dougherty | CEO | Buy | 20,000 | $2.06 | $41,200.00 | | |
| 5/18/2015 | Edward B Collins | Director | Buy | 70,000 | $2.04 | $142,800.00 | | |
| 11/13/2013 | Jerry Turin | CFO | Sell | 30,000 | $2.20 | $66,000.00 | 66,188 | |
(Data available from 1/1/2013 forward)
Oclaro (NASDAQ OCLR) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Oclaro (OCLR) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 19 at 10:01 AM |
| Traders Purchase High Volume of Call Options on Oclaro (OCLR)
www.americanbankingnews.com - April 18 at 7:04 AM |
| Northland Securities Reaffirms Buy Rating for Oclaro (OCLR)
www.americanbankingnews.com - April 17 at 4:17 PM |
 | Silicon Valley suppliers fall after US companies are banned from selling to Chinese smartphone giant ZTE
www.bizjournals.com - April 17 at 10:51 AM |
 | Oclaro (OCLR): Short Term Arb Opportunity From ZTE Confusion - Piper Jaffray
www.streetinsider.com - April 17 at 10:51 AM |
 | Lumentum: Concerns Over Oclaro And ZTE Fallout
seekingalpha.com - April 17 at 10:51 AM |
 | Ciena Might Gain From U.S. Sales Ban On Chinese Gear Maker ZTE
finance.yahoo.com - April 17 at 10:51 AM |
| Oclaro (OCLR) Downgraded by ValuEngine
www.americanbankingnews.com - April 17 at 10:29 AM |
 | Wall St Higher as Syria Fears Ease, Earnings in Focus
www.nytimes.com - April 16 at 3:38 PM |
 | US STOCKS ON THE MOVE-Acacia Communications, WPP, Merck, Celldex
www.nasdaq.com - April 16 at 3:38 PM |
| US STOCKS ON THE MOVE-Oclaro, Eldorado Resorts, Navistar
www.nasdaq.com - April 16 at 3:38 PM |
 | Acacia, Oclaro Fall Off Cliff As US Blocks Sales to China's ZTE
www.barrons.com - April 16 at 3:38 PM |
| US bars China's telecom giant ZTE from buying US components
finance.yahoo.com - April 16 at 3:38 PM |
| Oclaro Inc. (OCLR) Has Fallen To A 1-Month Low
www.nasdaq.com - April 16 at 10:37 AM |
| BidaskClub Downgrades Oclaro (OCLR) to Sell
www.americanbankingnews.com - April 14 at 5:18 PM |
 | FMC Corp., Oclaro, Cisco Systems: 'Mad Money' Lightning Round
www.thestreet.com - April 14 at 11:34 AM |
| Oclaro's (OCLR) "Buy" Rating Reaffirmed at B. Riley
www.americanbankingnews.com - April 13 at 9:58 PM |
| Oclaro (OCLR) Given "Buy" Rating at Piper Jaffray
www.americanbankingnews.com - April 13 at 6:01 PM |
 | Here's Why Many Fiber-Optic Networking Stocks Fell Last Month While Oclaro Raced 33% Higher
www.msn.com - April 13 at 11:07 AM |
| Here's Why Many Fiber-Optic Networking Stocks Fell Last Month While Oclaro Raced 33% Higher
finance.yahoo.com - April 13 at 11:07 AM |
| Oclaro (OCLR) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 12 at 3:27 PM |
| Morgan Stanley Increases Oclaro (OCLR) Price Target to $10.00
www.americanbankingnews.com - April 11 at 9:23 AM |
| Zacks Investment Research Upgrades Oclaro (OCLR) to "Buy"
www.americanbankingnews.com - April 11 at 9:21 AM |
| Oclaro Sees Unusually Large Options Volume (OCLR)
www.americanbankingnews.com - April 10 at 7:44 AM |
| Position Close Update: Oclaro
seekingalpha.com - April 9 at 3:32 PM |
| Zacks: Analysts Anticipate Oclaro Inc. (OCLR) Will Announce Quarterly Sales of $127.34 Million
www.americanbankingnews.com - April 8 at 3:54 AM |
| Oclaro Inc. (OCLR) Expected to Announce Earnings of $0.08 Per Share
www.americanbankingnews.com - April 6 at 11:29 AM |
| FTC clears Lumentum's deal for Oclaro
seekingalpha.com - April 5 at 3:31 PM |
| Oclaro (OCLR) Receives Buy Rating from Northland Securities
www.americanbankingnews.com - April 2 at 6:26 PM |
| Jefferies Group Reaffirms "Buy" Rating for Oclaro (OCLR)
www.americanbankingnews.com - April 2 at 12:26 PM |
| Oclaro's (OCLR) "Buy" Rating Reiterated at DA Davidson
www.americanbankingnews.com - April 2 at 8:22 AM |
| Needham & Company LLC Downgrades Oclaro (OCLR) to Buy
www.americanbankingnews.com - April 2 at 7:18 AM |
| Oclaro (OCLR) Downgraded by Craig Hallum
www.americanbankingnews.com - April 2 at 12:30 AM |
| Oclaro (OCLR) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 1 at 11:52 AM |
 | OCLARO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates ...
www.businesswire.com - March 29 at 11:05 AM |
| OCLARO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Oclaro, Inc.
finance.yahoo.com - March 29 at 11:05 AM |
| Oclaro Inc. (OCLR) Short Interest Update
www.americanbankingnews.com - March 29 at 2:22 AM |
| Oclaro Inc. (OCLR) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 29 at 1:52 AM |
| Oclaro (OCLR) Now Covered by Analysts at UBS
www.americanbankingnews.com - March 26 at 11:36 AM |
| Intevac (IVAC) & Oclaro (OCLR) Head-To-Head Contrast
www.americanbankingnews.com - March 24 at 7:14 AM |
| Oclaro Inc. (OCLR) Expected to Announce Quarterly Sales of $126.95 Million
www.americanbankingnews.com - March 22 at 4:23 AM |
| $0.08 EPS Expected for Oclaro Inc. (OCLR) This Quarter
www.americanbankingnews.com - March 20 at 11:28 AM |
| Jim Cramer Weighs In On Camping World, Oclaro, AIG And More
finance.yahoo.com - March 20 at 10:29 AM |
| OCLARO, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Lumentum Holdings Inc. May be Unfair to Shareholders
finance.yahoo.com - March 19 at 3:40 PM |
| Oclaro's (OCLR) "Market Perform" Rating Reiterated at Raymond James Financial
www.americanbankingnews.com - March 18 at 11:32 AM |
| Oclaro (OCLR) Stock Rating Reaffirmed by B. Riley
www.americanbankingnews.com - March 18 at 11:08 AM |
| Oclaro (OCLR) Upgraded at UBS
www.americanbankingnews.com - March 17 at 9:58 PM |
| Oclaro Inc (OCLR) EVP Sells $50,500.00 in Stock
www.americanbankingnews.com - March 16 at 10:28 PM |
| Is the Options Market Predicting a Spike in Oclaro (OCLR) Stock? - Nasdaq
www.nasdaq.com - March 16 at 3:37 PM |
| Is the Options Market Predicting a Spike in Oclaro (OCLR) Stock?
finance.yahoo.com - March 16 at 10:59 AM |
Oclaro (NASDAQ:OCLR) SEC Filings
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Oclaro (NASDAQ:OCLR) Income Statement, Balance Sheet and Cash Flow Statement
Oclaro (NASDAQ OCLR) Stock Chart for Friday, April, 20, 2018
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