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
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:OCLR
CUSIP67555N20
Phone408-383-1400
Debt
Debt-to-Equity RatioN/A
Current Ratio4.74
Quick Ratio3.86
Price-To-Earnings
Trailing P/E Ratio12.04
Forward P/E Ratio20.52
P/E Growth1.87
Sales & Book Value
Annual Sales$600.97 million
Price / Sales2.56
Cash Flow$0.8575 per share
Price / Cash10.53
Book Value$3.06 per share
Price / Book2.95
Profitability
EPS (Most Recent Fiscal Year)$0.75
Net Income$127.85 million
Net Margins19.60%
Return on Equity17.65%
Return on Assets13.93%
Miscellaneous
Employees1,876
Outstanding Shares170,210,000
Market Cap$1,537.02
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 Tuesday, May, 8th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The semiconductor company earned $127.30 million during the quarter, compared to the consensus estimate of $124.37 million. Oclaro had a return on equity of 17.65% and a net margin of 19.60%. The firm's revenue for the quarter was down 21.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.23 EPS. View Oclaro's Earnings History.
When is Oclaro's next earnings date?
What price target have analysts set for OCLR?
14 brokerages have issued 1-year price targets for Oclaro's stock. Their forecasts range from $6.50 to $12.00. On average, they anticipate Oclaro's share price to reach $9.7885 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Ratings for Oclaro.
What is the consensus analysts' recommendation for Oclaro?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oclaro in the last year. There are currently 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Oclaro's key competitors?
Some companies that are related to Oclaro include Cavium (CAVM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), SUMCO Corp/ADR (SUOPY), Semiconductor Manufacturing Int'l (SMI), First Solar (FSLR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Mellanox Technologies (MLNX), AU Optronics (AUO), Advantest (ATEYY), Semtech (SMTC) and Cabot Microelectronics (CCMP).
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 stories about OCLR stock have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. 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 news sentiment score of 0.07 on Accern's scale. They also assigned media headlines about the semiconductor company an impact score of 47.53 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Oclaro's major shareholders?
Oclaro's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.42%), Havens Advisors LLC (0.31%), Columbia Partners L L C Investment Management (0.08%) and Cerebellum GP LLC (0.01%). Company insiders that own Oclaro stock include Adam Carter, 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 Peregrine Capital Management LLC. Company insiders that have sold Oclaro company stock in the last year include David Teichmann, Greg Dougherty, Lisa Paul, Michael H Fernicola and Thomas Gordon Beck Mason. View Insider Buying and Selling for Oclaro.
Which institutional investors are buying Oclaro stock?
OCLR stock was bought by a variety of institutional investors in the last quarter, including Havens Advisors LLC, Columbia Partners L L C Investment Management and Cerebellum GP 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 $9.03.
How big of a company is Oclaro?
Oclaro has a market capitalization of $1.54 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 (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.
