NASDAQ:OCLR - Oclaro Stock Price, Price Target & More

Oclaro trades on the NASDAQ under the ticker symbol "OCLR."

Oclaro Inc. (NASDAQ:OCLR) announced its quarterly earnings data on Tuesday, May, 8th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.08 by $0.03. The semiconductor company had revenue of $127.30 million for the quarter, compared to analyst estimates of $124.37 million. Oclaro had a net margin of 19.60% and a return on equity of 17.65%. The company's revenue was down 21.5% on a year-over-year basis. During the same period last year, the business earned $0.23 EPS. View Oclaro's Earnings History.

Oclaro is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Oclaro.

15 analysts have issued 12 month target prices for Oclaro's stock. Their forecasts range from $6.50 to $21.00. On average, they expect Oclaro's share price to reach $10.5893 in the next twelve months. View Analyst Ratings for Oclaro.

Oclaro saw a drop in short interest during the month of April. As of April 13th, there was short interest totalling 7,734,865 shares, a drop of 16.3% from the March 30th total of 9,240,749 shares. Based on an average trading volume of 3,466,954 shares, the days-to-cover ratio is currently 2.2 days. Approximately 4.7% of the shares of the company are sold short.

Some companies that are related to Oclaro include Semiconductor Manufacturing International (SMI), Cypress Semiconductor (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Mellanox Technologies (MLNX), Advantest (ATEYY), Integrated Device Technology (IDTI), AU Optronics (AUO), SolarEdge (SEDG), Semtech (SMTC), Cabot Microelectronics (CCMP) and Besi (BESIY).

Media stories about OCLR stock have trended somewhat positive recently, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 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 0.22 on Accern's scale. They also assigned media stories about the semiconductor company an impact score of 47.88 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Oclaro's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.93%), UBS Group AG (2.08%), Alpine Associates Management Inc. (1.81%), Dimensional Fund Advisors LP (1.34%), Northern Trust Corp (1.19%) and Principal Financial Group Inc. (0.78%). 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.

OCLR stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Thompson Siegel & Walmsley LLC, The Manufacturers Life Insurance Company , Mckinley Capital Management LLC Delaware, Wells Fargo & Company MN, Municipal Employees Retirement System of Michigan, Sei Investments Co. and Russell Investments Group Ltd.. 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.

OCLR stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Alpine Associates Management Inc., JPMorgan Chase & Co., BlackRock Inc., OMERS ADMINISTRATION Corp, LSV Asset Management, SG Americas Securities LLC and ARP Americas LP. View Insider Buying and Selling for 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.

One share of OCLR stock can currently be purchased for approximately $9.10.

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.

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]