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

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

Oclaro Inc. (NASDAQ:OCLR) posted its quarterly earnings results on Tuesday, May, 8th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. The semiconductor company earned $127.30 million during the quarter, compared to analyst estimates of $124.37 million. Oclaro had a return on equity of 17.65% and a net margin of 19.60%. The business's revenue was down 21.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 earnings per share. 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 brokerages have issued twelve-month target prices for Oclaro's shares. Their forecasts range from $6.50 to $21.00. On average, they expect Oclaro's stock price to reach $10.5893 in the next year. 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 daily volume of 3,466,954 shares, the short-interest ratio is currently 2.2 days. Currently, 4.7% of the company's shares 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), Besi (BESIY), Semtech (SMTC) and Cabot Microelectronics (CCMP).

Press coverage about OCLR stock has trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oclaro earned a news impact score of 0.12 on Accern's scale. They also assigned news headlines about the semiconductor company an impact score of 46.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Oclaro's stock is owned by a variety 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 bought 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 $9.04.

Oclaro has a market capitalization of $1.56 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]