Oclaro, Inc. (NASDAQ:OCLR) Upgrades/Downgrades review



Oclaro, Inc. (NASDAQ:OCLR) has a 1 Year Target Estimate of $12.19. The stock traded with the volume of 5.91 Million in the last trading session. Oclaro, Inc. opened at $9.19 and closed by showing a decrease of -2.19%. The Bid price in the last session was $8.92 x 200 and the Ask price was $9.00 x 1400. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Oclaro, Inc. has the Market Capitalization of 1.48 Billion. The Stock has its 52-week High of $10.19 and 52-Week Low of $3.16 and it touched its 52-week high on Nov 21, 2016 and 52-Week Low on Jan 11, 2016.

Oclaro, Inc. reported its last Earnings on Nov 01 AMC where the company reported Actual EPS of $0.14/Share whereas, the Analyst Estimated EPS was $0.1/share. The difference between Actual EPS and Estimated EPS was $0.04/share. This represented an Earnings Surprise of 40%. The company will report its next earnings on Jan 31 – Feb 6 (Est.).

9 number of analysts also provided their insight on Oclaro, Inc., where the Average Price Target for the stock is $12.19. They also projected Low Price Target as $11 while High Price Target is set at $14.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 6 reported it as Buy.1 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Oclaro, Inc. annual Divided is 0 while it’s Dividend Yield is 0%. The stock has its Price to Earnings (P/E) ratio of 72.1 and Forward Price to Earnings ratio of 14.61. The company has its Price to Sales (P/S) ratio of 3.25 where Price to Book (P/B) ratio of 3.13, Price to Cash Per share (P/C) of 0 and Price to Free Cash Flow (P/FCF) has a value of 0.

The company has its Return on Assets (ROA) of 4 Percent. Return on Equity (ROE) stands at 7.3% and Return on Investment (ROI) displays a value of 6.4%.

The stock is currently trading at Distance from 20-Day simple moving Average of 1.72% whereas, Distance from 50-Day Simple moving average is 4.31 Percent and Distance from 200-Day Simple Moving Average of 42.04 percent.

A look at performance overview of Oclaro, Inc. depicts that Performance (Week) is -7.45 percent while Performance Month is 22.3%. Quarterly performance shows a value of 13.45% and Half Year Performance value stands at 83.95%. Yearly performance of the stock has the value of 157.64 percent. Oclaro, Inc. has its YTD performance of 156.9 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 9 Nov 2016 where Chief Operating Officer Haynes (James Douglas) did a transaction type “Sell” in which 8377 shares were traded at a price of $8.01. Another insider trade includes Officer Mason Thomas (Gorden Beck) who also initiated a transaction in which 8258 shares were traded on 9 Nov 2016 as “Sell”. On 9 Nov 2016 General Counsel Teichmann (David Louis) traded 12931 shares as “Sell” at $8.01. Officer Carter Adam Sell 7281 shares on 9 Nov 2016 at the price of $8.01.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Jefferies on 3-Oct-16 who Initiated the stock  to Buy. Other firms have also Upgraded/Downgraded the stock. On 25-Jul-16, Needham took an action “Upgrade” from Buy to Strong Buy. On 8-Apr-16, the stock was Initiated to Hold by Drexel Hamilton.