$0.06 EPS Expected for Oclaro, Inc. (OCLR)

April 17, 2018 - By Robert Crowder

Oclaro, Inc. (NASDAQ:OCLR) LogoInvestors sentiment decreased to 1.01 in 2017 Q4. Its down 0.27, from 1.28 in 2017Q3. It turned negative, as 44 investors sold Oclaro, Inc. shares while 68 reduced holdings. 36 funds opened positions while 77 raised stakes. 110.17 million shares or 4.65% less from 115.55 million shares in 2017Q3 were reported.
Moreover, 1492 Cap Mgmt Ltd Liability Co has 0.03% invested in Oclaro, Inc. (NASDAQ:OCLR). Dimensional Fund Advsrs L P has invested 0.01% in Oclaro, Inc. (NASDAQ:OCLR). Stratos Wealth Prtn Ltd holds 0% or 1,600 shares in its portfolio. Lsv Asset Mgmt owns 558,584 shares or 0.01% of their US portfolio. Nj State Employees Deferred Compensation Plan holds 0.09% in Oclaro, Inc. (NASDAQ:OCLR) or 80,000 shares. Texas Permanent School Fund holds 0.01% or 114,091 shares in its portfolio. California Employees Retirement System, California-based fund reported 151,624 shares. Ls Invest Advisors Ltd Com reported 0% in Oclaro, Inc. (NASDAQ:OCLR). Engineers Gate Manager Ltd Partnership reported 143,683 shares or 0.07% of all its holdings. New York-based Tiaa Cref Inv Management has invested 0.01% in Oclaro, Inc. (NASDAQ:OCLR). Moreover, Millennium Mgmt Lc has 0% invested in Oclaro, Inc. (NASDAQ:OCLR). Jefferies Grp Limited Liability has invested 0.01% in Oclaro, Inc. (NASDAQ:OCLR). Fmr Limited Liability Corporation reported 171,930 shares. Putnam Ltd Liability Co reported 486,500 shares or 0.01% of all its holdings. Employees Retirement Sys Of Texas reported 0.02% of its portfolio in Oclaro, Inc. (NASDAQ:OCLR).

Analysts expect Oclaro, Inc. (NASDAQ:OCLR) to report $0.06 EPS on May, 1.They anticipate $0.16 EPS change or 72.73 % from last quarter’s $0.22 EPS. OCLR’s profit would be $10.20M giving it 33.29 P/E if the $0.06 EPS is correct. After having $0.12 EPS previously, Oclaro, Inc.’s analysts see -50.00 % EPS growth. The stock decreased 15.18% or $1.43 during the last trading session, reaching $7.99. About 21.87M shares traded or 235.04% up from the average. Oclaro, Inc. (NASDAQ:OCLR) has declined 2.03% since April 17, 2017 and is downtrending. It has underperformed by 13.58% the S&P500.

Oclaro, Inc. (NASDAQ:OCLR) Ratings Coverage

Among 16 analysts covering Oclaro (NASDAQ:OCLR), 5 have Buy rating, 0 Sell and 11 Hold. Therefore 31% are positive. Oclaro had 27 analyst reports since November 1, 2017 according to SRatingsIntel. On Monday, March 19 the stock rating was maintained by Northland Capital with “Buy”. The company was maintained on Tuesday, February 6 by Stifel Nicolaus. The stock of Oclaro, Inc. (NASDAQ:OCLR) earned “Hold” rating by Jefferies on Friday, February 2. Loop Capital Markets downgraded the shares of OCLR in report on Monday, March 12 to “Hold” rating. B. Riley & Co maintained Oclaro, Inc. (NASDAQ:OCLR) rating on Tuesday, February 6. B. Riley & Co has “Buy” rating and $8.5 target. The firm earned “Neutral” rating on Wednesday, March 14 by UBS. The rating was initiated by UBS on Wednesday, January 31 with “Sell”. The firm has “Buy” rating by M Partners given on Tuesday, February 6. Raymond James downgraded the shares of OCLR in report on Tuesday, March 13 to “Market Perform” rating. The stock of Oclaro, Inc. (NASDAQ:OCLR) earned “Hold” rating by Stifel Nicolaus on Monday, March 12.

Oclaro, Inc. designs, manufactures, and markets optical components, modules, and subsystems for the long-haul, metro, and data center markets worldwide. The company has market cap of $1.36 billion. The companyÂ’s products generate, detect, combine, and separate light signals in optical communications networks. It has a 9.88 P/E ratio. 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.

Oclaro, Inc. (NASDAQ:OCLR) Institutional Positions Chart

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