$-0.10 EPS Expected for EMCORE Corporation (EMKR)

November 11, 2018 - By Mona Holcomb

EMCORE Corporation (NASDAQ:EMKR) LogoInvestors sentiment decreased to 0.8 in Q2 2018. Its down 0.28, from 1.08 in 2018Q1. It dived, as 18 investors sold EMCORE Corporation shares while 23 reduced holdings. 18 funds opened positions while 15 raised stakes. 19.44 million shares or 4.57% less from 20.38 million shares in 2018Q1 were reported.
1.66M were reported by Paradigm Cap Mngmt Inc Ny. Putnam Limited Liability holds 275,300 shares or 0% of its portfolio. Paw has 700,000 shares. 184,262 are owned by Geode Capital Management Limited Liability Corporation. Northern Trust Corporation reported 0% in EMCORE Corporation (NASDAQ:EMKR). State Street Corp reported 35,585 shares. Blackrock holds 0% or 275,140 shares in its portfolio. Element Management Lc invested in 0.01% or 105,025 shares. Tower Rech Capital Lc (Trc) owns 0% invested in EMCORE Corporation (NASDAQ:EMKR) for 3,058 shares. Bridgeway Cap Mngmt Incorporated has invested 0.01% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). Ny State Common Retirement Fund owns 257,618 shares for 0% of their portfolio. Morgan Stanley holds 0% of its portfolio in EMCORE Corporation (NASDAQ:EMKR) for 33,116 shares. Royal Bancshares Of Canada holds 56 shares. Laurion Cap Mngmt Lp holds 0% of its portfolio in EMCORE Corporation (NASDAQ:EMKR) for 50,320 shares. Highbridge Capital Management Limited Com has invested 0% in EMCORE Corporation (NASDAQ:EMKR).

Analysts expect EMCORE Corporation (NASDAQ:EMKR) to report $-0.10 EPS on December, 4.They anticipate $0.19 EPS change or 211.11 % from last quarter’s $0.09 EPS. After having $-0.29 EPS previously, EMCORE Corporation’s analysts see -65.52 % EPS growth. The stock decreased 6.40% or $0.32 during the last trading session, reaching $4.68. About 166,001 shares traded or 6.83% up from the average. EMCORE Corporation (NASDAQ:EMKR) has declined 50.28% since November 11, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

EMCORE Corporation (NASDAQ:EMKR) Ratings Coverage

Among 2 analysts covering EMCORE (NASDAQ:EMKR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. EMCORE had 3 analyst reports since August 3, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Northland Capital on Friday, October 5. The rating was downgraded by FBR Capital on Friday, November 9 to “Neutral”. The firm has “Market Perform” rating by Northland Capital given on Friday, August 3.

EMCORE Corporation, together with its subsidiaries, designs, makes, and sells indium phosphide optical chips, components, subsystems, and systems for the broadband and specialty fiber optics market worldwide. The company has market cap of $128.67 million. It offers DFB laser modules and diodes, laser and avalanche chips, optical receivers, and broadband photodiodes for use in telecommunication, cable television, fiber-to-the-premises, defense and homeland security, satellite communication and broadcast, and professional audio/video applications. It currently has negative earnings. The firm sells its products through direct sales force, application engineers, third party sales representatives, and distributors.

Another recent and important EMCORE Corporation (NASDAQ:EMKR) news was published by Nasdaq.com which published an article titled: “Analysis: Positioning to Benefit within ScanSource, EMCORE, PRA Group, Aqua Metals, Compass Minerals …” on October 16, 2018.

EMCORE Corporation (NASDAQ:EMKR) Institutional Positions Chart

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