Therefore 0 are positive. Aldermore Group had 166 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Friday, June 23 by RBC Capital Markets. Oberweis Asset Management stated it has 114,900 shares. On Tuesday, October 4 the stock rating was upgraded by Barclays Capital to "Overweight". As per Monday, November 14, the company rating was maintained by Macquarie Research. Foundry Prns Ltd Liability Corporation owns 647,967 shares for 0.64% of their portfolio. Chicago Equity Ptnrs Llc stated it has 0.02% in EMCORE Corporation (NASDAQ:EMKR). The company traded as low as $5.80 and last traded at $6.25. The mean target projections are based on 4 opinions. About 870,609 shares traded or 310.71% up from the average. The rating was maintained by Dougherty & Company on Thursday, December 8 with "Buy". It has outperformed by 131.33% the S&P500.
EMCORE (NASDAQ:EMKR) announced its quarterly earnings data on Tuesday. However the company reported $0.1 earnings per share for the same quarter during past year. EMKR's profit will be $2.96M for 13.64 P/E if the $0.11 EPS becomes a reality. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.14 by ($0.02), Bloomberg Earnings reports.
According to analysts Emcore Corp (NASDAQ:EMKR)'s minimum EPS for the current quarter is at $0.13 and can go high up to $0.15.
Emcore Corp (NASDAQ:EMKR) 52-week high price stands at $12.20 and low price stands at $6.20, its price distance from 52-week high is -48.77% while its distance from 52-week low price is 0.81%. EMCORE presently has a consensus rating of "Hold" and a consensus price target of $11.44. On Tuesday, March 8 the stock rating was initiated by Lake Street with "Buy". Five investment analysts have rated the stock with a buy rating, The company now has an average rating of "Buy" and a consensus target price of $11.38. The rating was maintained by Dougherty & Company with "Buy" on Wednesday, February 8.
The average Wall Street analyst rating for EMCORE Corporation is Strong Buy, according to the average of 4 analyst scores. The rating was maintained by Northland Capital with "Buy" on Monday, September 11. The rating was maintained by Northland Capital on Monday, October 16 with "Buy". The firm has "Buy" rating given on Wednesday, February 8 by Lake Street.
The investor is now holding $1.11 million shares due in part to a decrease of 19500 new shares in their portfolio. CPN has risen 0.47% in the 1-month period.
Other institutional investors have also recently added to or reduced their stakes in the company. Bridgeway Inc invested 0.01% in EMCORE Corporation (NASDAQ:EMKR). Moreover, Capstone Invest Advisors Ltd Llc has 0.01% invested in KB Home (NYSE:KBH) for 20,000 shares. Bard Associates accumulated 17,500 shares. Wellington Mngmt Gru Ltd Liability Partnership holds 2.20M shares. Eam Invsts has invested 0.26% in EMCORE Corporation (NASDAQ:EMKR). Orca Investment Mgmt Llc has 2.04% invested in EMCORE Corporation (NASDAQ:EMKR) for 205,417 shares.
Total shares held by institutions as of the most recent company filings are 10,258,485 with a reported 1,196,908 bought and 408,809 sold. The stock 3.17% or $0 during the last trading session, reaching $7.94. Creative Planning holds 0% or 1,200 shares. Proshare Advsrs Lc accumulated 13,160 shares or 0% of the stock. Art Advsr Limited Liability Com reported 0.02% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). Schwab Charles Invest Mngmt reported 50,590 shares or 0% of all its holdings. Wells Fargo & Company MN raised its stake in shares of EMCORE by 2.5% in the 2nd quarter.
EMCORE Corporation is engaged in designing and manufacturing indium phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. The company has market cap of $168.00 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. The stock has 5 year expected PEG ratio of 1.47 whereas its trailing twelve month P/E ratio is 22.08. The firm sells its products through direct sales force, application engineers, third party sales representatives, and distributors.
Investors sentiment increased to 1.55 in 2017 Q2. Its the same as in 2017Q1. Paradigm Capital Management, Inc.is the second biggest holder with 2 million shares now valued at 21.71 million whilst Vertex Capital Advisors, LLC has 1 million shares valued at 7.84 million. 10,551 shares or 2.31% less from 10,801 shares in 2017Q1 were reported. 799,197 were reported by Renaissance Techs Limited Liability Corporation.