Oclaro trades as part of the technology sector and semiconductors industry. The company CEO is Gregory P. Dougherty. Oclaro Inc is engaged in providing laser and optical components, modules and subsystems for the telecommunication and data communication equipment companies.



Previous Intraday Performance:

The OCLR shares had a previous change of -2.13% which opened at 8.40 and closed at 8.26. It moved to an intraday high of 8.45 and a low of 8.21.

SeekingAlpha:  Lumentum completes Oclaro acquisition

Historical Performance:

Over the last five trading days, OCLR shares returned 2.35% and in the past 30 trading days it returned -0.48%. Over three months, it changed -9.63%. In one year it has changed 14.25% and within that year its 52-week high was 10.20 and its 52-week low was 5.61. OCLR stock is 47.24% above its 52 Week Low.

Our calculations result in a 200 day moving average of 8.73 and a 50 day moving average of 8.31. Right now, OCLR stock is trading -5.37% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Lumentum completes Oclaro acquisition

Liquidity:

The company has a market cap of $1.4b with 171.6m shares outstanding and a float of 161.9m shares. Trading volume was 4,192,747 shares and has experienced an average volume of 1,933,922 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Oclaro was 0.36 which ended on 30th of June 2018, which according to the previous close, that is a PE of 22.94. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.06. The trailing twelve month EPS is 0.58, which comes to a trailing twelve month PE of 14.24.

Base on our calculations, the intrinsic value per share is 9.57, which means it might be undervalued and has a margin of safety of 13.68%

The next earnings report will be: 05-07-2019

EPS growth is an important number as it indicates the future prospects of Oclaro; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -17.40% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 5.70% of insider ownership and 114.80% of institutional ownership.

I calculated the beta to be 0.50

SeekingAlpha:  Playa Hotels & Resorts 2018 Q4 – Results – Earnings Call Slides

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 8.04%, return on assets is 6.45%, profit margin is 8.90%, price-to-sales is 2.73 and price-to-book is 2.34.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 6  : Financial Safety Result
 3  : Past Performance Result
 2  : Valuation Result
 0  : Dividend Safety Result
 3  : Overall Result

Related Tags: , , ,

Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

LEAVE A REPLY

Please enter your comment!
Please enter your name here