EMCORE Corporation (EMKR) Analysts See $-0.10 EPS

November 11, 2018 - By whatsonthorold

EMCORE Corporation (NASDAQ:EMKR) LogoInvestors sentiment decreased to 0.8 in Q2 2018. Its down 0.28, from 1.08 in 2018Q1. It is negative, 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.
Northern Trust holds 111,364 shares. The Georgia-based Gmt Cap has invested 0% in EMCORE Corporation (NASDAQ:EMKR). Wellington Mgmt Grp Inc Ltd Liability Partnership invested in 0% or 3.45 million shares. Dimensional Fund Advisors L P invested in 0% or 958,135 shares. Vanguard Group holds 1.19 million shares. Royal Bank & Trust Of Canada holds 0% or 56 shares in its portfolio. Kempner Capital has 0.05% invested in EMCORE Corporation (NASDAQ:EMKR) for 15,000 shares. Renaissance Technologies Limited Liability Co holds 0% in EMCORE Corporation (NASDAQ:EMKR) or 642,012 shares. 67,240 were reported by Aqr Capital Mgmt Limited Company. S Squared Technology Limited Liability Com accumulated 2.05% or 511,645 shares. Laurion Lp reported 50,320 shares stake. Needham Mngmt Ltd has 0.28% invested in EMCORE Corporation (NASDAQ:EMKR) for 195,000 shares. Parametric Port Assocs Ltd invested 0% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). Massachusetts-based Panagora Asset has invested 0% in EMCORE Corporation (NASDAQ:EMKR). Jacobs Levy Equity owns 20,034 shares for 0% of their portfolio.

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 firm has “Outperform” rating given on Friday, October 5 by Northland Capital. The rating was downgraded by FBR Capital to “Neutral” on Friday, November 9. Northland Capital downgraded EMCORE Corporation (NASDAQ:EMKR) on Friday, August 3 to “Market Perform” rating.

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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