Oclaro, Inc. (OCLR) EPS Estimated At $0.07

October 14, 2018 - By whatsonthorold

Oclaro, Inc. (NASDAQ:OCLR) LogoInvestors sentiment increased to 1.04 in Q2 2018. Its up 0.31, from 0.73 in 2018Q1. It increased, as 24 investors sold Oclaro, Inc. shares while 57 reduced holdings. 33 funds opened positions while 51 raised stakes. 106.05 million shares or 5.49% less from 112.22 million shares in 2018Q1 were reported.
Manufacturers Life Insurance Co The invested 0% of its portfolio in Oclaro, Inc. (NASDAQ:OCLR). Tiaa Cref Management Limited Liability Com stated it has 0% of its portfolio in Oclaro, Inc. (NASDAQ:OCLR). Edge Wealth Mngmt Lc, New York-based fund reported 6 shares. The Illinois-based Envestnet Asset Management Incorporated has invested 0% in Oclaro, Inc. (NASDAQ:OCLR). Sg Americas Secs Limited Liability Corporation invested in 0.03% or 322,750 shares. Metropolitan Life Ny accumulated 53,833 shares. Aperio Limited Company stated it has 0% of its portfolio in Oclaro, Inc. (NASDAQ:OCLR). Moreover, Weiss Multi has 0.08% invested in Oclaro, Inc. (NASDAQ:OCLR). Utd Ser Automobile Association holds 0% or 26,290 shares in its portfolio. Highland Capital Mgmt Limited Partnership holds 0.13% of its portfolio in Oclaro, Inc. (NASDAQ:OCLR) for 249,402 shares. Ls Inv Advsrs Ltd Limited Liability Company, Michigan-based fund reported 4,894 shares. Proshare owns 30,901 shares or 0% of their US portfolio. 418,649 were accumulated by Perella Weinberg Capital Lp. Kennedy Capital Management has 904,466 shares. Profund Advsrs Ltd Liability Corp invested in 35,086 shares.

Analysts expect Oclaro, Inc. (NASDAQ:OCLR) to report $0.07 EPS on November, 7.They anticipate $0.11 EPS change or 61.11 % from last quarter’s $0.18 EPS. OCLR’s profit would be $11.95M giving it 30.21 P/E if the $0.07 EPS is correct. After having $0.07 EPS previously, Oclaro, Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.36% or $0.03 during the last trading session, reaching $8.46. About 1.65M shares traded or 12.42% up from the average. Oclaro, Inc. (NASDAQ:OCLR) has risen 6.59% since October 14, 2017 and is uptrending. It has underperformed by 9.03% the S&P500.

Oclaro, Inc. (NASDAQ:OCLR) Ratings Coverage

Among 3 analysts covering Oclaro (NASDAQ:OCLR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Oclaro had 3 analyst reports since April 17, 2018 according to SRatingsIntel. Northland Capital maintained Oclaro, Inc. (NASDAQ:OCLR) on Tuesday, April 17 with “Buy” rating. The rating was maintained by FBR Capital on Wednesday, May 9 with “Neutral”.

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 $1.44 billion. The companyÂ’s products generate, detect, combine, and separate light signals in optical communications networks. It has a 23.5 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.

Another recent and important Oclaro, Inc. (NASDAQ:OCLR) news was published by Benzinga.com which published an article titled: “JPMorgan Finds Multiple Reasons To Turn Bullish On Lumentum” on October 11, 2018.

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

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