$0.11 EPS Expected for EMCORE Corporation (EMKR)

November 15, 2017 - By Henry Gaston

 $0.11 EPS Expected for EMCORE Corporation (EMKR)
Investors sentiment decreased to 1.18 in 2017 Q2. Its down 0.51, from 1.69 in 2017Q1. It turned negative, as 12 investors sold EMCORE Corporation shares while 28 reduced holdings. 18 funds opened positions while 29 raised stakes. 19.95 million shares or 1.70% more from 19.62 million shares in 2017Q1 were reported.
Ameritas Prtn holds 1,917 shares. Deutsche National Bank & Trust Ag owns 130,820 shares. Kempner Mgmt owns 0.11% invested in EMCORE Corporation (NASDAQ:EMKR) for 15,000 shares. Ariel Invs Limited Liability Co holds 359,104 shares. Rk Mgmt Lc reported 1.04 million shares or 2.22% of all its holdings. Hillsdale Invest Management Inc reported 0.19% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). Tiaa Cref Invest Mngmt Ltd Llc has 0% invested in EMCORE Corporation (NASDAQ:EMKR). Portolan Capital Mgmt Limited Co reported 1.01 million shares. 7,315 were accumulated by Legal & General Gp Public Llc. 1492 Cap Mgmt Ltd Liability holds 0.24% or 25,798 shares in its portfolio. Blackrock invested 0% in EMCORE Corporation (NASDAQ:EMKR). Bridgeway Mgmt reported 99,002 shares. Argent Cap Management Ltd Limited Liability Company stated it has 0.19% in EMCORE Corporation (NASDAQ:EMKR). Chicago Equity Prtn Ltd Liability Corp invested 0.02% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). Kj Harrison Partners reported 0.04% in EMCORE Corporation (NASDAQ:EMKR).

Analysts expect EMCORE Corporation (NASDAQ:EMKR) to report $0.11 EPS on December, 6.They anticipate $0.03 EPS change or 37.50 % from last quarter’s $0.08 EPS. EMKR’s profit would be $2.96M giving it 16.93 P/E if the $0.11 EPS is correct. After having $0.09 EPS previously, EMCORE Corporation’s analysts see 22.22 % EPS growth. It closed at $7.45 lastly. It is down 148.03% since November 15, 2016 and is uptrending. It has outperformed by 131.33% the S&P500.

EMCORE Corporation (NASDAQ:EMKR) Ratings Coverage

Among 4 analysts covering Emcore (NASDAQ:EMKR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Emcore had 13 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Northland Capital given on Wednesday, December 9. The stock has “Buy” rating by Northland Capital on Monday, October 16. Dougherty & Company maintained EMCORE Corporation (NASDAQ:EMKR) on Thursday, December 8 with “Buy” rating. The stock of EMCORE Corporation (NASDAQ:EMKR) earned “Buy” rating by B. Riley & Co on Friday, February 5. The rating was downgraded by B. Riley & Co to “Neutral” on Thursday, June 29. Dougherty & Company maintained it with “Buy” rating and $12 target in Wednesday, February 8 report. The company was maintained on Monday, November 9 by Northland Capital. The firm earned “Buy” rating on Wednesday, February 8 by Lake Street. The stock of EMCORE Corporation (NASDAQ:EMKR) has “Outperform” rating given on Tuesday, July 28 by Northland Capital. As per Thursday, October 20, the company rating was initiated by Dougherty & Company.

EMCORE Corporation is engaged in designing and manufacturing indium phosphide optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. The company has market cap of $200.25 million. The Firm focuses on linear fiber optic transmission technology. It has a 26.3 P/E ratio. The Firm operates through Fiber Optics segment.

More news for EMCORE Corporation (NASDAQ:EMKR) were recently published by: Globenewswire.com, which released: “EMCORE Begins Customer Sampling of New OBI Mitigated RFoG Optical Networking …” on October 17, 2017. Globenewswire.com‘s article titled: “EMCORE Announces New Precision Fiber Optic Gyro-Based Inertial Measurement …” and published on September 11, 2017 is yet another important article.

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