Oclaro, Inc. (NASDAQ:OCLR) & Cameco Corp (USA) (NYSE:CCJ)

Oclaro, Inc. has 1 year price target of $14.28. (NASDAQ:OCLR) in a research report report published on Thursday.

Price Target is an important factor while doing analysis of a stock.

Several other brokerages have also issued reports on OCLR.

04/08/2016 - Drexel Hamilton began new coverage on Oclaro, Inc. giving the company a "hold" rating. MKM Partners reaffirmed a buy rating on shares of Oclaro in a research report on Thursday, December 22nd. (FB). The consensus rating is 1.8, indicating analysts in general look favorably on the company's future prospects. The Low Price target projection by analysts is $12 and the Mean Price Target is $14.28. Buy rating has been given by 4 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 1 analyst given HOLD rating. (NASDAQ:OCLR) to Outperform with no specific Price Target on 8/08/16. They now have a Dollars 11 price target on the stock. Current price level places the company's stock about -13.98% from the 52-week high and 151.81% away from the 52-week low. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -2.86%. The stock's market capitalization is 1.59B.

Oclaro (NASDAQ:OCLR) last announced its earnings results on Tuesday, January 31st. Oclaro had a net margin of 8.83% and a return on equity of 27.48%. During the same quarter previous year, the company earned $0.03 EPS. The company's a year ago sales total was 101.05 Million. The Average Volume of the company is 6.87 Million and P/E (price to earnings) ratio is 31.56, while Forward P/E ratio is 11.61.

This story was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this story on another domain, it was illegally copied and republished in violation of United States and global copyright & trademark legislation. Needham Upgrades the company's stock to Strong Buy on 7/25/16 with no specific Price Target. The stock has Return on Assets (ROA) of 10.3 percent. After this sale, 345,490 common shares of OCLR are directly owned by the insider, with total stake valued at $3,188,873. The SEC filing shows that Fernicola Michael H performed a sale of 4,563 shares. Also, COO James Douglas Haynes sold 20,000 shares of the firm's stock in a transaction on Thursday, February 16th. The stock was sold at an average price of $8.79, for a total transaction of $43,950.00. Following the completion of the transaction, the chief operating officer now owns 309,277 shares in the company, valued at approximately $3,303,078.36. After the IPO closure, they can extend associate with the firm or find a striking sum of the company's shares. The company has grown 23.22% in past 3 months and in the last five trades has moved down -7.69%.

Multiple company employees have indulged in significant insider trading.

A number of large investors have recently made changes to their positions in the company. Kopp Investment Advisors LLC increased its position in shares of Oclaro by 4.4% in the second quarter. FNY Managed Accounts LLC purchased a new stake in Oclaro during the third quarter valued at $122,000. Whale Rock Capital Management LLC now owns 6,685,632 shares of the company's stock worth $57,162,000 after buying an additional 887,656 shares during the last quarter.

Oclaro, Inc. (NASDAQ:OCLR) has 162.81 Million shares outstanding and 157.71 Million shares were floated in market.

In the last Quarter, Oclaro, Inc. TIAA CREF Investment Management LLC increased its position in shares of Oclaro by 683.7% in the third quarter. Following the sale, the executive vice president now owns 207,474 shares of the company's stock, valued at approximately $1,823,696.46. Finally, Creative Planning increased its stake in Oclaro by 1,415.3% in the third quarter.

Recommended News

  • The Recent Analysts' Ratings Updates for Tullow Oil plc (TLW)

    The Recent Analysts' Ratings Updates for Tullow Oil plc (TLW)

    Shares of Tullow Oil plc (LON:TLW) traded up 3.74% during midday trading on Monday, reaching GBX 269.00. The Company focuses on finding and monetizing oil in Africa and the Atlantic Margins.
    Life Beyond Earth: NASA finds new Earth like planet 40 light-years away

    Life Beyond Earth: NASA finds new Earth like planet 40 light-years away

    Starting closest to the star and moving out, the planets have respective orbits from one and a half to almost 13 Earth days. NASA's bleeding-edge James Webb Space Telescope , to be launched in October 2018, will make this search far easier.

    Scheana Marie Shay's New Boyfriend Revealed

    E! News has learned the Vanderpump Rules star, who split from husband Mike Shay in November, is dating actor Robert Valletta . That was ideal timing for her and it honestly felt liked her relationship with Shay was over way before it publicly ended.
  • The Top Three Holders Of Immune Pharmaceuticals, Inc. (IMNP)

    When calculating EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 38.20%. Immune Pharmaceuticals, Inc. got Initiated on 8-Oct-15 where investment firm ROTH Capital Initiated the stock to Buy.

    Children can fall from popular outdoor swing — RECALL ALERT

    Little Tikes says it is recalling more than 500,000 pink toddler swings because they could break and injure a child. The recall is due to the fact that the plastic seat can crack or break, which is risky and has caused accidents.

    Powerful storm brings major flooding to San Jose, CA

    Mayor Sam Liccardo said at a news conference that there is no question the city needs to improve communication in the future. The region's waterways, already saturated by weeks of heavy rains, were ill-equipped for the latest onslaught.
  • Insider News of Sears Holdings Corporation (NASDAQ:SHLD)

    Insider News of Sears Holdings Corporation (NASDAQ:SHLD)

    Over the last five days, shares have faced -14.2% losses and now is up 21.41% since hitting its 200-day moving average of $13.07. For the Q4 this year, the consensus current earnings per share trend estimates were for $0.95 while for one month ago was $0.98.

    Valero Energy Corporation (NYSE:VLO) Approaching Earnings Date: What matter for investors?

    The share price has moved backward from its 20 days moving average -0.36% and negatively from its 50 days moving average -0.86%. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock.

    Toyota Prius Prime vs Hyundai Ioniq: Which Tech Suits You Best?

    The new vehicle is outfitted with pedestrian detection, radar cruise control and lane departure alert with steering assist. The new Hyundai Ioniq can be purchased in three different versions, ranging from hybrid to an electric vehicle .
  • JC Penney to close at least 130 stores

    JC Penney to close at least 130 stores

    Penney's stores in some way in 2016, while more than 90% of the retailer's returns are processed through its stores. Penney locations are in the Westmoreland Mall, the Century III Mall, the Monroeville Mall and Robinson Town Center.

    Flip Or Flop Star Christina El Moussa Is Single Once Again!

    In the end, Christina expressed her utmost gratitude for her fans who supported her throughout the challenges she faced. Their priority, however, is their two children, 1-year-old son Brayden and 6-year-old daughter Taylor , he said .
    Suspect identified in quadruple homicide of MS  family

    Suspect identified in quadruple homicide of MS family

    All four were found Monday in their home in the Toomsuba community, near the Alabama state line about 15 miles east of Meridian. Authorities who broke through the door to discover the bodies also found the sister's 3-year-old daughter uninjured inside.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.