News coverage about Oclaro (NASDAQ:OCLR) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Oclaro earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.422347349504 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

Shares of Oclaro (NASDAQ OCLR) opened at $7.04 on Monday. Oclaro has a fifty-two week low of $5.86 and a fifty-two week high of $11.30. The stock has a market cap of $1,189.06, a price-to-earnings ratio of 9.03, a PEG ratio of 1.03 and a beta of 1.41.

Oclaro (NASDAQ:OCLR) last posted its quarterly earnings data on Wednesday, November 1st. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Oclaro had a net margin of 24.31% and a return on equity of 28.11%. The company had revenue of $155.60 million during the quarter, compared to the consensus estimate of $154.51 million. During the same period in the previous year, the firm posted $0.14 EPS. The firm’s revenue was up 14.8% compared to the same quarter last year. equities analysts predict that Oclaro will post 0.51 EPS for the current year.

A number of research analysts have recently commented on the stock. B. Riley restated a “buy” rating and set a $11.75 price target on shares of Oclaro in a research report on Tuesday, August 8th. Northland Securities restated a “buy” rating and set a $12.75 price target on shares of Oclaro in a research report on Friday, September 15th. Jefferies Group LLC restated a “buy” rating and set a $12.50 price target (up from $12.00) on shares of Oclaro in a research report on Thursday, August 3rd. Zacks Investment Research lowered shares of Oclaro from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Finally, Needham & Company LLC restated a “strong-buy” rating and set a $14.00 price target on shares of Oclaro in a research report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Oclaro currently has an average rating of “Buy” and a consensus price target of $12.67.

In other Oclaro news, EVP Lisa Paul sold 12,182 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $8.45, for a total value of $102,937.90. Following the completion of the sale, the executive vice president now directly owns 246,090 shares of the company’s stock, valued at $2,079,460.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michael H. Fernicola sold 7,016 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $6.21, for a total transaction of $43,569.36. Following the completion of the sale, the chief accounting officer now directly owns 81,378 shares of the company’s stock, valued at $505,357.38. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

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About Oclaro

Oclaro, Inc is a provider of optical components, modules and subsystems for the core optical transport, service provider, enterprise and data center markets. The Company provides various solutions for optical networks and interconnects driving the next wave of streaming video, cloud computing, application virtualization and other bandwidth-intensive and high-speed applications.

Insider Buying and Selling by Quarter for Oclaro (NASDAQ:OCLR)

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