News headlines about Oclaro (NASDAQ:OCLR) have trended somewhat positive on Sunday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Oclaro earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 46.1254962063348 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

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

Several equities analysts have recently weighed in on the company. Northland Securities reissued a “buy” rating and set a $12.75 target price on shares of Oclaro in a research report on Friday, September 15th. Zacks Investment Research downgraded Oclaro from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. ValuEngine upgraded Oclaro from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Stifel Nicolaus restated a “buy” rating and set a $12.00 price objective on shares of Oclaro in a report on Friday, October 6th. Finally, Craig Hallum cut Oclaro from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $12.67.

Oclaro (NASDAQ OCLR) opened at $7.24 on Friday. Oclaro has a 1-year low of $5.86 and a 1-year high of $11.30. The stock has a market capitalization of $1,240.00, a price-to-earnings ratio of 9.18, a P/E/G ratio of 1.05 and a beta of 1.31.

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

In other Oclaro news, EVP Lisa Paul sold 5,000 shares of the company’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $7.45, for a total value of $37,250.00. Following the completion of the sale, the executive vice president now directly owns 232,950 shares in the company, valued at approximately $1,735,477.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Michael H. Fernicola sold 7,016 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $6.21, for a total value of $43,569.36. Following the completion of the sale, the chief accounting officer now owns 81,378 shares of the company’s stock, valued at $505,357.38. The disclosure for this sale can be found here. Insiders sold a total of 51,271 shares of company stock valued at $364,240 over the last quarter. Company insiders own 2.00% of the company’s stock.

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Oclaro Company Profile

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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