EMCORE Corporation (EMKR): Price and Financial Metrics
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EMKR POWR Grades
- Sentiment is the dimension where EMKR ranks best; there it ranks ahead of 99.93% of US stocks.
- The strongest trend for EMKR is in Quality, which has been heading up over the past 31 weeks.
- EMKR's current lowest rank is in the Stability metric (where it is better than 19.57% of US stocks).
EMKR Stock Summary
- The price/operating cash flow metric for Emcore Corp is higher than 92.46% of stocks in our set with a positive cash flow.
- Revenue growth over the past 12 months for Emcore Corp comes in at 45.98%, a number that bests 87.98% of the US stocks we're tracking.
- In terms of volatility of its share price, EMKR is more volatile than 87.56% of stocks we're observing.
- Stocks with similar financial metrics, market capitalization, and price volatility to Emcore Corp are ALRM, COHU, PDEX, VMD, and MHH.
- EMKR's SEC filings can be seen here. And to visit Emcore Corp's official web site, go to www.emcore.com.
EMKR Valuation Summary
- In comparison to the median Technology stock, EMKR's EV/EBIT ratio is 12.48% higher, now standing at 37.4.
- EMKR's price/sales ratio has moved down 3.4 over the prior 243 months.
- Over the past 243 months, EMKR's EV/EBIT ratio has gone up 86.
Below are key valuation metrics over time for EMKR.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| EMKR | 2021-06-07 | 2.8 | 3.1 | 57.5 | 46.9 |
| EMKR | 2013-10-23 | 0.8 | 1.6 | 209.1 | 91.5 |
| EMKR | 2011-08-15 | 0.8 | 1.6 | -8.2 | -8.1 |
| EMKR | 2007-11-06 | 3.5 | 4.8 | 16.3 | 15.2 |
| EMKR | 2004-09-23 | 1.0 | 1.1 | -6.2 | -20.1 |
| EMKR | 2004-02-04 | 2.2 | 5.4 | -6.3 | -12.5 |
EMKR Growth Metrics
- The 3 year price growth rate now stands at -34.84%.
- Its 2 year revenue growth rate is now at -11.61%.
- Its 4 year revenue growth rate is now at 2.97%.
The table below shows EMKR's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2021-03-31 | 132.628 | 5.408 | 6.369 |
| 2020-12-31 | 118.072 | 3.613 | -3.096 |
| 2020-09-30 | 110.128 | -3.892 | -7 |
| 2020-06-30 | 100.898 | -8.847 | -22.678 |
| 2020-03-31 | 90.851 | -15.618 | -31.868 |
| 2019-12-31 | 88.746 | -18.261 | -31.781 |
EMKR Price Target
For more insight on analysts targets of EMKR, see our EMKR price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $12.25 | Average Broker Recommendation | 1.5 (Moderate Buy) |
EMKR Stock Price Chart Interactive Chart >
EMKR Price/Volume Stats
| Current price | $8.63 | 52-week high | $10.87 |
| Prev. close | $8.74 | 52-week low | $3.10 |
| Day low | $8.59 | Volume | 272,900 |
| Day high | $8.90 | Avg. volume | 613,819 |
| 50-day MA | $9.40 | Dividend yield | N/A |
| 200-day MA | $6.47 | Market Cap | 317.91M |
EMCORE Corporation (EMKR) Company Bio
EMCORE Corporation designs and manufactures Indium Phosphide optical chips, components, subsystems, and systems for the broadband and specialty fiber optics market. The company was founded in 1984 and is based in Alhambra, California.
EMKR Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $8.63 | $0.86 | -91% |
We started the process of determining a valid price forecast for Emcore Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Emcore Corp ranked in the 12th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 90.5%. In terms of the factors that were most noteworthy in this DCF analysis for EMKR, they are:
- The compound growth rate in the free cash flow of Emcore Corp over the past 3.42 years is 0.07%; that's better than only 24.34% of cash flow producing equities in the Technology sector, where it is classified.
- EMKR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 44.86% of tickers in our DCF set.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -91% |
| 1% | -91% |
| 2% | -91% |
| 3% | -90% |
| 4% | -90% |
| 5% | -90% |
CAMP, DXC, GWRE, TSRI, and COMM can be thought of as valuation peers to EMKR, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Latest EMKR News From Around the Web
Below are the latest news stories about Emcore Corp that investors may wish to consider to help them evaluate EMKR as an investment opportunity.
Emcore (EMKR) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseEmcore (EMKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
EMCORE Corporation to Host Fiscal 2021 Third Quarter Conference Call on August 5, 2021ALHAMBRA, CA, July 26, 2021 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, will announce its fiscal 2021 third quarter results for the period ended June 30, 2021 on Wednesday, August 4, 2021 after the market close. Conference Call Information The Company will host a conference call to discuss these results at 8:00 a.m. ET (5:00 a.m. PT) on Thursday, August 5, 2021 |
Fiber Optics Gyroscope Market 2021 SWOT Analysis, Competitive Landscape and Significant Growth | Top Brands:EMCORE CORPORATION, HONEYWELL INTERNATIONAL, INC., COLIBRYS LTD., KVH INDUSTRIES, INC., NThis report studies the Fiber Optics Gyroscope Market with many aspects of the industry such as market size, market status, market trends and forecast. The report also provides brief information on competitors and opportunities for specific growth with the key market drivers. Find the comprehensive analysis of the Fiber Optics Gyroscope market segmented by company, [] |
EMCORE Awarded $4.1 Million Supplemental Contract from Raytheon Intelligence & Space for High-Performance Fiber Optic GyroscopesALHAMBRA, CA, July 21, 2021 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace and defense and broadband communications markets, announced today that it has been awarded a $4.1 million supplement to its long-term Fiber Optic Gyroscope contract with Raytheon Intelligence & Space. Under the supplemental contract, EMCORE will supply high-performance FOG modules for use in airborne optical targeting systems. EMCORE has delivered over 1,200 units of its custom-designed, closed-loop FOGs to Raytheon Intelligence & Space and expects to deliver the additional units for this add-on contract through February 2022. |
Hedge Funds Have Never Been This Bullish On EMCORE Corporation (EMKR)Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion towards a company. This time it may be different. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. We are […] |
EMKR Price Returns
| 1-mo | -7.50% |
| 3-mo | 39.19% |
| 6-mo | 59.23% |
| 1-year | 146.57% |
| 3-year | 72.60% |
| 5-year | 69.55% |
| YTD | 58.35% |
| 2020 | 79.28% |
| 2019 | -27.62% |
| 2018 | -34.88% |
| 2017 | -25.86% |
| 2016 | 41.92% |
Continue Researching EMKR
Want to see what other sources are saying about Emcore Corp's financials and stock price? Try the links below:Emcore Corp (EMKR) Stock Price | Nasdaq
Emcore Corp (EMKR) Stock Quote, History and News - Yahoo Finance
Emcore Corp (EMKR) Stock Price and Basic Information | MarketWatch
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