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1 Comment
EMCORE Corporation is currently in a long term uptrend where the price is trading 45.5% above its 200 day moving average.
From a valuation standpoint, the stock is 94.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.5.
EMCORE Corporation's total revenue rose by 31.2% to $33M since the same quarter in the previous year.
Its net income has increased by 292.4% to $3M since the same quarter in the previous year.
Finally, its free cash flow grew by 108.8% to $656K since the same quarter in the previous year.
Based on the above factors, EMCORE Corporation gets an overall score of 5/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US2908462037 |
Sector | Technology |
Industry | Electronic Components |
Market Cap | 28M |
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PE Ratio | None |
Target Price | 3.1 |
Beta | 1.72 |
Dividend Yield | None |
Emcore Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and quartz micro-electromechanical system inertial sensors and systems in the United States, Canada, Asia, Europe, and internationally. The company's fiber optic gyro products ranges from tactical to navigation grade gyros, inertial measurement units (IMUs), and inertial navigation systems (INS) that is used for unmanned aerial systems, line-of-site stabilization, aviation, and aeronautics applications. It offers gyroscopes, accelerometers, IMUs, and INS products for systems solutions, performance guidance, navigation, control, pointing, and stabilization applications in commercial and military aircraft, unmanned autonomous vehicles, land vehicles, precision-guided weapons, and industrial and marine platforms. The company provides advanced ring laser gyro-based products and space and navigation that offers performance improvement, reliability, and quality pointing and position capability for land navigation systems, including artillery/radar positioning and pointing systems and battlefield/artillery survey systems used for survey, pointing, position for precise, indirect mass fire and counter-fire U.S. army operations. It sells its products through direct sales force, application engineers, third-party sales representatives, and distributors. The company was founded in 1984 and is headquartered in Budd Lake, New Jersey.
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