Oclaro (NASDAQ: OCLR) is one of 67 public companies in the “Communications & Networking” industry, but how does it compare to its competitors? We will compare Oclaro to related companies based on the strength of its risk, dividends, valuation, analyst recommendations, institutional ownership, profitability and earnings.
Insider and Institutional Ownership
70.4% of Oclaro shares are owned by institutional investors. Comparatively, 64.0% of shares of all “Communications & Networking” companies are owned by institutional investors. 2.0% of Oclaro shares are owned by company insiders. Comparatively, 13.4% of shares of all “Communications & Networking” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This table compares Oclaro and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Oclaro||$600.97 million||$140.44 million||11.48|
|Oclaro Competitors||$2.88 billion||$623.96 million||27.31|
Oclaro’s competitors have higher revenue and earnings than Oclaro. Oclaro is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Risk & Volatility
Oclaro has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500. Comparatively, Oclaro’s competitors have a beta of 1.17, suggesting that their average share price is 17% more volatile than the S&P 500.
This is a breakdown of recent ratings and recommmendations for Oclaro and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Oclaro currently has a consensus target price of $13.33, suggesting a potential upside of 54.86%. As a group, “Communications & Networking” companies have a potential upside of 22.27%. Given Oclaro’s stronger consensus rating and higher probable upside, equities analysts clearly believe Oclaro is more favorable than its competitors.
This table compares Oclaro and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Oclaro beats its competitors on 9 of the 13 factors compared.
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. The Company’s product offerings include client side transceivers, line side transceivers, tunable laser transmitters, lithium niobate modulators, transponder modules, and discrete lasers and receivers. It designs, manufactures and markets optical components, modules and subsystems that generate, detect, combine and separate light signals in optical communications networks. The Company supplies transmission products at the component level and the module level into 10 gigabits per second (Gb/s), 40 Gb/s and 100 Gb/s communications solutions.
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