EMCORE Corp
General ticker "EMKR" information:
- Sector: Information Technology
- Industry: Communications Equipment
- Capitalization: $26.9M
EMCORE Corp does not follow the US Stock Market performance with the rate: -22.0%.
Estimated limits based on current volatility of 1.4%: low 2.96$, high 3.04$
Factors to consider:
- US and Canada accounted for 76.9% of revenue in the fiscal year ended 2023-09-30
- Current price 33.2% below estimated low
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-09-30 to 2025-09-29
- 2023-09-30 to 2024-09-29 estimated range: [3.84$, 9.69$]
- 2024-09-29 to 2025-09-29 estimated range: [4.55$, 10.48$]
Financial Metrics affecting the EMKR estimates:
- Negative: Non-GAAP EPS, $ of -5.60 <= 0.10
- Negative: Operating profit margin, % of -33.02 <= 1.03
- Negative: Operating cash flow per share per price, % of -53.61 <= 2.35
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 2.91 <= 3.85
- Negative: Industry earnings per price (median), % of 2.00 <= 4.38
Short-term EMKR quotes
Long-term EMKR plot with estimates
Financial data
| YTD | 2021-09-30 | 2022-09-30 | 2023-09-30 |
|---|---|---|---|
| Operating Revenue | $157.93MM | $45.32MM | $98.86MM |
| Operating Expenses | $138.95MM | $86.35MM | $147.60MM |
| Operating Income | $18.98MM | $-41.04MM | $-48.74MM |
| Non-Operating Income | $7.23MM | $0.14MM | $-0.63MM |
| Interest Expense | $0.47MM | $0.14MM | $0.75MM |
| R&D Expense | $17.45MM | $18.54MM | $17.91MM |
| Income(Loss) | $26.21MM | $-40.90MM | $-49.37MM |
| Taxes | $0.57MM | $-0.14MM | $0.04MM |
| Other Income(Loss) | $0.00MM | $16.43MM | $-25.95MM |
| Profit(Loss) | $25.64MM | $-24.33MM | $-75.36MM |
| Stockholders Equity | $137.47MM | $117.97MM | $80.29MM |
| Inventory | $32.31MM | $37.03MM | $28.91MM |
| Assets | $180.81MM | $189.08MM | $143.91MM |
| Operating Cash Flow | $11.15MM | $2.96MM | $-33.64MM |
| Capital expenditure | $5.36MM | $6.57MM | $1.86MM |
| Investing Cash Flow | $-3.84MM | $-62.70MM | $9.47MM |
| Financing Cash Flow | $33.73MM | $14.35MM | $24.40MM |
| Earnings Per Share* | $7.54 | $-6.53 | $-14.63 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.