Head to Head Analysis: EMCORE Corporation (EMKR) & Its Competitors

EMCORE Corporation (NASDAQ: EMKR) is one of 67 public companies in the “Communications & Networking” industry, but how does it compare to its peers? We will compare EMCORE Corporation to related businesses based on the strength of its analyst recommendations, risk, institutional ownership, profitability, earnings, valuation and dividends.

Earnings and Valuation

This table compares EMCORE Corporation and its peers revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
EMCORE Corporation $119.32 million $13.00 million 28.17
EMCORE Corporation Competitors $2.88 billion $624.22 million 27.33

EMCORE Corporation’s peers have higher revenue and earnings than EMCORE Corporation. EMCORE Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for EMCORE Corporation and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EMCORE Corporation 0 1 3 0 2.75
EMCORE Corporation Competitors 368 2400 3935 157 2.57

EMCORE Corporation currently has a consensus target price of $11.88, indicating a potential upside of 40.53%. As a group, “Communications & Networking” companies have a potential upside of 23.01%. Given EMCORE Corporation’s stronger consensus rating and higher possible upside, research analysts clearly believe EMCORE Corporation is more favorable than its peers.

Insider and Institutional Ownership

76.1% of EMCORE Corporation shares are held by institutional investors. Comparatively, 64.8% of shares of all “Communications & Networking” companies are held by institutional investors. 0.8% of EMCORE Corporation shares are held by insiders. Comparatively, 13.2% of shares of all “Communications & Networking” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares EMCORE Corporation and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
EMCORE Corporation 6.73% 9.25% 7.71%
EMCORE Corporation Competitors -2.21% -5.92% 0.30%

Risk & Volatility

EMCORE Corporation has a beta of 0.61, suggesting that its share price is 39% less volatile than the S&P 500. Comparatively, EMCORE Corporation’s peers have a beta of 1.17, suggesting that their average share price is 17% more volatile than the S&P 500.

Summary

EMCORE Corporation beats its peers on 7 of the 13 factors compared.

EMCORE Corporation Company Profile

EMCORE Corporation is engaged in designing and manufacturing indium phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. The Company focuses on linear fiber optic transmission technology. The Company operates through Fiber Optics segment. The Company provides optical components, and also end-to-end solutions for high-speed communications network infrastructures. The Company’s optical technologies are designed for cable television (CATV) and fiber-to-the-premise (FTTP) networks, telecommunications and data centers, satellite communications, aerospace and defense, wireless networks, and broadcast and professional audio/video systems. The Company’s fiber optics products enable information that is modulated on light signals to be transmitted, routed (switched) and received in communication systems and networks.

Receive News & Ratings for EMCORE Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCORE Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply