Do Analysts Expect EMCORE Corporation (EMKR) Stock to Rise After It Has Fallen -17.82% in a Month?

InvestorsObserver is giving EMCORE Corporation (EMKR) an Analyst Rating Rank of 74, meaning EMKR is ranked higher by analysts than 74% of stocks. The average price target for EMKR is $12.166 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating EMKR a Strong Buy today. Find out what this means to you and get the rest of the rankings on EMKR!

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Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With EMCORE Corporation Stock Today?

EMCORE Corporation (EMKR) stock has fallen -3.83% while the S&P 500 has gained 0.96% as of 11:48 AM on Thursday, Dec 2. EMKR has fallen -$0.25 from the previous closing price of $6.66 on volume of 306,670 shares. Over the past year the S&P 500 is higher by 24.18% while EMKR has gained 47.36%. EMKR earned $0.59 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.93. Click Here to get the full Stock Report for EMCORE Corporation stock.