Bruce Grooms - EMCORE Director

EMKR Stock  USD 0.35  0.01  2.78%   

Director

Mr. Bruce Grooms is Director of the Company. Mr. Grooms has extensive senior management and executive experience in both the private sector and the U.S. Navy. From 2015 until June 1, 2019, Mr. Grooms served as Raytheons Vice President of U.S. Business Development Navy and Marine Corporationration Programs, where he was responsible for identifying and pursuing U.S. Navy and Marine Corporationration business growth opportunities for Raytheon and was one of its primary contacts with Navy customers, pursuing opportunities in the evolving cyber area, undersea growth and nextgeneration strike weapons. Prior to joining Raytheon, Mr. Grooms served in the U.S. Navy, retiring as a Vice Admiral following a 35year U.S. Navy career since 2019.
Tenure 5 years
Address 2015 W. Chestnut Street, Alhambra, CA, United States, 91803
Phone626 293 3400
Webhttps://emcore.com
Grooms’ U.S. Navy service included the positions of Deputy Chief of Staff for Capability Development at the NATO Allied Command Transformation, Joint Staff Director and Assistant Deputy for Operations, Plans and Strategy for the Chief of Naval Operations’ staff, and Deputy Director and subsequently Director of the Submarine Warfare Division. He also served as Senior Inspector for the Nuclear Propulsion Examining Board, Senior Military Assistant to the Under Secretary of Defense for Policy, and Company Officer and Commandment of Midshipmen at the U.S. Naval Academy.

EMCORE Management Efficiency

The company has return on total asset (ROA) of (0.0708) % which means that it has lost $0.0708 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.495) %, meaning that it created substantial loss on money invested by shareholders. EMCORE's management efficiency ratios could be used to measure how well EMCORE manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/29/2024, Return On Capital Employed is likely to grow to -0.37. In addition to that, Return On Assets is likely to grow to -0.46. At this time, EMCORE's Total Assets are relatively stable compared to the past year. As of 03/29/2024, Non Current Assets Total is likely to grow to about 59.5 M, while Other Current Assets are likely to drop slightly above 607.4 K.
The company currently holds 34.52 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. EMCORE has a current ratio of 3.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist EMCORE until it has trouble settling it off, either with new capital or with free cash flow. So, EMCORE's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EMCORE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EMCORE to invest in growth at high rates of return. When we think about EMCORE's use of debt, we should always consider it together with cash and equity.

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EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California. Emcore Corp operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 365 people. EMCORE (EMKR) is traded on NASDAQ Exchange in USA. It is located in 2015 W. Chestnut Street, Alhambra, CA, United States, 91803 and employs 350 people. EMCORE is listed under Communications Equipment category by Fama And French industry classification.

Management Performance

EMCORE Leadership Team

Elected by the shareholders, the EMCORE's board of directors comprises two types of representatives: EMCORE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EMCORE. The board's role is to monitor EMCORE's management team and ensure that shareholders' interests are well served. EMCORE's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EMCORE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Bogomolny, Lead Independent Director
Ettore Coringrato, Director
Bruce Grooms, Director
Gerald Fine, Director
Iain Black, Senior Operations
Charles Scott, Independent Director
Stephen Domenik, Director
David Wojciechowski, Marketing Sales
Thomas Minichiello, Chief Officer
Marc Cavagnolo, VP Devel
Hank Blauvelt, Chief Officer
Mark Weinswig, CFO and Secretary
Jeffrey Rittichier, CEO and President and Director
Rex Jackson, Director
Jikun Kim, CFO
Ryan Hochgesang, General VP
Mark Gordon, Interim Principal Financial and Accounting Officer

EMCORE Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is EMCORE a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with EMCORE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EMCORE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EMCORE will appreciate offsetting losses from the drop in the long position's value.

Moving against EMCORE Stock

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The ability to find closely correlated positions to EMCORE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMCORE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EMCORE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EMCORE to buy it.
The correlation of EMCORE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EMCORE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMCORE moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EMCORE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether EMCORE is a strong investment it is important to analyze EMCORE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EMCORE's future performance. For an informed investment choice regarding EMCORE Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running EMCORE's price analysis, check to measure EMCORE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.
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Is EMCORE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EMCORE. If investors know EMCORE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EMCORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Earnings Share
(0.75)
Revenue Per Share
1.582
Quarterly Revenue Growth
0.207
Return On Assets
(0.07)
The market value of EMCORE is measured differently than its book value, which is the value of EMCORE that is recorded on the company's balance sheet. Investors also form their own opinion of EMCORE's value that differs from its market value or its book value, called intrinsic value, which is EMCORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EMCORE's market value can be influenced by many factors that don't directly affect EMCORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EMCORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.