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Last $19.63 USD
Change Today -0.27 / -1.36%
Volume 109.2K
NEWP On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 5:20 PM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

newport corp (NEWP) Snapshot

Open
$19.69
Previous Close
$19.90
Day High
$20.06
Day Low
$19.54
52 Week High
03/7/14 - $21.61
52 Week Low
10/13/14 - $16.06
Market Cap
777.8M
Average Volume 10 Days
140.6K
EPS TTM
$0.94
Shares Outstanding
39.6M
EX-Date
09/10/01
P/E TM
20.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for NEWPORT CORP (NEWP)

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newport corp (NEWP) Details

Newport Corporation, together with its subsidiaries, provides technology products and systems for scientific research, microelectronics, defense and security, life and health sciences, and industrial markets worldwide. The company operates in three groups: Photonics, Lasers, and Optics. The Photonics group provides photonics instruments and systems; vibration isolation systems and subsystems; precision positioning systems and subsystems; optics and opto-mechanical components for research applications; optical hardware; and three-dimensional non-contact measurement sensors and equipment. The Lasers group offers lasers and laser-based systems comprising ultrafast lasers and amplifiers, diode-pumped solid-state lasers, high-energy pulsed lasers, tunable lasers, fiber lasers, and gas lasers. The Optics group provides optical lens assemblies and elements for infrared cameras and infrared radiometric/thermograph systems; CO2 and fiber laser optics; optics for infrared, visible, and ultraviolet wavelengths; replicated mirrors; ruled and holographic diffraction gratings; thin-film filters and coatings; and opto-mechanical subassemblies and subsystems. The company offers its products under the ILX Lightwave, New Focus, Newport, Ophir, Optimet, Oriel Instruments, Richardson Gratings, Spiricon, and Spectra-Physics brand names. Newport Corporation sells its products and services to original equipment manufacturers, end-user customers, and capital equipment customers through direct sales organizations, a network of independent distributors, and sales representatives, as well as through product catalogs and Websites. Newport Corporation was founded in 1938 and is headquartered in Irvine, California.

newport corp (NEWP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $515.1K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $367.6K
Senior Vice President and General Manager of ...
Total Annual Compensation: $304.4K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $303.2K
Senior Vice President and General Manager of ...
Total Annual Compensation: $277.9K
Compensation as of Fiscal Year 2013.

newport corp (NEWP) Key Developments

Newport Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended Jan. 3, 2015; Provides Earnings Guidance for the First Quarter Ending April 4, 2015

Newport Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended Jan. 3, 2015. For the quarter, the company reported net sales of $158,729,000 compared to $154,176,000 a year ago. Operating income was $12,993,000 compared to $14,829,000 a year ago. Income before income taxes was $11,500,000 compared to $13,811,000 a year ago. Net income attributable to the company was $8,750,000 or $0.22 per diluted share compared to $9,756,000 or $0.24 per diluted share a year ago. Non-GAAP operating income was $21,540,000 compared to $23,053,000 a year ago. Non-GAAP net income was $15,445,000 or $0.38 per diluted share compared to $15,340,000 or $0.38 per diluted share a year ago. Cash generated from operations was $18.8 million. For the year, the company reported net sales of $605,150,000 compared to $560,054,000 a year ago. Operating income was $51,765,000 compared to $31,281,000 a year ago. Income before income taxes was $47,680,000 compared to $21,436,000 a year ago. Net income attributable to the company was $35,058,000 or $0.87 per diluted share compared to $15,601,000 or $0.39 per diluted share a year ago. Non-GAAP operating income was $79,014,000 compared to $65,295,000 a year ago. Non-GAAP net income was $54,203,000 or $1.34 per diluted share compared to $41,706,000 or $1.05 per diluted share a year ago. Cash generated from operations was $57.8 million. For the first quarter ending April 4, 2015, the company expects earnings per diluted share of $0.15 - $0.22, amortization of intangible assets of $0.04 per share, non-GAAP earnings per diluted share of $0.27 - $0.34 and sales to be in the range of $147 million to $154 million.

Newport Corporation Mulls Acquisition

Newport Corp. (NasdaqGS:NEWP) is seeking acquisitions. Chuck Cargile, Senior Vice President, Chief Financial officer and Treasurer of Newport Corporation, said in Newport Corporation earnings call, “Furthermore, we will continue to effectively utilize our strong cash generation to make accretive, strategic acquisitions, buy back Newport shares, and/or reduce our debt.”

Newport Corp. Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-10-2015 08:35 AM

Newport Corp. Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-10-2015 08:35 AM. Venue: The Westin St. Francis, San Francisco, California, United States. Speakers: Charles F. Cargile, Chief Financial Officer, Senior Vice President and Treasurer, Robert J. Phillippy, Chief Executive Officer, President and Director.

 

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Industry Analysis

NEWP

Industry Average

Valuation NEWP Industry Range
Price/Earnings 23.0x
Price/Sales 1.3x
Price/Book 2.2x
Price/Cash Flow 22.5x
TEV/Sales 1.1x
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