Equities research analysts forecast that O2Micro International Limited (NASDAQ:OIIM) will post $0.12 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for O2Micro International’s earnings. The highest EPS estimate is $0.12 and the lowest is $0.11. O2Micro International reported earnings of $0.11 per share in the same quarter last year, which would indicate a positive year over year growth rate of 9.1%. The business is expected to report its next quarterly earnings results on Friday, October 29th.
According to Zacks, analysts expect that O2Micro International will report full-year earnings of $0.44 per share for the current year, with EPS estimates ranging from $0.42 to $0.46. For the next year, analysts expect that the company will post earnings of $0.57 per share, with EPS estimates ranging from $0.54 to $0.59. Zacks’ EPS averages are an average based on a survey of research firms that cover O2Micro International.
O2Micro International (NASDAQ:OIIM) last posted its quarterly earnings data on Friday, July 30th. The electronics maker reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $26.21 million during the quarter, compared to analyst estimates of $24.20 million. O2Micro International had a net margin of 13.62% and a return on equity of 15.09%.
Hedge funds have recently modified their holdings of the stock. Wilbanks Smith & Thomas Asset Management LLC acquired a new position in O2Micro International during the second quarter worth approximately $72,000. Stifel Financial Corp acquired a new position in O2Micro International during the first quarter worth approximately $92,000. Cubist Systematic Strategies LLC acquired a new position in O2Micro International during the first quarter worth approximately $92,000. Citigroup Inc. acquired a new position in O2Micro International during the second quarter worth approximately $101,000. Finally, LPL Financial LLC increased its position in O2Micro International by 39.0% during the second quarter. LPL Financial LLC now owns 14,552 shares of the electronics maker’s stock worth $105,000 after purchasing an additional 4,082 shares during the last quarter. 35.00% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ:OIIM traded up $0.24 during trading on Monday, reaching $6.05. The stock had a trading volume of 783 shares, compared to its average volume of 251,453. The business has a fifty day moving average price of $6.79 and a 200-day moving average price of $7.10. The stock has a market cap of $172.09 million, a P/E ratio of 13.83 and a beta of 0.68. O2Micro International has a fifty-two week low of $3.02 and a fifty-two week high of $11.25.
About O2Micro International
O2Micro International Ltd. engages in designing, developing, and marketing of integrated circuits and solutions. It offers solutions for manufacturers of products in the consumer electronics, computers, industrial, communications, and automotive markets. Its products include backlighting and battery management.
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