Shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) have earned an average rating of “Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $21.75.
Several analysts recently weighed in on AOSL shares. BidaskClub upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, March 3rd. Stifel Nicolaus cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating and cut their price target for the company from $16.00 to $13.00 in a report on Monday, May 14th. Zacks Investment Research upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Tuesday, May 8th. Finally, ValuEngine upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.
In other news, VP Daniel Kuang Ming Chang sold 3,750 shares of the business’s stock in a transaction on Tuesday, April 17th. The shares were sold at an average price of $16.00, for a total transaction of $60,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 5,416 shares of company stock worth $85,474. Company insiders own 21.70% of the company’s stock.
Several hedge funds have recently made changes to their positions in the company. Bank of Montreal Can raised its position in Alpha and Omega Semiconductor by 1,162.7% in the 4th quarter. Bank of Montreal Can now owns 9,344 shares of the semiconductor company’s stock worth $152,000 after buying an additional 8,604 shares during the last quarter. A.R.T. Advisors LLC bought a new position in shares of Alpha and Omega Semiconductor during the 1st quarter valued at approximately $167,000. Tower Research Capital LLC TRC grew its stake in shares of Alpha and Omega Semiconductor by 264.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,319 shares of the semiconductor company’s stock valued at $169,000 after acquiring an additional 7,488 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of Alpha and Omega Semiconductor during the 1st quarter valued at approximately $204,000. Finally, Victory Capital Management Inc. bought a new position in Alpha and Omega Semiconductor in the 1st quarter worth approximately $245,000. Hedge funds and other institutional investors own 68.83% of the company’s stock.
NASDAQ:AOSL traded down $0.04 during trading hours on Friday, hitting $16.05. The company had a trading volume of 58,900 shares, compared to its average volume of 119,539. The stock has a market cap of $380.89 million, a P/E ratio of 28.66 and a beta of 0.38. Alpha and Omega Semiconductor has a 52 week low of $12.92 and a 52 week high of $18.72. The company has a quick ratio of 1.19, a current ratio of 1.81 and a debt-to-equity ratio of 0.03.
Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, May 2nd. The semiconductor company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $102.90 million for the quarter, compared to analysts’ expectations of $101.78 million. Alpha and Omega Semiconductor had a net margin of 4.24% and a return on equity of 4.27%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 earnings per share. analysts expect that Alpha and Omega Semiconductor will post 0.57 EPS for the current fiscal year.
Alpha and Omega Semiconductor Company Profile
Alpha and Omega Semiconductor Limited and its subsidiaries design, develop, and supply various power semiconductors. It offers various power discrete products, including low, medium, and high voltage power metal-oxide-semiconductor field-effect transistors (MOSFETs); and SRFETs, XSFET, electrostatic discharges, protected MOSFETs, and insulated gate bipolar transistors, which are used for routing current and switching voltages in power control circuits.
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