Stifel Nicolaus Has Lowered Expectations for Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock Price

Alpha and Omega Semiconductor (NASDAQ:AOSL) had its price target reduced by investment analysts at Stifel Nicolaus from $30.00 to $18.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “sell” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective would suggest a potential downside of 0.35% from the stock’s previous close.

Several other research analysts have also recently commented on the stock. Benchmark upped their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, March 7th.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL opened at $18.06 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The business’s fifty day moving average price is $27.15 and its 200 day moving average price is $34.09. Alpha and Omega Semiconductor has a 12-month low of $16.38 and a 12-month high of $53.29. The stock has a market capitalization of $531.35 million, a PE ratio of -22.56 and a beta of 2.48.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. Equities research analysts forecast that Alpha and Omega Semiconductor will post -0.82 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AOSL. Vanguard Group Inc. lifted its holdings in Alpha and Omega Semiconductor by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 2,411,632 shares of the semiconductor company’s stock valued at $89,303,000 after acquiring an additional 14,070 shares during the last quarter. State Street Corp raised its holdings in shares of Alpha and Omega Semiconductor by 33.2% in the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock worth $49,789,000 after purchasing an additional 334,657 shares in the last quarter. Hood River Capital Management LLC acquired a new stake in Alpha and Omega Semiconductor during the fourth quarter valued at approximately $42,162,000. Wellington Management Group LLP boosted its holdings in Alpha and Omega Semiconductor by 12.4% during the fourth quarter. Wellington Management Group LLP now owns 633,345 shares of the semiconductor company’s stock worth $23,453,000 after buying an additional 70,100 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Alpha and Omega Semiconductor by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 580,556 shares of the semiconductor company’s stock worth $21,503,000 after buying an additional 1,851 shares during the last quarter. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.