O2Micro International Limited (NASDAQ:OIIM) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Analysts have set a 12-month consensus price objective of $9.68 for the company and are predicting that the company will post ($0.06) EPS for the current quarter, according to Zacks. Zacks has also assigned O2Micro International an industry rank of 103 out of 256 based on the ratings given to its competitors.
Separately, TheStreet downgraded O2Micro International from a “c” rating to a “d+” rating in a report on Thursday, May 2nd.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. DNB Asset Management AS raised its position in shares of O2Micro International by 1.0% in the 2nd quarter. DNB Asset Management AS now owns 2,649,409 shares of the electronics maker’s stock worth $3,673,000 after acquiring an additional 25,000 shares in the last quarter. White Pine Capital LLC raised its holdings in O2Micro International by 5.3% during the 2nd quarter. White Pine Capital LLC now owns 939,100 shares of the electronics maker’s stock valued at $1,302,000 after acquiring an additional 47,185 shares during the period. Balter Liquid Alternatives LLC raised its holdings in O2Micro International by 11.9% during the 2nd quarter. Balter Liquid Alternatives LLC now owns 112,814 shares of the electronics maker’s stock valued at $156,000 after acquiring an additional 12,010 shares during the period. Finally, Susquehanna International Group LLP raised its holdings in O2Micro International by 94.6% during the 2nd quarter. Susquehanna International Group LLP now owns 23,047 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 11,202 shares during the period. 38.32% of the stock is currently owned by hedge funds and other institutional investors.
O2Micro International stock traded down $0.07 during mid-day trading on Monday, reaching $1.31. 15,441 shares of the company traded hands, compared to its average volume of 19,722. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.77 and a quick ratio of 5.62. O2Micro International has a fifty-two week low of $1.26 and a fifty-two week high of $2.40. The company has a market capitalization of $34.35 million, a price-to-earnings ratio of 14.56 and a beta of 0.64. The firm’s fifty day moving average is $1.37 and its two-hundred day moving average is $1.48.
O2Micro International (NASDAQ:OIIM) last posted its quarterly earnings data on Friday, August 2nd. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.11). The business had revenue of $14.27 million for the quarter, compared to the consensus estimate of $13.30 million. O2Micro International had a negative net margin of 21.79% and a negative return on equity of 12.65%. As a group, equities research analysts predict that O2Micro International will post -0.4 earnings per share for the current year.
About O2Micro International
O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, Japan, Taiwan, Korea, Singapore, and internationally. The company provides analog and mixed-signal integrated circuits that manage and provide LCD and LED lighting; control and monitor battery charging and discharging in portable electronic devices and vehicles; perform DC/DC and AC/DC conversion; and provide select and switch functionality between power sources.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for O2Micro International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O2Micro International and related companies with MarketBeat.com's FREE daily email newsletter.