Shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) have been given an average recommendation of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $14.50.
Several equities analysts have recently weighed in on AOSL shares. Zacks Investment Research cut Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Friday, June 19th. BidaskClub raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Wednesday, May 6th. B. Riley boosted their price target on Alpha and Omega Semiconductor from $8.00 to $11.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. ValuEngine upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Finally, TheStreet lowered shares of Alpha and Omega Semiconductor from a “c-” rating to a “d+” rating in a research report on Friday, March 20th.
NASDAQ:AOSL traded down $0.14 during mid-day trading on Thursday, reaching $10.71. The company’s stock had a trading volume of 2,517 shares, compared to its average volume of 111,955. The company has a current ratio of 1.53, a quick ratio of 0.86 and a debt-to-equity ratio of 0.31. The stock has a market cap of $259.05 million, a P/E ratio of -68.00 and a beta of 2.27. The firm’s fifty day moving average price is $10.87 and its two-hundred day moving average price is $10.81. Alpha and Omega Semiconductor has a 12-month low of $5.82 and a 12-month high of $14.50.
Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.03. Alpha and Omega Semiconductor had a negative net margin of 0.87% and a positive return on equity of 3.12%. The firm had revenue of $106.85 million during the quarter, compared to analysts’ expectations of $106.00 million. Analysts predict that Alpha and Omega Semiconductor will post 0.4 earnings per share for the current fiscal year.
Several hedge funds have recently bought and sold shares of AOSL. Citigroup Inc. grew its stake in shares of Alpha and Omega Semiconductor by 85.9% during the 4th quarter. Citigroup Inc. now owns 5,093 shares of the semiconductor company’s stock valued at $69,000 after acquiring an additional 2,353 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in Alpha and Omega Semiconductor by 25.7% during the first quarter. BNP Paribas Arbitrage SA now owns 6,288 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 1,285 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Alpha and Omega Semiconductor in the first quarter worth approximately $76,000. Trexquant Investment LP increased its stake in shares of Alpha and Omega Semiconductor by 40.7% in the fourth quarter. Trexquant Investment LP now owns 15,623 shares of the semiconductor company’s stock worth $213,000 after purchasing an additional 4,518 shares in the last quarter. Finally, UBS Asset Management Americas Inc. bought a new stake in shares of Alpha and Omega Semiconductor during the 4th quarter valued at $231,000. 61.61% of the stock is currently owned by hedge funds and other institutional investors.
About Alpha and Omega Semiconductor
Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.
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