Shares of O2Micro International Limited (NASDAQ:OIIM) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus target price of $9.37 for the company and are expecting that the company will post ($0.12) earnings per share for the current quarter, according to Zacks. Zacks has also assigned O2Micro International an industry rank of 202 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine raised O2Micro International from a “sell” rating to a “hold” rating in a report on Saturday, February 2nd.
An institutional investor recently raised its position in O2Micro International stock. Essex Investment Management Co. LLC lifted its stake in O2Micro International Limited (NASDAQ:OIIM) by 195.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 172,837 shares of the electronics maker’s stock after buying an additional 114,265 shares during the period. Essex Investment Management Co. LLC owned about 0.67% of O2Micro International worth $261,000 at the end of the most recent reporting period. Institutional investors own 41.02% of the company’s stock.
Shares of OIIM opened at $1.46 on Friday. O2Micro International has a 1 year low of $1.30 and a 1 year high of $2.40. The company has a market capitalization of $39.55 million, a PE ratio of 16.22 and a beta of 0.76.
O2Micro International (NASDAQ:OIIM) last issued its earnings results on Wednesday, January 30th. The electronics maker reported ($0.06) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.06). O2Micro International had a return on equity of 2.91% and a net margin of 3.33%. The business had revenue of $16.59 million during the quarter, compared to analysts’ expectations of $16.80 million. Research analysts predict that O2Micro International will post -0.39 earnings per share for the current year.
O2Micro International Company Profile
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.
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