O2Micro International Limited (NASDAQ:OIIM) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a 12-month consensus target price of $9.68 for the company and are anticipating that the company will post ($0.06) earnings per share for the current quarter, according to Zacks. Zacks has also given O2Micro International an industry rank of 103 out of 256 based on the ratings given to its competitors.
Separately, TheStreet downgraded shares of O2Micro International from a “c” rating to a “d+” rating in a report on Thursday, May 2nd.
Shares of OIIM stock traded up $0.08 during trading hours on Monday, hitting $1.38. The company’s stock had a trading volume of 2,400 shares, compared to its average volume of 22,407. The company has a 50 day moving average of $1.37 and a 200 day moving average of $1.48. The stock has a market cap of $35.93 million, a PE ratio of 15.33 and a beta of 0.64. The company has a current ratio of 6.77, a quick ratio of 5.62 and a debt-to-equity ratio of 0.03. O2Micro International has a 12-month low of $1.26 and a 12-month high of $2.40.
O2Micro International (NASDAQ:OIIM) last released its quarterly earnings data on Friday, August 2nd. The electronics maker reported ($0.11) EPS for the quarter, meeting the 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, analysts anticipate that O2Micro International will post -0.4 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently bought and sold shares of OIIM. White Pine Capital LLC lifted its stake in shares of O2Micro International by 10.0% in the 1st quarter. White Pine Capital LLC now owns 891,915 shares of the electronics maker’s stock valued at $1,525,000 after purchasing an additional 81,050 shares during the period. DNB Asset Management AS raised its position in O2Micro International by 1.0% during the second 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 during the period. Balter Liquid Alternatives LLC raised its position in O2Micro International by 11.9% during the second quarter. Balter Liquid Alternatives LLC now owns 112,814 shares of the electronics maker’s stock worth $156,000 after acquiring an additional 12,010 shares during the period. Finally, Susquehanna International Group LLP raised its position in O2Micro International by 94.6% during the second quarter. Susquehanna International Group LLP now owns 23,047 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 11,202 shares during the period. Hedge funds and other institutional investors own 38.44% of the company’s stock.
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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