Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Free Report) have earned an average recommendation of “Hold” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $41.50.
A number of research analysts have recently commented on AOSL shares. Stifel Nicolaus raised their price target on Alpha and Omega Semiconductor from $36.00 to $42.00 and gave the company a “hold” rating in a report on Wednesday, June 24th. B. Riley Financial lowered their target price on shares of Alpha and Omega Semiconductor from $38.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, August 13th. Lake Street Capital assumed coverage on shares of Alpha and Omega Semiconductor in a research report on Thursday, June 25th. They set a “buy” rating and a $58.00 price target on the stock. Needham & Company LLC reduced their price target on shares of Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Friday, July 17th.
View Our Latest Research Report on Alpha and Omega Semiconductor
Hedge Funds Weigh In On Alpha and Omega Semiconductor
Alpha and Omega Semiconductor Trading Down 1.4%
Shares of NASDAQ:AOSL opened at $27.31 on Friday. The firm’s 50 day moving average is $28.67 and its two-hundred day moving average is $33.49. Alpha and Omega Semiconductor has a 52 week low of $17.01 and a 52 week high of $54.34. The firm has a market capitalization of $826.40 million, a P/E ratio of -19.37 and a beta of 2.56.
Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last posted its earnings results on Wednesday, August 12th. The semiconductor company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.11. Alpha and Omega Semiconductor had a negative return on equity of 4.88% and a negative net margin of 6.23%.The firm had revenue of $170.37 million for the quarter, compared to analysts’ expectations of $168.00 million. During the same period last year, the firm earned $0.02 EPS. The firm’s revenue was down 3.5% compared to the same quarter last year. Analysts predict that Alpha and Omega Semiconductor will post -1.7 EPS for the current year.
About Alpha and Omega Semiconductor
Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a semiconductor company that designs, develops and supplies power-management products. Its portfolio includes power discrete devices, power integrated circuits and other semiconductor solutions used to control, convert and manage electrical power in electronic systems.
The company’s products include power MOSFETs, insulated-gate bipolar transistors, power ICs, transient-voltage-suppression devices and related products. These components are used in applications such as computers, smartphones, consumer electronics, telecommunications equipment, industrial systems, automotive products and other power-sensitive devices.
Founded in 2000, Alpha and Omega Semiconductor combines semiconductor design with manufacturing, assembly and testing capabilities.
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