Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Free Report) has been given a consensus rating of “Hold” by the seven analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $38.67.
AOSL has been the subject of a number of research analyst reports. Needham & Company LLC cut their price target on Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Williams Trading set a $45.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Thursday, August 13th. B. Riley Financial dropped their target price on shares of Alpha and Omega Semiconductor from $34.00 to $25.00 and set a “neutral” rating on the stock in a research report on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Thursday, October 15th. Finally, Stifel Nicolaus cut their target price on shares of Alpha and Omega Semiconductor from $38.00 to $34.00 and set a “hold” rating for the company in a research note on Monday, October 5th.
Read Our Latest Stock Analysis on Alpha and Omega Semiconductor
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Signaturefd LLC lifted its stake in shares of Alpha and Omega Semiconductor by 877.0% in the third quarter. Signaturefd LLC now owns 1,104 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 991 shares during the period. Inspire Investing LLC bought a new position in Alpha and Omega Semiconductor during the third quarter valued at about $640,000. GAMMA Investing LLC increased its stake in Alpha and Omega Semiconductor by 15.2% during the third quarter. GAMMA Investing LLC now owns 4,095 shares of the semiconductor company’s stock valued at $113,000 after acquiring an additional 541 shares during the period. Farther Finance Advisors LLC increased its stake in Alpha and Omega Semiconductor by 2,008.6% during the third quarter. Farther Finance Advisors LLC now owns 1,223 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,165 shares during the period. Finally, Congress Asset Management Co. lifted its position in shares of Alpha and Omega Semiconductor by 21.3% in the 3rd quarter. Congress Asset Management Co. now owns 246,735 shares of the semiconductor company’s stock worth $6,785,000 after acquiring an additional 43,275 shares during the period. Institutional investors own 78.97% of the company’s stock.
Alpha and Omega Semiconductor Trading Up 0.3%
Alpha and Omega Semiconductor stock opened at $21.97 on Tuesday. Alpha and Omega Semiconductor has a 52 week low of $17.01 and a 52 week high of $54.34. The business’s 50-day simple moving average is $26.12 and its 200-day simple moving average is $30.24.
Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last announced its earnings results on Wednesday, August 12th. The semiconductor company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.11. The firm had revenue of $170.37 million during the quarter, compared to the consensus estimate of $168.00 million. Alpha and Omega Semiconductor had a negative return on equity of 4.88% and a negative net margin of 6.23%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.02 EPS. As a group, research analysts predict that Alpha and Omega Semiconductor will post -1.70 earnings per share for the current year.
Alpha and Omega Semiconductor Company Profile
Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a semiconductor company that designs, develops and supplies power management products. Its portfolio includes power MOSFETs, power integrated circuits, transient voltage suppressors, insulated-gate bipolar transistors and other power semiconductor devices used to manage, convert and protect electrical power.
The company’s products are used in applications including personal computers, servers, telecommunications equipment, consumer electronics, industrial systems, automotive equipment and power supplies.
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