Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock Has Consensus Price Target of $41.50

by · The Markets Daily

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Free Report) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $41.50.

AOSL has been the topic of a number of recent analyst reports. Needham & Company LLC cut their price target on shares of Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Lake Street Capital assumed coverage on shares of Alpha and Omega Semiconductor in a research note on Thursday, June 25th. They issued a “buy” rating and a $58.00 price objective for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Friday, July 17th. B. Riley Financial cut 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. Finally, Stifel Nicolaus increased their target price 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.

Get Our Latest Report on AOSL

Alpha and Omega Semiconductor Stock Down 1.4%

NASDAQ:AOSL opened at $27.31 on Friday. The stock has a fifty day simple moving average of $28.67 and a 200 day simple moving average of $33.49. The firm has a market capitalization of $826.40 million, a price-to-earnings ratio of -19.37 and a beta of 2.56. Alpha and Omega Semiconductor has a 1-year low of $17.01 and a 1-year high of $54.34.

Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The semiconductor company reported ($0.13) earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $168.00 million. During the same quarter in the previous year, the company earned $0.02 EPS. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. Equities analysts predict that Alpha and Omega Semiconductor will post -1.7 earnings per share for the current year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several hedge funds have recently bought and sold shares of AOSL. Integrated Wealth Concepts LLC purchased a new position in Alpha and Omega Semiconductor during the 2nd quarter valued at about $40,000. Globeflex Capital L P purchased a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth approximately $182,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth approximately $197,000. Arizona State Retirement System acquired a new stake in shares of Alpha and Omega Semiconductor during the second quarter worth approximately $321,000. Finally, AXQ Capital LP acquired a new stake in shares of Alpha and Omega Semiconductor during the second quarter worth approximately $357,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

About Alpha and Omega Semiconductor

(Get Free Report)

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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