Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) Expected to Post Earnings of $0.18 Per Share

Equities analysts predict that Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) will report $0.18 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Alpha and Omega Semiconductor’s earnings, with the lowest EPS estimate coming in at $0.16 and the highest estimate coming in at $0.20. Alpha and Omega Semiconductor reported earnings per share of $0.35 during the same quarter last year, which suggests a negative year-over-year growth rate of 48.6%. The business is scheduled to announce its next earnings results on Wednesday, August 5th.

On average, analysts expect that Alpha and Omega Semiconductor will report full-year earnings of $0.79 per share for the current fiscal year, with EPS estimates ranging from $0.76 to $0.81. For the next year, analysts forecast that the firm will report earnings of $0.71 per share, with EPS estimates ranging from $0.66 to $0.76. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that cover Alpha and Omega Semiconductor.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.03. The company had revenue of $106.85 million during the quarter, compared to analysts’ expectations of $106.00 million. Alpha and Omega Semiconductor had a positive return on equity of 3.12% and a negative net margin of 0.87%.

Several research firms have commented on AOSL. B. Riley lifted their price target on Alpha and Omega Semiconductor from $8.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. BidaskClub upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Wednesday, May 6th. Zacks Investment Research cut Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Friday, June 19th. ValuEngine upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, March 17th. Finally, TheStreet cut Alpha and Omega Semiconductor from a “c-” rating to a “d+” rating in a report on Friday, March 20th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.00.

AOSL traded down $0.66 during midday trading on Friday, hitting $9.89. The company’s stock had a trading volume of 351,475 shares, compared to its average volume of 145,082. The company has a current ratio of 1.53, a quick ratio of 0.86 and a debt-to-equity ratio of 0.31. The firm has a market cap of $260.06 million, a P/E ratio of -61.81 and a beta of 2.24. The firm has a 50-day moving average price of $10.92 and a two-hundred day moving average price of $10.92. Alpha and Omega Semiconductor has a 52-week low of $5.82 and a 52-week high of $14.50.

Large investors have recently modified their holdings of the company. FMR LLC lifted its position in Alpha and Omega Semiconductor by 38.5% during the 1st quarter. FMR LLC now owns 1,358,300 shares of the semiconductor company’s stock worth $15,634,000 after acquiring an additional 377,800 shares in the last quarter. AQR Capital Management LLC lifted its position in Alpha and Omega Semiconductor by 1,039.8% during the 4th quarter. AQR Capital Management LLC now owns 146,120 shares of the semiconductor company’s stock worth $1,990,000 after acquiring an additional 133,300 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in Alpha and Omega Semiconductor during the 4th quarter worth approximately $1,670,000. Grantham Mayo Van Otterloo & Co. LLC lifted its position in Alpha and Omega Semiconductor by 59.7% during the 1st quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 285,500 shares of the semiconductor company’s stock worth $1,830,000 after acquiring an additional 106,700 shares in the last quarter. Finally, Morgan Stanley lifted its position in Alpha and Omega Semiconductor by 193.8% during the 1st quarter. Morgan Stanley now owns 80,738 shares of the semiconductor company’s stock worth $518,000 after acquiring an additional 53,260 shares in the last quarter. Institutional investors and hedge funds own 61.61% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

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