Shares of AU Optronics Corp (NYSE:AUO) have been assigned an average recommendation of “Hold” from the twelve analysts that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company.
A number of brokerages have weighed in on AUO. Drexel Hamilton reaffirmed a “hold” rating on shares of AU Optronics in a report on Tuesday, August 8th. ValuEngine raised AU Optronics from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Zacks Investment Research raised AU Optronics from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, Morgan Stanley downgraded AU Optronics from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 15th.
Shares of AU Optronics (NYSE:AUO) traded up $0.08 during mid-day trading on Monday, hitting $4.46. The company’s stock had a trading volume of 599,900 shares, compared to its average volume of 1,695,782. The firm has a market cap of $4,270.00, a P/E ratio of 3.57 and a beta of 0.54. AU Optronics has a 52-week low of $3.46 and a 52-week high of $4.95. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.36 and a current ratio of 1.57.
AU Optronics (NYSE:AUO) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $0.92 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.63. The firm had revenue of $87.40 billion for the quarter, compared to the consensus estimate of $85.19 billion. AU Optronics had a return on equity of 18.55% and a net margin of 10.56%. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 EPS. analysts expect that AU Optronics will post 1.05 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allianz Asset Management GmbH boosted its holdings in shares of AU Optronics by 24.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 265,962 shares of the semiconductor company’s stock valued at $1,074,000 after acquiring an additional 52,817 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in AU Optronics by 7.4% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 906,109 shares of the semiconductor company’s stock worth $3,661,000 after buying an additional 62,100 shares during the period. Dynamic Technology Lab Private Ltd lifted its holdings in AU Optronics by 168.6% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 57,262 shares of the semiconductor company’s stock worth $231,000 after buying an additional 35,945 shares during the period. Wedbush Securities Inc. lifted its holdings in AU Optronics by 27.7% during the 3rd quarter. Wedbush Securities Inc. now owns 70,513 shares of the semiconductor company’s stock worth $285,000 after buying an additional 15,301 shares during the period. Finally, Aperio Group LLC lifted its holdings in AU Optronics by 2.2% during the 3rd quarter. Aperio Group LLC now owns 3,097,603 shares of the semiconductor company’s stock worth $12,514,000 after buying an additional 65,825 shares during the period. 7.33% of the stock is currently owned by institutional investors.
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AU Optronics Company Profile
AU Optronics Corp. is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.
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