AU Optronics Corp (NYSE:AUO) has been given a consensus recommendation of “Hold” by the twelve research firms that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company.
Several brokerages recently issued reports on AUO. Zacks Investment Research raised shares of AU Optronics from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. ValuEngine raised shares of AU Optronics from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd.
A number of large investors have recently bought and sold shares of AUO. Tower Research Capital LLC TRC acquired a new stake in shares of AU Optronics in the second quarter worth $127,000. US Bancorp DE increased its position in shares of AU Optronics by 64.9% in the second quarter. US Bancorp DE now owns 28,514 shares of the semiconductor company’s stock worth $130,000 after acquiring an additional 11,223 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of AU Optronics in the second quarter worth $163,000. Verition Fund Management LLC increased its position in shares of AU Optronics by 102.3% in the second quarter. Verition Fund Management LLC now owns 36,210 shares of the semiconductor company’s stock worth $165,000 after acquiring an additional 18,310 shares in the last quarter. Finally, Marshall Wace North America L.P. acquired a new stake in shares of AU Optronics in the second quarter worth $213,000. 6.67% of the stock is currently owned by institutional investors.
Shares of AU Optronics (NYSE AUO) traded up $0.05 on Friday, hitting $4.17. 523,700 shares of the company traded hands, compared to its average volume of 1,605,007. The company has a quick ratio of 1.36, a current ratio of 1.57 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $3,965.19, a P/E ratio of 3.30 and a beta of 0.54. AU Optronics has a fifty-two week low of $3.52 and a fifty-two week high of $4.95.
AU Optronics (NYSE:AUO) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.63. The business had revenue of $87.40 billion for the quarter, compared to the consensus estimate of $85.19 billion. AU Optronics had a net margin of 10.56% and a return on equity of 18.55%. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 earnings per share. equities research analysts expect that AU Optronics will post 1.05 earnings per share for the current fiscal year.
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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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