Alpha and Omega Semiconductor Ltd (AOSL) Receives Average Recommendation of “Hold” from Brokerages

Shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) have received a consensus rating of “Hold” from the seven research firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $21.50.

Several analysts recently commented on AOSL shares. TheStreet lowered Alpha and Omega Semiconductor from a “b-” rating to a “c+” rating in a report on Monday, July 16th. Zacks Investment Research raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, July 31st. BidaskClub upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research report on Thursday, May 31st. Finally, ValuEngine downgraded Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, September 4th.

In related news, VP Daniel Kuang Ming Chang sold 9,481 shares of Alpha and Omega Semiconductor stock in a transaction on Tuesday, June 19th. The stock was sold at an average price of $15.92, for a total transaction of $150,937.52. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 21.70% of the stock is currently owned by insiders.

Several institutional investors have recently made changes to their positions in AOSL. Victory Capital Management Inc. purchased a new position in shares of Alpha and Omega Semiconductor in the first quarter valued at about $245,000. Swiss National Bank lifted its position in shares of Alpha and Omega Semiconductor by 13.1% in the first quarter. Swiss National Bank now owns 34,580 shares of the semiconductor company’s stock valued at $534,000 after acquiring an additional 4,000 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Alpha and Omega Semiconductor by 5.3% in the first quarter. California Public Employees Retirement System now owns 105,593 shares of the semiconductor company’s stock valued at $1,631,000 after acquiring an additional 5,293 shares in the last quarter. GSA Capital Partners LLP lifted its position in shares of Alpha and Omega Semiconductor by 181.7% in the first quarter. GSA Capital Partners LLP now owns 47,049 shares of the semiconductor company’s stock valued at $727,000 after acquiring an additional 30,349 shares in the last quarter. Finally, A.R.T. Advisors LLC purchased a new position in shares of Alpha and Omega Semiconductor in the first quarter valued at about $167,000. Institutional investors and hedge funds own 65.30% of the company’s stock.

Shares of AOSL opened at $12.30 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.84 and a quick ratio of 1.26. Alpha and Omega Semiconductor has a one year low of $12.19 and a one year high of $18.72. The firm has a market capitalization of $303.06 million, a P/E ratio of 18.09 and a beta of 0.30.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings data on Wednesday, August 8th. The semiconductor company reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.22. Alpha and Omega Semiconductor had a return on equity of 5.34% and a net margin of 3.38%. The company had revenue of $109.90 million during the quarter, compared to analyst estimates of $108.43 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. Alpha and Omega Semiconductor’s revenue was up 12.1% compared to the same quarter last year. equities research analysts predict that Alpha and Omega Semiconductor will post 0.85 EPS for the current fiscal year.

About Alpha and Omega Semiconductor

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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