Alpha & Omega Semiconductor (AOSL) Receives $24.00 Consensus Price Target from Analysts

Alpha & Omega Semiconductor (NASDAQ:AOSL) has been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $24.00.

Several equities research analysts have commented on the company. BidaskClub lowered Alpha & Omega Semiconductor from a “sell” rating to a “strong sell” rating in a research note on Wednesday, December 27th. Stifel Nicolaus cut their price objective on Alpha & Omega Semiconductor from $18.00 to $17.00 and set a “hold” rating for the company in a research note on Tuesday, February 6th. Finally, Zacks Investment Research lowered Alpha & Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th.

NASDAQ:AOSL traded down $0.40 during trading hours on Monday, hitting $15.05. 87,864 shares of the stock were exchanged, compared to its average volume of 104,811. Alpha & Omega Semiconductor has a 52-week low of $13.52 and a 52-week high of $20.48. The firm has a market cap of $369.38, a P/E ratio of 26.88 and a beta of 0.36.

Alpha & Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $0.16 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.16. Alpha & Omega Semiconductor had a return on equity of 4.84% and a net margin of 4.82%. The company had revenue of $103.90 million during the quarter, compared to analyst estimates of $101.93 million. analysts anticipate that Alpha & Omega Semiconductor will post 0.54 earnings per share for the current year.

In other Alpha & Omega Semiconductor news, CFO Yifan Liang sold 15,075 shares of the business’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $17.70, for a total transaction of $266,827.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 21.70% of the stock is currently owned by insiders.

Hedge funds have recently bought and sold shares of the company. Bank of Montreal Can grew its position in shares of Alpha & Omega Semiconductor by 1,162.7% in the fourth quarter. Bank of Montreal Can now owns 9,344 shares of the semiconductor company’s stock valued at $152,000 after purchasing an additional 8,604 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of Alpha & Omega Semiconductor in the third quarter valued at approximately $256,000. Tower Research Capital LLC TRC grew its position in shares of Alpha & Omega Semiconductor by 264.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,319 shares of the semiconductor company’s stock valued at $169,000 after purchasing an additional 7,488 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of Alpha & Omega Semiconductor by 98.0% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 21,168 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 10,478 shares in the last quarter. Finally, State Street Corp grew its position in shares of Alpha & Omega Semiconductor by 12.1% in the second quarter. State Street Corp now owns 346,165 shares of the semiconductor company’s stock valued at $5,768,000 after purchasing an additional 37,279 shares in the last quarter. Institutional investors and hedge funds own 70.31% of the company’s stock.

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Alpha & Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited and its subsidiaries design, develop, and supply various power semiconductors. It offers various power discrete products, including low, medium, and high voltage power metal-oxide-semiconductor field-effect transistors (MOSFETs); and SRFETs, XSFET, electrostatic discharges, protected MOSFETs, and insulated gate bipolar transistors, which are used for routing current and switching voltages in power control circuits.

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