Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Receives Average Rating of “Hold” from Analysts

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) have been given an average recommendation of “Hold” by the seven brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $41.50.

Several research firms recently issued reports on AOSL. Stifel Nicolaus upped their price target on shares of Alpha and Omega Semiconductor from $36.00 to $42.00 and gave the company a “hold” rating in a report on Wednesday, June 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Friday, July 17th. B. Riley Financial cut their target price on shares of Alpha and Omega Semiconductor from $38.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, August 13th. Needham & Company LLC reduced their price target on shares of Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Finally, Wall Street Zen downgraded Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AOSL. Integrated Wealth Concepts LLC bought a new stake in shares of Alpha and Omega Semiconductor in the 2nd quarter valued at approximately $40,000. Globeflex Capital L P acquired a new position in Alpha and Omega Semiconductor in the second quarter worth $182,000. Public Employees Retirement System of Ohio acquired a new position in Alpha and Omega Semiconductor in the second quarter worth $197,000. Louisiana State Employees Retirement System bought a new stake in Alpha and Omega Semiconductor during the first quarter valued at $244,000. Finally, Arizona State Retirement System bought a new stake in Alpha and Omega Semiconductor during the second quarter valued at $321,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Stock Up 4.9%

AOSL stock opened at $28.84 on Friday. The stock’s 50 day moving average is $28.13 and its two-hundred day moving average is $33.73. Alpha and Omega Semiconductor has a 52-week low of $17.01 and a 52-week high of $54.34. The company has a market capitalization of $872.70 million, a PE ratio of -20.45 and a beta of 2.64.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, August 12th. The semiconductor company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.11. Alpha and Omega Semiconductor had a negative return on equity of 4.88% and a negative net margin of 6.23%.The company had revenue of $170.37 million during the quarter, compared to analysts’ expectations of $168.00 million. During the same period in the prior year, the business posted $0.02 EPS. The business’s revenue was down 3.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Alpha and Omega Semiconductor will post -1.7 EPS for the current year.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a semiconductor company that designs, develops and supplies power-management products. Its portfolio includes power discrete devices, power integrated circuits and other semiconductor solutions used to control, convert and manage electrical power in electronic systems.

The company’s products include power MOSFETs, insulated-gate bipolar transistors, power ICs, transient-voltage-suppression devices and related products. These components are used in applications such as computers, smartphones, consumer electronics, telecommunications equipment, industrial systems, automotive products and other power-sensitive devices.

Founded in 2000, Alpha and Omega Semiconductor combines semiconductor design with manufacturing, assembly and testing capabilities.