$101.27 Million in Sales Expected for Alpha & Omega Semiconductor (AOSL) This Quarter

Wall Street analysts expect Alpha & Omega Semiconductor (NASDAQ:AOSL) to report $101.27 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Alpha & Omega Semiconductor’s earnings. The lowest sales estimate is $101.00 million and the highest is $101.60 million. Alpha & Omega Semiconductor reported sales of $93.28 million during the same quarter last year, which indicates a positive year over year growth rate of 8.6%. The company is expected to issue its next earnings report on Wednesday, May 2nd.

On average, analysts expect that Alpha & Omega Semiconductor will report full-year sales of $101.27 million for the current year, with estimates ranging from $415.30 million to $415.80 million. For the next fiscal year, analysts expect that the business will post sales of $438.53 million per share, with estimates ranging from $430.00 million to $444.70 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Alpha & Omega Semiconductor.

How to Become a New Pot Stock Millionaire

Alpha & Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. The business had revenue of $103.90 million during the quarter, compared to analysts’ expectations of $101.93 million. Alpha & Omega Semiconductor had a return on equity of 4.84% and a net margin of 4.82%.

AOSL has been the subject of several recent research reports. Stifel Nicolaus decreased 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. BidaskClub upgraded Alpha & Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, March 3rd. ValuEngine cut Alpha & Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, April 3rd. Finally, Zacks Investment Research cut Alpha & Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Alpha & Omega Semiconductor currently has a consensus rating of “Hold” and a consensus price target of $24.00.

Shares of AOSL remained flat at $$15.30 during midday trading on Wednesday. The stock had a trading volume of 89,483 shares, compared to its average volume of 104,495. The stock has a market cap of $365.79, a PE ratio of 27.32 and a beta of 0.36. Alpha & Omega Semiconductor has a fifty-two week low of $13.52 and a fifty-two week high of $20.48.

A number of hedge funds have recently bought and sold shares of AOSL. Citadel Advisors LLC purchased a new stake in Alpha & Omega Semiconductor during the third quarter worth approximately $2,281,000. Royce & Associates LP lifted its stake in Alpha & Omega Semiconductor by 15.2% during the third quarter. Royce & Associates LP now owns 943,314 shares of the semiconductor company’s stock worth $15,555,000 after purchasing an additional 124,810 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Alpha & Omega Semiconductor by 12.4% during the third quarter. JPMorgan Chase & Co. now owns 909,832 shares of the semiconductor company’s stock worth $15,130,000 after purchasing an additional 100,697 shares during the last quarter. Nationwide Fund Advisors lifted its stake in Alpha & Omega Semiconductor by 32.6% during the third quarter. Nationwide Fund Advisors now owns 135,715 shares of the semiconductor company’s stock worth $2,238,000 after purchasing an additional 33,342 shares during the last quarter. Finally, Macquarie Group Ltd. purchased a new stake in Alpha & Omega Semiconductor during the third quarter worth approximately $540,000. Hedge funds and other institutional investors own 70.31% of the company’s stock.

WARNING: This article was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this article on another domain, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at https://www.tickerreport.com/banking-finance/3344189/101-27-million-in-sales-expected-for-alpha-omega-semiconductor-aosl-this-quarter.html.

About Alpha & Omega Semiconductor

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.

Get a free copy of the Zacks research report on Alpha & Omega Semiconductor (AOSL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Alpha & Omega Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha & Omega Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

MaidSafeCoin  Hits One Day Trading Volume of $1.94 Million
MaidSafeCoin Hits One Day Trading Volume of $1.94 Million
$0.48 Earnings Per Share Expected for State Bank Financial  This Quarter
$0.48 Earnings Per Share Expected for State Bank Financial This Quarter
Quantstamp  Hits Market Cap of $102.59 Million
Quantstamp Hits Market Cap of $102.59 Million
Critical Contrast: Generac  and Franklin Electric
Critical Contrast: Generac and Franklin Electric
Head-To-Head Analysis: Avis Budget Group  and Ryder
Head-To-Head Analysis: Avis Budget Group and Ryder
Critical Comparison: GCP Applied Technologies  and Its Competitors
Critical Comparison: GCP Applied Technologies and Its Competitors


Leave a Reply

© 2006-2018 Ticker Report. Google+.