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.
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%.
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.
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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.
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