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

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Shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) have been assigned an average recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $23.33.

AOSL has been the subject of a number of recent research reports. ValuEngine cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, September 4th. Zacks Investment Research cut shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. BidaskClub cut shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. Finally, TheStreet cut shares of Alpha and Omega Semiconductor from a “b-” rating to a “c+” rating in a research note on Monday, July 16th.

Several institutional investors and hedge funds have recently modified their holdings of the company. Strs Ohio increased its stake in shares of Alpha and Omega Semiconductor by 13.1% during the 3rd quarter. Strs Ohio now owns 53,400 shares of the semiconductor company’s stock worth $621,000 after purchasing an additional 6,200 shares in the last quarter. Northern Trust Corp boosted its position in Alpha and Omega Semiconductor by 3.9% during the second quarter. Northern Trust Corp now owns 254,077 shares of the semiconductor company’s stock worth $3,617,000 after acquiring an additional 9,620 shares during the last quarter. California Public Employees Retirement System boosted its position in Alpha and Omega Semiconductor by 4.1% during the second quarter. California Public Employees Retirement System now owns 109,908 shares of the semiconductor company’s stock worth $1,565,000 after acquiring an additional 4,315 shares during the last quarter. Renaissance Technologies LLC boosted its position in Alpha and Omega Semiconductor by 8.3% during the second quarter. Renaissance Technologies LLC now owns 1,098,700 shares of the semiconductor company’s stock worth $15,645,000 after acquiring an additional 83,800 shares during the last quarter. Finally, Citadel Advisors LLC boosted its position in Alpha and Omega Semiconductor by 61.8% during the second quarter. Citadel Advisors LLC now owns 45,047 shares of the semiconductor company’s stock worth $642,000 after acquiring an additional 17,214 shares during the last quarter. 65.29% of the stock is owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor stock traded down $0.20 during mid-day trading on Friday, reaching $9.95. The company had a trading volume of 77,200 shares, compared to its average volume of 109,384. Alpha and Omega Semiconductor has a 1 year low of $9.65 and a 1 year high of $18.72. The company has a current ratio of 1.84, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The stock has a market cap of $251.60 million, a PE ratio of 14.96 and a beta of 0.25.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, August 8th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.22. Alpha and Omega Semiconductor had a net margin of 3.38% and a return on equity of 5.34%. The company had revenue of $109.90 million during the quarter, compared to analysts’ expectations of $108.43 million. During the same period last year, the company posted $0.25 earnings per share. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts forecast that Alpha and Omega Semiconductor will post 0.85 EPS for the current fiscal year.

Alpha and Omega Semiconductor Company Profile

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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