Alpha and Omega Semiconductor (NASDAQ:AOSL) Receives Sell (D-) Rating from Weiss Ratings

Key Points

• Alpha and Omega Semiconductor (NASDAQ:AOSL) has been given a Sell (D-) rating by Weiss Ratings, indicating cautious sentiment from analysts.
• Despite the Sell rating, other analysts have provided a range of price targets, with B. Riley increasing theirs from $30 to $35 and affirming a "buy" rating.
• Alpha and Omega's stock is currently trading at approximately $30.26 after a recent gain, with a market capitalization of around $909.10 million.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report)'s stock had its "sell (d-)" rating reissued by investment analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Several other equities research analysts also recently weighed in on the stock. B. Riley lifted their price target on shares of Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Stifel Nicolaus lifted their price target on shares of Alpha and Omega Semiconductor from $25.00 to $29.00 and gave the company a "hold" rating in a research note on Friday, October 17th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $32.00.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL traded up $0.94 during trading hours on Friday, reaching $30.26. The stock had a trading volume of 107,475 shares, compared to its average volume of 415,396. Alpha and Omega Semiconductor has a 12 month low of $15.90 and a 12 month high of $53.29. The stock has a market capitalization of $909.10 million, a PE ratio of -9.24 and a beta of 2.10. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.34 and a current ratio of 2.56. The company's 50-day moving average is $28.62 and its two-hundred day moving average is $25.30.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last released its earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.03. Alpha and Omega Semiconductor had a negative net margin of 13.93% and a negative return on equity of 0.83%. The business had revenue of $176.50 million for the quarter, compared to analyst estimates of $170.03 million. During the same quarter in the previous year, the business earned $0.09 earnings per share. Alpha and Omega Semiconductor's revenue for the quarter was up 9.4% on a year-over-year basis. Research analysts expect that Alpha and Omega Semiconductor will post -0.82 EPS for the current year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several hedge funds and other institutional investors have recently made changes to their positions in AOSL. Robeco Schweiz AG bought a new stake in shares of Alpha and Omega Semiconductor during the first quarter worth about $19,434,000. Invesco Ltd. increased its position in shares of Alpha and Omega Semiconductor by 409.1% during the first quarter. Invesco Ltd. now owns 759,509 shares of the semiconductor company's stock worth $18,881,000 after acquiring an additional 610,336 shares in the last quarter. Boston Partners grew its position in Alpha and Omega Semiconductor by 2,738.7% in the 1st quarter. Boston Partners now owns 595,137 shares of the semiconductor company's stock worth $14,782,000 after purchasing an additional 574,172 shares in the last quarter. Clearline Capital LP bought a new stake in Alpha and Omega Semiconductor in the 1st quarter worth about $9,267,000. Finally, Wellington Management Group LLP grew its position in Alpha and Omega Semiconductor by 43.4% in the 1st quarter. Wellington Management Group LLP now owns 908,043 shares of the semiconductor company's stock worth $22,574,000 after purchasing an additional 274,698 shares in the last quarter. 78.97% of the stock is owned by institutional investors.

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 in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.

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