ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up - Here's Why

Key Points

• Price gap: Shares gapped up to $8.146 from $7.70 at the open (about +5.8%) on Wednesday, though trading volume was very light at 379 shares.
• Analyst sentiment: Three analysts rate the stock a Hold and one a Sell, leaving an average rating of "Reduce" after recent research-note changes including a Deutsche Bank downgrade.
• Earnings beat but mixed fundamentals: ams-OSRAM reported $0.20 EPS (vs. $0.04 expected) and $1.02B revenue (vs. $870.8M expected), yet it has a negative net margin (-3.76%) and sell-side analysts forecast -0.35 EPS for the current year.

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $7.70, but opened at $8.1460. ams-OSRAM shares last traded at $8.1460, with a volume of 379 shares traded.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of ams-OSRAM to a "hold" rating in a research note on Wednesday, February 11th. Zacks Research upgraded shares of ams-OSRAM from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce".

ams-OSRAM Stock Up 5.8%

The company has a debt-to-equity ratio of 2.64, a current ratio of 1.47 and a quick ratio of 1.11. The company has a market cap of $1.63 billion, a price-to-earnings ratio of -11.47 and a beta of 1.06. The firm's 50 day simple moving average is $5.55 and its 200-day simple moving average is $5.64.

ams-OSRAM (OTCMKTS:AMSSY - Get Free Report) last announced its earnings results on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.16. ams-OSRAM had a negative net margin of 3.76% and a positive return on equity of 6.11%. The business had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $870.83 million. As a group, sell-side analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.35 earnings per share for the current year.

About ams-OSRAM

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company's product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.

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