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

ams-OSRAM logo with Computer and Technology background
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Key Points

  • Shares gapped up pre-market — opening at $8.3035 versus the prior close of $7.76 — though the stock last traded at $7.53 on light volume (205 shares) and was reported up about 2.3%.
  • The company beat quarterly expectations (EPS $0.20 vs $0.04 est.; revenue $1.02B vs $870.8M est.) but still reported a negative net margin (-3.76%) and analysts forecast a full-year EPS of -0.35.
  • Analyst sentiment remains cautious, with three Hold and one Sell rating producing an average rating of "Reduce".
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ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $7.76, but opened at $8.3035. ams-OSRAM shares last traded at $7.53, with a volume of 205 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Zacks Research upgraded ams-OSRAM from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lowered ams-OSRAM 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 assigned a Sell rating to the company's stock. According to data from MarketBeat.com, ams-OSRAM presently has an average rating of "Reduce".

Check Out Our Latest Report on ams-OSRAM

ams-OSRAM Stock Up 2.3%

The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of -10.61 and a beta of 1.52. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The business's 50-day moving average is $5.85 and its two-hundred day moving average is $5.64.

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

About ams-OSRAM

(Get Free Report)

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.

Further Reading

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