Alpha and Omega Semiconductor Limited (AOSL) - What Are Analysts Thinking About This Stock?

Key Points

• Analyst sentiment is mixed but averages to “Hold”: Of six analysts, two rate AOSL a buy, three a hold and one a sell; the average one-year price target is $32.80. Recent firms cut targets, including Stifel to $27 and Needham to $30, while maintaining their respective hold and buy ratings.
• Latest quarterly results beat estimates modestly: Alpha and Omega reported an adjusted loss of $0.07 per share versus expectations of a $0.14 loss, and revenue of $177.76 million versus a $176.20 million estimate. Revenue was down 2.6% year over year, and the company posted a negative net margin.
• AOSL shares fell 10.9% on Friday to $27.20, below the average analyst price target but within the stock’s $17.01–$54.34 52-week range.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Get Free Report) has earned an average recommendation of "Hold" from the six research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $32.80.

Several brokerages recently issued reports on AOSL. Stifel Nicolaus decreased their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "hold" rating for the company in a research note on Friday, November 6th. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Saturday, November 7th. B. Riley Financial reduced their price objective on shares of Alpha and Omega Semiconductor from $25.00 to $22.00 and set a "neutral" rating for the company in a research note on Friday, November 6th. Needham & Company LLC lowered their price objective on Alpha and Omega Semiconductor from $45.00 to $30.00 and set a "buy" rating on the stock in a research report on Friday, November 6th. Finally, Williams Trading set a $45.00 target price on shares of Alpha and Omega Semiconductor in a research note on Thursday, August 13th.

Institutional Trading of Alpha and Omega Semiconductor

Several large investors have recently added to or reduced their stakes in the business. Royce & Associates LP grew its position in shares of Alpha and Omega Semiconductor by 19.7% during the 3rd quarter. Royce & Associates LP now owns 369,829 shares of the semiconductor company's stock valued at $10,170,000 after acquiring an additional 60,814 shares during the period. Congress Asset Management Co. increased its holdings in Alpha and Omega Semiconductor by 21.3% in the 3rd quarter. Congress Asset Management Co. now owns 246,735 shares of the semiconductor company's stock worth $6,785,000 after acquiring an additional 43,275 shares in the last quarter. Empowered Funds LLC increased its holdings in Alpha and Omega Semiconductor by 9.9% in the 1st quarter. Empowered Funds LLC now owns 120,331 shares of the semiconductor company's stock worth $2,667,000 after acquiring an additional 10,790 shares in the last quarter. Principal Financial Group Inc. raised its stake in Alpha and Omega Semiconductor by 1.0% during the 1st quarter. Principal Financial Group Inc. now owns 120,075 shares of the semiconductor company's stock worth $2,661,000 after acquiring an additional 1,178 shares during the period. Finally, Quantinno Capital Management LP raised its stake in Alpha and Omega Semiconductor by 15.2% during the 1st quarter. Quantinno Capital Management LP now owns 37,248 shares of the semiconductor company's stock worth $825,000 after acquiring an additional 4,915 shares during the period. 78.97% of the stock is currently owned by institutional investors.

Alpha and Omega Semiconductor Trading Down 10.9%

NASDAQ AOSL traded down $3.33 on Friday, hitting $27.20. The company's stock had a trading volume of 618,569 shares, compared to its average volume of 677,683. Alpha and Omega Semiconductor has a 52-week low of $17.01 and a 52-week high of $54.34. The firm has a market cap of $824.43 million, a P/E ratio of -17.66 and a beta of 2.69. The company's 50-day simple moving average is $25.62 and its 200 day simple moving average is $30.43.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its earnings results on Thursday, November 5th. The semiconductor company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.07. Alpha and Omega Semiconductor had a negative net margin of 6.87% and a negative return on equity of 5.70%. The firm had revenue of $177.76 million during the quarter, compared to analysts' expectations of $176.20 million. During the same period last year, the company posted $0.13 EPS. The company's quarterly revenue was down 2.6% compared to the same quarter last year. On average, research analysts forecast that Alpha and Omega Semiconductor will post -1.70 EPS for the current fiscal year.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor designs, develops and supplies power semiconductors and related products used to manage and convert electrical power. Its portfolio includes power MOSFETs, power integrated circuits, transient-voltage-suppression devices, IGBTs, silicon carbide devices and power modules. The company's products are used in computing, consumer electronics, communications, industrial equipment and automotive applications. They support functions such as power conversion, battery management and protection of electronic circuits.

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