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NASDAQ:AAOI - Applied Optoelectronics Stock Price, Forecast & News

$10.46
+0.07 (+0.67 %)
(As of 12/6/2019 03:26 AM ET)
Today's Range
$10.37
Now: $10.46
$10.61
50-Day Range
$9.20
MA: $10.50
$11.99
52-Week Range
$8.34
Now: $10.46
$20.82
Volume275,328 shs
Average Volume713,440 shs
Market Capitalization$210.43 million
P/E Ratio19.74
Dividend YieldN/A
Beta2.17
Applied Optoelectronics, Inc designs, manufactures, and sells various fiber-optic networking products worldwide. It offers optical modules, lasers, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its products to Internet data center operators, cable television and telecommunications equipment manufacturers, and Internet service providers through its direct and indirect sales channels. Read More…

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:AAOI
CUSIPN/A
Phone281-295-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$267.46 million
Cash Flow$1.98 per share
Book Value$16.62 per share

Profitability

Net Income$-2,150,000.00

Miscellaneous

Employees2,956
Market Cap$210.43 million
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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Applied Optoelectronics (NASDAQ:AAOI) Frequently Asked Questions

What is Applied Optoelectronics' stock symbol?

Applied Optoelectronics trades on the NASDAQ under the ticker symbol "AAOI."

How were Applied Optoelectronics' earnings last quarter?

Applied Optoelectronics Inc (NASDAQ:AAOI) announced its earnings results on Wednesday, November, 6th. The semiconductor company reported ($0.15) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.24) by $0.09. The semiconductor company earned $46.08 million during the quarter, compared to analyst estimates of $47.75 million. Applied Optoelectronics had a negative return on equity of 8.12% and a negative net margin of 19.57%. The firm's quarterly revenue was down 18.3% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. View Applied Optoelectronics' Earnings History.

When is Applied Optoelectronics' next earnings date?

Applied Optoelectronics is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Applied Optoelectronics.

What guidance has Applied Optoelectronics issued on next quarter's earnings?

Applied Optoelectronics updated its fourth quarter earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $(0.21-0.30) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.19). The company issued revenue guidance of $46-49 million, compared to the consensus revenue estimate of $51.84 million.

What price target have analysts set for AAOI?

7 brokers have issued 1 year target prices for Applied Optoelectronics' shares. Their forecasts range from $6.50 to $16.00. On average, they expect Applied Optoelectronics' share price to reach $11.50 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for Applied Optoelectronics.

What is the consensus analysts' recommendation for Applied Optoelectronics?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Optoelectronics in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Applied Optoelectronics.

What are Wall Street analysts saying about Applied Optoelectronics stock?

Here are some recent quotes from research analysts about Applied Optoelectronics stock:
  • 1. According to Zacks Investment Research, "Applied Optoelectronics, Inc. designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. The company's products are used in fiber optic communications equipment for FTTH, point-to-point telecom, datacom and access networks and systems supporting cable television, network infrastructure. Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas. " (10/24/2019)
  • 2. Northland Securities analysts commented, "We estimate the company could consume a further $25-30M in cash in 2H19 vs a current $84M cash balance vs $129M in debt. While management did note the early signs of a recovery among two of its large Cloud customers, consistent with supplier datapoints, the competitive and pricing landscape remains intense with AAOI’s scale in 100G datacom in particular de minimus relative to market leaders FNSR, Innolight and Intel. AAOI reported Q2 revs of $43.6M slightly higher than our $42.5M, with data center revs of $31.8M slightly higher than expected and Cable revs of $9.8M down ~20% seq and 30% y/y on well chronicled Cable spending weakness." (8/8/2019)
  • 3. Rosenblatt Securities analysts commented, "We recently upgraded Applied Optoelectronics from sell to neutral (click here for our upgrade note) on the notion that we thought Applied Optoelectronics’ revenue from Amazon’s 40G orders had bottomed and the company was making some progress at qualifying for 100G CWDM4 modules at Amazon. We believe CWDM4 quality issues have been resolved. Overall, we think Applied Optoelectronics may see limited revenue downside and may see revenue upside from potential shipments of 100G products to Facebook (FB: Buy) or Amazon." (8/8/2019)

Has Applied Optoelectronics been receiving favorable news coverage?

News coverage about AAOI stock has been trending somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Applied Optoelectronics earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Applied Optoelectronics.

Are investors shorting Applied Optoelectronics?

Applied Optoelectronics saw a decrease in short interest in November. As of November 15th, there was short interest totalling 7,350,000 shares, a decrease of 7.7% from the October 31st total of 7,960,000 shares. Based on an average daily volume of 599,100 shares, the days-to-cover ratio is currently 12.3 days. Currently, 39.5% of the company's shares are sold short. View Applied Optoelectronics' Current Options Chain.

Who are some of Applied Optoelectronics' key competitors?

What other stocks do shareholders of Applied Optoelectronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Applied Optoelectronics investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Lumentum (LITE), Applied Materials (AMAT), Tesla (TSLA), Shopify (SHOP), Square (SQ) and Broadcom (AVGO).

Who are Applied Optoelectronics' key executives?

Applied Optoelectronics' management team includes the folowing people:
  • Dr. Chih-Hsiang Lin, Founder, Chairman, Pres & CEO (Age 56)
  • Dr. Stefan J. Murry, CFO & Chief Strategy Officer (Age 46)
  • Dr. Hung-Lun Chang, Sr. VP of Optical Component Bus. Unit & GM of North America (Age 55)
  • Mr. Shu-Hua Yeh, Sr. VP of Network Equipment Module Bus. Unit & GM of Asia (Age 53)
  • Mr. David C. Kuo, VP, Gen. Counsel & Corp. Sec. (Age 36)

Who are Applied Optoelectronics' major shareholders?

Applied Optoelectronics' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (2.72%), Point72 Asset Management L.P. (2.08%), California Public Employees Retirement System (0.58%), Rhumbline Advisers (0.30%), State of Alaska Department of Revenue (0.07%) and Russell Investments Group Ltd. (0.07%). Company insiders that own Applied Optoelectronics stock include Richard B Black and Stefan J Murry. View Institutional Ownership Trends for Applied Optoelectronics.

Which institutional investors are selling Applied Optoelectronics stock?

AAOI stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. View Insider Buying and Selling for Applied Optoelectronics.

Which institutional investors are buying Applied Optoelectronics stock?

AAOI stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., State of Alaska Department of Revenue, California Public Employees Retirement System, State Street Corp, Rhumbline Advisers, Steward Partners Investment Advisory LLC and Tower Research Capital LLC TRC . View Insider Buying and Selling for Applied Optoelectronics.

How do I buy shares of Applied Optoelectronics?

Shares of AAOI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Applied Optoelectronics' stock price today?

One share of AAOI stock can currently be purchased for approximately $10.46.

How big of a company is Applied Optoelectronics?

Applied Optoelectronics has a market capitalization of $210.43 million and generates $267.46 million in revenue each year. The semiconductor company earns $-2,150,000.00 in net income (profit) each year or $0.53 on an earnings per share basis. Applied Optoelectronics employs 2,956 workers across the globe.View Additional Information About Applied Optoelectronics.

What is Applied Optoelectronics' official website?

The official website for Applied Optoelectronics is http://www.ao-inc.com/.

How can I contact Applied Optoelectronics?

Applied Optoelectronics' mailing address is 13139 JESS PIRTLE BLVD, SUGAR LAND TX, 77478. The semiconductor company can be reached via phone at 281-295-1800 or via email at [email protected]


MarketBeat Community Rating for Applied Optoelectronics (NASDAQ AAOI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  525 (Vote Outperform)
Underperform Votes:  526 (Vote Underperform)
Total Votes:  1,051
MarketBeat's community ratings are surveys of what our community members think about Applied Optoelectronics and other stocks. Vote "Outperform" if you believe AAOI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AAOI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/6/2019 by MarketBeat.com Staff

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