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
Phone281-295-1800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$267.46 million
Profitability
Miscellaneous
Employees2,956
Next Earnings Date2/27/2020 (Confirmed)
OptionableOptionable
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 consensus estimate of ($0.24) by $0.09. The semiconductor company had revenue of $46.08 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was down 18.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. View Applied Optoelectronics' Earnings History.
When is Applied Optoelectronics' next earnings date?
What guidance has Applied Optoelectronics issued on next quarter's earnings?
Applied Optoelectronics updated its first quarter 2020
After-Hours earnings guidance on Thursday, February, 27th. The company provided EPS guidance of -0.41--0.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.21. The company issued revenue guidance of $43-47 million, compared to the consensus revenue estimate of $49.6 million.
What price target have analysts set for AAOI?
4 brokers have issued 12 month price targets for Applied Optoelectronics' shares. Their forecasts range from $6.50 to $13.00. On average, they anticipate Applied Optoelectronics' stock price to reach $10.38 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Applied Optoelectronics.
What is the consensus analysts' recommendation for Applied Optoelectronics?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Optoelectronics in the last year. There are currently 2 sell ratings, 1 hold rating 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?
Press coverage about AAOI stock has trended extremely negative on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Applied Optoelectronics earned a news sentiment score of -4.2 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Applied Optoelectronics.
Are investors shorting Applied Optoelectronics?
Applied Optoelectronics saw a decrease in short interest during the month of February. As of February 14th, there was short interest totalling 7,010,000 shares, a decrease of 6.2% from the January 30th total of 7,470,000 shares. Based on an average daily trading volume, of 738,600 shares, the days-to-cover ratio is presently 9.5 days. Currently, 38.5% of the company's stock are sold short. View Applied Optoelectronics' Current Options Chain.
Who are some of Applied Optoelectronics' key competitors?
Some companies that are related to Applied Optoelectronics include Ultra Clean (UCTT), Daqo New Energy (DQ), Himax Technologies (HIMX), Smart Global (SGH), Ichor (ICHR), CEVA (CEVA), Nlight (LASR), Aquantia (AQ), Magnachip Semiconductor (MX), Adesto Technologies (IOTS), Sitime (SITM), DSP Group (DSPG), NVE (NVEC), NeoPhotonics (NPTN) and Alpha and Omega Semiconductor (AOSL).
What other stocks do shareholders of Applied Optoelectronics own?
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 number of of institutional and retail investors. Top institutional investors include State Street Corp (2.66%), Investment Counselors of Maryland LLC (2.37%), Geode Capital Management LLC (1.41%), Royce & Associates LP (1.06%), Bank of New York Mellon Corp (1.03%) and Principal Financial Group Inc. (0.75%). View Institutional Ownership Trends for Applied Optoelectronics.
Which major investors are selling Applied Optoelectronics stock?
AAOI stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Newtyn Management LLC, Bank of America Corp DE, Raymond James & Associates, Bank of New York Mellon Corp, California Public Employees Retirement System, Raymond James Financial Services Advisors Inc. and State Street Corp. View Insider Buying and Selling for Applied Optoelectronics.
Which major investors are buying Applied Optoelectronics stock?
AAOI stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Teza Capital Management LLC, Dynamic Technology Lab Private Ltd, Great West Life Assurance Co. Can, Cubist Systematic Strategies LLC, Aigen Investment Management LP and Geode Capital Management LLC. 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 $9.56.
How big of a company is Applied Optoelectronics?
Applied Optoelectronics has a market capitalization of $192.35 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?
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)
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.
