Alpha and Omega Semiconductor Limited [AOSL] Stock Looks Poised to Climb Further

Alpha and Omega Semiconductor Limited [AOSL] has traded in a range of $5.82 to $26.66 in the last 1 year. As of this writing, the stock is at $27.75, up 12.03%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, AOSL shares are -1.04% down with the monthly amount drift of 51.78% and seems well in a long time frame.

On 13, November 2020, Alpha and Omega Semiconductor Announces Appointment of President and Retirement of Chief Operating Officer. According to news published on Yahoo Finance, Alpha and Omega Semiconductor Limited (“AOS”) (Nasdaq: AOSL) today announced that its Board of Directors has appointed and promoted Stephen Chang, currently Executive Vice President of Product Line Management, to be the President of AOS, effective January 1, 2021. Stephen Chang will report to Dr. Mike Chang, the Chairman of the Board and Chief Executive Officer of AOS, and manage Sales and Marketing, R&D, Operations and Quality functions.

Analyst Birdseye View:

The most recent analyst activity for Alpha and Omega Semiconductor Limited [NASDAQ:AOSL] stock was on August 26, 2020, when it was Upgrade with a Buy rating from B. Riley FBR, which also raised its 12-month price target on the stock from $13 to $17. Before that, on November 06, 2020, B. Riley Securities Recapitulated a Buy rating and elevated its amount target to $26. On March 19, 2020, B. Riley FBR Downgrade a Neutral rating and plunged its price target on this stock from $17 to $10. On September 16, 2019, B. Riley FBR Reiterated a Buy rating and increased its price target from $18 to $21. On June 18, 2019, Loop Capital Initiated a Buy rating and increased its price target to $13. On May 14, 2018, Stifel Downgrade a Sell rating and boosted its amount target on this stock to $13. On February 20, 2018, Stifel Reiterated a Hold rating and decreased its target amount on this stock from $17 to $15. On November 03, 2017, B. Riley FBR Inc. Reiterated a Buy rating and amplified its amount target to $27.

In the past 52 weeks of trading, this stock has oscillated between a low of $5.82 and a peak of $26.66. Right now, the middling Wall Street analyst 12-month amount mark is $23.00. At the most recent market close, shares of Alpha and Omega Semiconductor Limited [NASDAQ:AOSL] were valued at $27.75. According to the average price forecast, investors can expect a potential return of 2.91%.

FUNDAMENTAL ANALYSIS

Alpha and Omega Semiconductor Limited [NASDAQ:AOSL] most recently reported quarterly sales of 151.55 billion, which represented growth of 28.70%. This publicly-traded organization’s revenue is $116,870 per employee, while its income is -$1,658 per employee. This company’s Gross Margin is currently 23.70%, its Operating Margin is -0.60%, its Pretax Margin is -3.85, and its Net Margin is -1.42. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -0.86, -2.26, -2.18 and -1.56 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 41.27 and the whole liability to whole assets at 26.03. It shows enduring liability to the whole principal at 31.37 and enduring liability to assets at 0.20 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 23.72 points at 1st support level, the second support level is making up to 22.68. But as of 1st resistance point, this stock is sitting at 25.40 and at 26.04 for 2nd resistance point.

Alpha and Omega Semiconductor Limited [AOSL] reported its earnings at $0.55 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.51/share signifying the difference of 0.04 and 7.80% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.29 calling estimates for $0.18/share with the difference of 0.11 depicting the surprise of 61.10%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Alpha and Omega Semiconductor Limited [NASDAQ:AOSL] is 1.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.84. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.58, it’s amount to book ratio is 0.94 and showing 427.07 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Xue Bing, Senior VP of Global Sales, and it was the sale of 3543.0 shares on Nov 27. Ho Yueh-Se, the Chief Operating Officer, completed a sale of 28755.0 shares on Nov 19. On Nov 18, Ho Yueh-Se, Chief Operating Officer, completed a sale of 16939.0 shares.