Applied Optoelectronics Inc [AAOI] stock is trading at $11.99, up 7.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AAOI shares have lost -0.91% over the last week, with a monthly amount drifted -5.59%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Applied Optoelectronics Inc [NASDAQ: AAOI] stock has seen the most recent analyst activity on February 23, 2024, when B. Riley Securities downgraded its rating to a Neutral and also revised its price target to $16 from $22. Previously, Rosenblatt started tracking the stock with Buy rating on January 30, 2024, and set its price target to $23. On December 13, 2023, B. Riley Securities reiterated its Buy rating and revised its price target to $22 on the stock. B. Riley Securities upgraded its rating to a Buy and increased its price target to $11.50 on August 04, 2023. Craig Hallum downgraded its rating to a Sell and reduced its price target to $2.50 on February 25, 2022. Needham downgraded its rating to Hold for this stock on March 02, 2021. In a note dated November 09, 2020, Needham reiterated an Buy rating on this stock and revised its target price from $22 to $9.
Applied Optoelectronics Inc [AAOI] stock has fluctuated between $1.60 and $24.75 over the past year. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Applied Optoelectronics Inc [NASDAQ: AAOI] shares were valued at $11.99 at the most recent close of the market. An investor can expect a potential return of 16.76% based on the average AAOI price forecast.
Analyzing the AAOI fundamentals
Applied Optoelectronics Inc [NASDAQ:AAOI] reported sales of 217.65M for the trailing twelve months, which represents a drop of -1.84%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.33 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.15 points at the first support level, and at 10.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.56, and for the 2nd resistance point, it is at 13.13.
Ratios To Look Out For
For context, Applied Optoelectronics Inc’s Current Ratio is 1.85. Also, the Quick Ratio is 1.16, while the Cash Ratio stands at 0.49. Considering the valuation of this stock, the price to sales ratio is 2.12, the price to book ratio is 2.13.
Transactions by insiders
Recent insider trading involved Lin Che-Wei, Director, that happened on Mar 18 ’24 when 31370.0 shares were purchased. President and CEO, Lin Chih-Hsiang (Thompson) completed a deal on Mar 18 ’24 to buy 11780.0 shares. Meanwhile, Director Yeh William H bought 8000.0 shares on Mar 18 ’24.
