Currently, Alpha & Omega Semiconductor Ltd [AOSL] is trading at $26.93, up 20.87%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AOSL shares have gain 27.81% over the last week, with a monthly amount glided 16.18%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Alpha & Omega Semiconductor Ltd [NASDAQ: AOSL] stock has seen the most recent analyst activity on January 02, 2024, when B. Riley Securities upgraded its rating to a Buy and also boosted its price target to $34 from $28. Previously, B. Riley Securities downgraded its rating to Neutral on June 15, 2022, and dropped its price target to $42. On September 23, 2021, The Benchmark Company initiated with a Buy rating and assigned a price target of $55 on the stock. B. Riley Securities reiterated its Buy rating and increased its price target to $26 on November 06, 2020. B. Riley FBR upgraded its rating to a Buy and raised its price target to $17 on August 26, 2020. B. Riley FBR downgraded its rating to Neutral for this stock on March 19, 2020, and downed its price target to $10. In a note dated September 16, 2019, B. Riley FBR reiterated an Buy rating on this stock and boosted its target price from $18 to $21.
This stock has fluctuated between a low of $19.38 and a high of $35.40 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Alpha & Omega Semiconductor Ltd [NASDAQ: AOSL] shares were valued at $26.93 at the most recent close of the market. An investor can expect a potential drop of -22.02% based on the average AOSL price forecast.
Analyzing the AOSL fundamentals
Trailing Twelve Months sales for Alpha & Omega Semiconductor Ltd [NASDAQ:AOSL] were 657.50M which represents 13.20% growth. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 24.08 points at the first support level, and at 21.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.49, and for the 2nd resistance point, it is at 30.06.
Alpha & Omega Semiconductor Ltd [AOSL] reported earnings per share of -$0.04 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.14/share, meaning a difference of $0.1 and a surprise factor of 71.40%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.24 per share as compared to estimates of $0.15 per share, a difference of $0.09 representing a surprise of 60.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alpha & Omega Semiconductor Ltd [NASDAQ:AOSL] is 2.47. As well, the Quick Ratio is 1.23, while the Cash Ratio is 1.09. Considering the valuation of this stock, the price to sales ratio is 1.16, the price to book ratio is 0.87.
Transactions by insiders
Recent insider trading involved Xue Bing, EVP-WW Sales & Bus Development, that happened on Apr 22 ’24 when 1956.0 shares were sold. EVP-WW Sales & Bus Development, Xue Bing completed a deal on Mar 20 ’24 to sell 4401.0 shares. Meanwhile, CFO and Corp Secretary Liang Yifan sold 20000.0 shares on Mar 13 ’24.
