Applied Optoelectronics Inc [AAOI] stock prices are up 55.08% to $27.76 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AAOI shares have gain 64.85% over the last week, with a monthly amount glided 66.63%, and 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 September 03, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $17 for it. Previously, B. Riley Securities downgraded its rating to Neutral on February 23, 2024, and dropped its price target to $16. On January 30, 2024, Rosenblatt initiated with a Buy rating and assigned a price target of $23 on the stock. B. Riley Securities reiterated its Buy rating and increased its price target to $22 on December 13, 2023. B. Riley Securities upgraded its rating to a Buy and raised its price target to $11.50 on August 04, 2023. Craig Hallum downgraded its rating to Sell for this stock on February 25, 2022, and downed its price target to $2.50. In a note dated March 02, 2021, Needham downgraded an Hold rating on this stock.
The stock price of Applied Optoelectronics Inc [AAOI] has been fluctuating between $6.70 and $24.75 over the past year. Currently, Wall Street analysts expect the stock to reach $17.38 within the next 12 months. Applied Optoelectronics Inc [NASDAQ: AAOI] shares were valued at $27.76 at the most recent close of the market. An investor can expect a potential drop of -37.39% based on the average AAOI price forecast.
Analyzing the AAOI fundamentals
The Applied Optoelectronics Inc [NASDAQ:AAOI] reported sales of 209.55M for trailing twelve months, representing a surge of 4.16%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.33%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.39%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.4 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.
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 21.66 points at the first support level, and at 15.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.83, and for the 2nd resistance point, it is at 33.91.
Ratios To Look Out For
It’s worth pointing out that Applied Optoelectronics Inc [NASDAQ:AAOI]’s Current Ratio is 1.61. On the other hand, the Quick Ratio is 1.06, and the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 9.26, the price to book ratio is 5.87.
Transactions by insiders
Recent insider trading involved Kuo David C, Officer, that happened on Nov 08 ’24 when 10000.0 shares were purchased. Officer, Chang Hung-Lun (Fred) completed a deal on Nov 08 ’24 to buy 18195.0 shares. Meanwhile, *** Kuo David C sold 10000.0 shares on Sep 24 ’24.
