At the time of writing, Applied Optoelectronics Inc [AAOI] stock is trading at $34.07, up 19.33%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AAOI shares have gain 24.98% over the last week, with a monthly amount glided 93.25%, 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.
For the past year, the stock price of Applied Optoelectronics Inc fluctuated between $6.70 and $29.38. 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 $34.07 at the most recent close of the market. An investor can expect a potential drop of -48.99% based on the average AAOI price forecast.
Analyzing the AAOI fundamentals
According to Applied Optoelectronics Inc [NASDAQ:AAOI], the company’s sales were 209.55M for trailing twelve months, which represents an 4.16% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.51.
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 31.17 points at the first support level, and at 28.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.53, and for the 2nd resistance point, it is at 36.99.
Ratios To Look Out For
It is important to note that Applied Optoelectronics Inc [NASDAQ:AAOI] has a current ratio of 1.61. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 7.33, the price to book ratio is 7.21.
Transactions by insiders
Recent insider trading involved Murry Stefan J., Officer, that happened on Nov 20 ’24 when 5000.0 shares were purchased. Officer, Chang Hung-Lun (Fred) completed a deal on Nov 20 ’24 to buy 20323.0 shares. Meanwhile, Director BLACK RICHARD B sold 10000.0 shares on Nov 15 ’24.
