Applied Optoelectronics Inc [AAOI] stock prices are up 7.01% to $37.99 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AAOI shares have gain 41.75% over the last week, with a monthly amount glided 117.71%, 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 $38.86 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 $37.99 at the most recent close of the market. An investor can expect a potential drop of -54.25% 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. 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 35.80 points at the first support level, and at 33.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.56, and for the 2nd resistance point, it is at 41.13.
Ratios To Look Out For
It’s worth pointing out that Applied Optoelectronics Inc [NASDAQ:AAOI]’s Current Ratio is 1.61. Further, the Quick Ratio stands at 1.06, while the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 8.75, the price to book ratio is 8.03.
Transactions by insiders
Recent insider trading involved Murry Stefan J., Chief Financial Officer, that happened on Nov 20 ’24 when 5000.0 shares were sold. ***, Chang Hung-Lun (Fred) completed a deal on Nov 20 ’24 to sell 20323.0 shares. Meanwhile, Director Loboa Elizabeth G sold 13494.0 shares on Nov 21 ’24.
