Applied Optoelectronics Inc [AAOI] stock prices are down -7.82% to $37.74 at the moment. 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 16.52% over the last week, with a monthly amount glided 1.94%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Applied Optoelectronics Inc [NASDAQ: AAOI] stock has seen the most recent analyst activity on December 10, 2024, when B. Riley Securities downgraded its rating to a Sell and also boosted its price target to $14 from $14. Previously, Raymond James upgraded its rating to Outperform on September 03, 2024, and kept the price target unchanged to $17. On February 23, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $16 on the stock. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $23 on January 30, 2024. B. Riley Securities reiterated its recommendation of a Buy and raised its price target to $22 on December 13, 2023. B. Riley Securities upgraded its rating to Buy for this stock on August 04, 2023, and upped its price target to $11.50. In a note dated February 25, 2022, Craig Hallum downgraded an Sell rating on this stock and revised its target price from $7 to $2.50.
The stock price of Applied Optoelectronics Inc [AAOI] has been fluctuating between $6.70 and $44.50 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Applied Optoelectronics Inc [NASDAQ: AAOI] shares were valued at $37.74 at the most recent close of the market. An investor can expect a potential drop of -54.95% 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 36.37 points at the first support level, and at 35.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.75, and for the 2nd resistance point, it is at 41.77.
Ratios To Look Out For
It’s worth pointing out that Applied Optoelectronics Inc [NASDAQ:AAOI]’s Current Ratio is 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 7.95, the price to book ratio is 7.98.
Transactions by insiders
Recent insider trading involved BLACK RICHARD B, Director, that happened on Dec 16 ’24 when 10000.0 shares were sold. Director, Yeh William H completed a deal on Dec 03 ’24 to buy 10000.0 shares. Meanwhile, Director Yeh William H sold 10000.0 shares on Dec 03 ’24.
