Somewhat Positive Media Coverage Likely to Affect AU Optronics Corp (AUO) Share Price

News stories about AU Optronics Corp (NYSE:AUO) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. AU Optronics Corp earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 66 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

AU Optronics Corp (NYSE AUO) traded down 2.31% on Wednesday, reaching $3.81. The company had a trading volume of 2,135,233 shares. The company has a market capitalization of $3.67 billion, a P/E ratio of 3.20 and a beta of 0.50. AU Optronics Corp has a 52 week low of $3.44 and a 52 week high of $4.95. The stock’s 50-day moving average is $4.15 and its 200-day moving average is $4.00.

AU Optronics Corp (NYSE:AUO) last issued its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.02. AU Optronics Corp had a net margin of 9.48% and a return on equity of 17.46%. The business had revenue of $84.41 billion during the quarter, compared to analysts’ expectations of $87.09 billion. During the same period in the prior year, the business earned ($0.06) EPS. The business’s quarterly revenue was up 5.4% on a year-over-year basis. Equities research analysts forecast that AU Optronics Corp will post $1.13 EPS for the current fiscal year.

A number of equities analysts have weighed in on the company. Drexel Hamilton restated a “hold” rating on shares of AU Optronics Corp in a report on Tuesday. Zacks Investment Research cut AU Optronics Corp from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BidaskClub cut AU Optronics Corp from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Bank of America Corporation cut AU Optronics Corp from a “neutral” rating to an “underperform” rating in a report on Thursday, July 27th. Finally, Credit Suisse Group restated a “neutral” rating on shares of AU Optronics Corp in a research note on Wednesday, July 12th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $4.38.

ILLEGAL ACTIVITY WARNING: “Somewhat Positive Media Coverage Likely to Affect AU Optronics Corp (AUO) Share Price” was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this story on another site, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this story can be read at https://sportsperspectives.com/2017/08/09/somewhat-favorable-news-coverage-likely-to-impact-au-optronics-corp-auo-share-price-updated-updated-updated.html.

AU Optronics Corp Company Profile

AU Optronics Corp. is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

Insider Buying and Selling by Quarter for AU Optronics Corp (NYSE:AUO)

Receive News & Ratings for AU Optronics Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AU Optronics Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply