Alpha and Omega Semiconductor Limited (AOSL) Receives $25.00 Average Target Price from Analysts

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) have received a consensus rating of “Hold” from the seven analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $25.00.

A number of equities analysts have commented on the stock. B. Riley boosted their price objective on shares of Alpha and Omega Semiconductor from $24.00 to $27.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. BidaskClub lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, December 2nd. Northland Securities reiterated a “buy” rating and issued a $30.00 price objective on shares of Alpha and Omega Semiconductor in a report on Friday, November 3rd. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $18.00 price objective on shares of Alpha and Omega Semiconductor in a report on Thursday, October 12th.

Alpha and Omega Semiconductor (NASDAQ AOSL) traded down $0.01 during trading hours on Friday, hitting $17.51. 45,817 shares of the company traded hands, compared to its average volume of 106,745. The firm has a market cap of $413.45, a price-to-earnings ratio of 28.20 and a beta of 0.26. Alpha and Omega Semiconductor has a 1-year low of $14.81 and a 1-year high of $23.62.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). The business had revenue of $104.90 million for the quarter, compared to analyst estimates of $103.15 million. Alpha and Omega Semiconductor had a net margin of 3.92% and a return on equity of 4.85%. The business’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. analysts forecast that Alpha and Omega Semiconductor will post 0.64 earnings per share for the current fiscal year.

In related news, VP Daniel Kuang Ming Chang sold 3,398 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $18.00, for a total transaction of $61,164.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 21.70% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Voya Investment Management LLC bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at approximately $177,000. Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at approximately $178,000. Alliancebernstein L.P. bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at approximately $227,000. Ameriprise Financial Inc. bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at approximately $238,000. Finally, First Trust Advisors LP bought a new position in shares of Alpha and Omega Semiconductor in the third quarter valued at approximately $256,000. Hedge funds and other institutional investors own 70.52% of the company’s stock.

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About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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