Alpha and Omega Semiconductor (NASDAQ:AOSL) Rating Increased to Hold at StockNews.com

Alpha and Omega Semiconductor (NASDAQ:AOSL) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a report released on Sunday.

A number of other research firms also recently commented on AOSL. Benchmark reduced their price objective on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating for the company in a research note on Friday. Stifel Nicolaus reduced their price target on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating for the company in a research report on Thursday, April 17th.

Alpha and Omega Semiconductor Stock Performance

Shares of Alpha and Omega Semiconductor stock opened at $21.76 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The firm has a market cap of $640.07 million, a price-to-earnings ratio of -27.20 and a beta of 2.02. The stock’s 50-day moving average is $22.29 and its 200-day moving average is $31.99. Alpha and Omega Semiconductor has a one year low of $15.90 and a one year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.06. The firm had revenue of $164.60 million during the quarter, compared to the consensus estimate of $157.23 million. Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. The business’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.04) EPS. Equities analysts predict that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current fiscal year.

Institutional Trading of Alpha and Omega Semiconductor

A number of large investors have recently added to or reduced their stakes in AOSL. IFP Advisors Inc lifted its stake in Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 548 shares during the last quarter. Sterling Capital Management LLC lifted its position in shares of Alpha and Omega Semiconductor by 820.7% in the fourth quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 673 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Alpha and Omega Semiconductor by 94.7% during the 1st quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 594 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 291 shares during the last quarter. Finally, Larson Financial Group LLC acquired a new stake in Alpha and Omega Semiconductor during the 4th quarter valued at $38,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.