Alpha and Omega Semiconductor (NASDAQ:AOSL) Rating Increased to Hold at Stifel Nicolaus

Alpha and Omega Semiconductor (NASDAQ:AOSL) was upgraded by research analysts at Stifel Nicolaus from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm presently has a $25.00 price target on the semiconductor company’s stock, up from their previous price target of $18.00. Stifel Nicolaus’ target price indicates a potential downside of 9.45% from the company’s current price.

Other equities research analysts also recently issued reports about the company. Benchmark decreased their target price on Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating on the stock in a research report on Friday, May 9th. B. Riley lifted their target price on shares of Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, July 11th. Finally, Wall Street Zen upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Sunday, May 11th.

Alpha and Omega Semiconductor Stock Performance

Shares of Alpha and Omega Semiconductor stock opened at $27.61 on Tuesday. The company has a quick ratio of 1.36, a current ratio of 2.57 and a debt-to-equity ratio of 0.02. Alpha and Omega Semiconductor has a 12 month low of $15.90 and a 12 month high of $53.29. The business has a fifty day simple moving average of $24.28 and a 200-day simple moving average of $27.69. The stock has a market cap of $812.29 million, a PE ratio of -35.40 and a beta of 2.11.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.06. The company had revenue of $164.60 million for the quarter, compared to analyst estimates of $157.23 million. Alpha and Omega Semiconductor had a negative return on equity of 0.28% and a negative net margin of 3.33%. The business’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the company earned ($0.04) earnings per share. On average, sell-side analysts anticipate that Alpha and Omega Semiconductor will post -0.82 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Bing Xue sold 1,845 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $23.73, for a total value of $43,781.85. Following the completion of the transaction, the executive vice president owned 130,951 shares in the company, valued at $3,107,467.23. The trade was a 1.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 16.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AOSL. Hood River Capital Management LLC bought a new stake in shares of Alpha and Omega Semiconductor during the 4th quarter valued at $42,162,000. Robeco Schweiz AG acquired a new position in Alpha and Omega Semiconductor in the 1st quarter worth $19,434,000. Invesco Ltd. boosted its stake in Alpha and Omega Semiconductor by 409.1% in the 1st quarter. Invesco Ltd. now owns 759,509 shares of the semiconductor company’s stock worth $18,881,000 after purchasing an additional 610,336 shares during the period. Boston Partners boosted its stake in Alpha and Omega Semiconductor by 2,738.7% in the 1st quarter. Boston Partners now owns 595,137 shares of the semiconductor company’s stock worth $14,782,000 after purchasing an additional 574,172 shares during the period. Finally, Clearline Capital LP acquired a new position in Alpha and Omega Semiconductor in the 1st quarter worth $9,267,000. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

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.