Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) Expected to Post Quarterly Sales of $112.00 Million

Equities analysts expect Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) to post $112.00 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Alpha and Omega Semiconductor’s earnings. Alpha and Omega Semiconductor posted sales of $109.90 million during the same quarter last year, which suggests a positive year over year growth rate of 1.9%. The firm is scheduled to announce its next earnings report on Wednesday, August 14th.

On average, analysts expect that Alpha and Omega Semiconductor will report full year sales of $451.05 million for the current year, with estimates ranging from $451.00 million to $451.10 million. For the next fiscal year, analysts forecast that the firm will report sales of $491.80 million, with estimates ranging from $486.00 million to $497.60 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that follow Alpha and Omega Semiconductor.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Thursday, May 2nd. The semiconductor company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $109.10 million for the quarter, compared to analyst estimates of $111.05 million. Alpha and Omega Semiconductor had a net margin of 0.08% and a return on equity of 4.77%. Alpha and Omega Semiconductor’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.07 earnings per share.



AOSL has been the topic of several research reports. Loop Capital reiterated a “hold” rating and set a $76.00 price objective on shares of Power Integrations in a research note on Tuesday, June 18th. ValuEngine lowered shares of Zymeworks from a “buy” rating to a “hold” rating in a research note on Saturday, May 18th. Finally, Zacks Investment Research lowered shares of First Merchants from a “hold” rating to a “sell” rating in a research note on Monday, July 1st.

AOSL traded down $0.01 on Friday, hitting $9.23. 76,722 shares of the company’s stock were exchanged, compared to its average volume of 53,584. The firm has a market capitalization of $224.22 million, a price-to-earnings ratio of 13.57 and a beta of 1.07. Alpha and Omega Semiconductor has a twelve month low of $8.22 and a twelve month high of $16.26. The company’s fifty day simple moving average is $8.80. The company has a current ratio of 1.83, a quick ratio of 1.20 and a debt-to-equity ratio of 0.25.

Several large investors have recently made changes to their positions in AOSL. FMR LLC increased its stake in shares of Alpha and Omega Semiconductor by 38.5% in the first quarter. FMR LLC now owns 1,358,300 shares of the semiconductor company’s stock valued at $15,634,000 after purchasing an additional 377,800 shares during the period. Royce & Associates LP increased its stake in shares of Alpha and Omega Semiconductor by 6.6% in the first quarter. Royce & Associates LP now owns 1,614,916 shares of the semiconductor company’s stock valued at $18,588,000 after purchasing an additional 100,122 shares during the period. Municipal Employees Retirement System of Michigan acquired a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at approximately $499,000. MUFG Securities EMEA plc acquired a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at approximately $244,000. Finally, Spark Investment Management LLC bought a new position in shares of Alpha and Omega Semiconductor in the first quarter valued at approximately $229,000. Institutional investors own 63.68% 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 worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

Further Reading: Institutional Investors

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