AAC TECHNOLOGIE/ADR Forecasted to Earn FY2020 Earnings of $0.36 Per Share (OTCMKTS:AACAY)

AAC TECHNOLOGIE/ADR (OTCMKTS:AACAY) – Jefferies Financial Group raised their FY2020 earnings per share estimates for AAC TECHNOLOGIE/ADR in a note issued to investors on Sunday, November 10th. Jefferies Financial Group analyst R. Wu now anticipates that the company will post earnings per share of $0.36 for the year, up from their prior estimate of $0.33. Jefferies Financial Group currently has a “Hold” rating on the stock.

AAC TECHNOLOGIE/ADR (OTCMKTS:AACAY) last issued its earnings results on Friday, August 23rd. The company reported $0.04 EPS for the quarter. AAC TECHNOLOGIE/ADR had a net margin of 16.10% and a return on equity of 22.06%. The company had revenue of $559.29 million for the quarter, compared to the consensus estimate of $554.00 million.

A number of other brokerages also recently commented on AACAY. ValuEngine raised shares of AAC TECHNOLOGIE/ADR from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Zacks Investment Research downgraded shares of AAC TECHNOLOGIE/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, November 6th. Credit Suisse Group raised shares of AAC TECHNOLOGIE/ADR from an “underperform” rating to a “neutral” rating in a research note on Monday. Finally, Goldman Sachs Group downgraded shares of AAC TECHNOLOGIE/ADR from a “neutral” rating to a “sell” rating in a research note on Sunday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $6.25.

Shares of AACAY stock opened at $6.13 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.61 and a quick ratio of 1.14. The firm’s 50-day moving average is $5.88 and its two-hundred day moving average is $5.48. AAC TECHNOLOGIE/ADR has a 12 month low of $4.19 and a 12 month high of $7.58. The company has a market capitalization of $7.93 billion, a PE ratio of 13.61 and a beta of 1.06.

The company also recently announced a Semi-Annual dividend, which was paid on Tuesday, October 15th. Shareholders of record on Wednesday, September 11th were paid a dividend of $0.041 per share. The ex-dividend date of this dividend was Tuesday, September 10th. AAC TECHNOLOGIE/ADR’s dividend payout ratio (DPR) is presently 17.78%.


AAC Technologies Holdings Inc, an investment holding company, provides miniaturized technology components to the consumer electronics industry worldwide. The company operates through Dynamic Components, electromagnetic drives and precision components, Micro Electro-Mechanical System Components, and Other Products segments.

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