Alpha and Omega Semiconductor (NASDAQ:AOSL) Raised to Hold at ValuEngine

ValuEngine upgraded shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a sell rating to a hold rating in a report issued on Tuesday morning, ValuEngine reports.

Several other research firms also recently issued reports on AOSL. B. Riley cut their price objective on Alpha and Omega Semiconductor from $21.00 to $19.00 and set a buy rating on the stock in a report on Thursday, February 6th. Zacks Investment Research downgraded Alpha and Omega Semiconductor from a buy rating to a hold rating in a report on Tuesday, January 7th. Loop Capital reiterated a buy rating and issued a $18.00 price objective on shares of Alpha and Omega Semiconductor in a report on Thursday, February 6th. Finally, BidaskClub downgraded Alpha and Omega Semiconductor from a sell rating to a strong sell rating in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Alpha and Omega Semiconductor has an average rating of Hold and a consensus target price of $17.00.

Shares of Alpha and Omega Semiconductor stock opened at $10.84 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.60 and a debt-to-equity ratio of 0.29. The firm has a market cap of $261.21 million, a PE ratio of 271.00 and a beta of 1.10. Alpha and Omega Semiconductor has a 52 week low of $8.22 and a 52 week high of $14.50. The business’s fifty day simple moving average is $12.25 and its 200-day simple moving average is $12.50.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.23. The firm had revenue of $117.90 million for the quarter, compared to the consensus estimate of $119.10 million. Alpha and Omega Semiconductor had a return on equity of 3.63% and a net margin of 0.22%. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.06) EPS. As a group, equities analysts expect that Alpha and Omega Semiconductor will post 0.46 earnings per share for the current year.

In other Alpha and Omega Semiconductor news, VP Bing Xue sold 8,496 shares of the company’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $13.70, for a total transaction of $116,395.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 21.20% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of AOSL. Russell Investments Group Ltd. increased its holdings in Alpha and Omega Semiconductor by 215.7% during the 4th quarter. Russell Investments Group Ltd. now owns 707,358 shares of the semiconductor company’s stock worth $9,632,000 after purchasing an additional 483,309 shares during the period. FMR LLC increased its holdings in Alpha and Omega Semiconductor by 38.5% during the 1st quarter. FMR LLC now owns 1,358,300 shares of the semiconductor company’s stock worth $15,634,000 after purchasing an additional 377,800 shares during the period. AQR Capital Management LLC increased its holdings in Alpha and Omega Semiconductor by 1,039.8% during the 4th quarter. AQR Capital Management LLC now owns 146,120 shares of the semiconductor company’s stock worth $1,990,000 after purchasing an additional 133,300 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in Alpha and Omega Semiconductor during the 4th quarter worth about $1,670,000. Finally, Boston Partners increased its holdings in Alpha and Omega Semiconductor by 127.5% during the 4th quarter. Boston Partners now owns 151,945 shares of the semiconductor company’s stock worth $2,070,000 after purchasing an additional 85,163 shares during the period. Institutional investors own 61.91% 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.

Recommended Story: Most Volatile Stocks

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Alpha and Omega Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha and Omega Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.