Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) announced its earnings results on Wednesday, August 9th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.09, Bloomberg Earnings reports. The company had revenue of $98 million for the quarter, compared to analyst estimates of $97.50 million. Alpha and Omega Semiconductor Limited had a return on equity of 4.80% and a net margin of 3.61%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year.
Alpha and Omega Semiconductor Limited (AOSL) traded up 2.61% on Friday, reaching $15.35. The company had a trading volume of 109,451 shares. The firm has a market capitalization of $368.28 million, a price-to-earnings ratio of 27.41 and a beta of 0.26. The stock’s 50-day moving average price is $17.04 and its 200 day moving average price is $18.00. Alpha and Omega Semiconductor Limited has a 52-week low of $14.87 and a 52-week high of $23.93.
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AOSL has been the topic of a number of recent analyst reports. TheStreet upgraded Alpha and Omega Semiconductor Limited from a “c+” rating to a “b-” rating in a research report on Friday, May 5th. Zacks Investment Research raised Alpha and Omega Semiconductor Limited from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Tuesday, May 9th. B. Riley reissued a “buy” rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a report on Tuesday, May 9th. Sidoti assumed coverage on Alpha and Omega Semiconductor Limited in a report on Thursday, July 13th. They issued a “buy” rating for the company. Finally, Northland Securities reaffirmed a “buy” rating and issued a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a report on Thursday, July 6th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $27.00.
Alpha and Omega Semiconductor Limited Company Profile
Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).
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