Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has been given an average rating of “Hold” by the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $23.33.

A number of equities analysts have weighed in on AOSL shares. ValuEngine lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Tuesday, September 4th. Zacks Investment Research lowered shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, July 3rd. BidaskClub lowered shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. Finally, TheStreet lowered shares of Alpha and Omega Semiconductor from a “b-” rating to a “c+” rating in a report on Monday, July 16th.

Large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 8.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,098,700 shares of the semiconductor company’s stock valued at $15,645,000 after acquiring an additional 83,800 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 8.6% during the 1st quarter. Millennium Management LLC now owns 268,172 shares of the semiconductor company’s stock valued at $4,143,000 after acquiring an additional 21,309 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Alpha and Omega Semiconductor by 13.1% during the 1st quarter. Swiss National Bank now owns 34,580 shares of the semiconductor company’s stock valued at $534,000 after acquiring an additional 4,000 shares in the last quarter. Foundry Partners LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 15.6% during the 2nd quarter. Foundry Partners LLC now owns 326,450 shares of the semiconductor company’s stock valued at $4,649,000 after acquiring an additional 44,125 shares in the last quarter. Finally, Royce & Associates LP lifted its holdings in shares of Alpha and Omega Semiconductor by 18.6% during the 2nd quarter. Royce & Associates LP now owns 1,173,630 shares of the semiconductor company’s stock valued at $16,712,000 after acquiring an additional 184,014 shares in the last quarter. Institutional investors and hedge funds own 65.29% of the company’s stock.

Shares of AOSL traded down $0.20 during mid-day trading on Friday, reaching $9.95. The company had a trading volume of 77,200 shares, compared to its average volume of 109,384. The firm has a market cap of $251.60 million, a PE ratio of 14.96 and a beta of 0.25. Alpha and Omega Semiconductor has a fifty-two week low of $9.65 and a fifty-two week high of $18.72. The company has a quick ratio of 1.26, a current ratio of 1.84 and a debt-to-equity ratio of 0.20.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, August 8th. The semiconductor company reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.22. The company had revenue of $109.90 million for the quarter, compared to analyst estimates of $108.43 million. Alpha and Omega Semiconductor had a net margin of 3.38% and a return on equity of 5.34%. Alpha and Omega Semiconductor’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the business earned $0.25 EPS. As a group, equities research analysts anticipate that Alpha and Omega Semiconductor will post 0.85 earnings per share for the current year.

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 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.

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