Zacks Research Upgrades ams-OSRAM (OTCMKTS:AMSSY) to “Hold”

ams-OSRAM (OTCMKTS:AMSSY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other research firms have also commented on AMSSY. Jefferies Financial Group lowered ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Deutsche Bank Aktiengesellschaft downgraded ams-OSRAM to a “hold” rating in a report on Wednesday. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

ams-OSRAM Price Performance

Shares of AMSSY opened at $5.19 on Wednesday. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.23 and a quick ratio of 0.86. ams-OSRAM has a 1-year low of $3.18 and a 1-year high of $8.00. The stock has a market cap of $1.04 billion, a PE ratio of -7.31 and a beta of 1.04. The firm has a fifty day moving average price of $5.06 and a 200 day moving average price of $5.98.

ams-OSRAM (OTCMKTS:AMSSY) last posted its earnings results on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. ams-OSRAM had a positive return on equity of 6.02% and a negative net margin of 3.76%.The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $870.83 million. As a group, sell-side analysts anticipate that ams-OSRAM will post 0.67 EPS for the current year.

ams-OSRAM Company Profile

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.