Analysts Expect Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Will Post Quarterly Sales of $194.00 Million

Brokerages expect Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Rating) to report $194.00 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Alpha and Omega Semiconductor’s earnings. Alpha and Omega Semiconductor reported sales of $169.21 million in the same quarter last year, which suggests a positive year-over-year growth rate of 14.7%. The business is expected to announce its next earnings report after the market closes on Monday, January 1st.

On average, analysts expect that Alpha and Omega Semiconductor will report full year sales of $772.70 million for the current fiscal year, with estimates ranging from $771.20 million to $774.20 million. For the next year, analysts expect that the firm will report sales of $821.85 million, with estimates ranging from $800.00 million to $843.70 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that follow Alpha and Omega Semiconductor.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Rating) last posted its quarterly earnings results on Monday, February 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.02. Alpha and Omega Semiconductor had a return on equity of 15.15% and a net margin of 60.82%. The company had revenue of $193.32 million during the quarter, compared to the consensus estimate of $188.00 million. During the same quarter in the prior year, the company earned $0.56 EPS. The firm’s quarterly revenue was up 21.7% compared to the same quarter last year.

AOSL has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research report on Thursday. Zacks Investment Research downgraded shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday, April 12th. Finally, B. Riley lowered their price target on shares of Alpha and Omega Semiconductor from $79.00 to $65.00 in a research report on Tuesday, April 12th.

Shares of NASDAQ AOSL opened at $43.41 on Monday. The company has a current ratio of 2.62, a quick ratio of 1.90 and a debt-to-equity ratio of 0.02. Alpha and Omega Semiconductor has a 12 month low of $23.66 and a 12 month high of $69.99. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 2.77 and a beta of 2.47. The business has a 50-day moving average of $52.09 and a 200-day moving average of $48.22.

In related news, EVP Bing Xue sold 1,989 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, April 18th. The stock was sold at an average price of $44.34, for a total transaction of $88,192.26. Following the sale, the executive vice president now owns 65,517 shares of the company’s stock, valued at approximately $2,905,023.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mike F. Chang sold 56,400 shares of the company’s stock in a transaction that occurred on Thursday, March 17th. The stock was sold at an average price of $55.00, for a total value of $3,102,000.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 74,913 shares of company stock valued at $4,055,047. Insiders own 19.90% of the company’s stock.

Several hedge funds have recently bought and sold shares of AOSL. FMR LLC boosted its holdings in shares of Alpha and Omega Semiconductor by 38.5% in 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. Peregrine Capital Management LLC bought a new stake in Alpha and Omega Semiconductor in the fourth quarter worth $15,610,000. Morgan Stanley boosted its stake in Alpha and Omega Semiconductor by 300.3% during the second quarter. Morgan Stanley now owns 226,307 shares of the semiconductor company’s stock worth $6,876,000 after buying an additional 169,776 shares during the period. Invesco Ltd. increased its position in Alpha and Omega Semiconductor by 426.7% during the fourth quarter. Invesco Ltd. now owns 184,804 shares of the semiconductor company’s stock valued at $11,193,000 after acquiring an additional 149,714 shares during the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at $8,135,000. 60.38% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Company Profile (Get Rating)

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, e-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.

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Earnings History and Estimates for Alpha and Omega Semiconductor (NASDAQ:AOSL)

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