Zacks: Analysts Expect O2Micro International Limited (NASDAQ:OIIM) to Announce $0.02 EPS

Equities analysts predict that O2Micro International Limited (NASDAQ:OIIMGet Rating) will report $0.02 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for O2Micro International’s earnings, with the highest EPS estimate coming in at $0.02 and the lowest estimate coming in at $0.01. O2Micro International posted earnings of $0.09 per share during the same quarter last year, which would indicate a negative year over year growth rate of 77.8%. The business is scheduled to announce its next earnings report before the market opens on Monday, January 1st.

According to Zacks, analysts expect that O2Micro International will report full-year earnings of $0.45 per share for the current financial year, with EPS estimates ranging from $0.38 to $0.51. For the next year, analysts expect that the firm will report earnings of $0.55 per share, with EPS estimates ranging from $0.48 to $0.62. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that follow O2Micro International.

A number of equities research analysts have issued reports on OIIM shares. StockNews.com started coverage on shares of O2Micro International in a report on Thursday, March 31st. They issued a “buy” rating on the stock. TheStreet cut shares of O2Micro International from a “b-” rating to a “c+” rating in a research report on Wednesday, January 12th.

O2Micro International stock opened at $3.28 on Friday. The firm’s fifty day moving average price is $3.75 and its 200-day moving average price is $4.58. The stock has a market cap of $93.46 million, a P/E ratio of 8.41 and a beta of 0.78. O2Micro International has a fifty-two week low of $2.90 and a fifty-two week high of $8.04.

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in O2Micro International during the 3rd quarter valued at about $61,000. Cubist Systematic Strategies LLC bought a new position in shares of O2Micro International in the third quarter worth approximately $63,000. Mercer Global Advisors Inc. ADV bought a new position in shares of O2Micro International in the third quarter worth approximately $69,000. Virtu Financial LLC purchased a new stake in shares of O2Micro International in the fourth quarter worth $105,000. Finally, F3Logic LLC purchased a new stake in shares of O2Micro International in the third quarter worth $133,000. 38.67% of the stock is owned by hedge funds and other institutional investors.

About O2Micro International (Get Rating)

O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, the United States, Taiwan, Japan, Korea, Malaysia, Singapore, and internationally. The company offers analog and mixed-signal integrated circuits that manage and provide power for LCD and LED lighting; control and monitor battery charging and discharging in portable electronic devices and vehicles; perform DC/DC and AC/DC conversion; and provides select and switch functionality between power sources, and LED drivers for backlighting products.

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