Alpha and Omega Semiconductor (AOSL) Scheduled to Post Earnings on Tuesday

Alpha and Omega Semiconductor (NASDAQ:AOSL) will release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Alpha and Omega Semiconductor to post earnings of ($0.14) per share for the quarter. Alpha and Omega Semiconductor has set its Q3 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.04. The company had revenue of $165.29 million for the quarter, compared to analyst estimates of $165.00 million. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. On average, analysts expect Alpha and Omega Semiconductor to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Alpha and Omega Semiconductor Stock Up 2.1 %

Shares of Alpha and Omega Semiconductor stock opened at $22.36 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.52 and a quick ratio of 1.33. The firm has a market cap of $632.34 million, a price-to-earnings ratio of -35.49 and a beta of 2.36. The stock has a 50-day simple moving average of $21.95 and a 200-day simple moving average of $23.56. Alpha and Omega Semiconductor has a 52-week low of $19.38 and a 52-week high of $35.40.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 14,292 shares of the business’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $22.77, for a total value of $325,428.84. Following the sale, the executive vice president now owns 131,291 shares of the company’s stock, valued at approximately $2,989,496.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Yifan Liang sold 20,000 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total value of $466,200.00. Following the sale, the chief financial officer now owns 293,296 shares of the company’s stock, valued at approximately $6,836,729.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Bing Xue sold 14,292 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $22.77, for a total transaction of $325,428.84. Following the completion of the sale, the executive vice president now directly owns 131,291 shares in the company, valued at approximately $2,989,496.07. The disclosure for this sale can be found here. Insiders have sold 40,649 shares of company stock valued at $920,392 in the last 90 days. 17.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. Stifel Nicolaus dropped their target price on shares of Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating on the stock in a research report on Thursday, April 18th.

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 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.