Stifel Nicolaus Issues Pessimistic Forecast for Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock Price

Alpha and Omega Semiconductor (NASDAQ:AOSL) had its price target dropped by investment analysts at Stifel Nicolaus from $30.00 to $18.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “sell” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 3.81% from the company’s previous close.

Several other equities analysts have also recently issued reports on the company. Benchmark boosted their target price on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, March 7th.

Alpha and Omega Semiconductor Price Performance

Alpha and Omega Semiconductor stock opened at $17.34 on Thursday. The business has a 50 day simple moving average of $26.39 and a 200-day simple moving average of $33.83. Alpha and Omega Semiconductor has a 12 month low of $16.38 and a 12 month high of $53.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The stock has a market capitalization of $510.06 million, a PE ratio of -21.68 and a beta of 2.48.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. Equities analysts predict that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several institutional investors have recently modified their holdings of AOSL. IFP Advisors Inc increased its stake in Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 548 shares in the last quarter. Sterling Capital Management LLC increased its position in shares of Alpha and Omega Semiconductor by 820.7% in the fourth quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 673 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Alpha and Omega Semiconductor by 94.7% during the 1st quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company’s stock worth $30,000 after buying an additional 594 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after buying an additional 291 shares during the last quarter. Finally, Larson Financial Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the 4th quarter worth about $38,000. Hedge funds and other institutional investors own 78.97% of the company’s stock.

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.