Research Analysts’ Weekly Ratings Updates for Alpha and Omega Semiconductor (AOSL)

A number of firms have modified their ratings and price targets on shares of Alpha and Omega Semiconductor (NASDAQ: AOSL) recently:

  • 6/24/2019 – Alpha and Omega Semiconductor was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Alpha and Omega Semiconductor Limited is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements. “
  • 6/18/2019 – Alpha and Omega Semiconductor is now covered by analysts at Loop Capital. They set a “buy” rating and a $13.00 price target on the stock.
  • 6/12/2019 – Alpha and Omega Semiconductor was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Alpha and Omega Semiconductor Limited is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements. “
  • 6/5/2019 – Alpha and Omega Semiconductor was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Alpha and Omega Semiconductor Limited is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements. “
  • 5/30/2019 – Alpha and Omega Semiconductor was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Alpha and Omega Semiconductor Limited is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements. “
  • 5/18/2019 – Alpha and Omega Semiconductor was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 5/13/2019 – Alpha and Omega Semiconductor was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Alpha and Omega Semiconductor Limited is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements. “

Alpha and Omega Semiconductor stock opened at $8.62 on Wednesday. The stock has a market cap of $207.94 million, a PE ratio of 12.68 and a beta of 1.07. The stock’s fifty day moving average price is $9.11. Alpha and Omega Semiconductor Ltd has a 12-month low of $8.22 and a 12-month high of $16.26. The company has a current ratio of 1.83, a quick ratio of 1.20 and a debt-to-equity ratio of 0.25.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Thursday, May 2nd. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.22. The business had revenue of $109.10 million during the quarter, compared to analysts’ expectations of $111.05 million. Alpha and Omega Semiconductor had a net margin of 0.08% and a return on equity of 4.77%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 EPS. On average, sell-side analysts expect that Alpha and Omega Semiconductor Ltd will post 0.51 earnings per share for the current year.

In other news, VP Daniel Kuang Ming Chang sold 9,163 shares of Alpha and Omega Semiconductor stock in a transaction on Friday, March 29th. The shares were sold at an average price of $11.00, for a total transaction of $100,793.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 21.00% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in AOSL. Victory Capital Management Inc. lifted its position in Alpha and Omega Semiconductor by 4.1% in the fourth quarter. Victory Capital Management Inc. now owns 27,965 shares of the semiconductor company’s stock valued at $285,000 after acquiring an additional 1,089 shares during the last quarter. California Public Employees Retirement System lifted its position in Alpha and Omega Semiconductor by 1.5% in the fourth quarter. California Public Employees Retirement System now owns 110,673 shares of the semiconductor company’s stock valued at $1,128,000 after acquiring an additional 1,609 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its position in Alpha and Omega Semiconductor by 15.0% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 18,518 shares of the semiconductor company’s stock valued at $209,000 after acquiring an additional 2,412 shares during the last quarter. Bank of Montreal Can lifted its position in Alpha and Omega Semiconductor by 315.3% in the fourth quarter. Bank of Montreal Can now owns 3,642 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 2,765 shares during the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in Alpha and Omega Semiconductor by 427.6% in the first quarter. BNP Paribas Arbitrage SA now owns 4,152 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 3,365 shares during the last quarter. 63.68% of the stock is owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

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