The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) hit a new 52-week high and has $25.33 target or 8.00% above today’s $23.45 share price. The 9 months bullish chart indicates low risk for the $554.27 million company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $25.33 price target is reached, the company will be worth $44.34M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 194,671 shares traded hands or 46.58% up from the average. Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has risen 71.79% since April 25, 2016 and is uptrending. It has outperformed by 65.78% the S&P500.
Analysts await Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) to report earnings on February, 1. They expect $0.08 EPS, up 260.00% or $0.13 from last year’s $-0.05 per share. AOSL’s profit will be $1.89M for 73.28 P/E if the $0.08 EPS becomes a reality. After $0.14 actual EPS reported by Alpha and Omega Semiconductor Ltd for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.
Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) Ratings Coverage
Out of 5 analysts covering Alpha and Omega Semiconductor (NASDAQ:AOSL), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $26 is the highest target while $8.50 is the lowest. The $16.17 average target is -31.04% below today’s ($23.45) stock price. Alpha and Omega Semiconductor has been the topic of 9 analyst reports since August 7, 2015 according to StockzIntelligence Inc. B. Riley & Co maintained the shares of AOSL in a report on Wednesday, August 12 with “Neutral” rating. TheStreet downgraded the shares of AOSL in a report on Saturday, August 29 to “Hold” rating. On Thursday, August 11 the stock rating was upgraded by B. Riley & Co to “Buy”. B.riley maintained Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) rating on Wednesday, September 28. B.riley has “Buy” rating and $26 price target. On Thursday, March 17 the stock rating was downgraded by Sidoti to “Neutral”. Sidoti initiated the shares of AOSL in a report on Monday, January 11 with “Buy” rating. The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has “Outperform” rating given on Thursday, February 4 by Northland Capital. The firm earned “Neutral” rating on Thursday, February 4 by B. Riley & Co. Stifel Nicolaus downgraded Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) on Friday, August 7 to “Hold” rating.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment increased to 2.28 in 2016 Q2. Its up 1.03, from 1.25 in 2016Q1. The ratio is positive, as 8 funds sold all Alpha and Omega Semiconductor Ltd shares owned while 28 reduced positions. 10 funds bought stakes while 35 increased positions. They now own 12.66 million shares or 6.58% less from 13.55 million shares in 2016Q1.
The Germany-based Deutsche Bancorp Ag has invested 0% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Federated Investors Incorporated Pa has 17,821 shares for 0% of their US portfolio. Royal Bank Of Canada has 17,131 shares for 0% of their US portfolio. Highbridge Cap Ltd Liability Corporation holds 0.01% or 31,657 shares in its portfolio. Eam Investors Ltd Liability Co has 0.43% invested in the company for 206,170 shares. Pdt Prtn Ltd holds 24,500 shares or 0.03% of its portfolio. Systematic Fincl Mngmt Ltd Partnership accumulated 90,215 shares or 0.02% of the stock. Gsa Cap Prtnrs Limited Liability Partnership reported 43,900 shares or 0.03% of all its holdings. First Quadrant L P Ca has 64,500 shares for 0.02% of their US portfolio. Aqr Cap Limited Liability Com owns 45,466 shares or 0% of their US portfolio. Ajo L P last reported 0.01% of its portfolio in the stock. Northern Trust holds 0% or 202,579 shares in its portfolio. Millennium Mgmt Limited Co has invested 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Geode Mngmt Limited Company holds 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 133,755 shares. Springbok Mngmt Limited Com holds 0.03% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 14,252 shares.
Insider Transactions: Since July 1, 2016, the stock had 0 insider buys, and 10 insider sales for $4.77 million net activity. Shares for $1.17 million were sold by Ho Yueh-Se on Wednesday, August 10. $85,440 worth of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) shares were sold by Chang Daniel Kuang Ming. Another trade for 50,000 shares valued at $1.13M was made by Chang Mike F on Monday, October 10. Liang Yifan sold $58,972 worth of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) on Monday, October 10.
More news for Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) were recently published by: Marketwatch.com, which released: “Alpha & Omega Semiconductor stock price target raised to $20.50 from $12.50 at …” on April 29, 2010. Quotes.Wsj.com‘s article titled: “News Alpha & Omega Semiconductor Inc.AOSL” and published on February 11, 2011 is yet another important article.
AOSL Company Profile
Alpha and Omega Semiconductor Limited, incorporated on September 27, 2000, is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s portfolio of products focuses high-volume applications, including personal computers, flat panel televisions, light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for television, computers, servers and telecommunications equipment. The Firm sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. The Firm conducts its activities primarily in the United States, Hong Kong, China, Taiwan, Korea and Japan.
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