Alpha & Omega Semiconductor (AOSL) Stock Rating Lowered by Stifel Nicolaus

Stifel Nicolaus cut shares of Alpha & Omega Semiconductor (NASDAQ:AOSL) from a hold rating to a sell rating in a report released on Monday morning, Marketbeat.com reports. The brokerage currently has $13.00 price objective on the semiconductor company’s stock, down from their previous price objective of $16.00.

Several other brokerages have also recently commented on AOSL. BidaskClub upgraded shares of Alpha & Omega Semiconductor from a sell rating to a hold rating in a research report on Saturday, March 3rd. ValuEngine upgraded shares of Alpha & Omega Semiconductor from a sell rating to a hold rating in a research report on Wednesday, May 2nd. Finally, Zacks Investment Research upgraded shares of Alpha & Omega Semiconductor from a hold rating to a buy rating and set a $17.00 price target on the stock in a research report on Tuesday, May 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of $21.75.

AOSL stock opened at $14.91 on Monday. The stock has a market capitalization of $353.90 million, a P/E ratio of 26.27 and a beta of 0.40. Alpha & Omega Semiconductor has a fifty-two week low of $14.72 and a fifty-two week high of $14.94. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.81 and a quick ratio of 1.19.

Alpha & Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, May 2nd. The semiconductor company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. Alpha & Omega Semiconductor had a net margin of 4.24% and a return on equity of 4.27%. The business had revenue of $102.90 million during the quarter, compared to the consensus estimate of $101.78 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. analysts anticipate that Alpha & Omega Semiconductor will post 0.57 EPS for the current fiscal year.

In other Alpha & Omega Semiconductor news, VP Daniel Kuang Ming Chang sold 3,750 shares of the business’s stock in a transaction dated Tuesday, April 17th. The shares were sold at an average price of $16.00, for a total value of $60,000.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last quarter, insiders sold 5,416 shares of company stock worth $85,474. 21.70% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of AOSL. Bank of Montreal Can raised its holdings in Alpha & Omega Semiconductor by 1,162.7% during the 4th quarter. Bank of Montreal Can now owns 9,344 shares of the semiconductor company’s stock worth $152,000 after buying an additional 8,604 shares during the period. A.R.T. Advisors LLC acquired a new stake in Alpha & Omega Semiconductor during the 1st quarter worth about $167,000. Tower Research Capital LLC TRC raised its holdings in Alpha & Omega Semiconductor by 264.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,319 shares of the semiconductor company’s stock worth $169,000 after buying an additional 7,488 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in Alpha & Omega Semiconductor during the 1st quarter worth about $204,000. Finally, Victory Capital Management Inc. acquired a new stake in Alpha & Omega Semiconductor during the 1st quarter worth about $245,000. Hedge funds and other institutional investors own 69.25% of the company’s stock.

About Alpha & Omega Semiconductor

Alpha and Omega Semiconductor Limited and its subsidiaries design, develop, and supply various power semiconductors. It offers various power discrete products, including low, medium, and high voltage power metal-oxide-semiconductor field-effect transistors (MOSFETs); and SRFETs, XSFET, electrostatic discharges, protected MOSFETs, and insulated gate bipolar transistors, which are used for routing current and switching voltages in power control circuits.

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