The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) hit a new 52-week high and has $28.77 target or 26.00% above today’s $22.83 share price. The 6 months bullish chart indicates low risk for the $541.85M company. The 1-year high was reported on Oct, 7 by Barchart.com. If the $28.77 price target is reached, the company will be worth $140.88 million 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 96,195 shares traded hands. Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has risen 93.09% since March 4, 2016 and is uptrending. It has outperformed by 85.05% the S&P500.
Analysts await Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) to report earnings on November, 3. They expect $0.05 EPS, up 155.56% or $0.14 from last year’s $-0.09 per share. AOSL’s profit will be $1.19M for 114.15 P/E if the $0.05 EPS becomes a reality. After $0.09 actual EPS reported by Alpha and Omega Semiconductor Ltd for the previous quarter, Wall Street now forecasts -44.44% 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 -29.17% below today’s ($22.83) stock price. Alpha and Omega Semiconductor has been the topic of 9 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The company was downgraded on Thursday, March 17 by Sidoti. On Wednesday, August 12 the stock rating was maintained by B. Riley & Co with “Neutral”. B.riley maintained the stock with “Buy” rating in Wednesday, September 28 report. TheStreet downgraded the stock to “Hold” rating in Saturday, August 29 report. B. Riley & Co maintained the shares of AOSL in a report on Thursday, February 4 with “Neutral” rating. B. Riley & Co upgraded the shares of AOSL in a report on Thursday, August 11 to “Buy” rating. The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has “Buy” rating given on Monday, January 11 by Sidoti. The stock has “Outperform” rating given by Northland Capital on Thursday, February 4. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 7.
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 decreased to 1.25 in Q2 2016. Its down 1.40, from 2.65 in 2016Q1. The ratio fall, 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.
Goldman Sachs Gru Inc holds 92,489 shares or 0% of its portfolio. Bridgeway Cap has 376,399 shares for 0.08% of their US portfolio. Strs Ohio holds 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 43,800 shares. Sensato Invsts Lc, a California-based fund reported 92,878 shares. The Texas-based Eagle Global Advisors Limited Liability has invested 0.01% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). The Ontario – Canada-based Manufacturers Life Insur The has invested 0% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Schwab Charles Investment Management Incorporated owns 28,000 shares or 0% of their US portfolio. Walleye Trading Limited Liability holds 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 6,600 shares. Blackrock Inv Mgmt Limited Com owns 78,996 shares or 0% of their US portfolio. Renaissance Limited Co holds 0.02% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 586,100 shares. Blackrock Advisors Ltd Company last reported 132,021 shares in the company. Pnc Financial Service Group holds 0% or 3,161 shares in its portfolio. Bnp Paribas Arbitrage holds 708 shares or 0% of its portfolio. Deutsche Fincl Bank Ag last reported 82,040 shares in the company. Tower Capital Ltd Limited Liability Company (Trc) accumulated 971 shares or 0% of the stock.
Insider Transactions: Since July 1, 2016, the stock had 0 insider buys, and 6 insider sales for $2.44 million net activity. 17,436 shares were sold by Liang Yifan, worth $278,976 on Thursday, August 11. $10,136 worth of shares were sold by Chang Daniel Kuang Ming on Friday, July 8. Shares for $1.17 million were sold by Ho Yueh-Se on Wednesday, August 10.
More recent Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) news were published by: Globenewswire.com which released: “Alpha and Omega Semiconductor Reveals Lowest Rss MOSFET with Advanced CSP …” on October 06, 2016. Also Marketwatch.com published the news titled: “Alpha & Omega Semiconductor Inc.” on April 29, 2010. Quotes.Wsj.com‘s news article titled: “News Alpha & Omega Semiconductor Inc.AOSL” with publication date: February 11, 2011 was also an interesting one.
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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