$1.20 EPS Expected for Applied Optoelectronics Inc (AAOI)

October 20, 2017 - By Nellie Frank

 $1.20 EPS Expected for Applied Optoelectronics Inc (AAOI)
Investors sentiment increased to 2.21 in 2017 Q2. Its up 0.23, from 1.98 in 2017Q1. It is positive, as 25 investors sold Applied Optoelectronics Inc shares while 37 reduced holdings. 83 funds opened positions while 54 raised stakes. 15.44 million shares or 5.38% more from 14.65 million shares in 2017Q1 were reported.
Portolan Mgmt Limited Liability Com holds 0.31% or 38,489 shares in its portfolio. Mufg Americas holds 0% or 48 shares. Goldman Capital Management has invested 12.43% in Applied Optoelectronics Inc (NASDAQ:AAOI). Ameritas Invest Ptnrs Inc stated it has 1,515 shares. Livingston Gp Asset Co (Operating As Southport Capital Management) has invested 0.27% in Applied Optoelectronics Inc (NASDAQ:AAOI). Emerald Advisers Inc Pa reported 196,851 shares stake. 8,307 are owned by Grp Inc One Trading Limited Partnership. Vanguard Group stated it has 0% in Applied Optoelectronics Inc (NASDAQ:AAOI). Thrivent For Lutherans stated it has 0% in Applied Optoelectronics Inc (NASDAQ:AAOI). Lord Abbett Co Ltd Liability Com reported 0.04% of its portfolio in Applied Optoelectronics Inc (NASDAQ:AAOI). Sterneck Management Ltd, a Missouri-based fund reported 4,000 shares. Advisory Ntwk Ltd Llc has 2,225 shares. Swiss Fincl Bank holds 0% in Applied Optoelectronics Inc (NASDAQ:AAOI) or 27,200 shares. Royal Bancorporation Of Canada invested in 0% or 822 shares. Legal & General Group Public Ltd Liability reported 32,193 shares.

Since May 8, 2017, it had 0 insider buys, and 13 selling transactions for $7.88 million activity. Shares for $640,471 were sold by Yeh Shu-Hua (Joshua). Yeh William H sold $2.16M worth of stock. Murry Stefan J. sold $201,185 worth of stock or 3,168 shares. $227,220 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) shares were sold by Kuo David C. Another trade for 10,000 shares valued at $595,013 was sold by Chang Hung-Lun (Fred). Lin Chewei had sold 7,500 shares worth $480,000.

Investors wait Applied Optoelectronics Inc (NASDAQ:AAOI) to report on November, 2. its quarterly earnings Wall Street analysts expect $1.20 EPS, up $0.85 or 242.86 % from last year’s $0.35 same quarter earnings. This translates into $23.17M profit for AAOI giving the stock a 8.68 P/E. This is assuming the current $1.20 EPS is accurate. Applied Optoelectronics Inc’s Wall Street analysts see -16.08 % negative EPS growth, taking into account the $1.43 EPS reproted in the previous quarter, About 987,531 shares traded. Applied Optoelectronics Inc (NASDAQ:AAOI) has risen 622.05% since October 20, 2016 and is uptrending. It has outperformed by 605.35% the S&P500.

Applied Optoelectronics Inc (NASDAQ:AAOI) Ratings Coverage

Among 9 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 7 have Buy rating, 2 Sell and 0 Hold. Therefore 78% are positive. Applied Optoelectronics had 30 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating by Roth Capital given on Friday, July 14. The firm has “Buy” rating given on Friday, July 14 by DA Davidson. The firm has “Buy” rating by Needham given on Monday, July 24. As per Friday, August 4, the company rating was maintained by DA Davidson. Cowen & Co maintained it with “Buy” rating and $9400 target in Tuesday, June 20 report. Raymond James maintained Applied Optoelectronics Inc (NASDAQ:AAOI) rating on Friday, August 4. Raymond James has “Buy” rating and $10700 target. The rating was maintained by Craig Hallum on Friday, July 14 with “Buy”. The firm has “Buy” rating by Needham given on Tuesday, September 5. The rating was maintained by Needham on Friday, August 4 with “Buy”. Craig Hallum maintained it with “Buy” rating and $80.0 target in Tuesday, October 3 report.

Applied Optoelectronics, Inc. is a vertically integrated well-known provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television , fiber-to-the-home (FTTH) and telecommunications (telecom). The company has market cap of $804.23 million. The Firm creates and makes a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment. It has a 9.9 P/E ratio. To Internet data center operators, it supplies optical transceivers that plug into switches and servers within the data center and allow these network devices to send and receive data over fiber optic cables.

More notable recent Applied Optoelectronics Inc (NASDAQ:AAOI) news were published by: Seekingalpha.com which released: “Applied Optoelectronics: Time To Dip A Toe In?” on October 17, 2017, also Globenewswire.com with their article: “Applied Optoelectronics Demos Latest Remote PHY Solution at SCTE” published on October 16, 2017, Marketwatch.com published: “Applied Optoelectronics down more than 17% on profit, revenue warning” on October 12, 2017. More interesting news about Applied Optoelectronics Inc (NASDAQ:AAOI) were released by: Nasdaq.com and their article: “Options Traders Expect Huge Moves in Applied Optoelectronics, Inc. (AAOI) Stock” published on October 04, 2017 as well as Fool.com‘s news article titled: “2 Risks Investors Might Be Ignoring About Applied Optoelectronics” with publication date: September 21, 2017.

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