$111.05 Million in Sales Expected for Alpha and Omega Semiconductor Ltd (AOSL) This Quarter

Equities research analysts expect Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) to post sales of $111.05 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Alpha and Omega Semiconductor’s earnings, with the lowest sales estimate coming in at $111.00 million and the highest estimate coming in at $111.10 million. Alpha and Omega Semiconductor posted sales of $102.90 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.9%. The business is scheduled to issue its next earnings report on Wednesday, May 1st.

According to Zacks, analysts expect that Alpha and Omega Semiconductor will report full-year sales of $458.25 million for the current financial year, with estimates ranging from $457.00 million to $459.50 million. For the next fiscal year, analysts forecast that the business will post sales of $495.35 million, with estimates ranging from $489.00 million to $501.70 million. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Alpha and Omega Semiconductor.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Wednesday, February 6th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.15. Alpha and Omega Semiconductor had a return on equity of 4.98% and a net margin of 0.80%. The business had revenue of $114.90 million for the quarter, compared to the consensus estimate of $113.40 million. During the same quarter in the previous year, the company posted $0.32 EPS. The company’s revenue was up 10.6% compared to the same quarter last year.

Several research firms have recently weighed in on AOSL. Zacks Investment Research raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 18th. ValuEngine raised Alpha and Omega Semiconductor from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 24th. Four analysts have rated the stock with a sell rating, The stock currently has an average rating of “Sell” and an average price target of $14.50.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of Montreal Can increased its position in shares of Alpha and Omega Semiconductor by 315.3% during the 4th quarter. Bank of Montreal Can now owns 3,642 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 2,765 shares during the last quarter. RBF Capital LLC bought a new position in shares of Alpha and Omega Semiconductor during the 3rd quarter valued at approximately $127,000. Granite Point Capital Management L.P. bought a new position in shares of Alpha and Omega Semiconductor during the 4th quarter valued at approximately $132,000. Campbell & CO Investment Adviser LLC increased its position in shares of Alpha and Omega Semiconductor by 15.0% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 18,518 shares of the semiconductor company’s stock valued at $209,000 after purchasing an additional 2,412 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in Alpha and Omega Semiconductor during the 4th quarter valued at $244,000. 65.38% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ AOSL traded up $0.69 during trading hours on Friday, hitting $11.51. 359,100 shares of the company traded hands, compared to its average volume of 88,900. The company has a market cap of $259.52 million, a P/E ratio of 16.93 and a beta of 0.79. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.11 and a current ratio of 1.64. Alpha and Omega Semiconductor has a 12 month low of $9.01 and a 12 month high of $16.30.

Alpha and Omega Semiconductor Company Profile

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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