Alpha and Omega Semiconductor (NASDAQ:AOSL) Releases Earnings Results, Misses Expectations By $0.26 EPS

Alpha and Omega Semiconductor (NASDAQ:AOSL) announced its earnings results on Wednesday. The semiconductor company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26), Zacks reports. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%.

Alpha and Omega Semiconductor Trading Up 0.4 %

Shares of NASDAQ:AOSL traded up $0.18 during mid-day trading on Wednesday, reaching $43.33. 907,260 shares of the company were exchanged, compared to its average volume of 601,011. Alpha and Omega Semiconductor has a 1 year low of $19.38 and a 1 year high of $53.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44. The firm’s 50-day simple moving average is $40.44 and its 200 day simple moving average is $37.49. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of -64.67 and a beta of 2.47.

Insider Buying and Selling

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 875 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $41.00, for a total value of $35,875.00. Following the sale, the executive vice president now directly owns 128,986 shares in the company, valued at $5,288,426. This trade represents a 0.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Claudia Chen sold 5,623 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $51.27, for a total value of $288,291.21. Following the completion of the transaction, the director now owns 26,572 shares in the company, valued at approximately $1,362,346.44. The trade was a 17.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 53,124 shares of company stock valued at $2,500,685. Corporate insiders own 16.90% of the company’s stock.

Analysts Set New Price Targets

AOSL has been the topic of several recent research reports. Benchmark reaffirmed a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th. B. Riley cut their price objective on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, Stifel Nicolaus dropped their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a research note on Wednesday, November 6th.

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 in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.