Equities research analysts expect Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) to report $101.93 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Alpha and Omega Semiconductor Limited’s earnings, with the lowest sales estimate coming in at $101.40 million and the highest estimate coming in at $102.40 million. Alpha and Omega Semiconductor Limited posted sales of $94.69 million during the same quarter last year, which suggests a positive year over year growth rate of 7.6%. The business is expected to report its next earnings report on Wednesday, February 14th.

On average, analysts expect that Alpha and Omega Semiconductor Limited will report full-year sales of $101.93 million for the current fiscal year, with estimates ranging from $406.00 million to $413.90 million. For the next year, analysts forecast that the firm will report sales of $430.10 million per share, with estimates ranging from $416.40 million to $439.60 million. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Alpha and Omega Semiconductor Limited.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last posted its quarterly earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). Alpha and Omega Semiconductor Limited had a net margin of 3.92% and a return on equity of 4.85%. The business had revenue of $104.90 million during the quarter, compared to the consensus estimate of $103.15 million. During the same quarter in the prior year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year.

Several equities research analysts have recently commented on AOSL shares. B. Riley restated a “buy” rating and issued a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a report on Sunday, August 13th. Northland Securities restated a “buy” rating and issued a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a report on Friday, November 3rd. Finally, Stifel Nicolaus restated a “hold” rating and issued a $18.00 price target on shares of Alpha and Omega Semiconductor Limited in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $25.00.

In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 3,398 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $18.00, for a total transaction of $61,164.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 21.70% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in AOSL. Bank of New York Mellon Corp boosted its holdings in shares of Alpha and Omega Semiconductor Limited by 9.8% in the 1st quarter. Bank of New York Mellon Corp now owns 98,937 shares of the semiconductor company’s stock valued at $1,701,000 after acquiring an additional 8,822 shares during the last quarter. American International Group Inc. boosted its holdings in shares of Alpha and Omega Semiconductor Limited by 7.5% in the 1st quarter. American International Group Inc. now owns 11,227 shares of the semiconductor company’s stock valued at $193,000 after acquiring an additional 780 shares during the last quarter. Teachers Advisors LLC boosted its holdings in shares of Alpha and Omega Semiconductor Limited by 7.4% in the 1st quarter. Teachers Advisors LLC now owns 89,162 shares of the semiconductor company’s stock valued at $1,533,000 after acquiring an additional 6,170 shares during the last quarter. TIAA CREF Investment Management LLC boosted its holdings in shares of Alpha and Omega Semiconductor Limited by 6.2% in the 1st quarter. TIAA CREF Investment Management LLC now owns 187,481 shares of the semiconductor company’s stock valued at $3,223,000 after acquiring an additional 11,022 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Alpha and Omega Semiconductor Limited by 16.3% in the 1st quarter. Vanguard Group Inc. now owns 978,591 shares of the semiconductor company’s stock valued at $16,822,000 after acquiring an additional 137,513 shares during the last quarter. 69.51% of the stock is currently owned by institutional investors and hedge funds.

Shares of Alpha and Omega Semiconductor Limited (AOSL) opened at $17.69 on Friday. Alpha and Omega Semiconductor Limited has a twelve month low of $14.81 and a twelve month high of $23.93. The company has a market cap of $418.74, a PE ratio of 28.56 and a beta of 0.29.

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Alpha and Omega Semiconductor Limited Company Profile

Alpha and Omega Semiconductor Limited 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 product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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