Why Buy Stock In Alpha & Omega Semiconductor Ltd (AOSL)?

Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL) has a beta value of 2.46 and has seen 1.31 million shares traded in the last trading session. The company, currently valued at $1.12B, closed the last trade at $40.36 per share which meant it gained $1.73 on the day or 4.48% during that session. The AOSL stock price is -17.57% off its 52-week high price of $47.45 and 51.98% above the 52-week low of $19.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.78 million shares traded. The 3-month trading volume is 351.10K shares.

The consensus among analysts is that Alpha & Omega Semiconductor Ltd (AOSL) is Buy stock at the moment, with a recommendation rating of 2.33. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.08.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL) trade information

Sporting 4.48% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AOSL stock price touched $40.36 or saw a rise of 11.68%. Year-to-date, Alpha & Omega Semiconductor Ltd shares have moved 54.87%, while the 5-day performance has seen it change 31.81%. Over the past 30 days, the shares of Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL) have changed 12.08%. Short interest in the company has seen 0.86 million shares shorted with days to cover at 5.7.

Wall Street analysts have a consensus price target for the stock at $31.5, which means that the shares’ value could drop -28.13% from current levels. The projected low price target is $21.0 while the price target rests at a high of $42.0. In that case, then, we find that the current price level is -4.06% off the targeted high while a plunge would see the stock lose 47.97% from current levels.

Alpha & Omega Semiconductor Ltd (AOSL) estimates and forecasts

Figures show that Alpha & Omega Semiconductor Ltd shares have underperformed across the wider relevant industry. The company’s shares have gained 35.85% over the past 6 months, with this year growth rate of -54.84%, compared to -2.40% for the industry. Revenue growth from the last financial year stood is estimated to be 3.97%.

3 analysts offering their estimates for the company have set an average revenue estimate of 170.07M for the current quarter. 3 have an estimated revenue figure of 161.03M for the next ending quarter. Year-ago sales stood 165.28M and 150.06M respectively for this quarter and the next, and analysts expect sales will grow by 2.89% for the current quarter and 3.97% for the next.

Earnings growth for 2024 is a modest -40.32% while over the next 5 years, the company’s earnings are expected to increase by 17.00%.

AOSL Dividends

Alpha & Omega Semiconductor Ltd is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL)’s Major holders

Insiders own 16.97% of the company shares, while shares held by institutions stand at 69.37% with a share float percentage of 83.54%. Investors are also buoyed by the number of investors in a company, with Alpha & Omega Semiconductor Ltd having a total of 253.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 3.73 million shares worth more than $139.32 million. As of 2024-06-30, BLACKROCK INC. held 13.1115% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 2.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $81.11 million and represent 7.6338% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 5.20% shares in the company for having 1.51 shares of worth $60.9 million while later fund manager owns 652.2 shares of worth $26.32 million as of Jun 30, 2024 , which makes it owner of about 2.25% of company’s outstanding stock.