Alpha & Omega Semiconductor Ltd. (AOSL) Is Down -9.83%, As Bears Mark A Loss

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Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL) has a beta value of 2.47 and has seen 0.63 million shares traded in the recent trading session. The company, currently valued at $1.13B, closed the recent trade at $38.79 per share which meant it lost -$4.23 on the day or -9.83% during that session. The AOSL stock price is -37.38% off its 52-week high price of $53.29 and 50.04% 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 1.23 million shares traded. The 3-month trading volume is 539.31K 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.

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

Sporting -9.83% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AOSL stock price touched $38.79 or saw a rise of 22.42%. Year-to-date, Alpha & Omega Semiconductor Ltd shares have moved 48.85%, while the 5-day performance has seen it change -17.04%. Over the past 30 days, the shares of Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL) have changed 38.09%. Short interest in the company has seen 1.61 million shares shorted with days to cover at 2.38.

Wall Street analysts have a consensus price target for the stock at $42, which means that the shares’ value could jump 7.64% from the levels at last check today. The projected low price target is $42.0 while the price target rests at a high of $42.0. In that case, then, we find that the latest price level in today’s session is -8.28% off the targeted high while a plunge would see the stock gain -8.28% from the levels at last check today.

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 23.73% over the past 6 months, with this year growth rate of -54.84%, compared to -0.90% 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 January 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 16.68% of the company shares, while shares held by institutions stand at 69.43% with a share float percentage of 83.33%. Investors are also buoyed by the number of investors in a company, with Alpha & Omega Semiconductor Ltd having a total of 254.0 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 5.22% shares in the company for having 1.52 shares of worth $59.73 million while later fund manager owns 726.32 shares of worth $28.64 million as of Sep 30, 2024, which makes it owner of about 2.50% of company’s outstanding stock.