During the last session, Applied Optoelectronics Inc (NASDAQ:AAOI)’s traded shares were 4.39 million, with the beta value of the company hitting 2.63. At the end of the trading day, the stock’s price was $14.76, reflecting an intraday gain of 5.58% or $0.78. The 52-week high for the AAOI share is $44.50, that puts it down -201.49 from that peak though still a striking 54.61% gain since the share price plummeted to a 52-week low of $6.70. The company’s market capitalization is $819.39M, and the average trade volume was 4.34 million shares over the past three months.
Applied Optoelectronics Inc (AAOI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.60. AAOI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.07.
Applied Optoelectronics Inc (NASDAQ:AAOI) trade information
Applied Optoelectronics Inc (AAOI) registered a 5.58% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.58% in intraday trading to $14.76, hitting a weekly high. The stock’s 5-day price performance is 0.34%, and it has moved by 37.94% in 30 days. Based on these gigs, the overall price performance for the year is 23.51%.
The consensus price target of analysts on Wall Street is $17.5, which implies an increase of 15.66% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11.5 and $23 respectively. As a result, AAOI is trading at a discount of -55.83% off the target high and 22.09% off the low.
Applied Optoelectronics Inc (AAOI) estimates and forecasts
In the rating firms’ projections, revenue will increase 112.52% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 114.62M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 140.11M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 43.27M and 65.15M respectively. In this case, analysts expect current quarter sales to grow by 164.90% and then jump by 115.06% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -6.34%. While earnings are projected to return 180.61% in 2025.
AAOI Dividends
Applied Optoelectronics Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.16 million shares, is of AMERIPRISE FINANCIAL INC’s that is approximately 5.4783% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $17.88 million.
Also, the Mutual Funds coming in first place with the largest holdings of Applied Optoelectronics Inc (AAOI) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.36 shares. This amounts to just over 2.45 percent of the company’s overall shares, with a $20.09 million market value. The same data shows that the other fund manager holds slightly less at 1.13, or about 2.04% of the stock, which is worth about $16.73 million.
