In the last trading session, 3.06 million Applied Optoelectronics Inc (NASDAQ:AAOI) shares changed hands as the company’s beta touched 2.74. With the company’s per share price at $18.69 changed hands at -$0.18 or -0.95% during last session, the market valuation stood at $1.04B. AAOI’s last price was a discount, traded about -138.1% off its 52-week high of $44.50. The share price had its 52-week low at $6.70, which suggests the last value was 64.15% up since then.
Analysts gave the Applied Optoelectronics Inc (AAOI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.60. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AAOI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Applied Optoelectronics Inc’s EPS for the current quarter is expected to be -0.08.
Applied Optoelectronics Inc (NASDAQ:AAOI) trade information
Instantly AAOI was in red as seen at the end of in last trading. With action 27.40%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -49.29%, with the 5-day performance at 27.40% in the green. However, in the 30-day time frame, Applied Optoelectronics Inc (NASDAQ:AAOI) is 79.19% up.
The consensus price target for the stock as assigned by Wall Street analysts is 17.5, meaning bulls need a downside of -6.8% from its current market value. According to analyst projections, AAOI’s forecast low is 11.5 with 23 as the target high. To hit the forecast high, the stock’s price needs a -23.06% plunge from its current level, while the stock would need to tank 38.47% for it to hit the projected low.
Applied Optoelectronics Inc (AAOI) estimates and forecasts
Year-over-year growth is forecast to reach 92.54% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 104.96M. 4 analysts are of the opinion that Applied Optoelectronics Inc’s revenue for the current quarter will be 120.33M. The company’s revenue for the corresponding quarters a year ago was 43.27M and 65.15M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 142.56%. The estimates for the next quarter sales put growth at 84.69%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -6.34%. The 2025 estimates are for Applied Optoelectronics Inc earnings to increase by 123.16%.
AAOI Dividends
Applied Optoelectronics Inc is expected to release its next quarterly earnings report in June.
AMERIPRISE FINANCIAL INC holds the second largest percentage of outstanding shares, with 5.4783% or 2.16 million shares worth $17.88 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 1.36 shares estimated at $25.45 million under it, the former controlled 2.45% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.04% of the shares, roughly 1.13 shares worth around $21.19 million.
