Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Alpha and Omega Semiconductor Limited (AOSL) Stock Price

News coverage about Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alpha and Omega Semiconductor Limited earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.7263415911259 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

AOSL has been the topic of several research reports. B. Riley raised their target price on Alpha and Omega Semiconductor Limited from $24.00 to $27.00 and gave the company a “buy” rating in a research report on Friday. Stifel Nicolaus restated a “hold” rating and issued a $18.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, October 12th. Sidoti initiated coverage on Alpha and Omega Semiconductor Limited in a research report on Thursday, July 13th. They issued a “buy” rating on the stock. Finally, Northland Securities restated a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Friday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $25.00.

Shares of Alpha and Omega Semiconductor Limited (AOSL) traded down $1.21 during trading on Friday, reaching $17.41. The company had a trading volume of 179,962 shares, compared to its average volume of 75,432. The stock has a market cap of $418.50, a PE ratio of 28.54 and a beta of 0.29.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last posted its earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). The business had revenue of $104.90 million for the quarter, compared to analyst estimates of $103.15 million. Alpha and Omega Semiconductor Limited had a return on equity of 5.23% and a net margin of 3.92%. Alpha and Omega Semiconductor Limited’s revenue was up 7.0% compared to the same quarter last year. During the same period last year, the business earned $0.14 EPS. research analysts forecast that Alpha and Omega Semiconductor Limited will post 0.63 earnings per share for the current fiscal year.

In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 3,398 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $18.00, for a total transaction of $61,164.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 21.70% of the stock is owned by company insiders.