Applied Optoelectronics Inc (AAOI) saw an uptrend of 9.20% in the recent trading with $29.56 being its most recent. The current price level -33.57% lower than the highest price of $44.50 marked by the stock while trading over the past 52-weeks, whereas it is 204.40% higher than the lowest price of $9.71 the company dropped to over past 52-weeks. The latest news story on AAOI appeared in (GlobeNewswire) under the title “AOI Advances Its Software Suite with New AI Intelligence Modules for Smarter Networks”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.75 for the stock.
Applied Optoelectronics Inc Earnings – What Happened With AAOI
Coming around sales and income figures on AAOI Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Applied Optoelectronics Inc (AAOI) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -25.37% for net revenue.
AAOI – Applied Optoelectronics Inc Stock Earnings Estimates
The perspective of Applied Optoelectronics Inc (NASDAQ:AAOI)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.17 for stock’s EPS in the current quarter. Applied Optoelectronics Inc (AAOI) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -25.37% for net revenue. Company’s EPS for the last quarter was -0.21.
Applied Optoelectronics Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 61.89 million. AAOI does have institutional investors; and they hold 53.57% of the stock.
As on 2024-06-30, BLACKROCK INC. was the top most holder in Applied Optoelectronics Inc (NASDAQ:AAOI) with an ownership of 3.01 million shares of the company or 7.6532 of the stake worth $24.98 million. The filing also reveals AMERIPRISE FINANCIAL INC as the second largest holder in the company with a control over 5.4783 of the outstanding shares. Its stake is worth $17.88 million for having 2.16 million shares in hand.
VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 5.4744 of the outstanding shares. With this there are now 220.0 institutions which have possession in AAOI’s shares.
Key Metrics for AAOI
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Applied Optoelectronics Inc has a debt to equity ratio of 0.50.
