Wall Street brokerages expect that Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) will post sales of $119.00 million for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Alpha and Omega Semiconductor’s earnings. Alpha and Omega Semiconductor posted sales of $114.93 million during the same quarter last year, which would suggest a positive year over year growth rate of 3.5%. The business is scheduled to report its next quarterly earnings results on Wednesday, February 5th.

According to Zacks, analysts expect that Alpha and Omega Semiconductor will report full year sales of $481.75 million for the current year, with estimates ranging from $480.80 million to $482.70 million. For the next financial year, analysts expect that the business will report sales of $548.25 million, with estimates ranging from $537.00 million to $559.50 million. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Alpha and Omega Semiconductor.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. Alpha and Omega Semiconductor had a net margin of 0.10% and a return on equity of 3.52%. The company had revenue of $117.80 million for the quarter, compared to analysts’ expectations of $116.97 million. During the same quarter in the previous year, the company earned $0.10 earnings per share. Alpha and Omega Semiconductor’s quarterly revenue was up 2.3% on a year-over-year basis.

A number of brokerages have weighed in on AOSL. BidaskClub cut shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Wednesday, January 1st. ValuEngine cut shares of Alpha and Omega Semiconductor from a “sell” rating to a “strong sell” rating in a report on Wednesday. Finally, Zacks Investment Research cut shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Alpha and Omega Semiconductor has an average rating of “Hold” and a consensus target price of $17.67.

AOSL traded up $0.03 during midday trading on Friday, reaching $14.18. The company’s stock had a trading volume of 59,908 shares, compared to its average volume of 89,750. The firm has a market capitalization of $348.16 million, a price-to-earnings ratio of 20.26 and a beta of 1.07. The company has a current ratio of 1.55, a quick ratio of 0.93 and a debt-to-equity ratio of 0.25. Alpha and Omega Semiconductor has a 1 year low of $8.22 and a 1 year high of $14.50. The stock’s 50-day moving average is $13.17 and its 200-day moving average is $11.98.

In other news, VP Bing Xue sold 8,496 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $13.70, for a total transaction of $116,395.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 21.20% of the company’s stock.

A number of institutional investors have recently modified their holdings of AOSL. Tower Research Capital LLC TRC bought a new position in Alpha and Omega Semiconductor during the third quarter valued at approximately $25,000. Marshall Wace LLP lifted its position in Alpha and Omega Semiconductor by 41.8% during the second quarter. Marshall Wace LLP now owns 11,630 shares of the semiconductor company’s stock valued at $109,000 after purchasing an additional 3,431 shares during the period. United Services Automobile Association lifted its position in Alpha and Omega Semiconductor by 13.7% during the second quarter. United Services Automobile Association now owns 12,237 shares of the semiconductor company’s stock valued at $114,000 after purchasing an additional 1,479 shares during the period. Susquehanna International Group LLP bought a new position in Alpha and Omega Semiconductor during the second quarter valued at approximately $174,000. Finally, Rhumbline Advisers lifted its position in Alpha and Omega Semiconductor by 10.6% during the third quarter. Rhumbline Advisers now owns 30,965 shares of the semiconductor company’s stock valued at $380,000 after purchasing an additional 2,975 shares during the period. Institutional investors own 59.55% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

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