13 May, 2017
A number of large investors have recently added to or reduced their stakes in the stock. Emerald Mutual Fund Advisers Trust boosted its position in Applied Optoelectronics by 5.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 401,283 shares of the semiconductor company's stock worth $8,912,000 after buying an additional 19,160 shares during the period. However the price at the close of last session was 2.38% higher than its 50-day moving average and 2.46% over its 200-day moving average. 361 Capital LLC bought a new stake in Applied Optoelectronics during the first quarter worth $208,000. Other than it takes a remarkable amount of expertise and knowledge to be investing in these companies and being successful.
In recent trading day Digital Turbine, Inc. AAOI shares are now trading at $54.62, up $7.81 or 16.69%.
Beta is also an important valuation ratio for analyzing the stock of the company, AAOI has Beta of 2.76 while its industry and Sector's beta remains at 0.61 and 1.45 respectively.
Shares of Applied Optoelectronics (NASDAQ:AAOI) opened at 47.30 on Wednesday. At present, the company's stock price per share has shifted about 31.7% percent since the last time it turned in a report card, when it was printing orders around $37.47/share. This represents an increase of approximately 540% compared to the typical volume of 276 put options. Four analysts have made estimates for Applied Optoelectronics' earnings. The analysts estimated EPS for the higher end at 1.03 and lower end at 0.83 while the year ago reported earnings per share was 0.36. In this case, shares are down -16.71% from $60.19, the 52-week high touched on March 27, 2017, and are keeping their losses at 347.59% for the past 12 months. The company earned $96.20 million during the quarter, compared to analysts' expectations of $96.20 million. Annual EPS Growth of past 5 years is 43.90%. Last year, it had about $50.42 million of revenue. Zacks Investment Research's sales calculations are an average based on a survey of analysts that follow Applied Optoelectronics.
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Shares of Applied Optoelectronics Inc closed the previous trading session at 46.81 up +0.34 0.73% with 2,833,533 shares trading hands.
Several research firms have weighed in on AAOI. Cowen and Company reaffirmed an "outperform" rating and set a $94.00 price objective (up previously from $75.00) on shares of Applied Optoelectronics in a research report on Friday. So when we include the growth factor in our analysis Applied Optoelectronics appears a very good value based on the fundamenals. Buy rating has been given by 14 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 9 analysts given HOLD rating. The stock has an average rating of "Buy" and an average target price of $40.80. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Following the completion of the sale, the director now directly owns 42,242 shares of the company's stock, valued at approximately $1,890,751.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. For AAOI, the company now has $51.96 Million of cash on the books, which is offset by $8.17 Million current liabilities.