Analytical Overview: Applied Optoelectronics Inc (AAOI)’s Ratios Tell a Financial Story

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As of close of business last night, Applied Optoelectronics Inc’s stock clocked out at $10.00, down -2.15% from its previous closing price of $10.22. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 2.26 million shares were traded. AAOI stock price reached its highest trading level at $10.95 during the session, while it also had its lowest trading level at $9.8.

Ratios:

To gain a deeper understanding of AAOI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.41.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on February 23, 2024, Downgraded its rating to Neutral and sets its target price to $16 from $22 previously.

On January 30, 2024, Rosenblatt started tracking the stock assigning a Buy rating and target price of $23.

B. Riley Securities reiterated its Buy rating for the stock on December 13, 2023, while the target price for the stock was revised from $13.50 to $22.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 18 ’24 when Lin Che-Wei bought 31,370 shares for $12.70 per share. The transaction valued at 398,283 led to the insider holds 220,133 shares of the business.

Lin Chih-Hsiang (Thompson) bought 11,780 shares of AAOI for $149,169 on Mar 18 ’24. The President and CEO now owns 1,218,160 shares after completing the transaction at $12.66 per share. On Mar 18 ’24, another insider, Yeh William H, who serves as the Director of the company, bought 8,000 shares for $12.75 each. As a result, the insider paid 102,000 and bolstered with 207,255 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AAOI now has a Market Capitalization of 387295008 and an Enterprise Value of 480422816. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 2.207 whereas that against EBITDA is -22.963.

Stock Price History:

The Beta on a monthly basis for AAOI is 2.02, which has changed by 4.780347 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, AAOI has reached a high of $24.75, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is -20.81%, while the 200-Day Moving Average is calculated to be -26.62%.

Shares Statistics:

It appears that AAOI traded 2.68M shares on average per day over the past three months and 2642550 shares per day over the past ten days. A total of 38.15M shares are outstanding, with a floating share count of 35.74M. Insiders hold about 7.72% of the company’s shares, while institutions hold 71.47% stake in the company. Shares short for AAOI as of 1713139200 were 9210139 with a Short Ratio of 3.30, compared to 1710460800 on 8856656. Therefore, it implies a Short% of Shares Outstanding of 9210139 and a Short% of Float of 25.010001999999997.

Earnings Estimates

The current rating of Applied Optoelectronics Inc (AAOI) reflects the combined expertise of 4.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of -$0.29 for the current quarter, with a high estimate of -$0.24 and a low estimate of -$0.32, while EPS last year was -$0.25. The consensus estimate for the next quarter is -$0.29, with high estimates of -$0.24 and low estimates of -$0.32.

Analysts are recommending an EPS of between -$0.08 and -$0.98 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is $0.78, with 3.0 analysts recommending between $1.08 and $0.31.

Revenue Estimates

In the current quarter, 4 analysts expect revenue to total $40.67M. It ranges from a high estimate of $43.98M to a low estimate of $43M. As of the current estimate, Applied Optoelectronics Inc’s year-ago sales were $53.03MFor the next quarter, 4 analysts are estimating revenue of $44.14M. There is a high estimate of $45.6M for the next quarter, whereas the lowest estimate is $42.77M.

A total of 4 analysts have provided revenue estimates for AAOI’s current fiscal year. The highest revenue estimate was $308.5M, while the lowest revenue estimate was $211.83M, resulting in an average revenue estimate of $272.21M. In the same quarter a year ago, actual revenue was $217.65MBased on 3 analysts’ estimates, the company’s revenue will be $447.78M in the next fiscal year. The high estimate is $512.2M and the low estimate is $376.75M.

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