The price of Applied Optoelectronics Inc (NASDAQ: AAOI) closed at $11.16 in the last session, down -0.62% from day before closing price of $11.23. On the day, 1301625 shares were traded.
Ratios:
We take a closer look at AAOI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.38.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 1.98.
Stock Price History:
Over the past 52 weeks, AAOI has reached a high of $24.75, while it has fallen to a 52-week low of $1.60.
Shares Statistics:
A total of 38.15M shares are outstanding, with a floating share count of 35.57M. Insiders hold about 7.36% of the company’s shares, while institutions hold 64.02% stake in the company.
Earnings Estimates
The company has Applied Optoelectronics, Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $87.14, with high estimates of $11.28 and low estimates of $1.90.
Analysts are recommending an EPS of between $Financial Services and $Healthcare for the fiscal current year, implying an average EPS of $Industrials.
