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The closing price of Applied Optoelectronics Inc (NASDAQ: AAOI) was $18.51 for the day, down -0.32% from the previous closing price of $18.57. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 1.88 million shares were traded. AAOI stock price reached its highest trading level at $18.75 during the session, while it also had its lowest trading level at $17.8.
Ratios:
Our analysis of AAOI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.43.
On February 23, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $22 to $16.
On January 30, 2024, Rosenblatt started tracking the stock assigning a Buy rating and target price of $23.Rosenblatt initiated its Buy rating on January 30, 2024, with a $23 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 24 ’24 when Kuo David C sold 10,000 shares for $15.02 per share. The transaction valued at 150,150 led to the insider holds 132,921 shares of the business.
Kuo David C bought 10,000 shares of AAOI for $150,150 on Sep 24 ’24. On May 14 ’24, another insider, Yeh William H, who serves as the Director of the company, bought 9,800 shares for $10.54 each. As a result, the insider paid 103,292 and bolstered with 217,055 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 756979392 and an Enterprise Value of 858028416. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 4.146 whereas that against EBITDA is -21.923.
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 $6.66. The 50-Day Moving Average of the stock is 40.58%, while the 200-Day Moving Average is calculated to be 43.54%.
Shares Statistics:
AAOI traded an average of 2.45M shares per day over the past three months and 2823040 shares per day over the past ten days. A total of 38.15M shares are outstanding, with a floating share count of 37.56M. Insiders hold about 8.16% of the company’s shares, while institutions hold 73.79% stake in the company. Shares short for AAOI as of 1727654400 were 11022317 with a Short Ratio of 4.49, compared to 1724976000 on 11139156. Therefore, it implies a Short% of Shares Outstanding of 11022317 and a Short% of Float of 28.27.
Earnings Estimates
Applied Optoelectronics Inc (AAOI) is currently under the scrutiny of 4.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.06, with high estimates of $0.11 and low estimates of $0.03.
Analysts are recommending an EPS of between -$0.66 and -$0.7 for the fiscal current year, implying an average EPS of -$0.67. EPS for the following year is $0.57, with 4.0 analysts recommending between $0.82 and $0.29.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $63.1M to a low estimate of $61.89M. As of the current estimate, Applied Optoelectronics Inc’s year-ago sales were $62.55MFor the next quarter, 4 analysts are estimating revenue of $98.55M. There is a high estimate of $101.9M for the next quarter, whereas the lowest estimate is $95M.
A total of 4 analysts have provided revenue estimates for AAOI’s current fiscal year. The highest revenue estimate was $248.2M, while the lowest revenue estimate was $242M, resulting in an average revenue estimate of $245.11M. In the same quarter a year ago, actual revenue was $217.65MBased on 4 analysts’ estimates, the company’s revenue will be $438.29M in the next fiscal year. The high estimate is $515M and the low estimate is $392.15M.
