Applied Optoelectronics (NASDAQ:AAOI) Issues Quarterly Earnings Results

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) posted its earnings results on Wednesday. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.07), Zacks reports. Applied Optoelectronics had a negative return on equity of 22.36% and a negative net margin of 38.61%. The firm had revenue of $100.27 million during the quarter, compared to the consensus estimate of $99.92 million. Applied Optoelectronics updated its Q1 2025 guidance to -0.070-0.000 EPS.

Applied Optoelectronics Trading Down 9.1 %

Shares of Applied Optoelectronics stock traded down $2.18 during trading on Friday, reaching $21.86. 5,811,494 shares of the stock were exchanged, compared to its average volume of 3,600,109. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of -10.61 and a beta of 2.36. Applied Optoelectronics has a 1 year low of $6.70 and a 1 year high of $44.50. The stock's fifty day moving average is $30.33 and its 200 day moving average is $24.13.

Insider Activity at Applied Optoelectronics

In other news, CFO Stefan J. Murry sold 2,298 shares of Applied Optoelectronics stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $35.17, for a total value of $80,820.66. Following the completion of the transaction, the chief financial officer now owns 209,831 shares of the company's stock, valued at $7,379,756.27. The trade was a 1.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William H. Yeh sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $43.08, for a total transaction of $430,800.00. Following the completion of the transaction, the director now owns 223,538 shares in the company, valued at approximately $9,630,017.04. This represents a 4.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 36,298 shares of company stock worth $1,281,201 in the last 90 days. Company insiders own 5.40% of the company's stock.

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Analysts Set New Price Targets

A number of research firms have weighed in on AAOI. B. Riley lowered Applied Optoelectronics from a "neutral" rating to a "sell" rating and set a $14.00 target price for the company. in a report on Tuesday, December 10th. Rosenblatt Securities reiterated a "buy" rating and issued a $44.00 target price on shares of Applied Optoelectronics in a research note on Monday, February 24th. Northland Securities reissued an "outperform" rating and issued a $40.00 price target (up from $25.00) on shares of Applied Optoelectronics in a report on Wednesday, December 18th. StockNews.com raised shares of Applied Optoelectronics to a "sell" rating in a report on Wednesday. Finally, Raymond James lifted their price objective on Applied Optoelectronics to $31.00 and gave the company a "buy" rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $27.60.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.