Applied Optoelectronics (AAOI) Stock Price, News & Analysis

Company Overview

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. The company sells its products to internet data center operators, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.

Key Stats

• Today's Range: $35.17 to $38.94
• 50-Day Range: $13.19 to $37.99
• 52-Week Range: $6.70 to $38.94
• Volume: 4.93 million shs
• Average Volume: 2.64 million shs
• Market Capitalization: $1.71 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $18.70
• Consensus Rating: Moderate Buy

Applied Optoelectronics Stock Analysis - MarketRank™

Applied Optoelectronics scored higher than 22% of companies evaluated by MarketBeat, and ranked 567th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Applied Optoelectronics has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Applied Optoelectronics has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Applied Optoelectronics are expected to grow in the coming year, from ($1.18) to $0.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Applied Optoelectronics is -18.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Applied Optoelectronics is -18.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Applied Optoelectronics has a P/B Ratio of 8.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

23.98% of the outstanding shares of Applied Optoelectronics have been sold short.

Short Interest Ratio / Days to Cover

Applied Optoelectronics has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Applied Optoelectronics has recently decreased by 1.01%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Applied Optoelectronics does not currently pay a dividend.

Dividend Growth

Applied Optoelectronics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

23.98% of the outstanding shares of Applied Optoelectronics have been sold short.

Short Interest Ratio / Days to Cover

Applied Optoelectronics has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Applied Optoelectronics has recently decreased by 1.01%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.22

News Sentiment

Applied Optoelectronics has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Applied Optoelectronics this week, compared to 5 articles on an average week.

Search Interest

Only 14 people have searched for AAOI on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

MarketBeat Follows

3 people have added Applied Optoelectronics to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Applied Optoelectronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,687,174.00 in company stock.

Percentage Held by Insiders

Only 5.40% of the stock of Applied Optoelectronics is held by insiders.

Percentage Held by Institutions

61.72% of the stock of Applied Optoelectronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AAOI Stock Analysis - Frequently Asked Questions

How have AAOI shares performed this year?

Applied Optoelectronics' stock was trading at $19.32 at the beginning of 2024. Since then, AAOI shares have increased by 96.6% and is now trading at $37.99.
View the best growth stocks for 2024 here.

How were Applied Optoelectronics' earnings last quarter?

Applied Optoelectronics, Inc. (NASDAQ:AAOI) issued its earnings results on Tuesday, August, 6th. The semiconductor company reported ($0.28) earnings per share for the quarter, topping analysts' consensus estimates of ($0.29) by $0.01. Applied Optoelectronics's quarterly revenue was up 4.0% on a year-over-year basis.

Does Applied Optoelectronics have any subsidiaries?

Applied Optoelectronics subsidiaries include these companies: Global Technology Inc., Global Technology, and Prime World International Holdings Ltd..

Who are Applied Optoelectronics' major shareholders?

Applied Optoelectronics' top institutional investors include Royce & Associates LP (3.90%), Westfield Capital Management Co. LP (3.25%), Whale Rock Capital Management LLC (2.50%) and Geode Capital Management LLC (2.02%). Insiders that own company stock include Chih-Hsiang (Thompson) Lin, Shu-Hua (Joshua) Yeh, Che-Wei Lin, Stefan J Murry, Hung-Lun (Fred) Chang, William H Yeh, Elizabeth G Loboa and David C Kuo.
View institutional ownership trends.

How do I buy shares of Applied Optoelectronics?

Shares of AAOI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Applied Optoelectronics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Applied Optoelectronics investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:AAOI
• CUSIP: N/A
• CIK: 1158114
• Web: www.ao-inc.com
• Phone: (281) 295-1800
• Fax: N/A
• Employees: 2,149
• Year Founded: 1997

Price Target and Rating

• Average Stock Price Target: $18.70
• High Stock Price Target: $27.50
• Low Stock Price Target: $9.00
• Potential Upside/Downside: -50.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-56,050,000.00
• Net Margins: -38.61%
• Pretax Margin: -38.61%
• Return on Equity: -22.36%
• Return on Assets: -12.08%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 1.61
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $217.65 million
• Price / Sales: 7.87
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.70 per share
• Price / Book: 8.08

Miscellaneous

• Outstanding Shares: 45,080,000
• Free Float: 42,644,000
• Market Cap: $1.71 billion
• Optionable: Optionable
• Beta: 1.96