Applied Optoelectronics Inc (NASDAQ: AAOI) has reported a loss for its first fiscal quarter (ending March 31) of $-0.60 versus a loss $-0.56 for the same period a year ago. This result fell short of the consensus estimate of $0.14 by $-0.74. For the latest four quarters through March 31, E.P.S. were $-1.82 compared to $-2.35 a year ago.
Recent Price Action
On 5/9/24, Applied Optoelectronics Inc (NASDAQ: AAOI) stock declined by -2.7%, closing at $10.54. Moreover, unusually high trading volume at 165% of normal accompanied the decline. The stock has risen 6.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
AAOI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be an important Value Builder.
Applied Optoelectronics has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Optoelectronics has a poor Appreciation Score of 21 but a good Power Rating of 75, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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