Applied Optoelectronics (NASDAQ:AAOI) Posts Earnings Results, Misses Expectations By $0.07 EPS

Applied Optoelectronics (NASDAQ:AAOI) released its earnings results on Wednesday. The semiconductor company reported ($0.09) earnings per share 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 company 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 Stock Performance

Shares of NASDAQ:AAOI traded down $0.09 during midday trading on Thursday, hitting $25.10. The company’s stock had a trading volume of 2,873,154 shares, compared to its average volume of 3,412,907. The stock’s 50 day simple moving average is $30.81 and its 200 day simple moving average is $23.92. Applied Optoelectronics has a fifty-two week low of $6.70 and a fifty-two week high of $44.50. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of -11.71 and a beta of 2.36. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.06 and a current ratio of 1.61.

Analyst Ratings Changes

AAOI has been the topic of several analyst reports. Northland Securities restated an “outperform” rating and issued a $40.00 target price (up from $25.00) on shares of Applied Optoelectronics in a research report on Wednesday, December 18th. B. Riley downgraded shares of Applied Optoelectronics from a “neutral” rating to a “sell” rating and set a $14.00 target price on the stock. in a research note on Tuesday, December 10th. Raymond James upped their target price on Applied Optoelectronics from $17.00 to $39.00 and gave the company an “outperform” rating in a report on Friday, December 20th. Rosenblatt Securities reiterated a “buy” rating and set a $44.00 price objective on shares of Applied Optoelectronics in a report on Monday. Finally, StockNews.com upgraded shares of Applied Optoelectronics to a “sell” rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Applied Optoelectronics presently has a consensus rating of “Hold” and a consensus target price of $29.20.

Insider Buying and Selling at Applied Optoelectronics

In other Applied Optoelectronics news, Director Richard B. Black sold 10,000 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $29.00, for a total value of $290,000.00. Following the transaction, the director now directly owns 157,813 shares in the company, valued at $4,576,577. The trade was a 5.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Stefan J. Murry sold 2,298 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $35.17, for a total value of $80,820.66. Following the sale, the chief financial officer now owns 209,831 shares in the company, valued at approximately $7,379,756.27. This trade represents a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 46,088 shares of company stock valued at $1,672,801 in the last 90 days. 5.40% of the stock is currently owned by insiders.

About Applied Optoelectronics

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.