AU Optronics (NYSE:AUO) has been given a consensus recommendation of “Hold” by the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company.
Several research firms recently weighed in on AUO. Zacks Investment Research downgraded AU Optronics from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. CLSA upgraded AU Optronics from an “underperform” rating to an “outperform” rating in a research report on Wednesday, January 24th. Credit Suisse Group downgraded AU Optronics from a “neutral” rating to an “underperform” rating in a research report on Tuesday, January 30th. Finally, Morgan Stanley upgraded AU Optronics from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, January 23rd.
AUO opened at $4.48 on Friday. The company has a current ratio of 1.63, a quick ratio of 1.41 and a debt-to-equity ratio of 0.48. The firm has a market cap of $4,253.92, a P/E ratio of 3.98 and a beta of 0.82. AU Optronics has a 52 week low of $3.62 and a 52 week high of $5.35.
AU Optronics (NYSE:AUO) last posted its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The business had revenue of $80.66 billion for the quarter, compared to analyst estimates of $80.65 billion. AU Optronics had a return on equity of 15.28% and a net margin of 9.47%. The business’s revenue for the quarter was down 12.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 earnings per share. equities analysts predict that AU Optronics will post 0.09 earnings per share for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the company. Gotham Asset Management LLC raised its holdings in shares of AU Optronics by 266.2% in the 4th quarter. Gotham Asset Management LLC now owns 140,046 shares of the semiconductor company’s stock worth $583,000 after purchasing an additional 101,799 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of AU Optronics by 15.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 116,566 shares of the semiconductor company’s stock worth $485,000 after purchasing an additional 15,445 shares during the period. Guggenheim Capital LLC raised its holdings in shares of AU Optronics by 55.8% in the 4th quarter. Guggenheim Capital LLC now owns 299,694 shares of the semiconductor company’s stock worth $1,247,000 after purchasing an additional 107,370 shares during the period. Renaissance Technologies LLC raised its holdings in shares of AU Optronics by 3.5% in the 4th quarter. Renaissance Technologies LLC now owns 10,543,384 shares of the semiconductor company’s stock worth $43,860,000 after purchasing an additional 356,600 shares during the period. Finally, Mackenzie Financial Corp purchased a new position in shares of AU Optronics in the 4th quarter worth about $347,000. Institutional investors own 6.24% of the company’s stock.
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About AU Optronics
AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays and other flat panel displays. The company operates through two segments, Display and Solar. The Display segment designs, develops, manufactures, assembles, and markets flat panel displays for use in televisions, TV sets, and other related products; desktop monitors; mobile PCs, such as notebooks and tablets; mobile phones; and commercial and other applications, including displays for automobiles, industrial PCs, automated teller machines, point of sale terminals, pachinko machines, and others.
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