Applied Optoelectronics Inc (AAOI) EPS Estimated At $1.20

October 14, 2017 - By Dolores Ford

 Applied Optoelectronics Inc (AAOI) EPS Estimated At $1.20
Investors sentiment increased to 2.21 in Q2 2017. Its up 0.23, from 1.98 in 2017Q1. It improved, as 25 investors sold Applied Optoelectronics Inc shares while 37 reduced holdings. 83 funds opened positions while 54 raised stakes. 15.44 million shares or 5.38% more from 14.65 million shares in 2017Q1 were reported.
Neuberger Berman Grp Llc has 0% invested in Applied Optoelectronics Inc (NASDAQ:AAOI). Zurcher Kantonalbank (Zurich Cantonalbank) has 936 shares. Manufacturers Life Insur The holds 0% in Applied Optoelectronics Inc (NASDAQ:AAOI) or 14,671 shares. Bankshares Of America Corp De reported 73,688 shares. Lmr Partners Ltd Liability Partnership reported 32,553 shares. Nicholas Inv Partners Ltd Partnership stated it has 34,751 shares or 0.15% of all its holdings. 4,357 are owned by Mason Street Ltd Limited Liability Company. Lsv Asset Mngmt invested in 82,200 shares. Legal General Gp Inc Public Ltd Company stated it has 32,193 shares or 0% of all its holdings. Barclays Public Limited Co, a United Kingdom-based fund reported 95,870 shares. Schwab Charles accumulated 37,700 shares. Emerald Mutual Fund Advisers Trust owns 0.47% invested in Applied Optoelectronics Inc (NASDAQ:AAOI) for 172,818 shares. Teachers Retirement System Of The State Of Kentucky stated it has 6,200 shares or 0% of all its holdings. Thrivent Finance For Lutherans holds 0% or 10,720 shares. Envestnet Asset Mngmt invested in 379 shares or 0% of the stock.

Since May 8, 2017, it had 0 insider purchases, and 13 selling transactions for $7.88 million activity. 1,000 shares valued at $71,730 were sold by BLACK RICHARD B on Thursday, June 8. On Monday, May 22 the insider Kuo David C sold $35,490. The insider Yeh Shu-Hua (Joshua) sold 10,000 shares worth $660,092. 7,500 shares were sold by Lin Chewei, worth $480,000. 10,000 shares were sold by Chang Hung-Lun (Fred), worth $601,086 on Thursday, June 15. Another trade for 30,000 shares valued at $2.16 million was sold by Yeh William H.

Wall Street await Applied Optoelectronics Inc (NASDAQ:AAOI) to release earnings on November, 2. Analysts forecast earnings per share of $1.20, up exactly $0.85 or 242.86 % from 2014’s $0.35 EPS. The expected AAOI’s profit could reach $23.16M giving the stock 9.79 P/E in the case that $1.20 earnings per share is reported. After posting $1.43 EPS for the previous quarter, Applied Optoelectronics Inc’s analysts now forecast -16.08 % negative EPS growth. The stock decreased 20.11% or $11.83 during the last trading session, reaching $47.01. About 8.69M shares traded or 260.58% up from the average. Applied Optoelectronics Inc (NASDAQ:AAOI) has risen 622.05% since October 14, 2016 and is uptrending. It has outperformed by 605.35% the S&P500.

Applied Optoelectronics Inc (NASDAQ:AAOI) Ratings Coverage

Among 9 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 7 have Buy rating, 2 Sell and 0 Hold. Therefore 78% are positive. Applied Optoelectronics had 28 analyst reports since August 6, 2015 according to SRatingsIntel. Needham maintained the shares of AAOI in report on Friday, August 4 with “Buy” rating. The rating was maintained by DA Davidson with “Buy” on Friday, July 14. Craig Hallum maintained Applied Optoelectronics Inc (NASDAQ:AAOI) rating on Friday, July 14. Craig Hallum has “Buy” rating and $9500 target. Cowen & Co maintained the shares of AAOI in report on Thursday, July 13 with “Buy” rating. As per Thursday, February 25, the company rating was maintained by Cowen & Co. The company was maintained on Friday, July 14 by Roth Capital. As per Friday, August 4, the company rating was maintained by DA Davidson. The stock of Applied Optoelectronics Inc (NASDAQ:AAOI) has “Buy” rating given on Tuesday, September 5 by Needham. The firm earned “Buy” rating on Friday, August 4 by Raymond James. Needham maintained the stock with “Buy” rating in Monday, July 24 report.

Applied Optoelectronics, Inc. is a vertically integrated well-known provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television , fiber-to-the-home (FTTH) and telecommunications (telecom). The company has market cap of $907.44 million. The Firm creates and makes a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment. It has a 11.17 P/E ratio. To Internet data center operators, it supplies optical transceivers that plug into switches and servers within the data center and allow these network devices to send and receive data over fiber optic cables.

More notable recent Applied Optoelectronics Inc (NASDAQ:AAOI) news were published by: Seekingalpha.com which released: “Applied Optoelectronics releases downbeat preliminary Q3 results (updated)” on October 12, 2017, also Fool.com with their article: “2 Risks Investors Might Be Ignoring About Applied Optoelectronics” published on September 21, 2017, Benzinga.com published: “Mid-Afternoon Market Update: Applied Optoelectronics Drops On Q3 Warning …” on October 13, 2017. More interesting news about Applied Optoelectronics Inc (NASDAQ:AAOI) were released by: Seekingalpha.com and their article: “Applied Optoelectronics: Just A Bump In The Road” published on October 13, 2017 as well as Nasdaq.com‘s news article titled: “Options Traders Expect Huge Moves in Applied Optoelectronics, Inc. (AAOI) Stock” with publication date: October 04, 2017.

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