Applied Optoelectronics (NASDAQ:AAOI) Announces Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Applied Optoelectronics (NASDAQ:AAOI) issued its quarterly earnings results on Wednesday. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $100.27 million during the quarter, compared to analysts’ expectations of $99.92 million. Applied Optoelectronics updated its Q1 2025 guidance to -0.070-0.000 EPS.

Applied Optoelectronics Trading Down 4.6 %

Shares of AAOI opened at $24.04 on Friday. The stock has a market capitalization of $1.13 billion, a PE ratio of -11.67 and a beta of 2.36. The company’s fifty day moving average is $30.65 and its 200 day moving average is $23.92. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.06 and a current ratio of 1.61. Applied Optoelectronics has a fifty-two week low of $6.70 and a fifty-two week high of $44.50.

Analysts Set New Price Targets

Several research firms recently issued reports on AAOI. Northland Securities reiterated an “outperform” rating and set a $40.00 target price (up previously from $25.00) on shares of Applied Optoelectronics in a research report on Wednesday, December 18th. Rosenblatt Securities reiterated a “buy” rating and set a $44.00 price objective on shares of Applied Optoelectronics in a research report on Monday. StockNews.com raised shares of Applied Optoelectronics to a “sell” rating in a report on Wednesday. B. Riley cut shares of Applied Optoelectronics from a “neutral” rating to a “sell” rating and set a $14.00 target price for the company. in a research note on Tuesday, December 10th. Finally, Raymond James increased their price objective on shares of Applied Optoelectronics from $17.00 to $39.00 and gave the company an “outperform” rating in a report on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Applied Optoelectronics has a consensus rating of “Hold” and an average price target 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 company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $35.27, for a total transaction of $352,700.00. Following the sale, the director now directly owns 167,813 shares in the company, valued at $5,918,764.51. This represents a 5.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Stefan J. Murry sold 4,000 shares of Applied Optoelectronics stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $31.72, for a total value of $126,880.00. Following the completion of the transaction, the chief financial officer now owns 212,129 shares of the company’s stock, valued at approximately $6,728,731.88. This trade represents a 1.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,298 shares of company stock worth $1,281,201 over the last 90 days. 5.40% of the stock is 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.