Headlines about AU Optronics Corp (NYSE:AUO) have been trending somewhat positive this week, according to Alpha One. The research group, a unit of Accern, identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AU Optronics Corp earned a news impact score of 0.23 on Alpha One’s scale. Alpha One also gave headlines about the semiconductor company an impact score of 49 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Alpha One Sentiment’s rankings:
- AU Optronics Corp (AUO) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
- AU Optronics Corp (AUO) Sees Significant Growth in Short Interest (americanbankingnews.com)
- Contrasting AU Optronics Corp (AUO) & LG Display Co. (LPL) (americanbankingnews.com)
- AU Optronics Corp (AUO) Upgraded by BidaskClub to Hold (americanbankingnews.com)
- AU Optronics Corp (AUO) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
AUO has been the subject of a number of analyst reports. Zacks Investment Research raised AU Optronics Corp from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research report on Thursday. CLSA assumed coverage on AU Optronics Corp in a research report on Friday, May 19th. They set a “buy” rating for the company. TheStreet raised AU Optronics Corp from a “d+” rating to a “c+” rating in a research report on Thursday, March 2nd. BidaskClub raised AU Optronics Corp from a “sell” rating to a “hold” rating in a research report on Friday, June 9th. Finally, Sanford C. Bernstein cut AU Optronics Corp from a “market perform” rating to an “underperform” rating in a research report on Friday, March 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $4.25.
AU Optronics Corp (NYSE AUO) traded up 0.50% during midday trading on Friday, hitting $4.05. The stock had a trading volume of 1,779,344 shares. AU Optronics Corp has a 1-year low of $2.80 and a 1-year high of $4.42. The company’s 50 day moving average is $3.91 and its 200 day moving average is $3.89. The company has a market cap of $3.90 billion, a price-to-earnings ratio of 4.76 and a beta of 0.53.
AU Optronics Corp (NYSE:AUO) last released its quarterly earnings results on Thursday, April 27th. The semiconductor company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by $0.49. AU Optronics Corp had a net margin of 6.63% and a return on equity of 11.96%. The business had revenue of $88.56 billion during the quarter, compared to analyst estimates of $88.56 billion. During the same quarter in the previous year, the firm posted ($0.57) earnings per share. The firm’s quarterly revenue was up 24.5% on a year-over-year basis. On average, equities analysts anticipate that AU Optronics Corp will post $1.06 earnings per share for the current fiscal year.
AU Optronics Corp Company Profile
AU Optronics Corp. is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.
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