AU Optronics Corp (AUO) Earning Somewhat Positive Press Coverage, Report Finds
News articles about AU Optronics Corp (NYSE:AUO) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AU Optronics Corp earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 46.8514432957863 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of AU Optronics Corp (AUO) traded up $0.04 during trading on Wednesday, reaching $4.14. 783,900 shares of the company’s stock were exchanged, compared to its average volume of 1,712,924. The stock has a market cap of $3,965.19, a P/E ratio of 3.30 and a beta of 0.52. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.36 and a current ratio of 1.57. AU Optronics Corp has a 52 week low of $3.46 and a 52 week high of $4.95.
AU Optronics Corp (NYSE:AUO) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.92 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.63. The company had revenue of $87.40 billion during the quarter, compared to the consensus estimate of $85.19 billion. AU Optronics Corp had a net margin of 10.56% and a return on equity of 18.55%. AU Optronics Corp’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.51 EPS. equities analysts anticipate that AU Optronics Corp will post 1.05 EPS for the current year.
AUO has been the subject of several research reports. Bank of America Corporation downgraded shares of AU Optronics Corp from a “neutral” rating to an “underperform” rating in a research report on Thursday, July 27th. BidaskClub downgraded shares of AU Optronics Corp from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Zacks Investment Research downgraded shares of AU Optronics Corp from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Drexel Hamilton reiterated a “hold” rating on shares of AU Optronics Corp in a research report on Tuesday, August 8th. Finally, Morgan Stanley downgraded shares of AU Optronics Corp from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 15th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. AU Optronics Corp presently has a consensus rating of “Hold”.
About AU Optronics Corp
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.
Receive News & Stock Ratings for AU Optronics Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AU Optronics Corp and related stocks with our FREE daily email newsletter.