Goldman Sachs Group upgraded shares of AAC TECHNOLOGIE/ADR (OTCMKTS:AACAY) from a sell rating to a neutral rating in a report released on Monday, The Fly reports.

Several other analysts have also commented on the company. Jefferies Financial Group raised AAC TECHNOLOGIE/ADR from a hold rating to a buy rating in a report on Monday. ValuEngine raised AAC TECHNOLOGIE/ADR from a sell rating to a hold rating in a report on Tuesday, April 9th. Finally, Zacks Investment Research lowered AAC TECHNOLOGIE/ADR from a hold rating to a sell rating in a report on Monday, March 25th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $6.25.

Shares of AACAY opened at $5.22 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.44 and a quick ratio of 1.04. AAC TECHNOLOGIE/ADR has a one year low of $4.68 and a one year high of $16.84. The firm has a market capitalization of $6.38 billion, a P/E ratio of 11.59 and a beta of 0.83.

AAC TECHNOLOGIE/ADR (OTCMKTS:AACAY) last issued its quarterly earnings data on Friday, March 22nd. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.03). AAC TECHNOLOGIE/ADR had a return on equity of 30.58% and a net margin of 20.94%. The firm had revenue of $699.53 million during the quarter, compared to the consensus estimate of $897.21 million. Equities research analysts predict that AAC TECHNOLOGIE/ADR will post 0.37 EPS for the current fiscal year.


AAC Technologies Holdings Inc, an investment holding company, provides miniaturized technology components to the consumer electronics industry worldwide. The company operates through Dynamic Components, electromagnetic drives and precision components, Micro Electro-Mechanical System Components, and Other Products segments.

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