CLSA assumed coverage on stocks of AU Optronics in a study report published on Fri, May 19th. Causeway Capital Management LLC boosted its stake in shares of AU Optronics Corp by 16.6% in the first quarter. Russell Investments Group Ltd. acquired a new stake in AU Optronics Corp during the fourth quarter worth about $473,000. The stock has 275.99 shares outstanding while 38.20% shares of the company were owned by institutional investors. Finally, Morgan Stanley increased its position in shares of AU Optronics Corp by 690.1% in the first quarter.
For the Current Quarter, the growth estimate for AU Optronics Corp.is 1750%, while for the Next Quarter the stock growth estimate is 81.2%. State Street Corp controls 906,972 shares with a value of $3,464,000. Acadian Asset Management LLC increased its position in shares of AU Optronics Corp by 1.7% in the second quarter. The shares have moved -2.28% on the week. (NYSE:AUO) declared the collapsed of -2.10% and finalized at $3.73 with the total traded volume of 2.77 Million shares. Based on an average daily volume of 2,459,111 shares, the short-interest ratio is presently 14.8 days.
It is now trading at $3.73 impressively lower than the 50 day moving average of $4.13 and much lower than the 200 day moving average of $3.99. The company's beta value is at 0.52.
In recent trade, AU Optronics Corp.
AU Optronics Corp (AUO) now has P/E (Price to Earnings) ratio of 4.99 while the company's industry has 16.15 P/E and the sector P/E is 2002.76. For the current year the company's revenue estimates are $11.04 Billion compared to low analyst estimates of $11.01 Billion and high estimates of $11.08 Billion according to 2 number of analysts.
Additionally on 10/28/16 Nomura "Downgrades" Au Optronics Corp (NYSE:AUO) to Neutral and on 9/09/16 Bernstein "Downgrades" the stock to Market Perform. AU Optronics Corp. (AUO) belongs to Semiconductor - Broad Line Industry. Analysts expect next quarter's EPS to be $0.29 with next year's EPS anticipated to be $0.40. The semiconductor business posted $0.34 EPS (EPS) for the period, missing analysts' average forecasts of $0.36 by $0.02. the company reported sales of $84.41 B for the period, compared with brokerage expectations of $87.09 B. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and global trademark & copyright legislation. The correct version of this piece can be accessed at https://www.baseball-news-blog.com/2017/08/10/drexel-hamilton-reiterates-hold-rating-for-au-optronics-corp-auo.html. UBS AG cut shares of AU Optronics Corp from a buy rating to a neutral rating in a research report on Thursday, July 6th. Finally, Credit Suisse Group restated a "neutral" rating on shares of AU Optronics Corp in a report on Wednesday, July 12th. The rating was upgraded by Bank of America to "Buy" on Tuesday, July 19. The rating was maintained by Drexel Hamilton with "Hold" on Thursday, July 27.
AU Optronics Corp., launched on August 12, 1996, is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Firm operates in two business divisions: display business and solar business. Through Display business segment, the Company designs, develops, makes, assembles and markets flat panel displays and most of its products are TFT-LCD panels.
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