Poor future performance Ahead on AU Optronics Corp. (AUO)

Poor future performance Ahead on AU Optronics Corp. (AUO)

Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable.

AU Optronics Corp (NYSE:AUO)'s stock had its "hold" rating restated by research analysts at Drexel Hamilton in a report issued on Tuesday. However the company reported $-0.02 earnings per share for the same quarter during previous year.

Let's have a look at some of the important valuation ratios of the AU Optronics Corp (AUO). In the last earnings report the EPS was $1.19 and is estimated to be $1.13 for the current year with 962,400,000 shares now outstanding.

Trend Direction of AU Optronics Corp. The stock's quarterly performance set out a shift of 0.53% and picked out performance of -11.19% over last twelve months. 3,100,856 stocks of the shares transacted hands. Finally, Sensato Investors LLC boosted its stake in shares of AU Optronics Corp by 15.5% in the first quarter. This will reduce the number of "whipsaws", which is good, but will also generate signals later than when using shorter term averages. "The rating was downgraded by Fubon Bank on Thursday, July 30 to ". The value of the investment in AUO increased from $2,277,000 to $2,680,000 a change of 17.7% for the reporting period.

Several analysts recently commented on AUO shares. The company now has a market value of $3.65B. On average, equities analysts expect that AU Optronics Corp will post $1.13 EPS for the current fiscal year. Zacks Investment Research cut AU Optronics Corp from a "hold" rating to a "sell" rating in a report on Friday, July 28th.

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As of quarter end State Street Corp had acquired a total of 41,210 shares growing its holdings by 4.8%.

Au Optronics Corp (NYSE:AUO) 52-week high price stands at $4.95 and low price stands at $3.44, its price distance from 52-week high is -24.65% while its distance from 52-week low price is 8.43%. State Street Corp controls 906,972 shares worth $3,464,000.

Trading volume for AU Optronics Corp American Depo was 3,083K by the end of trading on Friday. Causeway Capital Management LLC now owns 177,100 shares of the semiconductor company's stock valued at $677,000 after buying an additional 25,200 shares during the period.

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. Five brokerage firms recommended the company shares with a sell recommendation, four have published a hold recommendation and 1 have issued a buy recommendation to the firms shares. The business had revenue of $84.41 billion during the quarter, compared to analysts' expectations of $87.09 billion. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States & global copyright & trademark legislation. Goldman Sachs Group Inc now owns 213,460 shares worth $815,000. The correct version of this piece can be read at

AU Optronics a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The stock has an average rating of "Hold" and an average target price of $4.38. The Firm operates in two business divisions: display business and solar business. Comerica Bank raised its position in AU Optronics Corp by 12.9% in the fourth quarter. Through Display business segment, the Company designs, develops, makes, assembles and markets flat panel displays and most of its products are TFT-LCD panels.