Analysts Set $9.37 Price Target for O2Micro International Limited (OIIM)
Shares of O2Micro International Limited (NASDAQ:OIIM) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price objective of $9.37 for the company and are expecting that the company will post ($0.09) EPS for the current quarter, according to Zacks. Zacks has also assigned O2Micro International an industry rank of 159 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine lowered O2Micro International from a “hold” rating to a “sell” rating in a report on Monday, October 22nd.
NASDAQ OIIM opened at $1.59 on Friday. O2Micro International has a 52 week low of $1.30 and a 52 week high of $2.40. The firm has a market cap of $42.38 million, a PE ratio of 17.67 and a beta of 0.82.
O2Micro International (NASDAQ:OIIM) last posted its quarterly earnings results on Wednesday, January 30th. The electronics maker reported ($0.06) EPS for the quarter, hitting the consensus estimate of ($0.06). O2Micro International had a return on equity of 2.91% and a net margin of 3.33%. The business had revenue of $16.59 million for the quarter, compared to analyst estimates of $16.80 million. As a group, research analysts expect that O2Micro International will post -0.25 earnings per share for the current year.
O2Micro International Company Profile
O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, Japan, Taiwan, Korea, Singapore, and internationally. The company provides analog and mixed-signal integrated circuits that manage and provide LCD and LED lighting; control and monitor battery charging and discharging in portable electronic devices and vehicles; perform DC/DC and AC/DC conversion; and provide select and switch functionality between power sources.
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