Comparing Applied Optoelectronics (AAOI) & Its Peers
Applied Optoelectronics (NASDAQ: AAOI) is one of 67 publicly-traded companies in the “Communications & Networking” industry, but how does it weigh in compared to its competitors? We will compare Applied Optoelectronics to similar companies based on the strength of its dividends, analyst recommendations, valuation, earnings, profitability, institutional ownership and risk.
Insider and Institutional Ownership
81.6% of Applied Optoelectronics shares are owned by institutional investors. Comparatively, 64.0% of shares of all “Communications & Networking” companies are owned by institutional investors. 8.2% of Applied Optoelectronics shares are owned by company insiders. Comparatively, 12.5% of shares of all “Communications & Networking” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Risk & Volatility
Applied Optoelectronics has a beta of 3.06, meaning that its stock price is 206% more volatile than the S&P 500. Comparatively, Applied Optoelectronics’ competitors have a beta of 1.17, meaning that their average stock price is 17% more volatile than the S&P 500.
This is a summary of recent ratings for Applied Optoelectronics and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Applied Optoelectronics Competitors||481||2712||4083||195||2.53|
Applied Optoelectronics currently has a consensus target price of $81.50, indicating a potential upside of 32.03%. As a group, “Communications & Networking” companies have a potential upside of 22.13%. Given Applied Optoelectronics’ higher probable upside, research analysts plainly believe Applied Optoelectronics is more favorable than its competitors.
This table compares Applied Optoelectronics and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Applied Optoelectronics Competitors||-1.71%||-6.54%||0.52%|
Earnings & Valuation
This table compares Applied Optoelectronics and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Applied Optoelectronics||$368.63 million||$98.06 million||14.80|
|Applied Optoelectronics Competitors||$2.41 billion||$618.33 million||26.76|
Applied Optoelectronics’ competitors have higher revenue and earnings than Applied Optoelectronics. Applied Optoelectronics is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Applied Optoelectronics beats its competitors on 8 of the 13 factors compared.
Applied Optoelectronics Company Profile
Applied Optoelectronics, Inc. is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). The Company designs and manufactures a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment. To Internet-based data center operators, it supplies optical transceivers that plug into switches and servers within the data center and allow these network devices to send and receive data over fiber optic cables. The Company supplies a range of products, including lasers, transmitters and transceivers, and turnkey equipment, to the CATV market. The Company designs, manufactures and integrates its own analog and digital lasers using a combination of Metal Organic Chemical Vapor Deposition (MOCVD) and its Molecular Beam Epitaxy (MBE) fabrication process.
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