Applied Opt

Company Profile

Applied Opt had its IPO on 2013-09-26 under the ticker symbol AAOI.

The company operates in the Technology sector and Semiconductors industry. Applied Opt has a staff strength of 2,213 employees.

Stock update

Shares of Applied Opt opened at $1.86 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $1.8 - $1.98, and closed at $1.93.

This is a +5.46% increase from the previous day's closing price.

A total volume of 288,534 shares were traded at the close of the day’s session.

In the last one week, shares of Applied Opt have slipped by -18.57%.

Applied Opt's Key Ratios

Applied Opt has a market cap of $79.68 million, indicating a price to book ratio of 0.3046 and a price to sales ratio of 0.2804.

In the last 12-months Applied Opt’s revenue was $222.82 million with a gross profit of $33.63 million and an EBITDA of $-35796000. The EBITDA ratio measures Applied Opt's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Applied Opt’s operating margin was -26.48% while its return on assets stood at -8.55% with a return of equity of -30.23%.

In Q4, Applied Opt’s quarterly earnings growth was a positive 0% while revenue growth was a positive 13.2%.

Applied Opt’s PE and PEG Ratio

Forward PE

84.0336

Trailing PE

0

PEG

0.51

Its diluted EPS in the last 12-months stands at $-2.42 per share while it has a forward price to earnings multiple of 84.0336 and a PEG multiple of 0.51. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Applied Opt’s profitability.

Applied Opt stock is trading at a EV to sales ratio of 0.8591 and a EV to EBITDA ratio of -5.9931. Its price to sales ratio in the trailing 12-months stood at 0.2804.

Applied Opt stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$408.26 million

Total Liabilities

$138.58 million

Operating Cash Flow

$0

Capital Expenditure

$909000

Dividend Payout Ratio

0%

Applied Opt ended 2023 with $408.26 million in total assets and $0 in total liabilities. Its intangible assets were valued at $408.26 million while shareholder equity stood at $184.67 million.

Applied Opt ended 2023 with $0 in deferred long-term liabilities, $138.58 million in other current liabilities, in common stock, $-209068000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $24.69 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $79.51 million.

Applied Opt’s total current assets stands at $183.16 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $61.18 million compared to accounts payable of $47.85 million and inventory worth $79.68 million.

In 2023, Applied Opt's operating cash flow was $0 while its capital expenditure stood at $909000.

Comparatively, Applied Opt paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.93

52-Week High

$4

52-Week Low

$1.48

Analyst Target Price

$5.25

Applied Opt stock is currently trading at $1.93 per share. It touched a 52-week high of $4 and a 52-week low of $4. Analysts tracking the stock have a 12-month average target price of $5.25.

Its 50-day moving average was $2.52 and 200-day moving average was $2.33 The short ratio stood at 20.2 indicating a short percent outstanding of 0%.

Around 464.1% of the company’s stock are held by insiders while 3296.7% are held by institutions.