Alpha Earnings Estimate
| AOSL Stock | USD 20.02 0.64 3.10% |
Alpha |
Alpha Earnings Estimation Breakdown
The calculation of Alpha's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Alpha is estimated to be -0.14 with the future projection ranging from a low of -0.14 to a high of -0.14. Please be aware that this consensus of annual earnings estimates for Alpha and Omega is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-0.14 Lowest | Expected EPS | -0.14 Highest |
Alpha Earnings Projection Consensus
Suppose the current estimates of Alpha's value are higher than the current market price of the Alpha stock. In this case, investors may conclude that Alpha is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Alpha's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2024 | Current EPS (TTM) | |
| 4 | 74.12% | 0.24 | -0.14 | -0.63 |
Alpha Earnings per Share Projection vs Actual
Actual Earning per Share of Alpha refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Alpha and Omega predict the company's earnings will be in the future. The higher the earnings per share of Alpha, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Alpha Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Alpha, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Alpha should always be considered in relation to other companies to make a more educated investment decision.Alpha Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Alpha's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-06 | 2023-12-31 | 0.15 | 0.24 | 0.09 | 60 | ||
2023-11-06 | 2023-09-30 | 0.32 | 0.33 | 0.01 | 3 | ||
2023-08-09 | 2023-06-30 | 0.02 | 0.19 | 0.17 | 850 | ||
2023-05-04 | 2023-03-31 | -0.19 | -0.21 | -0.02 | 10 | ||
2023-02-06 | 2022-12-31 | 0.88 | 0.67 | -0.21 | 23 | ||
2022-11-03 | 2022-09-30 | 1.21 | 1.2 | -0.01 | 0 | ||
2022-08-10 | 2022-06-30 | 0.86 | 0.95 | 0.09 | 10 | ||
2022-05-05 | 2022-03-31 | 1.18 | 1.34 | 0.16 | 13 | ||
2022-02-07 | 2021-12-31 | 1.04 | 1.2 | 0.16 | 15 | ||
2021-11-04 | 2021-09-30 | 0.95 | 1.06 | 0.11 | 11 | ||
2021-08-11 | 2021-06-30 | 0.75 | 0.95 | 0.2 | 26 | ||
2021-05-05 | 2021-03-31 | 0.55 | 0.77 | 0.22 | 40 | ||
2021-02-04 | 2020-12-31 | 0.54 | 0.65 | 0.11 | 20 | ||
2020-11-05 | 2020-09-30 | 0.51 | 0.55 | 0.04 | 7 | ||
2020-08-11 | 2020-06-30 | 0.18 | 0.29 | 0.11 | 61 | ||
2020-05-05 | 2020-03-31 | 0.04 | 0.11 | 0.07 | 175 | ||
2020-02-05 | 2019-12-31 | 0.23 | 0.23 | 0.0 | 0 | ||
2019-11-04 | 2019-09-30 | 0.25 | 0.26 | 0.01 | 4 | ||
2019-08-07 | 2019-06-30 | 0.19 | 0.35 | 0.16 | 84 | ||
2019-05-02 | 2019-03-31 | 0.23 | 0.22 | -0.01 | 4 | ||
2019-02-06 | 2018-12-31 | 0.29 | 0.3 | 0.01 | 3 | ||
2018-11-01 | 2018-09-30 | 0.33 | 0.36 | 0.03 | 9 | ||
2018-08-08 | 2018-06-30 | 0.2 | 0.31 | 0.11 | 55 | ||
2018-05-02 | 2018-03-31 | 0.18 | 0.23 | 0.05 | 27 | ||
2018-02-07 | 2017-12-31 | 0.25 | 0.32 | 0.07 | 28 | ||
2017-11-02 | 2017-09-30 | 0.28 | 0.27 | -0.01 | 3 | ||
2017-08-09 | 2017-06-30 | 0.23 | 0.25 | 0.02 | 8 | ||
2017-05-03 | 2017-03-31 | 0.1 | 0.21 | 0.11 | 110 | ||
2017-02-08 | 2016-12-31 | 0.13 | 0.18 | 0.05 | 38 | ||
2016-11-03 | 2016-09-30 | 0.13 | 0.19 | 0.06 | 46 | ||
2016-08-10 | 2016-06-30 | 0.05 | 0.14 | 0.09 | 180 | ||
2016-05-04 | 2016-03-31 | -0.05 | 0.14 | 0.19 | 380 | ||
2016-02-03 | 2015-12-31 | -0.12 | -0.07 | 0.05 | 41 | ||
2015-11-05 | 2015-09-30 | -0.11 | -0.05 | 0.06 | 54 | ||
2015-08-11 | 2015-06-30 | -0.07 | -0.07 | 0.0 | 0 | ||
2015-05-05 | 2015-03-31 | -0.1 | -0.12 | -0.02 | 20 | ||
2015-02-03 | 2014-12-31 | -0.01 | -0.16 | -0.15 | 1500 | ||
2014-11-06 | 2014-09-30 | 0.07 | 0.06 | -0.01 | 14 | ||
2014-08-12 | 2014-06-30 | -0.02 | 0.03 | 0.05 | 250 | ||
2014-05-06 | 2014-03-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2014-02-05 | 2013-12-31 | -0.03 | 0.01 | 0.04 | 133 | ||
2013-10-30 | 2013-09-30 | 0.02 | 0.06 | 0.04 | 200 | ||
2013-08-13 | 2013-06-30 | -0.16 | -0.11 | 0.05 | 31 | ||
2013-04-29 | 2013-03-31 | -0.08 | -0.07 | 0.01 | 12 | ||
2013-01-30 | 2012-12-31 | 0.23 | 0.18 | -0.05 | 21 | ||
2012-10-30 | 2012-09-30 | 0.29 | 0.36 | 0.07 | 24 | ||
2012-08-14 | 2012-06-30 | 0.19 | 0.32 | 0.13 | 68 | ||
2012-01-25 | 2011-12-31 | 0.02 | 0.06 | 0.04 | 200 | ||
2011-11-02 | 2011-09-30 | 0.11 | 0.08 | -0.03 | 27 | ||
2011-08-10 | 2011-06-30 | 0.39 | 0.4 | 0.01 | 2 | ||
2011-04-26 | 2011-03-31 | 0.33 | 0.39 | 0.06 | 18 | ||
2011-02-02 | 2010-12-31 | 0.27 | 0.41 | 0.14 | 51 | ||
2010-10-28 | 2010-09-30 | 0.35 | 0.38 | 0.03 | 8 | ||
2010-08-10 | 2010-06-30 | 0.36 | 0.37 | 0.01 | 2 |
About Alpha Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Alpha earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Alpha estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Alpha fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 738.6 M | 775.6 M | |
| Retained Earnings Total Equity | 738.6 M | 775.6 M | |
| Earnings Yield | 0.01 | 0.01 | |
| Price Earnings Ratio | 65.78 | 69.07 | |
| Price Earnings To Growth Ratio | (0.68) | (0.64) |
Pair Trading with Alpha
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alpha position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alpha will appreciate offsetting losses from the drop in the long position's value.Moving together with Alpha Stock
| 0.61 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.72 | KLIC | Kulicke and Soffa Financial Report 1st of May 2024 | PairCorr |
Moving against Alpha Stock
| 0.8 | SMCI | Super Micro Computer Financial Report 7th of May 2024 | PairCorr |
| 0.76 | LRCX | Lam Research Corp Earnings Call This Week | PairCorr |
| 0.76 | NVMI | Nova Financial Report 9th of May 2024 | PairCorr |
| 0.74 | NNDM | Nano Dimension | PairCorr |
| 0.73 | NYAX | Nayax Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Alpha could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha and Omega to buy it.
The correlation of Alpha is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha and Omega moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alpha can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha and Omega. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Alpha Stock analysis
When running Alpha's price analysis, check to measure Alpha's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alpha is operating at the current time. Most of Alpha's value examination focuses on studying past and present price action to predict the probability of Alpha's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha's price. Additionally, you may evaluate how the addition of Alpha to your portfolios can decrease your overall portfolio volatility.
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Is Alpha's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (0.63) | Revenue Per Share 23.076 | Quarterly Revenue Growth 0.449 | Return On Assets (0) |
The market value of Alpha and Omega is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha's value that differs from its market value or its book value, called intrinsic value, which is Alpha's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha's market value can be influenced by many factors that don't directly affect Alpha's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.