ams-OSRAM (OTCMKTS:AMSSY) Issues Quarterly Earnings Results, Misses Expectations By $0.26 EPS

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26), Zacks reports. ams-OSRAM had a negative net margin of 6.18% and a positive return on equity of 0.79%.

ams-OSRAM Stock Up 3.9%

Shares of ams-OSRAM stock traded up $0.41 during midday trading on Tuesday, hitting $10.81. The company’s stock had a trading volume of 8,220 shares, compared to its average volume of 6,068. ams-OSRAM has a 1-year low of $4.19 and a 1-year high of $15.10. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The firm has a market capitalization of $2.16 billion, a P/E ratio of -9.08 and a beta of 1.75. The stock has a 50-day simple moving average of $11.32 and a 200-day simple moving average of $8.28.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AMSSY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ams-OSRAM has a consensus rating of “Hold”.

Read Our Latest Analysis on ams-OSRAM

About ams-OSRAM

(Get Free Report)

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.

Further Reading

Earnings History for ams-OSRAM (OTCMKTS:AMSSY)

Receive News & Ratings for ams-OSRAM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ams-OSRAM and related companies with MarketBeat.com's FREE daily email newsletter.