AMS provides advanced sensor and analog solutions for high value and emerging markets. Co.'s markets include Consumer and Communications and Industrial, Medical, Automotive. Co. delivers a broad range of innovative technology solutions for consumer electronics and communication device manufacturers including intelligent light sensors, MEMS microphone ICs, NFC solutions, active noise-cancelling ICs and ultra-low power management solutions. Co. offers customized, application-specific integrated circuits and standard solutions for a broad range of industrial applications including automation and control, position sensors, building automation, security and high-resolution seismic analysis.
  • TickerAMS
  • ISINAT0000A18XM4
  • ExchangeSix Swiss Exchange
  • SectorTechnology Hardware & Equipment
  • CountryAustria

Analysts

Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 08/12/2019

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Stephane Houri

AMS AG : ams back on the offensive regarding OSRAM, the proposal is serious but not devoid of risk – how are OSRAM Carlyle and Bain likely to react?

>ams submits a proposal to OSRAM, for a takeover bid at a price of € 38.5 per share, 10% higher than that of Bain and Carlyle - Yesterday ams announced a bid for OSRAM at a price of € 38.5 per share. This offer follows on a few weeks after ams’ initial offer (although the latter was not materialised), which was subsequently withdrawn. At the time of the Q2 2019 results publication, the group indicated that it would reconsider making an offer. Note that the private-equ...

Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 12/08/2019

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Stephane Houri

AMS AG : ams revient à la charge sur OSRAM, la proposition est sérieuse mais pas dénuée de risques – Que vont faire OSRAM, Carlyle et Bain ?

>ams matérialise son offre sur OSRAM, toujours à 38,5 €, 10% au-dessus de celle de Bain et Carlyle - Hier, ams a annoncé faire une offre sur OSRAM à 38,5 € par action. Cette offre vient quelques semaines après la 1ere offre du groupe (sans qu’elle soit matérialisée), avant de la retirer. Lors de la publication des résultats T2 19, le groupe avait indiqué qu’il allait reconsidérer le fait de faire une offre. Rappelons que les fonds Bain et Carlyle ont déjà fait une off...

Seth Sherwood

Morningstar | Osram Talk Takes Shine Off AMS’ Strong Results; Maintaining CHF 50 FVE

AMS announced financial results that exceeded our expectations, with the top line modestly surpassing our forecast and profitability well above our model and the firm’s guidance. Management’s guidance for the upcoming quarter suggests strong product launches and factory utilization after several quarters of operational improvements and strong design activity. However, despite this rosy operational picture, the firm’s strategy is in question as a result of the continued discussion around purchasing German lighting company Osram. Management said on the call that they had been approached with pot...

Stephane Houri

AMS AG : ams back on the offensive regarding OSRAM, the proposal is serious but not devoid of risk – how are OSRAM Carlyle and Bain likely to react?

>ams submits a proposal to OSRAM, for a takeover bid at a price of € 38.5 per share, 10% higher than that of Bain and Carlyle - Yesterday ams announced a bid for OSRAM at a price of € 38.5 per share. This offer follows on a few weeks after ams’ initial offer (although the latter was not materialised), which was subsequently withdrawn. At the time of the Q2 2019 results publication, the group indicated that it would reconsider making an offer. Note that the private-equ...

Stephane Houri

AMS AG : ams revient à la charge sur OSRAM, la proposition est sérieuse mais pas dénuée de risques – Que vont faire OSRAM, Carlyle et Bain ?

>ams matérialise son offre sur OSRAM, toujours à 38,5 €, 10% au-dessus de celle de Bain et Carlyle - Hier, ams a annoncé faire une offre sur OSRAM à 38,5 € par action. Cette offre vient quelques semaines après la 1ere offre du groupe (sans qu’elle soit matérialisée), avant de la retirer. Lors de la publication des résultats T2 19, le groupe avait indiqué qu’il allait reconsidérer le fait de faire une offre. Rappelons que les fonds Bain et Carlyle ont déjà fait une off...

Seth Sherwood

Morningstar | Osram Talk Takes Shine Off AMS’ Strong Results; Maintaining CHF 50 FVE

AMS announced financial results that exceeded our expectations, with the top line modestly surpassing our forecast and profitability well above our model and the firm’s guidance. Management’s guidance for the upcoming quarter suggests strong product launches and factory utilization after several quarters of operational improvements and strong design activity. However, despite this rosy operational picture, the firm’s strategy is in question as a result of the continued discussion around purchasing German lighting company Osram. Management said on the call that they had been approached with pot...

Seth Sherwood

Osram Talk Takes Shine Off AMS’ Strong Results; Maintaining CHF 50 FVE

AMS announced financial results that exceeded our expectations, with the top line modestly surpassing our forecast and profitability well above our model and the firm’s guidance. Management’s guidance for the upcoming quarter suggests strong product launches and factory utilization after several quarters of operational improvements and strong design activity. However, despite this rosy operational picture, the firm’s strategy is in question as a result of the continued discussion around purchasi...

Stephane Houri

AMS AG : ams confirms talks with OSRAM, then says it ended them…

>ams made an offer for OSRAM at € 38.5 per share, then announced overnight that it was ending the talks - OSRAM Licht AG announced yesterday evening that it had been approached by ams to discuss a non-binding offer of € 38.50 per share to acquire the company. OSRAM added that ams said that it could fund its offer thanks to a € 4.2bn bridging loan. OSRAM had announced in early July that it supports the € 35 per share offer presented by Bain Capital and Carlyle, i.e. € ...

Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 08/12/2019

...

Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 12/08/2019

...

Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 07/16/2019

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Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 16/07/2019

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Bruno Cavalier ...
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Laurence Hofmann
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon
  • Veysel Taze
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/01/2019

The trade truce is a powerful (albeit transitory) positive event for the markets. If we assume that the risk premium retraces an estimated 50% of its increase since the beginning of May, then the indices should record an increase of around 3%. But watch out, gravity will regain its natural ascendency. Overall growth continues to slow and so does EPS growth. Issues relating to the cycle will resurface and, paradoxically, the appeasing of trade tensions could remove from the Fed an argu...

AMS AG sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of AMS AG (CH), active in the Semiconductors industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date May 24, 2019, the closing price was CHF 35.88 and its target price was estimated at CHF 23.45.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Not too bullish, not too bearish Despite several indexes recently touching new 52+ week highs, broad global indexes (MSCI ACWI, ACWI ex-US, EAFE, and EM) remain near logical resistance, and indicators continue to send mixed signals. As a result we are hesitant to get too bullish or bearish. Instead we want to focus on Sector/Group/industry themes where we bottoming price and RS, or attractive pullback opportunities within established price and RS uptrends. Below we highlight some of these themes along with indicators that support our overall constructive -- yet tempered -- outlook. • Positiv...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Stick with leadership: U.S., EM, and Hong Kong Amid the continued heightened volatility and consolidation, global support levels continue to hold and our long-term bullish outlook remains intact. Stick with outperforming markets: U.S., EM, and Hong Kong. • MSCI ACWI internals remain healthy. The MCSI ACWI price and advance-decline (A-D) line uptrends remain intact. This positive breadth signal helps support our bullish outlook... see below • Hong Kong and EM remain leadership, maintain overweights; Within EAFE, favor small-caps. EM relative strength is advancing to yet another new high vs. ...

Shelley Moen

Vermilion Int'l Compass: Global Equity Strategy

Weekly summary of Vermilion's global technical equity strategy calls, including sector weightings, from both a top down and bottoms up perspective. For a trial to Vermilion Research visit our website at www.vermilioncap.com or contact our sales team at (952) 922-7500.

Vermilion Int'l Compass: Global Equity Strategy

Weekly summary of Vermilion's global technical equity strategy calls, including sector weightings, from both a top down and bottoms up perspective. For a trial to Vermilion Research visit our website at www.vermilioncap.com or contact our sales team at (952) 922-7500.

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