Reviewing Individual Broker Targets Of Cypress Semiconductor Corporation (NASDAQ:CY)
- Author: Todd Kelly Mar 11, 2017,
Mar 11, 2017, 0:37
The stock showed weekly downbeat performance of -1.04%, which was maintained for the month at 3.50%. According to a research note disclosed on Oct 18, 2016, analysts at Barclays have lowered their rating on these shares from Overweight to Equal Weight. The company's shares were closed at $13.62. In the last quarter, Lattice Semiconductor Corporation reported Annual Earnings of $0.07. Sii Investments Inc. WI now owns 37,252 shares of the company's stock valued at $396,000 after buying an additional 162 shares during the last quarter. BlackRock Fund Advisors now owns 12,561,806 shares of the company's stock valued at $152,752,000 after buying an additional 799,554 shares in the last quarter. Capstone Asset Management Co. now owns 21,801 shares of the company's stock valued at $265,000 after buying an additional 860 shares during the last quarter. The stock has an average rating of Buy and a consensus target price of $12.71. Similar statistics are true for the second largest owner, Nwq Investment Management Company, Llc, which owns 10,016,443 shares of the stock are valued at $68.41 million.
On Tuesday, Shares of Cypress Semiconductor Corporation (NASDAQ:CY) lost -0.52% to $13.36. The share price has moved forward from its 20 days moving average 2.63% and positively from its 50 days moving average 8.98%.
05/06/2015 - Lattice Semiconductor Corporation was downgraded to "hold" by analysts at Zacks.
As for earnings, the Street is expecting that the firm will post earnings of $0.05 per share for the current quarter. Cypress Semiconductor Corporation had a negative net margin of 37.50% and a positive return on equity of 3.21%. The firm had revenue of $530.17 million for the quarter, compared to analysts' expectations of $525.63 million. During the same quarter in the previous year, the company posted $0.03 EPS. All of these Earnings estimates are a consensus recommendation of 19 Analysts.
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 19th. Shareholders of record on Thursday, March 30th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, December 27th. This represents a $0.44 dividend on an annualized basis and a yield of 3.30%.
10/23/2015 - Cypress Semiconductor Corporation had its "neutral" rating reiterated by analysts at JP Morgan.
Cypress Semiconductor Corporation had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch.
Cypress Semiconductor Corporation (NASDAQ:CY) traded at a yearly high level of $13.80 during the last trading session. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Needham & Company LLC reaffirmed a buy rating and set a $14.00 price target on shares of Cypress Semiconductor in a research note on Wednesday, December 7th. Lattice Semiconductor Corporation has a Price to Earnings ratio of 683 for the trailing twelve month period.
In the transaction dated August 31, 2015, the great number of shares disposed came courtesy the VP Corp, General Counsel; Milstead Byron Wayne disposed a total of 1,427 shares at an average price of $4.21, amounting to approximately $6,008. (CY) ("Cypress" or "the Company"), and the Company's leading individual stockholder, filed a preliminary consent information statement (the "CypressFirst Consent Information Statement") with the Securities and Exchange Commission ("SEC") related to the solicitation of consents for the approval of an amendment to the Company's charter to eliminate cumulative voting in the election of directors (the "Consent Solicitation").
Cypress Semiconductor Corporation has a 50 day moving average of 12.62 and a 200 day moving average of 11.58. The stock was sold at an average price of $11.54, for a total value of $165,725.94. Following the completion of the transaction, the executive vice president now owns 484,287 shares in the company, valued at approximately $5,811,444. The disclosure for this sale can be found here.