Supertex (SUPX) to Release Quarterly Earnings on Tuesday
Supertex (NASDAQ:SUPX) will announce its Q214 earnings results on Tuesday, October 22nd. Analysts expect the company to announce earnings of $0.18 per share and revenue of $17.17 million for the quarter.
Supertex (NASDAQ:SUPX) last released its earnings data on Tuesday, July 23rd. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.27 by $0.03. The company had revenue of $16.20 million for the quarter, compared to the consensus estimate of $15.90 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up .9% on a year-over-year basis. On average, analysts expect Supertex to post $0.74 EPS for the current fiscal year and $0.80 EPS for the next fiscal year.
Supertex (NASDAQ:SUPX) traded up 1.59% during mid-day trading on Monday, hitting $24.675. The stock had a trading volume of 26,338 shares. Supertex has a 1-year low of $15.74 and a 1-year high of $27.20. The stock’s 50-day moving average is $24.45 and its 200-day moving average is $23.41. The company has a market cap of $285.3 million and a price-to-earnings ratio of 43.30.
A number of research firms have recently commented on SUPX. Analysts at Zacks downgraded shares of Supertex from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, September 27th. They now have a $29.10 price target on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Supertex from $27.00 to $28.00 in a research note to investors on Thursday, July 25th. They now have a “buy” rating on the stock.
Supertex, Inc (NASDAQ:SUPX) is a producer of high voltage analog and mixed signal semiconductor components.
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