Intersil Corp. (ISIL) Posts Quarterly Results
Intersil Corp. (NASDAQ:ISIL) issued its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02, StockRatingsNetwork.com reports. The company had revenue of $146.00 million for the quarter, compared to the consensus estimate of $145.33 million.
Intersil Corp. (NASDAQ:ISIL) traded down 0.44% during mid-day trading on Wednesday, hitting $11.36. 856,099 shares of the company’s stock traded hands. Intersil Corp. has a 1-year low of $7.17 and a 1-year high of $12.00. The stock has a 50-day moving average of $11.31 and a 200-day moving average of $10.74. The company’s market cap is $1.450 billion.
Several analysts have recently commented on the stock. Analysts at Evercore Partners downgraded shares of Intersil Corp. from an “equal weight” rating to an “underweight” rating in a research note to investors on Thursday, January 2nd. They now have a $9.00 price target on the stock. On a related note, analysts at Zacks downgraded shares of Intersil Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $12.40 price target on the stock. Finally, analysts at Zacks upgraded shares of Intersil Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, November 4th. They now have a $11.80 price target on the stock. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $11.24.
Intersil Corporation manufactures and markets analog, mixed-signal, and power management integrated circuits (NASDAQ:ISIL).
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