Intersil Corp. Hits New 1-Year High at $15.13 (ISIL)
Intersil Corp. (NASDAQ:ISIL) shares hit a new 52-week high during mid-day trading on Monday , Analyst Ratings Net reports. The stock traded as high as $15.13 and last traded at $15.10, with a volume of 674,743 shares changing hands. The stock had previously closed at $14.93.
A number of analysts have recently weighed in on ISIL shares. Analysts at Evercore Partners initiated coverage on shares of Intersil Corp. in a research note on Wednesday, May 14th. They set an “overweight” rating and a $16.00 price target on the stock. Separately, analysts at Citigroup Inc. upgraded shares of Intersil Corp. from a “sell” rating to a “neutral” rating in a research note on Friday, May 9th. They now have a $14.00 price target on the stock, up previously from $10.00. Finally, analysts at Credit Suisse raised their price target on shares of Intersil Corp. from $11.50 to $12.50 in a research note on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $12.99.
The stock’s 50-day moving average is $13.22 and its 200-day moving average is $12.09. The company has a market cap of $1.934 billion and a P/E ratio of 184.32.
Intersil Corp. (NASDAQ:ISIL) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.03. The company had revenue of $140.10 million for the quarter, compared to the consensus estimate of $136.70 million. Analysts expect that Intersil Corp. will post $0.73 EPS for the current fiscal year.
Intersil Corporation manufactures and markets analog, mixed-signal, and power management integrated circuits (NASDAQ:ISIL).
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