Intersil Corp Stock Rating Upgraded by Zacks (ISIL)
Intersil Corp (NASDAQ:ISIL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday. The firm currently has a $17.10 price target on the stock. Zacks‘s price target would suggest a potential upside of 9.97% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Intersil Corp in a research note on Monday. They now have a $19.00 price target on the stock, up previously from $16.00. Separately, analysts at Needham & Company LLC downgraded shares of Intersil Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, June 18th. Finally, analysts at ISI Group downgraded shares of Intersil Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, June 18th. They now have a $14.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $13.78.
Intersil Corp (NASDAQ:ISIL) traded down 1.48% during mid-day trading on Tuesday, hitting $15.32. 759,693 shares of the company’s stock traded hands. Intersil Corp has a 52-week low of $7.45 and a 52-week high of $15.93. The stock has a 50-day moving average of $14.14 and a 200-day moving average of $12.51. The company has a market cap of $1.973 billion and a price-to-earnings ratio of 191.98.
Intersil Corp (NASDAQ:ISIL) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the 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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