Intersil Corp Receives Consensus Rating of “Buy” from Analysts (NASDAQ:ISIL)
Shares of Intersil Corp (NASDAQ:ISIL) have earned a consensus rating of “Buy” from the fifteen ratings firms that are currently covering the stock, Stock Ratings Network reports. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $13.78.
Shares of Intersil Corp (NASDAQ:ISIL) traded down 0.54% on Monday, hitting $14.6901. The stock had a trading volume of 64,861 shares. Intersil Corp has a 52-week low of $8.33 and a 52-week high of $15.93. The stock has a 50-day moving average of $14.8 and a 200-day moving average of $12.87. The company has a market cap of $1.892 billion and a price-to-earnings ratio of 182.35.
Intersil Corp (NASDAQ:ISIL) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ 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. On average, analysts predict that Intersil Corp will post $0.73 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on ISIL shares. Analysts at Zacks upgraded shares of Intersil Corp from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 24th. They now have a $17.10 price target on the stock. Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Intersil Corp in a research note on Monday, June 23rd. They now have a $19.00 price target on the stock, up previously from $16.00. Finally, 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.
Intersil Corporation manufactures and markets analog, mixed-signal, and power management integrated circuits (NASDAQ:ISIL).
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