Share on StockTwits

Intersil Corp (NASDAQ:ISIL) has received a consensus recommendation of “Buy” from the twelve analysts that are currently covering the company, American Banking and Market News reports. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.50.

Intersil Corp (NASDAQ:ISIL) opened at 14.045 on Friday. Intersil Corp has a 52 week low of $9.98 and a 52 week high of $15.93. The stock’s 50-day moving average is $13.99 and its 200-day moving average is $13.34. The company has a market cap of $1.819 billion and a price-to-earnings ratio of 82.13. Intersil Corp also was the recipient of some unusual options trading on Wednesday. Traders bought 9,874 call options on the company. This represents an increase of 1,331% compared to the average daily volume of 690 call options.

Intersil Corp (NASDAQ:ISIL) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.01. The company had revenue of $147.76 million for the quarter, compared to the consensus estimate of $146.90 million. During the same quarter last year, the company posted $0.14 earnings per share. Intersil Corp’s revenue was up 2.0% compared to the same quarter last year. On average, analysts predict that Intersil Corp will post $0.74 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Tuesday, August 19th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Friday, August 15th.

A number of analysts have recently weighed in on ISIL shares. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Intersil Corp in a research note on Thursday, July 31st. They now have a $15.00 price target on the stock, up previously from $14.00. Separately, analysts at Deutsche Bank raised their price target on shares of Intersil Corp from $14.00 to $16.00 in a research note on Thursday, July 31st. They now have a “buy” rating on the stock. Finally, analysts at Craig Hallum downgraded shares of Intersil Corp from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. They now have a $14.00 price target on the stock.

Intersil Corporation manufactures and markets analog, mixed-signal, and power management integrated circuits (NASDAQ:ISIL).

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.