Intersil Corp Receives Consensus Recommendation of “Buy” from Brokerages (NASDAQ:ISIL)
Shares of Intersil Corp (NASDAQ:ISIL) have earned a consensus rating of “Buy” from the twelve analysts that are covering the stock, ARN reports. Five research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $14.50.
Intersil Corp (NASDAQ:ISIL) opened at 14.37 on Friday. Intersil Corp has a 52-week low of $9.98 and a 52-week high of $15.93. The stock has a 50-day moving average of $13.97 and a 200-day moving average of $13.43. The company has a market cap of $1.861 billion and a price-to-earnings ratio of 83.57.
Intersil Corp (NASDAQ:ISIL) last released its earnings data 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. Analysts expect that Intersil Corp will post $0.74 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Tuesday, August 19th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Friday, August 15th.
A number of research firms have recently commented on ISIL. 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.