Recent Research Analysts’ Ratings Changes for Microsemi (MSCC)

A number of research firms have changed their ratings and price targets for Microsemi (NASDAQ: MSCC):

  • 1/26/2018 – Microsemi had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $71.00 price target on the stock.
  • 1/26/2018 – Microsemi had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $66.00 price target on the stock.
  • 1/26/2018 – Microsemi had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $68.00 price target on the stock.
  • 1/26/2018 – Microsemi had its price target raised by analysts at Stifel Nicolaus from $67.00 to $68.00. They now have a “buy” rating on the stock.
  • 1/26/2018 – Microsemi had its price target raised by analysts at Mizuho from $62.00 to $70.00. They now have a “buy” rating on the stock.
  • 1/26/2018 – Microsemi had its price target raised by analysts at KeyCorp to $70.00. They now have an “overweight” rating on the stock.
  • 1/25/2018 – Microsemi had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $70.00 price target on the stock, up previously from $61.00.
  • 1/24/2018 – Microsemi had its price target raised by analysts at Susquehanna Bancshares Inc to $70.00. They now have a “positive” rating on the stock.
  • 1/9/2018 – Microsemi was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 12/18/2017 – Microsemi is now covered by analysts at Piper Jaffray Companies. They set an “overweight” rating and a $60.00 price target on the stock.

Shares of Microsemi Co. (NASDAQ:MSCC) opened at $57.63 on Monday. Microsemi Co. has a one year low of $46.08 and a one year high of $65.65. The company has a quick ratio of 1.55, a current ratio of 2.36 and a debt-to-equity ratio of 0.89. The firm has a market cap of $6,773.38, a P/E ratio of 33.12, a PEG ratio of 1.23 and a beta of 1.33.

Microsemi (NASDAQ:MSCC) last posted its quarterly earnings results on Thursday, January 25th. The semiconductor company reported $1.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.01. The company had revenue of $468.70 million for the quarter, compared to the consensus estimate of $460.17 million. Microsemi had a net margin of 11.10% and a return on equity of 21.50%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company posted $0.86 EPS. sell-side analysts anticipate that Microsemi Co. will post 3.51 earnings per share for the current year.

In related news, VP Frederick C. Goerner sold 3,968 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $51.51, for a total value of $204,391.68. Following the completion of the transaction, the vice president now owns 57,794 shares in the company, valued at approximately $2,976,968.94. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Paul H. Pickle sold 6,586 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $53.09, for a total transaction of $349,650.74. Following the completion of the transaction, the chief operating officer now owns 25,616 shares of the company’s stock, valued at approximately $1,359,953.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,554 shares of company stock valued at $605,162. 0.50% of the stock is owned by company insiders.

Microsemi Corporation is a designer, manufacturer and marketer of analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. The Company offers a portfolio of semiconductor and system solutions for aerospace and defense, communications, data center and industrial markets.

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