News coverage about Pixelworks (NASDAQ:PXLW) has been trending somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pixelworks earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 47.516949348374 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
PXLW has been the topic of a number of recent analyst reports. Zacks Investment Research cut Pixelworks from a “hold” rating to a “sell” rating in a report on Wednesday, March 7th. TheStreet cut Pixelworks from a “c-” rating to a “d” rating in a report on Thursday, May 3rd. Finally, Lake Street Capital set a $7.00 price target on Pixelworks and gave the company a “buy” rating in a report on Wednesday, May 30th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $7.19.
Shares of PXLW stock traded up $0.01 during trading hours on Friday, hitting $3.61. The stock had a trading volume of 252,700 shares, compared to its average volume of 359,766. Pixelworks has a one year low of $3.50 and a one year high of $7.05. The company has a current ratio of 1.96, a quick ratio of 1.80 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $131.65 million, a price-to-earnings ratio of 36.10 and a beta of 0.73.
Pixelworks (NASDAQ:PXLW) last issued its earnings results on Wednesday, May 2nd. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.02). Pixelworks had a negative return on equity of 0.65% and a negative net margin of 10.37%. The firm had revenue of $15.29 million during the quarter, compared to the consensus estimate of $15.00 million. During the same period last year, the firm posted $0.12 earnings per share. research analysts predict that Pixelworks will post -0.1 EPS for the current fiscal year.
Pixelworks Company Profile
Pixelworks, Inc designs, develops, and markets video processing semiconductors, intellectual property cores, software, and custom application specific integrated circuits (ICs) solutions for video applications. Its products enable customers to deliver the energy efficient video quality on their devices.
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