Headlines about Pixelworks (NASDAQ:PXLW) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pixelworks earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 47.4019097305409 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several brokerages have recently weighed in on PXLW. Dougherty & Co lifted their price target on Pixelworks from $6.50 to $7.50 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Zacks Investment Research cut Pixelworks from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th.
Pixelworks (PXLW) opened at $5.35 on Tuesday. Pixelworks has a 52-week low of $2.44 and a 52-week high of $6.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.98 and a quick ratio of 1.72. The firm has a market capitalization of $195.58, a price-to-earnings ratio of 31.72, a PEG ratio of 3.17 and a beta of 0.60.
Pixelworks (NASDAQ:PXLW) last posted its earnings results on Tuesday, November 7th. The semiconductor company reported $0.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.05. Pixelworks had a positive return on equity of 20.65% and a negative net margin of 0.36%. The business had revenue of $18.76 million during the quarter, compared to analysts’ expectations of $18.53 million. During the same period in the previous year, the business earned ($0.02) earnings per share. The firm’s revenue was up 37.3% on a year-over-year basis. analysts anticipate that Pixelworks will post 0.09 EPS for the current year.
In other Pixelworks news, CFO Steven L. Moore sold 74,999 shares of Pixelworks stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $5.88, for a total transaction of $440,994.12. Following the completion of the sale, the chief financial officer now owns 496,570 shares of the company’s stock, valued at $2,919,831.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 4.50% of the stock is owned by insiders.
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Pixelworks, Inc designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices.
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