Intersil Corp. (ISIL) Stock Price Down 1.8%
Intersil Corp. (NASDAQ:ISIL) shares traded down 1.8% on Monday . The stock traded as low as $18.75 and last traded at $18.79, with a volume of 1,019,953 shares trading hands. The stock had previously closed at $19.13.
Several research analysts have weighed in on the company. B. Riley reiterated a “buy” rating and issued a $22.00 target price on shares of Intersil Corp. in a research note on Saturday. Deutsche Bank AG lifted their target price on Intersil Corp. from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, August 23rd. Stifel Nicolaus lifted their price target on Intersil Corp. from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, August 22nd. Zacks Investment Research downgraded Intersil Corp. from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Finally, Credit Suisse Group AG restated a “hold” rating and issued a $13.00 price target on shares of Intersil Corp. in a research note on Friday, July 29th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $16.54.
The stock has a 50-day moving average of $15.40 and a 200 day moving average of $13.61. The stock has a market capitalization of $2.53 billion and a PE ratio of 48.82.
Intersil Corp. (NASDAQ:ISIL) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. During the same period in the previous year, the business posted $0.16 earnings per share. The firm had revenue of $134.01 million for the quarter, compared to the consensus estimate of $133.44 million. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. Equities analysts predict that Intersil Corp. will post $0.69 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, August 26th. Shareholders of record on Tuesday, August 16th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date was Friday, August 12th.
Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company provides power management and precision analog technology for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets.
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