Intersil Corp. (NASDAQ:ISIL) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $20.16 and last traded at $20.03, with a volume of 3,486,708 shares traded. The stock had previously closed at $18.34.

Several equities research analysts have issued reports on the stock. B. Riley reiterated a “buy” rating and set a $22.00 price objective on shares of Intersil Corp. in a research note on Saturday. Deutsche Bank AG boosted their price objective on shares of Intersil Corp. from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, August 23rd. Stifel Nicolaus boosted their price objective on shares of Intersil Corp. from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, August 22nd. Zacks Investment Research downgraded shares of Intersil Corp. from a “buy” rating to a “hold” rating in a research note on Friday, July 29th. Finally, Credit Suisse Group AG reiterated a “hold” rating and set a $13.00 price objective 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 issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $16.54.

The company’s 50-day moving average price is $15.65 and its 200-day moving average price is $13.73. The company has a market cap of $2.71 billion and a PE ratio of 52.401.

Intersil Corp. (NASDAQ:ISIL) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $134.01 million for the quarter, compared to the consensus estimate of $133.44 million. During the same period in the previous year, the business posted $0.16 EPS. Intersil Corp.’s revenue was up 1.2% compared to the same quarter last year. Analysts predict that Intersil Corp. will post $0.69 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 26th. Investors of record on Tuesday, August 16th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.62%. 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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