Intersil Corp. (ISIL) Stock Price Down 1.8%
Intersil Corp. (NASDAQ:ISIL)’s share price 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.
ISIL has been the topic of a number of recent analyst reports. B. Riley reiterated a “buy” rating and issued a $22.00 price objective on shares of Intersil Corp. in a research note on Saturday. Deutsche Bank AG lifted their price objective on 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 lifted their price objective on 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 lowered 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 issued a $13.00 price objective on shares of Intersil Corp. in a research note on Friday, July 29th. Two analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the stock. Intersil Corp. currently has a consensus rating of “Hold” and an average price target of $16.54.
The company has a market cap of $2.48 billion and a P/E ratio of 47.91. The firm’s 50 day moving average price is $15.65 and its 200-day moving average price is $13.72.
Intersil Corp. (NASDAQ:ISIL) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.01. The business had revenue of $134.01 million for the quarter, compared to analyst estimates of $133.44 million. During the same quarter in the prior year, the company earned $0.16 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. On average, analysts predict that Intersil Corp. will post $0.69 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 26th. Stockholders of record on Tuesday, August 16th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, August 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.62%.
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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