Intersil Corp. (ISIL) Reaches New 12-Month High at $20.16
Shares of Intersil Corp. (NASDAQ:ISIL) hit a new 52-week high during trading on Wednesday . The company 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.
ISIL has been the topic of a number of analyst reports. Deutsche Bank AG boosted their price target on Intersil Corp. from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, August 23rd. Stifel Nicolaus upped their price objective on Intersil Corp. from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, August 22nd. Zacks Investment Research raised Intersil Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, June 7th. TheStreet raised Intersil Corp. from a “hold” rating to a “buy” rating in a research report on Friday, June 24th. Finally, Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of Intersil Corp. in a research report on Wednesday, June 15th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company’s stock. Intersil Corp. currently has an average rating of “Hold” and a consensus target price of $16.54.
The company has a market capitalization of $2.74 billion and a PE ratio of 53.01. The company has a 50 day moving average of $15.84 and a 200-day moving average of $13.77.
Intersil Corp. (NASDAQ:ISIL) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.01. The business had revenue of $134.01 million for the quarter, compared to analysts’ expectations of $133.44 million. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 earnings per share. Equities research analysts anticipate 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 issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.37%. 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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