Intersil Corp. (ISIL) Sets New 12-Month High at $20.31
Intersil Corp. (NASDAQ:ISIL)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $20.31 and last traded at $19.97, with a volume of 1,604,341 shares traded. The stock had previously closed at $20.20.
A number of research firms recently issued reports on ISIL. B. Riley reiterated a “buy” rating and set a $17.50 price objective on shares of Intersil Corp. in a research report on Friday, July 29th. MKM Partners started coverage on shares of Intersil Corp. in a research report on Friday, June 24th. They issued a “neutral” rating and a $15.50 price target for the company. Zacks Investment Research cut shares of Intersil Corp. from a “buy” rating to a “hold” rating in a research report on Friday, July 29th. Drexel Hamilton restated a “buy” rating and issued a $17.00 price target (up from $16.00) on shares of Intersil Corp. in a research report on Wednesday, June 15th. Finally, Citigroup upped their price target on shares of Intersil Corp. from $11.50 to $13.50 and gave the company a “sell” rating in a research report 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. Intersil Corp. presently has an average rating of “Hold” and an average price target of $16.54.
The company has a market cap of $2.71 billion and a price-to-earnings ratio of 52.264. The stock has a 50-day moving average of $16.18 and a 200 day moving average of $13.89.
Intersil Corp. (NASDAQ:ISIL) last announced its earnings results on Thursday, July 28th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The company had revenue of $134.01 million for the quarter, compared to the consensus estimate of $133.44 million. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, equities research analysts predict that Intersil Corp. will post $0.69 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, August 26th. Shareholders of record on Tuesday, August 16th were given a dividend of $0.12 per share. The ex-dividend date was Friday, August 12th. This represents a $0.48 annualized dividend and a yield of 2.38%.
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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