IXYS Corporation (NASDAQ:IXYS) Earning Somewhat Favorable Media Coverage, Study Shows
News headlines about IXYS Corporation (NASDAQ:IXYS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IXYS Corporation earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the semiconductor producer an impact score of 46.8635897709759 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, BidaskClub downgraded shares of IXYS Corporation from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th.
Shares of IXYS Corporation (IXYS) traded up 0.96% on Friday, hitting $15.80. 188,669 shares of the stock traded hands. The stock has a market cap of $515.13 million, a price-to-earnings ratio of 21.35 and a beta of 0.78. The stock has a 50-day moving average price of $16.59 and a 200 day moving average price of $14.63. IXYS Corporation has a 12-month low of $10.06 and a 12-month high of $17.80.
IXYS Corporation (NASDAQ:IXYS) last released its quarterly earnings results on Friday, June 2nd. The semiconductor producer reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.14. IXYS Corporation had a net margin of 7.33% and a return on equity of 9.40%. The company had revenue of $83.37 million for the quarter. On average, analysts anticipate that IXYS Corporation will post $0.85 earnings per share for the current fiscal year.
In related news, Director Samuel Kory sold 10,400 shares of the business’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $16.51, for a total transaction of $171,704.00. Following the transaction, the director now owns 21,650 shares of the company’s stock, valued at $357,441.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director S Joon Lee sold 20,000 shares of the business’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $15.46, for a total transaction of $309,200.00. Following the transaction, the director now directly owns 25,000 shares in the company, valued at approximately $386,500. The disclosure for this sale can be found here. In the last three months, insiders sold 45,000 shares of company stock worth $714,304. Insiders own 23.60% of the company’s stock.
WARNING: “IXYS Corporation (NASDAQ:IXYS) Earning Somewhat Favorable Media Coverage, Study Shows” was reported by Daily Political and is the property of of Daily Political. If you are accessing this piece on another website, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be read at https://www.dailypolitical.com/2017/08/13/ixys-corporation-nasdaqixys-earning-somewhat-favorable-media-coverage-study-shows.html.
About IXYS Corporation
IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development, manufacture and marketing of power semiconductors, mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors.
Receive News & Ratings for IXYS Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IXYS Corporation and related companies with MarketBeat.com's FREE daily email newsletter.