Pixelworks, Inc. (NASDAQ:PXLW) – Research analysts at Dougherty & Co issued their FY2017 earnings per share (EPS) estimates for Pixelworks in a research note issued on Wednesday. Dougherty & Co analyst C. Anderson expects that the semiconductor company will post earnings of $0.08 per share for the year. Dougherty & Co has a “Buy” rating and a $7.50 price objective on the stock. Dougherty & Co also issued estimates for Pixelworks’ Q4 2017 earnings at ($0.06) EPS.

Separately, Zacks Investment Research raised shares of Pixelworks from a “sell” rating to a “hold” rating in a research note on Wednesday, July 26th.

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Shares of Pixelworks (NASDAQ PXLW) opened at $5.65 on Monday. Pixelworks has a 52 week low of $2.44 and a 52 week high of $6.22. The company has a quick ratio of 2.35, a current ratio of 2.46 and a debt-to-equity ratio of 0.04. The firm has a market cap of $195.03, a price-to-earnings ratio of 31.78, a price-to-earnings-growth ratio of 3.58 and a beta of 0.61.

Pixelworks (NASDAQ:PXLW) last posted its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.05. Pixelworks had a negative net margin of 0.36% and a positive return on equity of 24.47%. The firm had revenue of $18.76 million during the quarter, compared to the consensus estimate of $18.53 million. During the same period in the previous year, the firm posted ($0.02) earnings per share. The business’s revenue was up 37.3% compared to the same quarter last year.

In other Pixelworks news, Director C Scott Gibson sold 11,000 shares of Pixelworks stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $4.61, for a total value of $50,710.00. Following the completion of the sale, the director now directly owns 91,709 shares of the company’s stock, valued at $422,778.49. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 4.50% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. GSA Capital Partners LLP acquired a new position in shares of Pixelworks during the second quarter valued at about $105,000. Macquarie Group Ltd. acquired a new position in shares of Pixelworks during the third quarter valued at about $108,000. Bank of New York Mellon Corp grew its holdings in shares of Pixelworks by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 25,674 shares of the semiconductor company’s stock valued at $120,000 after buying an additional 855 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Pixelworks by 31.1% during the second quarter. Stifel Financial Corp now owns 26,189 shares of the semiconductor company’s stock valued at $120,000 after buying an additional 6,213 shares during the last quarter. Finally, Rhumbline Advisers acquired a new position in shares of Pixelworks during the second quarter valued at about $126,000. Hedge funds and other institutional investors own 35.32% of the company’s stock.

Pixelworks Company Profile

Pixelworks, Inc designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices.

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