Pixelworks (PXLW) Given Media Impact Rating of 0.13
News stories about Pixelworks (NASDAQ:PXLW) have trended somewhat positive on Friday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pixelworks earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 46.7425410963716 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several brokerages have recently weighed in on PXLW. Dougherty & Co increased their price objective on shares of Pixelworks from $6.50 to $7.50 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Zacks Investment Research cut shares of Pixelworks from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th.
Pixelworks (NASDAQ PXLW) traded down $0.04 during trading on Friday, reaching $5.97. 337,200 shares of the company traded hands, compared to its average volume of 380,692. The stock has a market cap of $201.74, a price-to-earnings ratio of 33.17, a price-to-earnings-growth ratio of 3.32 and a beta of 0.61. Pixelworks has a one year low of $2.44 and a one year high of $6.22. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.20.
Pixelworks (NASDAQ:PXLW) last released its earnings results on Tuesday, November 7th. The semiconductor company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.05. Pixelworks had a negative net margin of 0.36% and a positive return on equity of 20.65%. The company had revenue of $18.76 million during the quarter, compared to analyst estimates of $18.53 million. During the same period in the prior year, the firm posted ($0.02) EPS. The firm’s quarterly revenue was up 37.3% compared to the same quarter last year. analysts predict that Pixelworks will post 0.09 EPS for the current fiscal year.
In other Pixelworks news, Director C Scott Gibson sold 11,000 shares of the stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $4.61, for a total transaction 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 approximately $422,778.49. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Steven L. Moore sold 74,999 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $5.88, for a total transaction of $440,994.12. Following the sale, the chief financial officer now directly owns 496,570 shares of the company’s stock, valued at $2,919,831.60. The disclosure for this sale can be found here. Company insiders own 4.50% of the company’s stock.
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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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