Pixelworks (PXLW) Receives Media Sentiment Rating of 0.16
Headlines about Pixelworks (NASDAQ:PXLW) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Pixelworks earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 47.4019097305409 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Pixelworks (NASDAQ PXLW) traded down $0.06 on Friday, hitting $5.59. 372,061 shares of the stock traded hands, compared to its average volume of 339,898. Pixelworks has a 12 month low of $2.44 and a 12 month high of $6.22. The company has a market capitalization of $191.47, a PE ratio of 31.06, a PEG ratio of 3.49 and a beta of 0.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.98 and a quick ratio of 2.35.
Pixelworks (NASDAQ:PXLW) last announced its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.05. The business had revenue of $18.76 million for the quarter, compared to analysts’ expectations of $18.53 million. Pixelworks had a negative net margin of 0.36% and a positive return on equity of 20.65%. The firm’s quarterly revenue was up 37.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.02) earnings per share. sell-side analysts forecast that Pixelworks will post 0.08 EPS for the current year.
PXLW has been the topic of several recent research reports. Zacks Investment Research raised shares of Pixelworks from a “sell” rating to a “hold” rating in a report on Wednesday, July 26th. Dougherty & Co raised their target price on shares of Pixelworks from $6.50 to $7.50 and gave the stock a “buy” rating in a report on Wednesday, November 8th.
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In related news, Director C Scott Gibson sold 11,000 shares of Pixelworks stock in a transaction that occurred 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 transaction, the director now directly owns 91,709 shares of the company’s stock, valued at $422,778.49. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.50% 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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