04 July, 2017
The following firms have also recently changed their position in MX. Pacific Crest restated an "overweight" rating and issued a $17.00 price target (up previously from $14.00) on shares of Cypress Semiconductor Corporation in a report on Wednesday, March 29th. April 22 investment analysts at Citigroup left the company rating at "Neutral" and lowered the price expectation from $20.00 to $15.00.
The market experts are predicting a 12.24% rally, based on the high target price ($11) for MagnaChip Semiconductor Corporation shares that is likely to be hit in the 52 weeks.
On the other hand, MagnaChip Semiconductor Corporation by far traveled 88.46% versus a 1-year low price of $5.2.
Heading into the stock price potential, Calithera Biosciences, Inc. needs to grow just 21.21% to cross its median price target of $18. Craig Hallum boosted their price target on shares of Cypress Semiconductor Corporation from $15.00 to $17.00 and gave the company a "buy" rating in a report on Wednesday, March 29th.
On May 29 the company was upgraded to "Buy" from "Hold" with a current price target of $9.00 in a report issued by Topeka Capital. Credit Suisse Group downgraded ON Semiconductor Corporation from a "neutral" rating to an "underperform" rating and cut their price target for the stock from $17.50 to $13.50 in a research note on Tuesday, April 11th.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY) opened at 13.37 on Wednesday.
MagnaChip Semiconductor Corpora now has a P/E ratio of 56.65 and market cap is 332.08M. The semiconductor company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.06.
01/20/2014 - MagnaChip Semiconductor Corporation had its "positive" rating reiterated by analysts at Susquehanna. During the same period a year ago, the company posted $0.07 EPS.
A number of equities research analysts have commented on the company.
TRADEMARK VIOLATION WARNING: "Wellington Management Group LLP Raises Stake in ON Semiconductor Corporation (ON)" was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another domain, it was stolen and republished in violation of US and global copyright & trademark law. Investors of record on Thursday, June 29th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, June 27th. This represents a $0.44 dividend on an annualized basis and a yield of 3.29%.
ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. Also, Director Eric Benhamou sold 50,000 shares of the firm's stock in a transaction that occurred on Monday, June 19th. The stock was sold at an average price of $13.31, for a total transaction of $665,500.00. The firm owned 688,092 shares of the semiconductor company's stock after buying an additional 482,387 shares during the period. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Given that liquidity is king in short-term, CALA is a stock with 36.12 million shares outstanding that normally trades 3.67% of its float. Following the sale, the insider now directly owns 59,075 shares in the company, valued at $525,767.50. The disclosure for this sale can be found here. Institutional investors own 96.45% of the company's stock. Accern also assigned media stories about the semiconductor company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. Morgan Stanley raised its position in shares of MagnaChip Semiconductor Corporation by 91.0% in the first quarter. Vident Investment Advisory LLC now owns 241,622 shares of the semiconductor company's stock worth $3,083,000 after buying an additional 1,933 shares during the last quarter. Vident Investment Advisory LLC boosted its stake in shares of ON Semiconductor Corporation by 0.8% in the fourth quarter. ProShare Advisors LLC now owns 25,741 shares of the semiconductor company's stock worth $399,000 after buying an additional 440 shares during the last quarter. UBS Oconnor LLC acquired a new stake in Cypress Semiconductor Corporation during the first quarter valued at approximately $1,032,000. State Street Corp boosted its stake in MagnaChip Semiconductor Corporation by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 607,785 shares of the semiconductor company's stock valued at $5,804,000 after buying an additional 34,253 shares during the last quarter.