Integrated Devices (NASDAQ:IDTI) shares traded 0.17% up during most recent session to reach at the closing price of $48.37. The stock exchanged hands 2.83 Million shares versus average trading capacity of 2.49 Million shares, yielding a market cap of $6.23 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $44.73 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Integrated Devices (NASDAQ:IDTI) high price target of $49 and with a conservative view have low price target of $37.
KeyBanc “Downgrades” Integrated Devices (NASDAQ:IDTI) in a research note issued to investors on 10/16/18 to Sector Weight with price target of $0.
Additionally on 9/11/18 PiperJaffray “Downgrades” Integrated Devices (NASDAQ:IDTI) to Neutral setting price target at $49 and on 9/11/18 Cowen & Co. “Downgrades” the stock to Market Perform at $49. Furthermore on 9/11/18 Susquehanna “Downgrades” the stock to Neutral at $49.
On the other hand the company has Relative Strength Index (RSI 14) of 48.26 along with Average True Range (ATR 14) of 0.22, Consequently Integrated Devices (NASDAQ:IDTI)’s weekly and monthly volatility is 0.30%, 0.37% respectively. The company’s beta value is at 1.24.
In terms of Buy, Sell or Hold recommendations, Integrated Devices (NASDAQ:IDTI) has analysts’ mean recommendation of 2.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Integrated Devices (NASDAQ:IDTI)’s minimum EPS for the current quarter is at $0.46 and can go high up to $0.51. The consensus mean EPS for the current quarter is at $0.48 derived from a total of 9 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.46 earnings per share for the same quarter during last year.
Previously Integrated Devices (NASDAQ:IDTI) reported $0.5 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.04. The company posted an earnings surprise of 8.7%.
Integrated Devices (NASDAQ:IDTI)’s revenue estimates for the current quarter are $239.99 Million according to 9 number of analysts, for the current quarter the company has high revenue estimates of $247.1 Million in contradiction of low revenue estimates of $232.4 Million. For the current year the company’s revenue estimates are $942.76 Million compared to low analyst estimates of $934.2 Million and high estimates of $951.7 Million according to 9 number of analysts.
Currently Integrated Devices (NASDAQ:IDTI)’s shares owned by insiders are 1.8%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -2.37%, as well as three-month change in the institutional ownership was recorded 0.94%.
Integrated Devices (NASDAQ:IDTI)’s trailing twelve month revenues are $929.2 Million, whereas its price to sales ratio for the same period is 6.71. Its book value per share for the most recent quarter is $4.71 while its price to book ratio for the same period is 10.27, as for as the company’s cash per share for the most recent quarter is $3.45, however its price to cash per share ratio for the same period is 14.02. The stock has 5 year expected PEG ratio of 3.72 whereas its trailing twelve month P/E ratio is 53.51.