Shares of Power Integrations, Inc. (NASDAQ:POWI – Get Free Report) have received an average recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $64.50.
POWI has been the topic of several analyst reports. Northland Securities lowered Power Integrations from an “outperform” rating to a “market perform” rating and set a $46.00 target price on the stock. in a research note on Monday, April 6th. Susquehanna raised their price target on Power Integrations from $70.00 to $85.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Benchmark raised their price target on Power Integrations from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, April 6th. Zacks Research raised Power Integrations from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 26th. Finally, Stifel Nicolaus raised their price target on Power Integrations from $56.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th.
View Our Latest Stock Analysis on POWI
Insider Transactions at Power Integrations
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. UBS Group AG boosted its stake in shares of Power Integrations by 149.5% during the 4th quarter. UBS Group AG now owns 276,073 shares of the semiconductor company’s stock worth $9,812,000 after acquiring an additional 165,405 shares during the period. State of Alaska Department of Revenue lifted its holdings in Power Integrations by 248.4% during the 4th quarter. State of Alaska Department of Revenue now owns 30,924 shares of the semiconductor company’s stock worth $1,098,000 after purchasing an additional 22,049 shares during the last quarter. Quantbot Technologies LP lifted its position in shares of Power Integrations by 48,387.7% during the 3rd quarter. Quantbot Technologies LP now owns 130,432 shares of the semiconductor company’s stock valued at $5,245,000 after acquiring an additional 130,163 shares during the period. SG Americas Securities LLC grew its holdings in shares of Power Integrations by 108.7% during the 4th quarter. SG Americas Securities LLC now owns 44,351 shares of the semiconductor company’s stock worth $1,576,000 after purchasing an additional 23,096 shares in the last quarter. Finally, M&T Bank Corp grew its holdings in shares of Power Integrations by 3,635.7% during the 4th quarter. M&T Bank Corp now owns 748,555 shares of the semiconductor company’s stock worth $26,604,000 after purchasing an additional 728,517 shares in the last quarter.
Power Integrations Trading Down 0.4%
NASDAQ:POWI opened at $76.68 on Thursday. Power Integrations has a 1-year low of $30.86 and a 1-year high of $89.00. The business’s 50-day moving average price is $67.72 and its two-hundred day moving average price is $51.15. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 255.61, a PEG ratio of 3.35 and a beta of 1.57.
Power Integrations (NASDAQ:POWI – Get Free Report) last released its earnings results on Thursday, May 7th. The semiconductor company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. Power Integrations had a return on equity of 5.34% and a net margin of 3.72%.The firm had revenue of $108.31 million for the quarter, compared to analyst estimates of $106.75 million. During the same quarter in the prior year, the firm posted $0.31 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. Sell-side analysts predict that Power Integrations will post 0.89 earnings per share for the current year.
Power Integrations Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.1%. Power Integrations’s dividend payout ratio (DPR) is currently 286.67%.
Power Integrations Company Profile
Power Integrations, Inc, based in Hillsboro, Oregon, specializes in the design and development of high-performance analog and mixed-signal integrated circuits for energy-efficient power conversion. The company’s products are used to convert and regulate electrical power in a wide range of applications, from consumer electronics and industrial systems to communications equipment and electric vehicle charging. By providing compact, reliable, and highly integrated solutions, Power Integrations aims to reduce system size, improve efficiency, and simplify thermal management for its customers.
The firm’s product portfolio encompasses isolated and non-isolated switching controllers for both AC-DC and DC-DC power conversion.
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