Impact of Brokerage Rating on Pixelworks, Inc.(PXLW)

Many Pixelworks, Inc.(PXLW) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Upgraded by Lake Street on Feb 3, 2017 to Buy, Raises Price Target to $ 4 from a previous price target of $3 .

Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Steven L Moore (VP, CFO & Treasurer) sold 60,000 shares at 3.76 per share price.On May 18, 2016, David J. Tupman (director) sold 2,650 shares at 1.70 per share price.On May 16, 2016, Todd Debonis (CEO) purchased 25,000 shares at 1.64 per share price.

Pixelworks Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.01. The company had revenue of $15.99 million for the quarter, compared to analysts expectations of $15.49 million. The companys revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.08 EPS.

Pixelworks, Inc. (NASDAQ:PXLW) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 1.25 by 4 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating.

Pixelworks, Inc. (NASDAQ:PXLW) stock has received a short term price target of $ 4.19 from 4 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0.55. The higher estimate of target price is $5 , while the lower price target estimate is $4

Pixelworks, Inc. (NASDAQ:PXLW) rose 2.27% or 0.09 points on Tuesday and made its way into the gainers of the day. After trading began at $3.97 the stock was seen hitting $4.18 as a peak level and $3.93 as the lowest level. The stock ended up at $4.06. The daily volume was measured at 773,129 shares. The 52-week high of the share price is $4.18 and the 52-week low is $1.32. The company has a market cap of $116 million.

Pixelworks Inc. design, develop and market semiconductors and software that enable the visual display of broadband content through a wide variety of electronic devices. Broadband content includes video, computer graphics and visual Web information delivered at high speeds via cable and telecommunications lines to the homes and offices. The semiconductors integrate a microprocessor, memory and image processing circuits that function like a computer on a single chip, or system-on-a-chip.


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