Needham & Company Gives Buy Rating to IXYS (IXYS)

By admin | 6 years ago

IXYS (NASDAQ: IXYS)‘s stock had its “buy” rating reiterated by investment analysts at Needham & Company in a note issued to investors on Friday.

Shares of IXYS opened at 10.95 on Friday. IXYS has a one year low of $10.01 and a one year high of $15.98. The company has a market cap of $342.6 million and a P/E ratio of 12.67.

IXYS last issued its quarterly earnings data on Thursday, May 24th. The company reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.23 by $0.12. IXYS’s revenue was down 9.9% compared to the same quarter last year. On average, analysts predict that IXYS will post $0.28 earnings per share next quarter.

IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company specializes in the development, manufacture and marketing of power semiconductors, advanced mixed signal integrated circuits (ICs), application specific integrated circuits (ASICs), and systems and radio frequency (RF) power semiconductors.

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