News coverage about Pixelworks (NASDAQ:PXLW) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pixelworks earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 93 out of 100, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Head-To-Head Analysis: PMC-Sierra (PMCS) vs. Pixelworks (PXLW) (americanbankingnews.com)
- ETFs with exposure to Pixelworks, Inc. : June 19, 2017 (finance.yahoo.com)
- Philip Morris International Inc (PM) Shares Sold by Bartlett & Co. LLC (eleganthomesinla.com)
- Philip Morris International Inc (PM) Position Lowered by Granite Investment Partners LLC (ekosvoice.com)
- Pixelworks Inc (PXLW) Moves -1.26% – Stock Press Daily (stockpressdaily.com)
Pixelworks (NASDAQ:PXLW) opened at 4.72 on Wednesday. The firm has a market capitalization of $139.51 million, a price-to-earnings ratio of 393.33 and a beta of 0.71. Pixelworks has a 52 week low of $1.74 and a 52 week high of $6.22. The firm has a 50-day moving average price of $5.20 and a 200 day moving average price of $4.11.
Pixelworks (NASDAQ:PXLW) last issued its quarterly earnings data on Thursday, April 27th. The semiconductor company reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.02. The firm had revenue of $22.70 million for the quarter, compared to analyst estimates of $22.49 million. Pixelworks had a return on equity of 3.30% and a net margin of 0.55%. The business’s quarterly revenue was up 102.7% compared to the same quarter last year. During the same period last year, the company earned ($0.14) EPS. On average, equities research analysts forecast that Pixelworks will post $0.20 earnings per share for the current fiscal year.
Several equities analysts have issued reports on PXLW shares. TheStreet raised Pixelworks from a “d” rating to a “c” rating in a research note on Friday, April 28th. Lake Street Capital boosted their price target on Pixelworks from $4.00 to $5.50 and gave the company a “buy” rating in a research note on Friday, April 28th. Finally, Zacks Investment Research lowered Pixelworks from a “buy” rating to a “hold” rating in a research note on Thursday, April 6th.
In other news, Director David J. Tupman sold 6,000 shares of Pixelworks stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $5.49, for a total value of $32,940.00. Following the sale, the director now directly owns 44,139 shares in the company, valued at approximately $242,323.11. The sale was disclosed in a filing with the SEC, which is available through this link. 4.50% of the stock is currently owned by company insiders.
Pixelworks, Inc designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices.
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