Pixelworks (PXLW) Receives News Impact Rating of 0.28

Media coverage about Pixelworks (NASDAQ:PXLW) has been trending positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pixelworks earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 45.4054132660447 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Pixelworks (PXLW) traded down $0.10 during trading on Wednesday, hitting $5.56. 54,820 shares of the stock traded hands, compared to its average volume of 273,729. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.72 and a current ratio of 1.98. Pixelworks has a fifty-two week low of $3.62 and a fifty-two week high of $7.05. The stock has a market cap of $189.76, a PE ratio of 30.78 and a beta of 0.40.

Pixelworks (NASDAQ:PXLW) last issued its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.05. The firm had revenue of $18.76 million during the quarter, compared to analysts’ expectations of $18.53 million. Pixelworks had a negative net margin of 0.36% and a positive return on equity of 20.65%. Pixelworks’s revenue for the quarter was up 37.3% on a year-over-year basis. During the same period in the prior year, the company posted ($0.02) earnings per share. research analysts anticipate that Pixelworks will post 0.09 earnings per share for the current year.

PXLW has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Pixelworks from a “hold” rating to a “strong-buy” rating and set a $6.25 target price on the stock in a research note on Thursday, December 7th. Roth Capital reissued a “buy” rating and set a $8.00 target price on shares of Pixelworks in a research note on Tuesday, January 2nd. Finally, Dougherty & Co boosted their target price on shares of Pixelworks from $6.50 to $7.50 and gave the company a “buy” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. Pixelworks presently has an average rating of “Buy” and a consensus target price of $6.81.

In related news, CFO Steven L. Moore sold 74,999 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $5.88, for a total value of $440,994.12. Following the completion of the sale, the chief financial officer now directly owns 496,570 shares in the company, valued at $2,919,831.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 4.50% of the company’s stock.

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Pixelworks Company Profile

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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