News articles about Pixelworks (NASDAQ:PXLW) have been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pixelworks earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 48.0511709977016 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Pixelworks and Aier Eye Hospital Group Conduct Eye Health Study Identifying Benefits of Improved Smartphone Video … – GlobeNewswire (press release) (globenewswire.com)
- Pixelworks and Aier Eye Hospital Group Conduct Eye Health Study Identifying Benefits of Improved Smartphone Video Quality (finance.yahoo.com)
- Short Interest in Pixelworks, Inc. (PXLW) Expands By 30.9% (americanbankingnews.com)
- Pixelworks (PXLW) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
A number of equities research analysts have weighed in on PXLW shares. Zacks Investment Research raised shares of Pixelworks from a “hold” rating to a “strong-buy” rating and set a $6.25 price target for the company in a report on Thursday, December 7th. Roth Capital reissued a “buy” rating and issued a $8.00 price target on shares of Pixelworks in a report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Pixelworks presently has an average rating of “Buy” and a consensus target price of $6.81.
Pixelworks (NASDAQ:PXLW) last issued its quarterly earnings results on Thursday, February 15th. The semiconductor company reported ($0.01) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.01. Pixelworks had a negative net margin of 5.18% and a positive return on equity of 12.72%. The company had revenue of $18.40 million during the quarter, compared to the consensus estimate of $18.08 million. During the same period in the prior year, the company earned $0.04 EPS. Pixelworks’s revenue was up 15.1% on a year-over-year basis. sell-side analysts anticipate that Pixelworks will post -0.06 EPS for the current year.
In other news, Director Daniel Heneghan acquired 20,000 shares of Pixelworks stock in a transaction on Friday, February 23rd. The stock was bought at an average cost of $4.33 per share, with a total value of $86,600.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 4.50% of the stock is currently owned by corporate insiders.
TRADEMARK VIOLATION WARNING: This news story was posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://baseballnewssource.com/2018/03/14/pixelworks-pxlw-given-daily-media-impact-score-of-0-12/2030142.html.
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.
Receive News & Ratings for Pixelworks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pixelworks and related companies with MarketBeat.com's FREE daily email newsletter.