Earnings and Growth Analysis : Pixelworks (NASDAQ:PXLW)

Earnings results for Pixelworks (NASDAQ:PXLW)

Pixelworks, Inc. is expected* to report earnings on 02/11/2021 after market close. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.11. The reported EPS for the same quarter last year was $-0.06.

Analyst Opinion on Pixelworks (NASDAQ:PXLW)

3 Wall Street analysts have issued ratings and price targets for Pixelworks in the last 12 months. Their average twelve-month price target is $5.08, predicting that the stock has a possible upside of 37.76%. The high price target for PXLW is $6.75 and the low price target for PXLW is $2.50. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Pixelworks has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $5.08, Pixelworks has a forecasted upside of 37.8% from its current price of $3.69. Pixelworks has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Pixelworks (NASDAQ:PXLW)

Pixelworks does not currently pay a dividend. Pixelworks does not have a long track record of dividend growth.

Insiders buying/selling: Pixelworks (NASDAQ:PXLW)

In the past three months, Pixelworks insiders have sold 2,135.13% more of their company’s stock than they have bought. Specifically, they have bought $7,800.00 in company stock and sold $174,340.00 in company stock. Only 4.60% of the stock of Pixelworks is held by insiders. Only 33.78% of the stock of Pixelworks is held by institutions.

Earnings and Valuation of Pixelworks (NASDAQ:PXLW

Earnings for Pixelworks are expected to grow in the coming year, from ($0.52) to ($0.25) per share. The P/E ratio of Pixelworks is -5.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Pixelworks is -5.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Pixelworks has a P/B Ratio of 2.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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