$0.53 EPS Expected for Power Integrations Inc (POWI)

October 13, 2017 - By Nellie Frank

 $0.53 EPS Expected for Power Integrations Inc (POWI)
Investors sentiment increased to 1.24 in 2017 Q2. Its up 0.05, from 1.19 in 2017Q1. It increased, as 19 investors sold Power Integrations Inc shares while 66 reduced holdings. 35 funds opened positions while 70 raised stakes. 27.83 million shares or 0.92% less from 28.09 million shares in 2017Q1 were reported.
Rhumbline Advisers owns 57,479 shares for 0.01% of their portfolio. Moreover, Shell Asset Mgmt has 0.02% invested in Power Integrations Inc (NASDAQ:POWI) for 8,814 shares. Amalgamated Financial Bank stated it has 3,990 shares or 0.01% of all its holdings. Manufacturers Life Ins Com The reported 0% stake. Swiss State Bank, a Switzerland-based fund reported 49,400 shares. Principal Gru invested in 0.02% or 235,680 shares. Moreover, Northern Tru has 0.01% invested in Power Integrations Inc (NASDAQ:POWI) for 532,910 shares. 247,100 were accumulated by Employees Retirement Association Of Colorado. Moreover, Koch Inc has 0.06% invested in Power Integrations Inc (NASDAQ:POWI) for 211,871 shares. Art Advisors Ltd Liability Co invested 0.03% in Power Integrations Inc (NASDAQ:POWI). Nuveen Asset Management Limited Liability Company invested 0% of its portfolio in Power Integrations Inc (NASDAQ:POWI). Great West Life Assurance Can has 0.01% invested in Power Integrations Inc (NASDAQ:POWI) for 43,728 shares. Gsa Cap Partners Llp owns 2,847 shares for 0.01% of their portfolio. Sit Investment Assocs Incorporated stated it has 0.02% of its portfolio in Power Integrations Inc (NASDAQ:POWI). Granahan Invest Management Ma has 59,234 shares for 0.4% of their portfolio.

Since May 2, 2017, it had 0 insider buys, and 4 insider sales for $253,056 activity. The insider Petrakian Raja sold 1,116 shares worth $70,364. $116,914 worth of Power Integrations Inc (NASDAQ:POWI) was sold by BALAKRISHNAN BALU. $13,759 worth of stock was sold by Sutherland Ben on Tuesday, May 30.

Investors wait Power Integrations Inc (NASDAQ:POWI) to report on October, 26. its quarterly earnings Wall Street analysts expect $0.53 EPS, $0.00 or 0.00 % from last year’s $0.53 same quarter earnings. This translates into $15.80M profit for POWI giving the stock a 34.65 P/E. This is assuming the current $0.53 EPS is accurate. Power Integrations Inc’s Wall Street analysts see 3.92 % EPS growth, taking into account the $0.51 EPS reproted in the previous quarter, The stock increased 1.10% or $0.8 during the last trading session, reaching $73.45. About 188,456 shares traded. Power Integrations Inc (NASDAQ:POWI) has risen 41.25% since October 13, 2016 and is uptrending. It has outperformed by 24.55% the S&P500.

Power Integrations Inc (NASDAQ:POWI) Ratings Coverage

Among 5 analysts covering Power Integrations (NASDAQ:POWI), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Power Integrations had 16 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Power Integrations Inc (NASDAQ:POWI) on Friday, June 30 with “Buy” rating. The stock of Power Integrations Inc (NASDAQ:POWI) earned “Outperform” rating by Northland Capital on Thursday, October 29. The rating was maintained by Drexel Hamilton on Friday, July 28 with “Buy”. On Friday, January 8 the stock rating was upgraded by Sidoti to “Buy”. Stifel Nicolaus maintained Power Integrations Inc (NASDAQ:POWI) rating on Friday, July 28. Stifel Nicolaus has “Buy” rating and $8500 target. The stock has “Buy” rating by Stifel Nicolaus on Friday, November 13. Stifel Nicolaus maintained the shares of POWI in report on Thursday, July 30 with “Buy” rating. As per Thursday, October 13, the company rating was maintained by Stifel Nicolaus. The firm has “Neutral” rating given on Monday, November 23 by Sidoti. As per Thursday, December 22, the company rating was initiated by Drexel Hamilton.

Power Integrations, Inc. designs, develops and markets analog and mixed-signal integrated circuits , and other electronic components and circuitry used in high-voltage power conversion. The company has market cap of $2.19 billion. The Company’s products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use. It has a 39.61 P/E ratio. The Company’s ICs used in alternating current (AC)-direct current (DC) power supply convert high-voltage AC from a wall outlet to the low-voltage DC required by electronic devices.

More important recent Power Integrations Inc (NASDAQ:POWI) news were published by: Seekingalpha.com which released: “Power Integrations Looking To Grow Share In Growing Markets” on March 28, 2017, also Seekingalpha.com published article titled: “Power Integrations’ (POWI) CEO Balu Balakrishnan on Q2 2017 Results – Earnings …”, Seekingalpha.com published: “Power Integrations (POWI) Q1 2017 Results – Earnings Call Transcript” on April 28, 2017. More interesting news about Power Integrations Inc (NASDAQ:POWI) was released by: News.Sys-Con.com and their article: “Power Integrations to Release Third-Quarter Financial Results on October 26” with publication date: October 12, 2017.

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