Analysts See $-0.04 EPS for QuickLogic Corporation (QUIK)

October 13, 2017 - By Winifred Garcia

 Analysts See $ 0.04 EPS for QuickLogic Corporation (QUIK)
Investors sentiment decreased to 1 in Q2 2017. Its down 2.75, from 3.75 in 2017Q1. It dropped, as 8 investors sold QuickLogic Corporation shares while 11 reduced holdings. 5 funds opened positions while 14 raised stakes. 15.20 million shares or 52.44% less from 31.95 million shares in 2017Q1 were reported.
Thompson Davis & owns 0.01% invested in QuickLogic Corporation (NASDAQ:QUIK) for 2,500 shares. Lpl Financial Limited Liability Com invested 0% in QuickLogic Corporation (NASDAQ:QUIK). Sei Invests has invested 0% in QuickLogic Corporation (NASDAQ:QUIK). Da Davidson & accumulated 14,000 shares or 0% of the stock. Keybank Association Oh invested in 50,000 shares or 0% of the stock. Susquehanna Grp Ltd Liability Partnership, Pennsylvania-based fund reported 221,390 shares. Vanguard Inc holds 3.49M shares. Bancorp Of New York Mellon reported 79,489 shares or 0% of all its holdings. Johnson Grp Inc owns 1,000 shares. Brandes Invest Partners L P holds 0% or 53,700 shares. Blackrock Inc stated it has 1.50 million shares. First Republic owns 15,423 shares for 0% of their portfolio. Oppenheimer & has 0% invested in QuickLogic Corporation (NASDAQ:QUIK). Morgan Stanley holds 6,131 shares. Philadelphia Tru Company, a Pennsylvania-based fund reported 24,725 shares.

Analysts expect QuickLogic Corporation (NASDAQ:QUIK) to report $-0.04 EPS on November, 1.They anticipate $0.03 EPS change or 42.86 % from last quarter’s $-0.07 EPS. After having $-0.05 EPS previously, QuickLogic Corporation’s analysts see -20.00 % EPS growth. The stock decreased 1.81% or $0.03 on October 13, reaching $1.63. About 141,089 shares traded. QuickLogic Corporation (NASDAQ:QUIK) has risen 42.27% since October 13, 2016 and is uptrending. It has outperformed by 25.57% the S&P500.

QuickLogic Corporation (NASDAQ:QUIK) Ratings Coverage

Among 2 analysts covering QuickLogic (NASDAQ:QUIK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. QuickLogic had 3 analyst reports since February 6, 2017 according to SRatingsIntel. Roth Capital upgraded QuickLogic Corporation (NASDAQ:QUIK) rating on Monday, September 11. Roth Capital has “Buy” rating and $2 target. The firm earned “Buy” rating on Monday, February 6 by Craig Hallum.

QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The company has market cap of $130.58 million. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things . It currently has negative earnings. The Firm is a fabless semiconductor well-known provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs).

More notable recent QuickLogic Corporation (NASDAQ:QUIK) news were published by: Seekingalpha.com which released: “QuickLogic: Show Us The Money” on May 15, 2017, also Seekingalpha.com with their article: “QuickLogic: Pre-Q2 2017 Results – Accumulate Opportunistically” published on July 21, 2017, Globenewswire.com published: “QuickLogic Partners with AcconSys to Expand eFPGA Design Activity in China” on October 11, 2017. More interesting news about QuickLogic Corporation (NASDAQ:QUIK) were released by: Seekingalpha.com and their article: “QuickLogic Corporation’s (QUIK) CEO Brian Faith on Q2 2017 Results – Earnings …” published on August 10, 2017 as well as Seekingalpha.com‘s news article titled: “QuickLogic: Under The Radar Semiconductor Turnaround Poised For Liftoff” with publication date: November 17, 2016.

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