Economy

Cypress Semiconductor Corporation (CY) closed at $14.41 in the last trading session

Several other research firms have also recently commented on CY. Semiconductor Manufacturing In shares had a trading volume of 376K in the last trading session.

The average Wall Street analyst rating for ON Semiconductor Corporation is Strong Buy, according to the average of 14 analyst scores. Finally, ValuEngine cut shares of ON Semiconductor Corporation from a "strong-buy" rating to a "buy" rating in a report on Tuesday, August 8th. A rating of 4 or 5 would represent a Sell recommendation. The company has a consensus rating of "Buy" and an average target price of $17.47.

The share of Cypress Semiconductor Corporation (CY) now has a value of $14.41 while the company's 52 week low is at $9.63, the shares dropped to the 52 week low on 11/03/16. Waddell & Reed Fincl has invested 0.44% in Cypress Semiconductor Corporation (NASDAQ:CY). The stock has "Buy" rating by Loop Capital on Tuesday, December 6. The company has a 50-day moving average of $13.73 and a 200-day moving average of $13.76.

Semiconductor Manufacturing International Corporation (SMIC), launched on April 3, 2000, is involved in the computer-aided design, manufacturing, testing, packaging, and trading of integrated circuits (ICs) and other semiconductor services, as well as designing and manufacturing semiconductor masks. The company reported $0.15 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.01. The firm had revenue of $593.80 million for the quarter, compared to the consensus estimate of $546.82 million. First Allied Advisory reported 0.01% in Cypress Semiconductor Corporation (NASDAQ:CY). Next quarter's EPS is forecasted to be $0.06 with next year's EPS anticipated to be $0.21. They expect $0.63 earnings per share, up 1.61% or $0.01 from last year's $0.62 per share.

Currently, EPS of Cypress Semiconductor Corporation (CY) is 0.21 while the analysts predicted the EPS of the stock to be 0.16 suggesting the company fell short of the analysts' expectations.

TRADEMARK VIOLATION NOTICE: This piece was originally reported by Equities Focus and is the sole property of of Equities Focus. If you are accessing this article on another website, it was stolen and republished in violation of U.S. and worldwide trademark & copyright legislation. The correct version of this report can be read at https://baseballnewssource.com/markets/cypress-semiconductor-corporations-cy-overweight-rating-reiterated-at-keycorp/1645657.html. Stockholders of record on Thursday, September 28th will be paid a $0.11 dividend. Cypress Semiconductor Corporation's payout ratio is now -20.37%. Also, insider Bernard Raymond Colpitts, Jr. sold 2,490 shares of the company's stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $11.54, for a total transaction of $165,725.94.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Art Advsr Limited Company accumulated 331,300 shares or 0.23% of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company's stock. The value of the investment in Semiconductor Manufacturing In decreased from $634,000 to $434,000 a change of 31.5% since the last quarter. The Jabre Capital Partners Sa holds 560,000 shares with $6.41 million value, up from 250,000 last quarter. ON Semiconductor Corporation (ON) now trades with a market capitalization of $7.31 Billion. The institutional investor bought 20,434 shares of the company's stock, valued at approximately $234,000. More interesting news about Cypress Semiconductor Corporation (NASDAQ:CY) was released by: Seekingalpha.com and their article: "Cypress Semiconductor's (CY) Management Presents at Deutsche Bank 2017 ..." with publication date: September 12, 2017. 1,065,309 shares of the stock were exchanged. LP owned about 0.49% of ON Semiconductor Corporation worth $29,041,000 at the end of the most recent reporting period. Moreover, Drw Securities Llc has 0.51% invested in the company for 81,604 shares. Teacher Retirement System of Texas boosted its position in shares of ON Semiconductor Corporation by 0.4% during the 2nd quarter. The Maryland-based Sol Capital Management Co has invested 0.15% in the stock.

Cypress Semiconductor Corporation delivers solutions from automotive, industrial and networking platforms to interactive consumer and mobile devices. The Company's segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD).



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