Economy

What Are Analysts Report About Cypress Semiconductor Corporation (CY)

What Historical Figures Say About Cypress Semiconductor Corporation (NASDAQ: CY)? When we look at the Volatility of the company, Week Volatility is at 2.82% whereas Month Volatility is at 2.56%.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Janus Henderson Group PLC bought a new position in ON Semiconductor Corporation in the 2nd quarter worth $458,495,000. Sumitomo Mitsui Asset Management Company LTD raised its holdings in shares of ON Semiconductor Corporation by 3.2% during the third quarter. The company had Year Ago Sales of 530.17 Million. For the full year, analysts expect earnings to jump 258.82% yoy to $0.61. Coatue Management LLC bought a new stake in shares of ON Semiconductor Corporation in the 2nd quarter valued at approximately $68,740,000. However, the institutional investors are observed to own 99.69% of the total shares.

A number of research analysts have commented on ON shares. Zacks Investment Research cut shares of ON Semiconductor Corporation from a "buy" rating to a "hold" rating in a research report on Tuesday, July 11th.

While looking at the Stock's Performance, Cypress Semiconductor Corporation now shows a Weekly Performance of 2.68%, where Monthly Performance is 9.36%, Quarterly performance is 13.52%, 6 Months performance is 16.81% and yearly performance percentage is 57.12%. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. One analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Finally, Robert W. Baird reaffirmed a "buy" rating and issued a $20.00 target price on shares of ON Semiconductor Corporation in a research report on Thursday, August 24th. The stock is now moving above its 20-Day Simple Moving Average of 6.33% with a 50-Day Simple Moving Average of 15.58 percent. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 30.56 and a beta of 2.01. CY's latest closing price was 17.80% away from the average price of 200 days while it maintained a distance of 10.82% from the 50 Day Moving Average and 3.30% away compared to its SMA 20.

TRADEMARK VIOLATION NOTICE: "Bank of Nova Scotia Takes Position in ON Semiconductor Corporation (ON)" was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & global copyright & trademark laws. The correct version of this report can be read at https://www.dispatchtribunal.com/2017/10/30/bank-of-nova-scotia-acquires-new-holdings-in-on-semiconductor-corporation-on.html. The stock was sold at an average price of $19.59, for a total transaction of $9,328,581.69.

Square, Inc. (SQ) analysts on average have given a price target of $29.93 on SQ stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Bernard Gutmann sold 20,000 shares of the firm's stock in a transaction on Monday, October 16th. The shares were sold at an average price of $12.00, for a total value of $62,952.00. Sumitomo Mitsui Asset Management Company LTD now owns 4,739,270 shares of the semiconductor company's stock worth $87,534,000 after acquiring an additional 148,600 shares during the period. The disclosure for this sale can be found here. The overall volume in the last trading session was 10,071,612 shares.

ON Semiconductor Corporation offers a portfolio of analog, digital and mixed signal integrated circuits (ICs), standard products, image sensors and custom devices for customers to solve their design challenges in advanced electronic systems and products.



Like this

Latest


31 October 2017
President Buhari holds closed door meeting with Tinubu
Meanwhile, President Buhari had also met with the leadership of the National Assembly and other APC chieftains earlier on Monday. The two presidents are meeting officially for the first time since the inauguration of President Buhari's administration.

31 October 2017
Active Stock Momentum: QUALCOMM Incorporated (QCOM)
The count of Hold ratings in that period was 0. (NASDAQ: QCOM ) has "Buy" rating given on Thursday, July 23 by Stifel Nicolaus. Empyrean Capital Partners Lp decreased Park Hotels Resorts Inc stake by 505,000 shares to 1.25M valued at $33.71M in 2017Q2.

31 October 2017
Police issue warnings of marijuana candy this Halloween
Warnings about candy tainted with drugs have grown since Colorado legalized marijuana in 2014. Advocates said that the message is being shared with no known cases to back up the claims.

31 October 2017
Eagle Global Advisors LLC Increased Position in Kinder Morgan INC Del (KMI)
It has underperformed by 16.70% the S&P500.The move comes after 7 months positive chart setup for the $384.88 million company. RBC Capital Mkts reiterated coverage for the stock on 27/06/2017 and Macquarie issued a initiated the stock on 21/04/2017.

31 October 2017
Rail plan unites the sector with pledge of 'partnership for prosperity'
The plan outlines four commitments from rail firms, including getting a greater grip on costs. He called for Britain's rail services to be taken back into public ownership.

31 October 2017
World's hottest PC game could be banned in China due to violence
In a statement from a Chinese gaming association, the game has been deemed excessively violent and bloody for sale in China. Bluehole and Tencent did not immediately respond to requests for comment on Monday.

31 October 2017
Eagles Mourn Passing Of Former DE Daniel Te'o-Nesheim
Te'o-Nesheim, a linebacker from the University of Washington, was drafted by the Eagles in the third round of the 2010 NFL Draft. Te'o-Nesheim played four seasons in the National Football League and was a third-round pick drafted by the Eagles in 2010.

31 October 2017
Credit Acceptance Corporation (CACC) to Release Earnings on Monday
The stock of Tripadvisor Inc (NASDAQ:TRIP) earned "Underperform" rating by Credit Suisse on Monday, June 19. Goldman Sachs Grp holds 138,545 shares or 0.01% of its portfolio. 16,596 were accumulated by Franklin Inc.

31 October 2017
Colgate Palmolive (India) Limited (COLPAL.NS) Shares Placed Under the Microscope
Columbia Partners L L C Investment Management boosted its position in shares of Colgate-Palmolive by 2.6% in the second quarter. They expect this year's earnings to rise 3.2% year-over-year to $2.9, followed by 7.93% growth in the next year to $3.13.

31 October 2017
German train dubbed 'Anne Frank' causes controversy
DB is state-owned and the successor of the Deutsche Reichsbahn, which deported millions of Jews and other victims of the Nazis. Anne Frank's name is one of 25 famous Germans chosen by a jury after a public consultation which will adorn new ICE trains.



Recommended