Economy

(NASDAQ:CY) Stock Rating Lowered by BidaskClub

ON has been the subject of a number of other research reports. Finally, Credit Suisse Group raised their target price on shares of Cypress Semiconductor Corporation from $14.00 to $15.00 and gave the company a "neutral" rating in a research note on Friday, October 27th. Vetr raised ON Semiconductor Corp. from a "hold" rating to a "buy" rating and set a $12.48 target price on the stock in a report on Thursday, October 13th. The stock has "Buy" rating by KeyBanc Capital Markets on Friday, October 6. Current price places the company's stock 36.24% away from its 200-day simple moving average, 17.27%, away from the 50-day average and also 7.9% away from 20-day average.

Previously on Monday September 25, 2017, Craig-Hallum released a statement about ON Semiconductor (NASDAQ:ON) increased the target price from $0.00 to $25.00. Institutional investors are nonbank organizations that buy shares of a public company in bulk, and they qualify for lower fees and preferential treatment compared to average traders - groups like hedge funds and mutual funds. The company has a current ratio of 1.35, a quick ratio of 0.92 and a debt-to-equity ratio of 0.60. The stock stands almost $1.48 off versus the 52-week high of $24.92 and $19.48 above the 52-week low of $3.96. The firm has a market capitalization of $5,480.00, a price-to-earnings ratio of 33.54, a price-to-earnings-growth ratio of 2.90 and a beta of 2.02.

Cypress Semiconductor Corporation (NASDAQ:CY) reported its EPS in the last quarter as $0.27/Share beating the analyst estimate of $0.23/Share by a difference of $0.04. Cypress Semiconductor had a net margin of 2.64% and a return on equity of 2.40%. During the same period in the prior year, the firm earned $0.15 EPS.

For the current quarter, 13 analysts are projecting a mean EPS of $0.25/share. Sg Americas Secs Ltd Liability has invested 0.02% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). "(NASDAQ:CY) Stock Rating Lowered by BidaskClub" was reported by TrueBlueTribune and is owned by of TrueBlueTribune. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of US and worldwide trademark and copyright laws.

In other MagnaChip Semiconductor Corporation news, Director Camillo Martino acquired 10,000 shares of the business's stock in a transaction dated Monday, August 14th. Following the acquisition, the director now owns 20,000 shares in the company, valued at approximately $258,400. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Marc Lasry sold 4,088,978 shares of the firm's stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $10.98, for a total value of $44,896,978.44. The disclosure for this purchase can be found here. State Street Corp now owns 40,222 shares of the semiconductor company's stock worth $394,000 after purchasing an additional 606 shares during the last quarter.

When it comes to institutional holdings, taking a look at a public company's active positions is a useful way to understand how institutional investors view the value of the stock. It increased, as 30 investors sold Cypress Semiconductor Corporation shares while 88 reduced holdings. IFP Advisors Inc lifted its stake in Cypress Semiconductor by 13.3% in the 2nd quarter. IFP Advisors Inc now owns 8,628 shares of the semiconductor company's stock valued at $118,000 after acquiring an additional 1,014 shares in the last quarter. ING Groep NV purchased a new position in Cypress Semiconductor in the 2nd quarter worth approximately $138,000. Finally, Thompson Davis & CO. Amalgamated Bank boosted its stake in ON Semiconductor Corp.by 1.4% in the second quarter. Amalgamated Bank now owns 51,432 shares of the company's stock worth $528,000 after buying an additional 719 shares during the last quarter.

Cypress is a leader in advanced embedded system solutions for the world's most innovative automotive, industrial, home automation and appliances, consumer electronics and medical products. The Company's segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group.



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