Analysts See $-0.20 EPS for Sigma Designs Inc (SIGM)

November 15, 2017 - By Nellie Frank

 Analysts See $ 0.20 EPS for Sigma Designs Inc (SIGM)
Investors sentiment increased to 1.76 in Q2 2017. Its up 0.38, from 1.38 in 2017Q1. It is positive, as 5 investors sold Sigma Designs Inc shares while 20 reduced holdings. 17 funds opened positions while 27 raised stakes. 22.87 million shares or 3.08% more from 22.18 million shares in 2017Q1 were reported.
Ameriprise Financial reported 17,498 shares. Bridgeway Capital Mgmt Inc holds 0.03% of its portfolio in Sigma Designs Inc (NASDAQ:SIGM) for 464,000 shares. Creative Planning stated it has 0% of its portfolio in Sigma Designs Inc (NASDAQ:SIGM). Legal General Gp Public Limited Co reported 10,214 shares stake. 298,300 were accumulated by California Public Employees Retirement System. Susquehanna Gp Llp holds 0% or 35,019 shares in its portfolio. Vanguard Grp Incorporated accumulated 1.73M shares. Walleye Trading Ltd Liability Corporation stated it has 0% in Sigma Designs Inc (NASDAQ:SIGM). Highbridge Capital Limited Liability Company reported 0.01% stake. Ameritas Invest Partners Incorporated has 0% invested in Sigma Designs Inc (NASDAQ:SIGM) for 2,732 shares. Soros Fund Management Ltd Co has 0.48% invested in Sigma Designs Inc (NASDAQ:SIGM). Great West Life Assurance Can holds 0.01% or 388,682 shares. Barclays Public Limited Company has invested 0% of its portfolio in Sigma Designs Inc (NASDAQ:SIGM). Deutsche Bancshares Ag has 0% invested in Sigma Designs Inc (NASDAQ:SIGM). Manufacturers Life Commerce The holds 35,550 shares or 0% of its portfolio.

Since June 7, 2017, it had 1 buy, and 0 selling transactions for $2.32 million activity.

Wall Street await Sigma Designs Inc (NASDAQ:SIGM) to release earnings on December, 5. Analysts forecast EPS of $-0.20, down exactly $0.25 or 500.00 % from 2014’s $0.05 EPS. After posting $-0.26 EPS for the previous quarter, Sigma Designs Inc’s analysts now forecast -23.08 % EPS growth. The stock decreased 1.69% or $0.1 during the last trading session, reaching $5.8. About 362,359 shares traded or 98.27% up from the average. Sigma Designs Inc (NASDAQ:SIGM) has declined 5.38% since November 15, 2016 and is downtrending. It has underperformed by 22.08% the S&P500.

Sigma Designs Inc (NASDAQ:SIGM) Ratings Coverage

Among 7 analysts covering Sigma Designs (NASDAQ:SIGM), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Sigma Designs had 13 analyst reports since September 10, 2015 according to SRatingsIntel. The rating was maintained by Needham on Wednesday, June 7 with “Hold”. Lake Street upgraded Sigma Designs Inc (NASDAQ:SIGM) rating on Thursday, March 30. Lake Street has “Buy” rating and $7 target. The stock of Sigma Designs Inc (NASDAQ:SIGM) earned “Outperform” rating by Barrington Research on Wednesday, December 9. The firm has “Hold” rating by BWS Financial given on Friday, November 13. Lake Street downgraded it to “Hold” rating and $7 target in Wednesday, December 7 report. Lake Street initiated Sigma Designs Inc (NASDAQ:SIGM) rating on Monday, November 2. Lake Street has “Buy” rating and $11 target. Robert W. Baird maintained Sigma Designs Inc (NASDAQ:SIGM) on Wednesday, June 7 with “Buy” rating. Needham downgraded the shares of SIGM in report on Wednesday, December 7 to “Hold” rating. As per Thursday, September 8, the company rating was downgraded by BWS Financial. Robert W. Baird initiated Sigma Designs Inc (NASDAQ:SIGM) rating on Friday, October 9. Robert W. Baird has “Outperform” rating and $14 target.

Sigma Designs, Inc. is a provider of global integrated semiconductor solutions. The company has market cap of $223.39 million. The Firm offers media platforms for use in the home entertainment and home control markets. It currently has negative earnings. The Firm sells its products into markets, including smart television, media connectivity, set-top box and Internet of Things devices.

More notable recent Sigma Designs Inc (NASDAQ:SIGM) news were published by: Marketwatch.com which released: “Sigma Designs to reduce workforce by a quarter amid restructuring” on October 11, 2017, also Seekingalpha.com with their article: “Sigma Designs Gobbled Up By George Soros, Should We Be Buyers?” published on April 27, 2017, Seekingalpha.com published: “Sigma Designs’ (SIGM) CEO Thinh Tran on Q4 2017 Results – Earnings Call Transcript” on March 30, 2017. More interesting news about Sigma Designs Inc (NASDAQ:SIGM) were released by: Globenewswire.com and their article: “Sigma Designs to Announce Second Quarter Fiscal Year 2018 Financial Results on …” published on August 31, 2017 as well as Fool.com‘s news article titled: “Why Shares of Sigma Designs Crashed Today” with publication date: December 07, 2016.

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