Analysts See $0.26 EPS for Integrated Device Technology Inc (IDTI)

October 13, 2017 - By Ellis Scott

 Analysts See $0.26 EPS for Integrated Device Technology Inc (IDTI)
Investors sentiment decreased to 1.08 in 2017 Q2. Its down 0.07, from 1.15 in 2017Q1. It turned negative, as 31 investors sold Integrated Device Technology Inc shares while 75 reduced holdings. 31 funds opened positions while 84 raised stakes. 126.35 million shares or 4.19% more from 121.26 million shares in 2017Q1 were reported.
Eventide Asset Management Ltd Liability Co has invested 1.33% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI). Guggenheim Limited Liability has invested 0.02% in Integrated Device Technology Inc (NASDAQ:IDTI). Waddell & Reed invested in 1.44 million shares. Gam Hldgs Ag stated it has 0.01% in Integrated Device Technology Inc (NASDAQ:IDTI). Strs Ohio reported 0% stake. San Francisco Sentry Inv Grp Inc (Ca) stated it has 10,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI). Stanley accumulated 107,408 shares. Northern stated it has 0.02% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI). Principal Incorporated invested in 0.01% or 562,271 shares. Dimensional Fund Advisors Limited Partnership invested in 0.04% or 2.95M shares. Aimz Investment Advsr Ltd Llc stated it has 0.42% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI). Nippon Life Glob Investors Americas Inc has invested 0.22% in Integrated Device Technology Inc (NASDAQ:IDTI). Nuveen Asset Mngmt Llc accumulated 0% or 17,789 shares. Autus Asset Mgmt Ltd Liability Corporation invested in 59,545 shares.

Since May 15, 2017, it had 0 insider purchases, and 16 sales for $9.48 million activity. $238,914 worth of Integrated Device Technology Inc (NASDAQ:IDTI) was sold by Shepard David on Thursday, June 15. BRANDALISE MATTHEW D sold $209,467 worth of stock or 8,600 shares. WHITE BRIAN C sold 19,054 shares worth $457,965. Chittipeddi Sailesh also sold $109,071 worth of Integrated Device Technology Inc (NASDAQ:IDTI) shares. Shares for $474,982 were sold by WATERS GREGORY L. The insider FAN XIANZHI SEAN sold 18,642 shares worth $454,056.

Analysts expect Integrated Device Technology Inc (NASDAQ:IDTI) to report $0.26 EPS on October, 30.They anticipate $0.02 EPS change or 7.14 % from last quarter’s $0.28 EPS. IDTI’s profit would be $34.65 million giving it 26.69 P/E if the $0.26 EPS is correct. After having $0.25 EPS previously, Integrated Device Technology Inc’s analysts see 4.00 % EPS growth. The stock increased 1.13% or $0.31 during the last trading session, reaching $27.76. About 934,926 shares traded. Integrated Device Technology Inc (NASDAQ:IDTI) has risen 12.80% since October 13, 2016 and is uptrending. It has underperformed by 3.90% the S&P500.

Integrated Device Technology Inc (NASDAQ:IDTI) Ratings Coverage

Among 18 analysts covering Integrated Device (NASDAQ:IDTI), 16 have Buy rating, 2 Sell and 0 Hold. Therefore 89% are positive. Integrated Device had 35 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Integrated Device Technology Inc (NASDAQ:IDTI) has “Buy” rating given on Monday, February 8 by Chardan Capital Markets. The firm earned “Underweight” rating on Tuesday, August 2 by Barclays Capital. The company was initiated on Friday, September 18 by Bank of America. Brean Capital initiated the shares of IDTI in report on Monday, May 23 with “Buy” rating. The rating was upgraded by Wedbush on Tuesday, February 2 to “Outperform”. The firm has “Neutral” rating by Bank of America given on Thursday, February 16. The rating was initiated by Roth Capital with “Buy” on Thursday, September 29. Bank of America downgraded the shares of IDTI in report on Tuesday, August 1 to “Underperform” rating. Charter Equity upgraded Integrated Device Technology Inc (NASDAQ:IDTI) on Wednesday, November 2 to “Buy” rating. The stock of Integrated Device Technology Inc (NASDAQ:IDTI) earned “Buy” rating by Susquehanna on Wednesday, June 28.

Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. The company has market cap of $3.70 billion. The Firm operates through two divisions: the Communications, and the Computing, Consumer and Industrial. It has a 36.25 P/E ratio. It offers products in radio frequency , timing, wireless power transfer, serial switching, interfaces and sensing solutions.

More recent Integrated Device Technology Inc (NASDAQ:IDTI) news were published by: Seekingalpha.com which released: “Integrated Device Has More To Offer, But Transitions Can Be Tough” on September 13, 2017. Also Marketwired.com published the news titled: “IDT Selects Two STEM Scholarship Awards Through “Acts of Giving” Program” on October 10, 2017. Seekingalpha.com‘s news article titled: “IDT passes 30M shipped Qi transmitters” with publication date: September 15, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.