EPS for QuickLogic Corporation (QUIK) Expected At $-0.04

October 13, 2017 - By Vivian Park

 EPS for QuickLogic Corporation (QUIK) Expected At $ 0.04
Investors sentiment decreased to 1 in Q2 2017. Its down 2.75, from 3.75 in 2017Q1. It turned negative, as 8 investors sold QuickLogic Corporation shares while 11 reduced holdings. 5 funds opened positions while 14 raised stakes. 15.20 million shares or 52.44% less from 31.95 million shares in 2017Q1 were reported.
14,000 were reported by Da Davidson. 637 were reported by Manufacturers Life The. Lpl Financial Ltd Llc owns 37,952 shares or 0% of their US portfolio. Pnc Financial Group holds 50,000 shares or 0% of its portfolio. 25,446 were reported by Sii Invs Inc Wi. California Employees Retirement System invested in 0% or 119,100 shares. Blackrock Inc stated it has 0% of its portfolio in QuickLogic Corporation (NASDAQ:QUIK). Firsthand Mgmt invested in 1.52% or 1.03M shares. Gofen & Glossberg Ltd Liability Il has invested 0% in QuickLogic Corporation (NASDAQ:QUIK). Bankshares Of America Corp De holds 10,000 shares. Royal Financial Bank Of Canada reported 0% in QuickLogic Corporation (NASDAQ:QUIK). Creative Planning holds 191,177 shares or 0% of its portfolio. 44,614 are held by Citadel Advsrs Ltd Limited Liability Company. Oppenheimer Incorporated holds 10,000 shares. Tower Rech Limited Liability Com (Trc) has 0% invested in QuickLogic Corporation (NASDAQ:QUIK) for 6,049 shares.

Wall Street await QuickLogic Corporation (NASDAQ:QUIK) to release earnings on November, 1. Analysts forecast EPS of $-0.04, up exactly $0.03 or 42.86 % from 2014’s $-0.07 EPS. After posting $-0.05 EPS for the previous quarter, QuickLogic Corporation’s analysts now forecast -20.00 % EPS growth. The stock decreased 1.81% or $0.03 on October 13, reaching $1.63. About 141,089 shares traded. QuickLogic Corporation (NASDAQ:QUIK) has risen 42.27% since October 13, 2016 and is uptrending. It has outperformed by 25.57% the S&P500.

QuickLogic Corporation (NASDAQ:QUIK) Ratings Coverage

Among 2 analysts covering QuickLogic (NASDAQ:QUIK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. QuickLogic had 3 analyst reports since February 6, 2017 according to SRatingsIntel. The stock of QuickLogic Corporation (NASDAQ:QUIK) earned “Buy” rating by Roth Capital on Monday, September 11. On Monday, February 6 the stock rating was initiated by Craig Hallum with “Buy”.

QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The company has market cap of $130.58 million. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things . It currently has negative earnings. The Firm is a fabless semiconductor well-known provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs).

More notable recent QuickLogic Corporation (NASDAQ:QUIK) news were published by: Seekingalpha.com which released: “QuickLogic Corporation’s (QUIK) CEO Brian Faith on Q2 2017 Results – Earnings …” on August 10, 2017, also Seekingalpha.com with their article: “The $20 QuickLogic Trick?” published on March 15, 2017, Seekingalpha.com published: “QuickLogic: Show Us The Money” on May 15, 2017. More interesting news about QuickLogic Corporation (NASDAQ:QUIK) were released by: Seekingalpha.com and their article: “QuickLogic: Pre-Q2 2017 Results – Accumulate Opportunistically” published on July 21, 2017 as well as Globenewswire.com‘s news article titled: “Media Alert: QuickLogic CTO to Present at 15th Annual International SoC Conference” with publication date: October 12, 2017.

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