Pixelworks Inc [PXLW] stock is trading at $0.80, up 18.33%. An important factor to consider is whether the stock is rising or falling in short-term value. The PXLW shares have gain 16.98% over the last week, with a monthly amount drifted -12.09%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Pixelworks Inc [NASDAQ: PXLW] stock has seen the most recent analyst activity on February 09, 2024, when Needham reiterated its Buy rating and also boosted its price target to $3.50 from $3. Previously, Colliers Securities upgraded its rating to Buy on January 18, 2022, and kept the price target unchanged to $5. On October 11, 2021, Needham initiated with a Buy rating and assigned a price target of $7 on the stock. Colliers Securities downgraded its rating to a Neutral. Lake Street upgraded its rating to a Buy. Lake Street downgraded its rating to Hold for this stock on November 01, 2019, but kept the price target unchanged to $3.50. In a note dated May 03, 2019, Dougherty & Company reiterated an Buy rating on this stock and revised its target price from $6.50 to $5.50.
Pixelworks Inc [PXLW] stock has fluctuated between $0.61 and $3.08 over the past year. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Pixelworks Inc [NASDAQ: PXLW] shares were valued at $0.80 at the most recent close of the market. An investor can expect a potential return of 212.5% based on the average PXLW price forecast.
Analyzing the PXLW fundamentals
Pixelworks Inc [NASDAQ:PXLW] reported sales of 54.19M for the trailing twelve months, which represents a drop of -40.58%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -0.54%, Pretax Profit Margin comes in at -0.51%, and Net Profit Margin reading is -0.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -7.5 and Total Capital is -0.47. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6977 points at the first support level, and at 0.5955 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8661, and for the 2nd resistance point, it is at 0.9323.
Ratios To Look Out For
For context, Pixelworks Inc’s Current Ratio is 4.02. On the other hand, the Quick Ratio is 3.57, and the Cash Ratio is 2.91. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 96.27.
Transactions by insiders
Recent insider trading involved Aman Haley F, Chief Financial Officer, that happened on Aug 20 ’24 when 5269.0 shares were sold. President and CEO, DEBONIS TODD completed a deal on Aug 20 ’24 to sell 24039.0 shares. Meanwhile, Chief Financial Officer Aman Haley F sold 5443.0 shares on May 17 ’24.
