Pixelworks Inc [PXLW] stock prices are up 9.67% to $0.81 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PXLW shares have gain 13.04% over the last week, with a monthly amount glided 4.22%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Pixelworks Inc [PXLW] has been fluctuating 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 $0.81 at the most recent close of the market. An investor can expect a potential return of 208.64% based on the average PXLW price forecast.
Analyzing the PXLW fundamentals
The Pixelworks Inc [NASDAQ:PXLW] reported sales of 54.19M for trailing twelve months, representing 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.52.
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 0.7513 points at the first support level, and at 0.6965 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8404, and for the 2nd resistance point, it is at 0.8747.
Ratios To Look Out For
It’s worth pointing out that Pixelworks Inc [NASDAQ:PXLW]’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 0.88.
Transactions by insiders
Recent insider trading involved Aman Haley F, Chief Financial Officer, that happened on Nov 20 ’24 when 10200.0 shares were sold. President and CEO, DEBONIS TODD completed a deal on Nov 20 ’24 to sell 41884.0 shares. Meanwhile, Chief Financial Officer Aman Haley F sold 5269.0 shares on Aug 20 ’24.
