NASDAQ:DSPG - DSP Group Stock Price, Forecast & News

DSP Group trades on the NASDAQ under the ticker symbol "DSPG."

DSP Group, Inc. (NASDAQ:DSPG) announced its quarterly earnings data on Monday, February, 3rd. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. The semiconductor company earned $29.26 million during the quarter, compared to analyst estimates of $29 million. DSP Group had a negative net margin of 1.01% and a positive return on equity of 4.70%. View DSP Group's Earnings History.

DSP Group is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for DSP Group.

DSP Group updated its first quarter 2020 After-Hours earnings guidance on Monday, February, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $28-30 million, compared to the consensus revenue estimate of $29.39 million.

3 brokerages have issued 12-month target prices for DSP Group's stock. Their forecasts range from $19.00 to $20.00. On average, they anticipate DSP Group's share price to reach $19.67 in the next year. This suggests a possible upside of 44.5% from the stock's current price. View Analyst Price Targets for DSP Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DSP Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DSP Group.

News headlines about DSPG stock have trended very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. DSP Group earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for DSP Group.

DSP Group saw a increase in short interest in January. As of January 31st, there was short interest totalling 480,500 shares, an increase of 6.8% from the January 15th total of 450,000 shares. Based on an average trading volume of 138,100 shares, the days-to-cover ratio is currently 3.5 days. Currently, 2.2% of the company's stock are short sold. View DSP Group's Current Options Chain.

Some companies that are related to DSP Group include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Marvell Technology Group (MRVL), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Cree (CREE) and First Solar (FSLR).

Based on aggregate information from My MarketBeat watchlists, some companies that other DSP Group investors own include XOMA (XOMA), Kratos Defense & Security Solutions (KTOS), Klondex Mines (KLDX), Alnylam Pharmaceuticals (ALNY), Cypress Semiconductor (CY), Stratasys (SSYS), Opko Health (OPK), TherapeuticsMD (TXMD), AbbVie (ABBV) and STMicroelectronics (STM).

DSP Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.31%), Senvest Management LLC (4.31%), Kennedy Capital Management Inc. (3.18%), State Street Corp (2.85%), North Growth Management Ltd. (2.06%) and Heartland Advisors Inc. (1.92%). Company insiders that own DSP Group stock include Cynthia Paul, Dror Levy, Patrick Tanguy, Thomas A Lacey and Yair Seroussi. View Institutional Ownership Trends for DSP Group.

DSPG stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, North Growth Management Ltd., Oxford Asset Management LLP, Kennedy Capital Management Inc., Perritt Capital Management Inc., EAM Investors LLC, Wesbanco Bank Inc. and Boston Partners. Company insiders that have sold DSP Group company stock in the last year include Dror Levy and Yair Seroussi. View Insider Buying and Selling for DSP Group.

DSPG stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Heartland Advisors Inc., Acadian Asset Management LLC, Assenagon Asset Management S.A., Great West Life Assurance Co. Can, Senvest Management LLC, Barclays PLC and Bank of New York Mellon Corp. Company insiders that have bought DSP Group stock in the last two years include Cynthia Paul and Thomas A Lacey. View Insider Buying and Selling for DSP Group.

Shares of DSPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of DSPG stock can currently be purchased for approximately $13.61.

DSP Group has a market capitalization of $313.08 million and generates $117.61 million in revenue each year. The semiconductor company earns $-1,190,000.00 in net income (profit) each year or $0.29 on an earnings per share basis. DSP Group employs 324 workers across the globe.View Additional Information About DSP Group.

The official website for DSP Group is http://www.dspg.com/.

DSP Group's mailing address is 2055 Gateway Place Suite 480, San Jose CA, 95110. The semiconductor company can be reached via phone at 408-986-4300 or via email at [email protected]