DSP Group, Inc., a fabless semiconductor company, provides wireless and audio chipset solutions for converged communications worldwide. It operates through three segments: Home, Office, and SmartVoice. The company provides a portfolio of wireless chipsets that integrate DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear, video, and VoIP technologies. It also enables converged voice, audio, video, and data connectivity across various mobile, consumer, and enterprise products, including mobile phones, IoT and wearable devices, connected multimedia screens, home automation and security, cordless phones, VoIP systems, and home gateways. The company sells its products primarily through distributors, as well as directly to original equipment manufacturers and original design manufacturers. DSP Group, Inc. was founded in 1979 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Phone408-986-4300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$117.44 million
Profitability
Miscellaneous
Employees320
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable
DSP Group (NASDAQ:DSPG) Frequently Asked Questions
What is DSP Group's stock symbol?
DSP Group trades on the NASDAQ under the ticker symbol "DSPG."
How will DSP Group's stock buyback program work?
DSP Group declared that its board has initiated a stock buyback program on Monday, August 14th 2017, which permits the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.
How were DSP Group's earnings last quarter?
DSP Group, Inc. (NASDAQ:DSPG) issued its quarterly earnings results on Monday, February, 4th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.07. The semiconductor company had revenue of $26.06 million for the quarter, compared to analysts' expectations of $26.50 million. DSP Group had a positive return on equity of 3.78% and a negative net margin of 1.67%. During the same period in the previous year, the firm posted $0.06 EPS. View DSP Group's Earnings History.
When is DSP Group's next earnings date?
What price target have analysts set for DSPG?
2 Wall Street analysts have issued 1 year price targets for DSP Group's stock. Their predictions range from $15.00 to $15.00. On average, they expect DSP Group's stock price to reach $15.00 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for DSP Group.
What is the consensus analysts' recommendation for DSP Group?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DSP Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DSP Group.
What are Wall Street analysts saying about DSP Group stock?
Here are some recent quotes from research analysts about DSP Group stock:
- 1. According to Zacks Investment Research, "DSP Group, Inc. is a fabless semiconductor company, offering advanced chip-set solutions for a variety of applications. DSP Group is a worldwide leader in the short-range wireless communication market, enabling home networking convergence for voice, video & data. By combining its in-house technologies of Digital Signal Processors, portfolio of wireless communication protocols, including DECT, Bluetooth and Wi-Fi, most advanced Radio Frequency CMOS and SiGe, as well as VoIP ICs, DSP Group is a worldwide leader and a one-stop-shop for a wide range of applications. DSP Group ICs provide solutions for MP3 players, VoIP Phones, Gateways, and Integrated Access Devices and are widely used in Digital Voice Recorders. " (3/21/2019)
- 2. Needham & Company LLC analysts commented, "DSP Group ended the fourth quarter with an EPS of $0.04, beating the street’s $0.03. The company reported revenue of $26.1M, in line with street estimates. However, based on DSPG’s opex and revenue guidance for Q1, we expect them to end the first quarter with negative earnings, as softness in their Legacy businesses continue. We are encouraged by DSP’s shift away from its Legacy (cordless) business and shift towards its growth initiatives, which composed 59% of 4Q revenue. We expect the company to move closer to its 50% long-term gross margin target in 2019." (2/4/2019)
Has DSP Group been receiving favorable news coverage?
Media headlines about DSPG stock have trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media 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 negative five to positive five, with scores nearest to five being the most favorable. DSP Group earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news articles about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of DSP Group's key competitors?
Some companies that are related to DSP Group include MACOM Technology Solutions (MTSI), FormFactor (FORM), Rambus (RMBS), Xperi (XPER), Synaptics (SYNA), Canadian Solar (CSIQ), Imagination Tech. (IGNMF), Enphase Energy (ENPH), SunPower (SPWR), Hanwha Q Cells (HQCL), Nlight (LASR), Quantenna Communications (QTNA), ChipMOS Technologies (IMOS), Photronics (PLAB) and Himax Technologies (HIMX).
What other stocks do shareholders of DSP Group own?
Who are DSP Group's key executives?
DSP Group's management team includes the folowing people:
- Mr. Ofer Elyakim, CEO & Director (Age 49)
- Mr. Dror Levy, CFO & Sec. (Age 46)
- Mr. Dima Friedman, Corp. VP of Operations
- Mr. Lior Blanka, CTO & Corp. VP (Age 59)
- Mr. Daniel Louis Amir, Corp. VP of Bus. Devel., Strategy & Investor Relations
Who are DSP Group's major shareholders?
DSP Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.28%), Dimensional Fund Advisors LP (7.94%), Dimensional Fund Advisors LP (7.93%), D. E. Shaw & Co. Inc. (1.08%), Boston Partners (0.81%) and Principal Financial Group Inc. (0.71%). Company insiders that own DSP Group stock include Cynthia Paul, Dror Levy, Ofer Elyakim, Patrick Tanguy, Thomas A Lacey and Yair Seroussi. View Institutional Ownership Trends for DSP Group.
Which institutional investors are selling DSP Group stock?
DSPG stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Acadian Asset Management LLC, Alambic Investment Management L.P., Two Sigma Investments LP and Algert Global LLC. Company insiders that have sold DSP Group company stock in the last year include Patrick Tanguy and Yair Seroussi. View Insider Buying and Selling for DSP Group.
Which institutional investors are buying DSP Group stock?
DSPG stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, D. E. Shaw & Co. Inc., BlackRock Inc., Boston Partners, Great West Life Assurance Co. Can, Oregon Public Employees Retirement Fund, Municipal Employees Retirement System of Michigan and ETF Managers Group LLC. 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.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is DSP Group's stock price today?
One share of DSPG stock can currently be purchased for approximately $13.55.
How big of a company is DSP Group?
DSP Group has a market capitalization of $306.58 million and generates $117.44 million in revenue each year. The semiconductor company earns $-1,960,000.00 in net income (profit) each year or $0.23 on an earnings per share basis. DSP Group employs 320 workers across the globe.
What is DSP Group's official website?
How can I contact DSP Group?
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]
MarketBeat Community Rating for DSP Group (NASDAQ DSPG)
MarketBeat's community ratings are surveys of what our community members think about DSP Group and other stocks. Vote "Outperform" if you believe DSPG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DSPG will underperform the S&P 500 over the long term. You may vote once every thirty days.
