NASDAQ:IDTI - Integrated Device Technology Stock Price, Price Target & More

Integrated Device Technology trades on the NASDAQ under the ticker symbol "IDTI."

Integrated Device Technology Inc (NASDAQ:IDTI) announced its quarterly earnings results on Monday, April, 30th. The semiconductor company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. The semiconductor company earned $224.60 million during the quarter, compared to analysts' expectations of $222.20 million. Integrated Device Technology had a negative net margin of 1.44% and a positive return on equity of 23.10%. Integrated Device Technology's quarterly revenue was up 27.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.35 earnings per share. View Integrated Device Technology's Earnings History.

Integrated Device Technology is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Integrated Device Technology.

12 Wall Street analysts have issued twelve-month price targets for Integrated Device Technology's stock. Their predictions range from $30.00 to $40.00. On average, they anticipate Integrated Device Technology's share price to reach $36.00 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Ratings for Integrated Device Technology.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Integrated Device Technology in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Integrated Device Technology saw a decline in short interest during the month of June. As of June 29th, there was short interest totalling 6,239,615 shares, a decline of 28.0% from the June 15th total of 8,669,062 shares. Based on an average daily volume of 1,233,151 shares, the days-to-cover ratio is currently 5.1 days. Approximately 4.9% of the shares of the stock are sold short. View Integrated Device Technology's Current Options Chain.

Some companies that are related to Integrated Device Technology include Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL), Qorvo (QRVO), ON Semiconductor (ON), ASE INDL HLDG C/S (ASX), Microsemi (MSCC), United Microelectronics (UMC), SUMCO Corp/ADR (SUOPY), Cavium (CAVM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR) and Semiconductor Manufacturing Int'l (SMI).

News stories about IDTI stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Integrated Device Technology earned a media sentiment score of 0.13 on Accern's scale. They also assigned news stories about the semiconductor company an impact score of 46.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Integrated Device Technology's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (0.51%), Retirement Systems of Alabama (0.28%), Pendal Group Ltd (0.04%), Amalgamated Bank (0.02%), Bank of Montreal Can (0.02%) and Atria Investments LLC (0.00%). Company insiders that own Integrated Device Technology stock include Brian C White, Chris Allexandre, David Shepard, Gordon W Parnell, Gregory L Waters, Mario Montana, Matthew D Brandalise, Norman P Taffe, S Kenneth Kannappan, Sailesh Chittipeddi and Xianzhi Sean Fan. View Institutional Ownership Trends for Integrated Device Technology.

IDTI stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Retirement Systems of Alabama and Fortaleza Asset Management Inc.. Company insiders that have sold Integrated Device Technology company stock in the last year include Brian C White, Chris Allexandre, David Shepard, Gordon W Parnell, Gregory L Waters, Mario Montana, Sailesh Chittipeddi and Xianzhi Sean Fan. View Insider Buying and Selling for Integrated Device Technology.

IDTI stock was purchased by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Bank of Montreal Can, Atria Investments LLC and Amalgamated Bank. View Insider Buying and Selling for Integrated Device Technology.

Shares of IDTI 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.

One share of IDTI stock can currently be purchased for approximately $35.12.

Integrated Device Technology has a market capitalization of $4.44 billion and generates $842.76 million in revenue each year. The semiconductor company earns $-12,130,000.00 in net income (profit) each year or $1.27 on an earnings per share basis. Integrated Device Technology employs 1,821 workers across the globe.

Integrated Device Technology's mailing address is 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA, 95138. The semiconductor company can be reached via phone at 408-284-8200 or via email at [email protected]