About Integrated Device Technology (NASDAQ:IDTI)
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and Internet-of-things end-markets. It operates in two segments, Communications; and Computing, Consumer, and Industrial. The Communications segment offers clocks and timing solutions; flow-control management devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and frequency control solutions. The Computing, Consumer, and Industrial segment provides clock generation and distribution products, programmable timing devices, computing timing solutions, high-performance server memory interfaces, PCI Express switching solutions, power management solutions, and signal integrity products, as well as sensing products for mobile, automotive, and industrial solutions. The company markets its products primarily to original equipment manufacturers through various channels, including direct sales, distributors, electronic manufacturing suppliers, and independent sales representatives. Integrated Device Technology, Inc. was founded in 1980 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
SymbolNASDAQ:IDTI
CUSIP45811810
Phone408-284-8200
Debt
Debt-to-Equity Ratio0.76
Current Ratio4.83
Quick Ratio4.23
Price-To-Earnings
Trailing P/E Ratio27.54
Forward P/E RatioN/A
P/E Growth2.25
Sales & Book Value
Annual Sales$842.76 million
Price / Sales5.37
Cash Flow$2.0109 per share
Price / Cash17.42
Book Value$4.88 per share
Price / Book7.18
Profitability
EPS (Most Recent Fiscal Year)$1.27
Net Income$-12,130,000.00
Net Margins-1.44%
Return on Equity23.10%
Return on Assets12.30%
Miscellaneous
Employees1,821
Outstanding Shares129,260,000
Integrated Device Technology (NASDAQ:IDTI) Frequently Asked Questions
What is Integrated Device Technology's stock symbol?
Integrated Device Technology trades on the NASDAQ under the ticker symbol "IDTI."
How were Integrated Device Technology's earnings last quarter?
Integrated Device Technology (NASDAQ:IDTI) announced its quarterly earnings results on Monday, April, 30th. The semiconductor company reported $0.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.02. The semiconductor company had revenue of $224.60 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 27.8% compared to the same quarter last year. During the same period last year, the business earned $0.35 EPS. View Integrated Device Technology's Earnings History.
When is Integrated Device Technology's next earnings date?
What price target have analysts set for IDTI?
14 brokerages have issued 1-year price targets for Integrated Device Technology's shares. Their forecasts range from $30.00 to $40.00. On average, they anticipate Integrated Device Technology's stock price to reach $35.1538 in the next twelve months. View Analyst Ratings for Integrated Device Technology.
What are Wall Street analysts saying about Integrated Device Technology stock?
Here are some recent quotes from research analysts about Integrated Device Technology stock:
- 1. According to Zacks Investment Research, "Integrated Device Technology, Inc. develops system-level solutions that optimize its customers' applications. IDT's market-leading products in RF, real-time interconnect, wireless power, and SmartSensors are among the company's broad array of complete mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. Headquartered in San Jose, Calif., IDT has design, manufacturing, sales facilities and distribution partners throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol IDTI. " (6/13/2018)
- 2. Needham & Company LLC analysts commented, "IDT reported better than expected F2Q18 results driven by the initial production ramp of memory interface components for Intel’s Purley server platform and share gains in Advanced Timing solutions and RFICs. Perhaps more important, IDT’s forward revenue guidance exceeded consensus expectations for the second consecutive quarter and management raised its FY18 outlook. Driven by multi- year product cycles in memory interface, sensors and wireless power, we forecast IDT’s organic revenue will accelerate in F2H18 in contrast to decelerating revenue growth for the broader industry over this period." (10/31/2017)
Are investors shorting Integrated Device Technology?
Integrated Device Technology saw a decline in short interest in the month of May. As of May 15th, there was short interest totalling 6,328,357 shares, a decline of 24.6% from the April 30th total of 8,395,638 shares. Based on an average daily trading volume, of 1,373,188 shares, the days-to-cover ratio is currently 4.6 days. Approximately 4.8% of the company's shares are sold short.
Who are some of Integrated Device Technology's key competitors?
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), ON Semiconductor (ON), Qorvo (QRVO), ASE INDL HLDG C/S (ASX), Microsemi (MSCC), UMC (UMC), Semiconductor Manufacturing Int'l (SMI), Cypress Semiconductor (CY), SUMCO Corp/ADR (SUOPY), Monolithic Power Systems (MPWR) and Cavium (CAVM).
Who are Integrated Device Technology's key executives?
Integrated Device Technology's management team includes the folowing people:
- Mr. Gregory L. Waters, Pres, CEO & Director (Age 57)
- Mr. Brian C. White, Sr. VP & CFO (Age 53)
- Dr. Sailesh Chittipeddi Ph.D., Exec. VP of Global Operations & CTO (Age 55)
- Mr. Xianzhi Fan, Sr. VP and Corp. GM of Computing & Communications Group (Age 52)
- Mr. David R. Shepard, Sr. VP & Corp. GM of Mobility Products Group (Age 57)
Has Integrated Device Technology been receiving favorable news coverage?
News headlines about IDTI stock have been trending somewhat positive on Monday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. 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 news impact score of 0.12 on Accern's scale. They also gave media coverage about the semiconductor company an impact score of 46.55 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Integrated Device Technology's major shareholders?
Integrated Device Technology's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (3.78%), Schroder Investment Management Group (2.07%), Dimensional Fund Advisors LP (1.88%), Northern Trust Corp (1.59%), Vaughan Nelson Investment Management L.P. (1.51%) and Trigran Investments Inc. (1.38%). 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.
Which major investors are selling Integrated Device Technology stock?
IDTI stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Segall Bryant & Hamill LLC, Hood River Capital Management LLC, Mckinley Capital Management LLC Delaware, Westfield Capital Management Co. LP, Wedge Capital Management L L P NC, State of New Jersey Common Pension Fund D and Millrace Asset Group 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.
Which major investors are buying Integrated Device Technology stock?
IDTI stock was purchased by a variety of institutional investors in the last quarter, including Obermeyer Wood Investment Counsel Lllp, Summit Trail Advisors LLC, Cavalry Management Group LLC, Schroder Investment Management Group, Trigran Investments Inc., UBS Group AG, Russell Investments Group Ltd. and The Manufacturers Life Insurance Company . View Insider Buying and Selling for Integrated Device Technology.
How do I buy shares of 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.
What is Integrated Device Technology's stock price today?
One share of IDTI stock can currently be purchased for approximately $35.03.
How big of a company is Integrated Device Technology?
Integrated Device Technology has a market capitalization of $4.50 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.
How can I contact Integrated Device Technology?
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]
MarketBeat Community Rating for Integrated Device Technology (IDTI)
MarketBeat's community ratings are surveys of what our community members think about Integrated Device Technology and other stocks. Vote "Outperform" if you believe IDTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IDTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
