Integrated Device Technology Company Profile (NASDAQ:IDTI)

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

Integrated Device Technology, Inc. (NASDAQ:IDTI) issued its quarterly earnings data on Monday, May, 1st. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The firm earned $175.70 million during the quarter, compared to the consensus estimate of $175.05 million. Integrated Device Technology had a return on equity of 21.80% and a net margin of 15.17%. The company's quarterly revenue was down 7.2% on a year-over-year basis. During the same period last year, the company earned $0.36 EPS. View Integrated Device Technology's Earnings History.

Integrated Device Technology is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Integrated Device Technology.

15 brokerages have issued 1-year price objectives for Integrated Device Technology's stock. Their predictions range from $22.00 to $33.00. On average, they anticipate Integrated Device Technology's share price to reach $27.25 in the next year. View Analyst Ratings for Integrated Device Technology.

Here are some recent quotes from research analysts about Integrated Device Technology stock:

• 1. According to Zacks Investment Research, "Integrated Device Technology, Inc. designs, develops, manufactures and markets a broad range of high-performance semiconductor products and modules. Applications for the company's products include data and telecommunications equipment, such as routers, hubs, switches, cellular base stations and other devices; personal computers; and networked peripherals and servers, such as RAID arrays, servers, and printers. " (7/14/2017)
• 2. Needham & Company LLC analysts commented, "IDTI reported in-line F3Q17 results but provided F4Q17 revenue guidance that fell short of expectations due to a one month delay in the launch of Samsung’s GS8. Due to this delay, $3-4MM of wireless charging revenue was pushed into the June quarter. Despite the short-term hiccup in wireless charging, several positives on the call included 1) strength in IDTI’s sensor business with several Tier 1 design wins secured, 2) an expected rebound in memory interface revenue with the upcoming launch of Intel’s Purley/Skylake server platform and 3) tight control of OPEX." (1/31/2017)

Some companies that are related to Integrated Device Technology include ON Semiconductor Corporation (ON), Coherent (COHR), United Microelectronics Corporation (UMC), Microsemi Corporation (MSCC), Jabil Circuit (JBL), Semiconductor Manufacturing International Corporation (SMI), Siliconware Precision Industries Company (SPIL), Cypress Semiconductor Corporation (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Sanmina Corporation (SANM), Advanced Energy Industries (AEIS), Silicon Laboratories (SLAB), Vishay Intertechnology (VSH), Semtech Corporation (SMTC), Cree (CREE), Tower Semiconductor (TSEM) and Power Integrations (POWI).

Integrated Device Technology's management team includes the folowing people:

• John Anthony Schofield, Independent Chairman of the Board
• Gregory L. Waters, President, Chief Executive Officer, Director
• Brian C. White, Senior Vice President, Chief Financial Officer
• Sailesh Chittipeddi Ph.D., Executive Vice President of Operations and Chief Technical Officer
• Xianzhi Sean Fan, Senior Vice President and Corporate General Manager, Computing and Communications Group
• David R. Shepard, Senior Vice President and Corporate General Manager, Mobility Products Group
• Christophe Allexandre, Senior Vice President of Global Sales and Marketing
• Mario Montana, Vice President and Corporate General Manager, Automotive and Industrial Group
• Matthew D. Brandalise, Vice President, Chief Legal Officer and Corporate Secretary
• Anja Hamilton, Vice President and Chief People Officer

Integrated Device Technology's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.87%), Cardan Capital Partners LLC (0.05%), US Bancorp DE (0.05%), State Treasurer State of Michigan (0.04%), Oregon Public Employees Retirement Fund (0.04%) and Legato Capital Management LLC (0.03%). Company insiders that own Integrated Device Technology stock include Brian C White, David Shepard, Gordon W Parnell, Gregory L Waters, John A Schofield, Louise Gaulin, Mario Montana, Matthew D Brandalise, Norman P Taffe, Sailesh Chittipeddi and Xianzhi Sean Fan. View Institutional Ownership Trends for Integrated Device Technology.

Integrated Device Technology's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, US Bancorp DE, Cardan Capital Partners LLC, Wright Investors Service Inc. and Koshinski Asset Management Inc.. Company insiders that have sold Integrated Device Technology stock in the last year include Brian C White, David Shepard, Gordon W Parnell, Gregory L Waters, Mario Montana, Matthew D Brandalise, Norman P Taffe, Sailesh Chittipeddi and Xianzhi Sean Fan. View Insider Buying and Selling for Integrated Device Technology.

Integrated Device Technology's stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Legato Capital Management LLC, Aperio Group LLC, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC, Louisiana State Employees Retirement System, State Treasurer State of Michigan and Oakbrook Investments LLC. View Insider Buying and Selling for Integrated Device Technology.

Shares of Integrated Device Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Integrated Device Technology stock can currently be purchased for approximately $26.49.