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) posted its earnings results on Monday, April, 30th. The semiconductor company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.02. The semiconductor company had revenue of $224.60 million for the quarter, compared to the consensus estimate of $222.20 million. Integrated Device Technology had a positive return on equity of 23.10% and a negative net margin of 1.44%. The business's revenue for the quarter was up 27.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.35 EPS. 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 analysts have issued 12-month price targets for Integrated Device Technology's shares. Their predictions range from $30.00 to $40.00. On average, they expect Integrated Device Technology's share price to reach $36.00 in the next twelve months. This suggests a possible upside of 2.9% 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 decrease in short interest during the month of June. As of June 29th, there was short interest totalling 6,239,615 shares, a decrease of 28.0% from the June 15th total of 8,669,062 shares. Based on an average daily trading volume, of 1,233,151 shares, the days-to-cover ratio is currently 5.1 days. Currently, 4.9% of the shares of the company 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).

Media coverage about IDTI stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Integrated Device Technology earned a media sentiment score of 0.20 on Accern's scale. They also assigned news coverage about the semiconductor company an impact score of 46.01 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Integrated Device Technology's stock is owned by many different of retail and institutional investors. Top institutional investors include Copper Rock Capital Partners LLC (0.51%), Retirement Systems of Alabama (0.28%), Pendal Group Ltd (0.04%), Bank of Montreal Can (0.02%), Atria Investments LLC (0.00%) and Fortaleza Asset Management Inc. (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 acquired by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Bank of Montreal Can and Atria Investments LLC. 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 $34.97.

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]