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 (NASDAQ:IDTI) issued its earnings results on Monday, April, 30th. The semiconductor company reported $0.46 earnings per share for the quarter, beating the Zacks' consensus estimate 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 company's revenue was up 27.8% compared to the same quarter last year. During the same quarter last year, the business posted $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.

15 equities research analysts have issued 12 month price objectives for Integrated Device Technology's stock. Their forecasts range from $30.00 to $40.00. On average, they expect Integrated Device Technology's share price to reach $34.8571 in the next year. View Analyst Ratings for 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 short-interest ratio is currently 4.6 days. Approximately 4.8% of the shares of the stock are short sold.

Some companies that are related to Integrated Device Technology include Maxim Integrated (MXIM), IPG Photonics (IPGP), Advanced Micro Devices (AMD), Marvell Technology Group (MRVL), ON Semiconductor (ON), ASE Group (ASX), Qorvo (QRVO), Microsemi (MSCC), SUMCO (SUOPY), First Solar (FSLR), UMC (UMC), Semiconductor Manufacturing International (SMI), Cypress Semiconductor (CY), Cavium (CAVM) and Monolithic Power Systems (MPWR).

Press coverage about IDTI stock has been trending somewhat negative this week, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public 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 -0.15 on Accern's scale. They also gave headlines about the semiconductor company an impact score of 47.09 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Integrated Device Technology's stock is owned by a number of of retail and institutional 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.

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, Matthew D Brandalise, 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 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.

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 $33.52.

Integrated Device Technology has a market capitalization of $4.27 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 1,623 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]