About QLogic (NASDAQ:QLGC)
QLogic Corporation (QLogic), designs and supplies server and storage networking connectivity products that provide and manage computer data communication. The Company's products facilitate the transfer of data and enable resource sharing between servers, networks and storage. Its products are used in enterprise, managed service provider, consumer Web, and cloud service provider data centers. Its products are based primarily on Fiber Channel and Ethernet technologies and are used in connection with storage networks, data networks and converged networks. Storage networks are used to provide access to storage across enterprise environments. Fibre Channel is a technology for enterprise storage networking. Data networks are used to provide workstation-to-server, server-to-server, and server-to-storage connectivity using Ethernet. Converged networks are designed to address the data center by consolidating and unifying storage and data networks, using high-speed Ethernet.
Industry, Sector and Symbol
Industry Computer Hardware
Sub-IndustryComputer Storage & Peripherals
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity9.67%
Return on Assets8.76%
Frequently Asked Questions for QLogic (NASDAQ:QLGC)
What is QLogic's stock symbol?
QLogic trades on the NASDAQ under the ticker symbol "QLGC."
How were QLogic's earnings last quarter?
QLogic Co. (NASDAQ:QLGC) released its earnings results on Tuesday, July, 26th. The semiconductor company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.04. The semiconductor company earned $116.40 million during the quarter, compared to analysts' expectations of $115.60 million. QLogic had a net margin of 15.71% and a return on equity of 9.67%. QLogic's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the business earned $0.19 EPS. View QLogic's Earnings History.
Who are some of QLogic's key competitors?
Some companies that are related to QLogic include Apple (AAPL), EMC (EMC), HP (HPQ), Hewlett Packard Enterprise Co (HPE), Seagate Technology PLC (STX), Logitech International S.A. (LOGI), Knowles Corporation (KN), Synaptics Incorporated (SYNA), Electronics for Imaging (EFII), ScanSource (SCSC), PC Connection (CNXN), Xaar plc (XAR), Focusrite PLC (TUNE), Quantum Corporation (QTM), Key Tronic (KTCC), RadiSys Corporation (RSYS), Dell (DELL) and Domino Printing Sciences Plc (DNO).
How do I buy QLogic stock?
Shares of QLogic 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 QLogic's stock price today?
One share of QLogic stock can currently be purchased for approximately $16.07.
How can I contact QLogic?
QLogic's mailing address is 26650 Aliso Viejo Pkwy, ALISO VIEJO, CA 92656-2616, United States. The semiconductor company can be reached via phone at +1-949-3896000.
MarketBeat Community Rating for QLogic (QLGC)MarketBeat's community ratings are surveys of what our community members think about QLogic and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for QLogic (NASDAQ:QLGC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for QLogic (NASDAQ:QLGC)
Analysts' Ratings History for QLogic (NASDAQ:QLGC)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/7/2016||Barclays PLC||Boost Price Target||Equal Weight||$13.00 -> $15.00||N/A|
|6/18/2016||DA Davidson||Reiterated Rating||Hold||$15.50||N/A|
|6/17/2016||Argus||Downgrade||Buy -> Hold||$16.00||N/A|
Earnings History and Estimates Chart for QLogic (NASDAQ:QLGC)
Earnings History by Quarter for QLogic (NASDAQ QLGC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2016||Q117||$0.25||$0.29||$115.60 million||$116.40 million||View||N/A|
|5/5/2016||Q4||$0.25||$0.30||$116.82 million||$119.40 million||View||Listen|
|1/28/2016||Q316||$0.26||$0.33||$117.60 million||$122.70 million||View||Listen|
|10/22/2015||Q2||$0.14||$0.17||$102.80 million||$103.35 million||View||Listen|
|7/30/2015||Q116||$0.19||$0.19||$128.29 million||$113.40 million||View||Listen|
|4/30/2015||Q415||$0.26||$0.28||$135.36 million||$133.00 million||View||Listen|
|1/29/2015||Q3||$0.29||$0.36||$137.68 million||$140.20 million||View||Listen|
|10/16/2014||Q215||$0.22||$0.25||$124.44 million||$127.50 million||View||Listen|
|7/24/2014||Q115||$0.20||$0.21||$119.40 million||$119.40 million||View||Listen|
|5/1/2014||Q414||$0.22||$0.24||$113.30 million||$115.70 million||View||Listen|
|1/29/2014||Q314||$0.24||$0.29||$117.57 million||$119.40 million||View||Listen|
|10/24/2013||Q214||$0.19||$0.23||$112.06 million||$112.60 million||View||Listen|
|7/25/2013||Q1 2014||$0.14||$0.18||$113.70 million||$113.10 million||View||Listen|
|5/2/2013||Q4 2013||$0.16||$0.17||$115.35 million||$116.90 million||View||Listen|
|1/24/2013||Q3 2013||$0.17||$0.20||$115.84 million||$119.40 million||View||Listen|
Earnings Estimates for QLogic (NASDAQ:QLGC)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for QLogic (NASDAQ:QLGC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for QLogic (NASDAQ QLGC)
Insider Trades by Quarter for QLogic (NASDAQ QLGC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/2/2016||Anthony Carrozza||VP||Sell||5,977||$15.46||$92,404.42|| |
|5/11/2016||Anthony Carrozza||VP||Sell||1,460||$13.50||$19,710.00|| |
|9/10/2015||Milind Karnik||VP||Sell||1,606||$10.19||$16,365.14|| |
|6/9/2015||Roger J Klein||VP||Sell||5,324||$15.58||$82,947.92|| |
|6/2/2015||John T Dickson||Director||Buy||10,000||$15.65||$156,500.00|| |
|5/27/2015||Roger J Klein||VP||Sell||4,131||$15.42||$63,700.02|| |
|5/26/2015||Roger J Klein||VP||Sell||4,123||$15.32||$63,164.36|| |
|6/9/2014||Roger J Klein||VP||Sell||3,121||$10.28||$32,083.88|| |
|5/28/2014||Roger J Klein||VP||Sell||5,691||$9.94||$56,568.54|| |
|5/21/2014||Roger Klein||VP||Sell||2,062||$9.72||$20,042.64|| |
|5/12/2014||Prasad Rampalli||CEO||Buy||10,000||$9.94||$99,400.00|| |
|5/6/2014||Hk Desai||Chairman||Sell||42,220||$9.90||$417,978.00|| |
|6/6/2013||Roger J Klein||VP||Sell||11,490||$9.98||$114,670.20|| |
|5/30/2013||Perry Mulligan||VP||Sell||2,626||$9.77||$25,656.02|| |
|5/28/2013||Perry Mulligan||VP||Sell||2,387||$9.55||$22,795.85|| |
|5/22/2013||Perry Mulligan||VP||Sell||5,789||$9.62||$55,690.18|| |
|11/1/2012||Perry Mulligan||VP||Sell||3,300||$9.59||$31,647.00|| |
Latest Headlines for QLogic (NASDAQ QLGC)
QLogic (NASDAQ QLGC) Chart for Friday, November, 24, 2017