QuickLogic Stock Price, Forecast & Analysis (NASDAQ:QUIK)

QuickLogic trades on the NASDAQ under the ticker symbol "QUIK."

QuickLogic Co. (NASDAQ:QUIK) posted its quarterly earnings data on Wednesday, November, 6th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. The semiconductor company earned $2.16 million during the quarter, compared to analysts' expectations of $2.10 million. QuickLogic had a negative return on equity of 83.84% and a negative net margin of 144.73%. During the same period in the prior year, the business earned ($0.03) EPS. View QuickLogic's Earnings History.

QuickLogic is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for QuickLogic.

3 brokers have issued 12 month price objectives for QuickLogic's shares. Their forecasts range from $1.00 to $1.00. On average, they expect QuickLogic's stock price to reach $1.00 in the next twelve months. This suggests a possible upside of 284.6% from the stock's current price. View Analyst Price Targets for QuickLogic.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QuickLogic in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for QuickLogic.

Media coverage about QUIK stock has been trending very negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. QuickLogic earned a media sentiment score of -3.9 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for QuickLogic.

QuickLogic saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 2,030,000 shares, a decline of 11.0% from the September 30th total of 2,280,000 shares. Based on an average trading volume of 400,900 shares, the short-interest ratio is currently 5.1 days. Currently, 1.8% of the shares of the company are short sold. View QuickLogic's Current Options Chain.

Some companies that are related to QuickLogic include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), First Solar (FSLR) and Cree (CREE).

Based on aggregate information from My MarketBeat watchlists, some companies that other QuickLogic investors own include VBI Vaccines (VBIV), Cisco Systems (CSCO), Second Sight Medical Products (EYES), Micron Technology (MU), Harrow Health (HROW), HomeStreet (HMST), Advanced Micro Devices (AMD), Finisar (FNSR), Mirati Therapeutics (MRTX) and Energy Transfer Equity LP Unit (ETE).

QuickLogic's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Taylor Frigon Capital Management LLC (4.96%). View Institutional Ownership Trends for QuickLogic.

QUIK stock was sold by a variety of institutional investors in the last quarter, including Taylor Frigon Capital Management LLC. View Insider Buying and Selling for QuickLogic.

Shares of QUIK 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, Robinhood, Fidelity and Charles Schwab.

One share of QUIK stock can currently be purchased for approximately $0.26.

QuickLogic has a market capitalization of $30.31 million and generates $12.63 million in revenue each year. The semiconductor company earns $-13,780,000.00 in net income (profit) each year or ($0.15) on an earnings per share basis. QuickLogic employs 82 workers across the globe.View Additional Information About QuickLogic.

The official website for QuickLogic is http://www.quicklogic.com/.

QuickLogic's mailing address is 2220 Lundy Avenue, San Jose CA, 95131. The semiconductor company can be reached via phone at 408-990-4000 or via email at [email protected]