NASDAQ:QUIK - QuickLogic Stock Price, Forecast & News

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

QuickLogic shares reverse split before market open on Tuesday, December 24th 2019. The 1-14 reverse split was announced on Monday, December 9th 2019. The number of shares owned by shareholders was adjusted after the market closes on Monday, December 23rd 2019. An investor that had 100 shares of QuickLogic stock prior to the reverse split would have 7 shares after the split.

QuickLogic Co. (NASDAQ:QUIK) posted its quarterly earnings data on Wednesday, February, 12th. The semiconductor company reported ($0.29) EPS for the quarter, topping the Zacks' consensus estimate of ($0.31) by $0.02. The semiconductor company earned $2.87 million during the quarter, compared to analyst estimates of $2.90 million. QuickLogic had a negative net margin of 149.80% and a negative return on equity of 85.47%. During the same quarter last year, the firm posted ($0.42) EPS. View QuickLogic's Earnings History.

QuickLogic is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for QuickLogic.

4 Wall Street analysts have issued 1 year price targets for QuickLogic's shares. Their forecasts range from $1.00 to $8.50. On average, they expect QuickLogic's share price to reach $6.00 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for QuickLogic.

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

Press coverage about QUIK stock has trended negative on Saturday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. QuickLogic earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for QuickLogic.

QuickLogic saw a increase in short interest in January. As of January 31st, there was short interest totalling 342,600 shares, an increase of 117.0% from the January 15th total of 157,900 shares. Based on an average daily trading volume, of 78,200 shares, the short-interest ratio is currently 4.4 days. Currently, 4.2% of the company's stock 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), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), 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), Tesla (TSLA), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD) and Mirati Therapeutics (MRTX).

QuickLogic's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Taylor Frigon Capital Management LLC (4.88%), Perkins Capital Management Inc. (1.14%), Firsthand Capital Management Inc. (0.51%), Geode Capital Management LLC (0.49%) and NJ State Employees Deferred Compensation Plan (0.23%). 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, Perkins Capital Management Inc., Firsthand Capital Management Inc., Geode Capital Management LLC and NJ State Employees Deferred Compensation Plan. 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 $5.49.

QuickLogic has a market capitalization of $45.68 million and generates $10.31 million in revenue each year. The semiconductor company earns $-15,440,000.00 in net income (profit) each year or ($2.02) 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]