GigPeak Company Profile (NYSE:GIG)

About GigPeak (GIG)

GigPeak logoGigPeak, Inc., formerly GigOptix, Inc. is a semiconductor designer, developer and supplier of a range of analog, digital and mixed signal components to enable information streaming over the telecom networks, datacom infrastructure and consumer electronics links. The Company's business is made up of two product lines: High-Speed Communications (HSC) product line and Industrial product line. The Company's product portfolio provides solutions in markets, such as fiber-optics telecom, wireless backhaul, data communication and consumer electronics, mil-aero, instrumentation and medical equipment for applications, such as linecards and transponders, active optical cables and pluggables, point-to-point wireless radios, military electronic warfare systems, avionics electronics, global positioning system (GPS) systems and diverse medical equipment, such as ultrasound imaging, X-Ray, magnetic resonance imaging (MRI), computed tomography (CT) scan and defibrillators.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: GIG
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $3.07
  • 50 Day Moving Average: $2.94
  • 200 Day Moving Average: $2.62
  • 52-Week Range: $1.63 - $3.11
  • Trailing P/E Ratio: 80.79
  • Foreward P/E Ratio: 10.23
  • P/E Growth: 0.89
  • Market Cap: $207.66M
  • Outstanding Shares: 67,647,000

Analyst Ratings

Consensus Ratings for GigPeak (NYSE:GIG) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $4.31 (40.34% upside)

Analysts' Ratings History for GigPeak (NYSE:GIG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/14/2017Craig HallumDowngradeBuy -> HoldN/AView Rating Details
2/14/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
1/17/2017Cowen and CompanyBoost Price TargetOutperform$3.50 -> $4.00N/AView Rating Details
10/18/2016Needham & Company LLCReiterated RatingBuy$3.50N/AView Rating Details
7/25/2016B. RileyReiterated RatingBuy$4.50N/AView Rating Details
4/19/2016Sterne Agee CRTReiterated RatingBuy$4.35N/AView Rating Details
4/19/2016Roth CapitalLower Price TargetBuy$7.00 -> $6.00N/AView Rating Details
3/9/2016Ladenburg Thalmann Financial ServicesInitiated CoverageBuy$3.20N/AView Rating Details
1/5/2016Barrington ResearchBoost Price TargetOutperform$2.80 -> $4.00N/AView Rating Details
12/15/2015Northland SecuritiesReiterated RatingOutperform$3.00 -> $3.80N/AView Rating Details
(Data available from 3/23/2015 forward)

Earnings

Earnings History for GigPeak (NYSE:GIG)
Earnings by Quarter for GigPeak (NYSE:GIG)
Earnings History by Quarter for GigPeak (NYSE:GIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
2/13/201712/31/2016$0.05$0.05ViewListenView Earnings Details
1/17/2017Q416$0.05$0.05$16.20 millionViewN/AView Earnings Details
10/17/2016Q316$0.04$0.05$15.52 million$15.80 millionViewListenView Earnings Details
7/25/2016Q216$0.04$0.05$15.21 million$15.40 millionViewListenView Earnings Details
4/18/2016Q116$0.04$0.05$11.14 million$11.40 millionViewListenView Earnings Details
2/8/2016Q4$0.05$0.05$11.10 million$11.10 millionViewListenView Earnings Details
10/19/2015Q315$0.05$0.06$10.31 million$10.40 millionViewListenView Earnings Details
7/27/2015Q215$0.03$0.06$9.70 million$9.84 millionViewListenView Earnings Details
4/27/2015Q115($0.01)$0.02$8.71 million$9.10 millionViewListenView Earnings Details
2/9/2015Q414$0.02$0.03$8.70 million$9.00 millionViewListenView Earnings Details
10/27/2014Q3($0.04)$0.02$8.30 million$8.50 millionViewListenView Earnings Details
7/28/2014Q2$0.01$7.70 million$8.00 millionViewListenView Earnings Details
5/1/2014Q1($0.03)($0.02)ViewListenView Earnings Details
10/28/2013Q313($0.03)$10.10 million$7.30 millionViewListenView Earnings Details
5/9/2013Q1 2013($0.04)ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for GigPeak (NYSE:GIG)
Current Year EPS Consensus Estimate: $0.23 EPS
Next Year EPS Consensus Estimate: $0.30 EPS

Dividends

Dividend History for GigPeak (NYSE:GIG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for GigPeak (NYSE:GIG)
Insider Trades by Quarter for GigPeak (NYSE:GIG)
Institutional Ownership by Quarter for GigPeak (NYSE:GIG)
Insider Trades by Quarter for GigPeak (NYSE:GIG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/10/2016Andrea Betti-BeruttoInsiderSell67,778$2.00$135,556.00View SEC Filing  
6/10/2016Avi S KatzCEOSell410,000$2.00$820,000.00View SEC Filing  
6/10/2016Darren MaCFOSell25,000$2.00$50,000.00View SEC Filing  
6/10/2016Kimberly D C TrappDirectorSell15,000$2.00$30,000.00View SEC Filing  
6/10/2016Raluca DinuCOOSell54,000$2.00$108,000.00View SEC Filing  
2/12/2016Kimberly D C TrappDirectorSell30,000$2.11$63,300.00View SEC Filing  
11/20/2015John J. MikulskyDirectorSell40,000$2.28$91,200.00View SEC Filing  
8/21/2015Andrea Betti-BeruttoInsiderSell27,000$1.70$45,900.00View SEC Filing  
8/21/2015Avi S KatzCEOSell250,000$1.70$425,000.00View SEC Filing  
8/21/2015John J MikulskyDirectorSell5,000$1.70$8,500.00View SEC Filing  
5/14/2015John J MikulskyDirectorSell5,000$1.51$7,550.00View SEC Filing  
5/12/2015Raluca DinuSVPSell21,594$1.49$32,175.06View SEC Filing  
3/5/2015Avi S KatzCEOSell46,264$1.36$62,919.04View SEC Filing  
3/5/2015Neil MiottoDirectorSell23,000$1.29$29,670.00View SEC Filing  
3/4/2015Kimberly D C TrappDirectorSell35,000$1.34$46,900.00View SEC Filing  
12/3/2014Raluca DinuSVPSell23,000$1.15$26,450.00View SEC Filing  
8/6/2014Frank SchneiderDirectorSell34,000$1.32$44,880.00View SEC Filing  
5/31/2013Andrea Betti-BeruttoInsiderSell37,273$1.67$62,245.91View SEC Filing  
8/28/2012Neil MiottoDirectorBuy3,000$2.20$6,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for GigPeak (NYSE:GIG)
Latest Headlines for GigPeak (NYSE:GIG)
Source:
DateHeadline
finance.yahoo.com logoGigPeak Announces 64Gbaud SMT Quad Linear Modulator Driver for Next-Generation Coherent Systems (NYSE:GIG)
finance.yahoo.com - March 15 at 5:45 PM
biz.yahoo.com logoGIGPEAK, INC. Files SEC form 10-K, Annual Report (NYSE:GIG)
biz.yahoo.com - March 15 at 5:45 PM
businesswire.com logoGigPeak to Showcase Live Demos at OFC 2017 Addressing the Challenges of Massive Growth in Networking and ... - Business Wire (press release) (NYSE:GIG)
www.businesswire.com - March 15 at 8:35 AM
finance.yahoo.com logoGigPeak to Showcase Live Demos at OFC 2017 Addressing the Challenges of Massive Growth in Networking and Cloud Connectivity (NYSE:GIG)
finance.yahoo.com - March 14 at 4:43 PM
finance.yahoo.com logoSHAREHOLDER UPDATE: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of GigPeak, Inc. -GIG (NYSE:GIG)
finance.yahoo.com - March 10 at 6:34 PM
News IconGigPeak Inc (GIG) Given Average Recommendation of “Buy” by Brokerages (NYSE:GIG)
www.americanbankingnews.com - March 9 at 1:51 PM
reuters.com logoBRIEF-Integrated Device commences previously announced cash tender offer to acquire Gigpeak (NYSE:GIG)
www.reuters.com - March 8 at 3:15 AM
businesswire.com logoIntegrated Device Technology, Inc. Commences Previously ... - Business Wire (press release) (NYSE:GIG)
www.businesswire.com - March 7 at 5:12 PM
biz.yahoo.com logoGIGPEAK, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:GIG)
biz.yahoo.com - March 6 at 5:04 PM
prnewswire.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of GigPeak, Inc. - GIG - PR Newswire (press release) (NYSE:GIG)
www.prnewswire.com - March 5 at 11:18 AM
moodys.com logoIntegrated Device Technology, Inc. -- Moody's rates Integrated Device Technology; Ba2 CFR and Baa3 senior secured; outlook stable (NYSE:GIG)
www.moodys.com - March 2 at 5:43 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces the Filing of Litigation Against The Board of Directors of GigPeak, Inc. - GIG (NYSE:GIG)
finance.yahoo.com - February 22 at 12:07 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of GigPeak, Inc. And Encourages Investors To Contact The Firm For Additional Information (NYSE:GIG)
finance.yahoo.com - February 16 at 5:21 PM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of GigPeak, Inc. (NYSE:GIG)
finance.yahoo.com - February 16 at 5:21 PM
finance.yahoo.com logoWEISSLAW LLP: GigPeak Inc. Acquisition May Not Be in the Best Interests of GIG Shareholders (NYSE:GIG)
finance.yahoo.com - February 16 at 5:21 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of GigPeak, Inc. - GIG (NYSE:GIG)
finance.yahoo.com - February 16 at 5:21 PM
finance.yahoo.com logoGIGPEAK, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Integrated Device Technology, Inc. May be Unfair to Shareholders (NYSE:GIG)
finance.yahoo.com - February 16 at 5:21 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of GigPeak, Inc. And Encourages Shareholders To Contact The Firm For Additional Information (NYSE:GIG)
finance.yahoo.com - February 16 at 5:21 PM
biz.yahoo.com logoGIGPEAK, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:GIG)
biz.yahoo.com - February 16 at 5:21 PM
finance.yahoo.com logoIDT to Acquire GigPeak for $3.08 per Share - Yahoo Finance (NYSE:GIG)
finance.yahoo.com - February 14 at 11:39 PM
finance.yahoo.com logoGIGPEAK, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout (NYSE:GIG)
finance.yahoo.com - February 14 at 11:38 PM
finance.yahoo.com logoGigPeak downgraded by Raymond James (NYSE:GIG)
finance.yahoo.com - February 14 at 6:38 PM
finance.yahoo.com logoGigPeak (GIG) Alert: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of GigPeak, Inc.; Is $3.08 a Fair Price? (NYSE:GIG)
finance.yahoo.com - February 14 at 6:38 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of GigPeak, Inc. for $3.08 Per Share is Fair to Shareholders - GIG (NYSE:GIG)
finance.yahoo.com - February 14 at 6:38 PM
streetinsider.com logoIntegrated Device Technology (IDTI) to Acquire GigPeak (GIG) for $3.08/Share - StreetInsider.com (NYSE:GIG)
www.streetinsider.com - February 13 at 6:17 PM
marketwatch.com logoIDT Inc. to buy GigPeak Inc. for $250 million all-cash deal - MarketWatch (NYSE:GIG)
www.marketwatch.com - February 13 at 6:17 PM
biz.yahoo.com logoGIGPEAK, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements a (NYSE:GIG)
biz.yahoo.com - February 13 at 6:17 PM
biz.yahoo.com logoQ4 2016 GigPeak Inc Earnings Release - After Market Close (NYSE:GIG)
biz.yahoo.com - February 13 at 11:47 AM
biz.yahoo.com logoGigPeak Inc Earnings Call scheduled for 5:00 pm ET today (NYSE:GIG)
biz.yahoo.com - February 13 at 11:47 AM

Social

Frequently Asked Questions for GigPeak (NYSE:GIG)

What is GigPeak's stock symbol?

GigPeak trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIG."

How were GigPeak's earnings last quarter?

GigPeak Inc (NYSE:GIG) posted its earnings results on Monday, February, 13th. The company reported $0.05 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.05.

When will GigPeak make its next earnings announcement?

GigPeak is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

What guidance has GigPeak issued on next quarter's earnings?

GigPeak issued an update on its fourth quarter earnings guidance on Monday, January, 4th. The company provided earnings per share guidance of $0.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.04. The company issued revenue guidance of $11.1 million, compared to the consensus revenue estimate of $10.77 million.

Where is GigPeak's stock going? Where will GigPeak's stock price be in 2017?

7 brokers have issued 1 year target prices for GigPeak's stock. Their forecasts range from $3.50 to $6.00. On average, they expect GigPeak's share price to reach $4.31 in the next twelve months.

Are investors shorting GigPeak?

GigPeak saw a drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,126,594 shares, a drop of 12.4% from the January 31st total of 1,286,619 shares. Based on an average trading volume of 4,265,081 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.9% of the company's shares are short sold.

Who owns GigPeak stock?

GigPeak's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Unterberg Capital LLC (5.74%), Soros Fund Management LLC (2.87%), Dimensional Fund Advisors LP (1.50%), Renaissance Technologies LLC (1.43%), State Street Corp (1.18%) and Signia Capital Management LLC (1.16%). Company insiders that own GigPeak stock include Andrea Betti-Berutto, Avi S Katz, Darren Ma, John J Mikulsky, Kimberly D C Trapp and Raluca Dinu.

Who sold GigPeak stock? Who is selling GigPeak stock?

GigPeak's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, AQR Capital Management LLC, Allianz Asset Management AG and Soros Fund Management LLC. Company insiders that have sold GigPeak stock in the last year include Andrea Betti-Berutto, Avi S Katz, Darren Ma, Kimberly D C Trapp and Raluca Dinu.

Who bought GigPeak stock? Who is buying GigPeak stock?

GigPeak's stock was bought by a variety of institutional investors in the last quarter, including Unterberg Capital LLC, Signia Capital Management LLC, Dimensional Fund Advisors LP, State Street Corp, Cadence Capital Management LLC and Raymond James Financial Services Advisors Inc..

How do I buy GigPeak stock?

Shares of GigPeak can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of GigPeak stock cost?

One share of GigPeak stock can currently be purchased for approximately $3.07.

GigPeak (GIG) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff