EPS for MagnaChip Semiconductor Corporation (MX) Expected At $0.24

January 13, 2018 - By Migdalia James

 EPS for MagnaChip Semiconductor Corporation (MX) Expected At $0.24
Investors sentiment increased to 1.17 in Q3 2017. Its up 0.17, from 1 in 2017Q2. It increased, as 9 investors sold MagnaChip Semiconductor Corporation shares while 20 reduced holdings. 19 funds opened positions while 15 raised stakes. 23.94 million shares or 10.33% less from 26.70 million shares in 2017Q2 were reported.
Shell Asset Management Co has invested 0.02% in MagnaChip Semiconductor Corporation (NYSE:MX). Goldman Sachs Group holds 0% or 12,540 shares in its portfolio. Walleye Trading Limited Company reported 15,994 shares or 0% of all its holdings. Jpmorgan Chase Co stated it has 0% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). Cohen Capital Management owns 155,026 shares or 0.43% of their US portfolio. Mckinley Cap Management Limited Liability Company Delaware stated it has 262,658 shares or 0.12% of all its holdings. Silverback Asset Mngmt Limited Liability Company stated it has 562,000 shares or 1.02% of all its holdings. Clarivest Asset Mgmt Ltd has 0.02% invested in MagnaChip Semiconductor Corporation (NYSE:MX). Fmr Ltd Liability Com reported 316,198 shares stake. Group Incorporated One Trading Limited Partnership holds 0.01% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX) for 85,386 shares. Deutsche Bancorporation Ag invested in 0% or 9,127 shares. 427,000 were reported by Point72 Asset Mgmt L P. Wells Fargo And Mn invested 0% in MagnaChip Semiconductor Corporation (NYSE:MX). Federated Pa reported 0% in MagnaChip Semiconductor Corporation (NYSE:MX). Springowl Associate Limited Liability Co has invested 1.03% in MagnaChip Semiconductor Corporation (NYSE:MX).

Analysts expect MagnaChip Semiconductor Corporation (NYSE:MX) to report $0.24 EPS on February, 8.They anticipate $1.66 EPS change or 116.90 % from last quarter’s $-1.42 EPS. MX’s profit would be $8.19M giving it 11.72 P/E if the $0.24 EPS is correct. After having $0.27 EPS previously, MagnaChip Semiconductor Corporation’s analysts see -11.11 % EPS growth. The stock increased 1.81% or $0.2 during the last trading session, reaching $11.25. About 264,610 shares traded. MagnaChip Semiconductor Corporation (NYSE:MX) has risen 76.77% since January 13, 2017 and is uptrending. It has outperformed by 60.07% the S&P500.

MagnaChip Semiconductor Corporation (NYSE:MX) Ratings Coverage

Among 5 analysts covering MagnaChip Semi (NYSE:MX), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. MagnaChip Semi has $1500 highest and $5 lowest target. $11.25’s average target is 0.00% above currents $11.25 stock price. MagnaChip Semi had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of MagnaChip Semiconductor Corporation (NYSE:MX) earned “Buy” rating by Needham on Thursday, July 13. The firm has “Neutral” rating by Citigroup given on Monday, August 7. Roth Capital maintained MagnaChip Semiconductor Corporation (NYSE:MX) rating on Wednesday, August 30. Roth Capital has “Buy” rating and $15.0 target. Roth Capital initiated the shares of MX in report on Thursday, September 29 with “Buy” rating. Needham upgraded MagnaChip Semiconductor Corporation (NYSE:MX) rating on Friday, January 13. Needham has “Buy” rating and $10 target. The stock has “Buy” rating by Topeka Capital Markets on Friday, October 30. On Wednesday, June 14 the stock rating was maintained by Roth Capital with “Buy”. Topeka Capital Markets maintained MagnaChip Semiconductor Corporation (NYSE:MX) rating on Friday, May 6. Topeka Capital Markets has “Buy” rating and $6 target. The rating was initiated by TH Capital with “Buy” on Thursday, September 29. The stock of MagnaChip Semiconductor Corporation (NYSE:MX) earned “Buy” rating by Roth Capital on Wednesday, August 9.

MagnaChip Semiconductor Corporation designs, makes, and sells analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things applications worldwide. The company has market cap of $384.06 million. The firm operates through two divisions, Foundry Services Group, and Standard Products Group. It currently has negative earnings. It provides display solutions, including source and gate drivers and timing controllers that cover a wide range of flat panel displays used in ultra-high definition , high definition (HD), light emitting diode (LED), 3D and OLED televisions and displays, notebooks, and mobile communications and entertainment devices.

More news for MagnaChip Semiconductor Corporation (NYSE:MX) were recently published by: Prnewswire.com, which released: “MagnaChip Offers Multi-Level Thick IMD Process for Capacitor with Ultra-High …” on January 08, 2018. Seekingalpha.com‘s article titled: “MagnaChip Semiconductor Is Due For A Bounce” and published on December 15, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.