Pixelworks (PXLW) Earns Daily Media Impact Rating of 0.20

News stories about Pixelworks (NASDAQ:PXLW) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Pixelworks earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 45.3810588365584 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Pixelworks (NASDAQ:PXLW) traded up $0.27 on Wednesday, hitting $6.60. 346,800 shares of the company traded hands, compared to its average volume of 268,300. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.72 and a current ratio of 1.98. Pixelworks has a 1 year low of $2.80 and a 1 year high of $6.73. The firm has a market cap of $227.78, a PE ratio of 35.17 and a beta of 0.60.

Pixelworks (NASDAQ:PXLW) last posted its earnings results on Tuesday, November 7th. The semiconductor company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.05. Pixelworks had a negative net margin of 0.36% and a positive return on equity of 20.65%. The firm had revenue of $18.76 million during the quarter, compared to analysts’ expectations of $18.53 million. During the same period in the previous year, the business posted ($0.02) EPS. The business’s revenue was up 37.3% compared to the same quarter last year. analysts forecast that Pixelworks will post 0.09 earnings per share for the current fiscal year.

Several research firms have recently commented on PXLW. Roth Capital reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Pixelworks in a report on Tuesday. Zacks Investment Research upgraded shares of Pixelworks from a “hold” rating to a “strong-buy” rating and set a $6.25 target price for the company in a research note on Thursday, December 7th. Finally, Dougherty & Co boosted their target price on shares of Pixelworks from $6.50 to $7.50 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Three research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $6.81.

In related news, CFO Steven L. Moore sold 74,999 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $5.88, for a total value of $440,994.12. Following the completion of the transaction, the chief financial officer now directly owns 496,570 shares in the company, valued at approximately $2,919,831.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 4.50% of the company’s stock.

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About Pixelworks

Pixelworks, Inc designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices.

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