News articles about Magnachip Semiconductor (NYSE:MX) have trended positive on Thursday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Magnachip Semiconductor earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 47.5815220021539 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Magnachip Semiconductor (MX) Rating Reiterated by Needham & Company LLC (americanbankingnews.com)
- Sonic Automotive, Inc. (SAH) -General Review of Institutional Investors: MagnaChip Semiconductor Corporation (MX) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Sonic Automotive, Inc. (SAH) -General Review of Institutional … – Wallstreet Investorplace (wallstreetinvestorplace.com)
- MagnaChip Semiconductor Corporation: MagnaChip Schedules Fourth Quarter 2017 Earnings Release and … – The Wall Street Transcript (twst.com)
- MagnaChip Schedules Fourth Quarter 2017 Earnings Release and Conference Call on February 6, 2018 (finance.yahoo.com)
A number of equities analysts have recently weighed in on the stock. Needham & Company LLC reissued a “buy” rating and set a $15.00 price target on shares of Magnachip Semiconductor in a research report on Wednesday. Zacks Investment Research cut shares of Magnachip Semiconductor from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th. TheStreet cut shares of Magnachip Semiconductor from a “c-” rating to a “d” rating in a research report on Thursday, November 2nd. Finally, ValuEngine cut shares of Magnachip Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $12.67.
Magnachip Semiconductor (NYSE:MX) last issued its quarterly earnings data on Wednesday, November 1st. The semiconductor company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. research analysts anticipate that Magnachip Semiconductor will post 0.7 EPS for the current year.
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Magnachip Semiconductor Company Profile
MagnaChip Semiconductor Corporation is a designer and manufacturer of analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive and Internet of Things (IoT) applications. The Company provides technology platforms for analog, mixed signal, power, high voltage, non-volatile memory and Radio Frequency (RF) applications.
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