Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Power Integrations Inc (NASDAQ: POWI) closed the day trading at $60.75 down -1.54% from the previous closing price of $61.70. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 0.55 million shares were traded. POWI stock price reached its highest trading level at $63.53 during the session, while it also had its lowest trading level at $60.3.
Ratios:
For a better understanding of POWI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.41. For the most recent quarter (mrq), Quick Ratio is recorded 6.70 and its Current Ratio is at 10.01. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On August 07, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $80 to $70.
Northland Capital Upgraded its Under Perform to Market Perform on February 26, 2024, while the target price for the stock was maintained at $67.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when WALKER CLIFFORD sold 10,000 shares for $64.36 per share. The transaction valued at 643,615 led to the insider holds 130,934 shares of the business.
CLIFFORD WALKER bought 10,000 shares of POWI for $644,383 on Nov 27 ’24. On Nov 11 ’24, another insider, Bailey Doug, who serves as the VP Marketing of the company, sold 8,549 shares for $64.96 each. As a result, the insider received 555,385 and left with 86,375 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, POWI now has a Market Capitalization of 3454524416 and an Enterprise Value of 3150774784. As of this moment, Power’s Price-to-Earnings (P/E) ratio for their current fiscal year is 92.86, and their Forward P/E ratio for the next fiscal year is 39.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.57 while its Price-to-Book (P/B) ratio in mrq is 4.61. Its current Enterprise Value per Revenue stands at 7.814 whereas that against EBITDA is 64.275.
Stock Price History:
Over the past 52 weeks, POWI has reached a high of $85.00, while it has fallen to a 52-week low of $56.63. The 50-Day Moving Average of the stock is -4.53%, while the 200-Day Moving Average is calculated to be -9.61%.
Shares Statistics:
Over the past 3-months, POWI traded about 351.85K shares per day on average, while over the past 10 days, POWI traded about 392690 shares per day. A total of 56.84M shares are outstanding, with a floating share count of 55.72M. Insiders hold about 2.01% of the company’s shares, while institutions hold 103.26% stake in the company. Shares short for POWI as of 1734048000 were 3863659 with a Short Ratio of 10.98, compared to 1731628800 on 3961637. Therefore, it implies a Short% of Shares Outstanding of 3863659 and a Short% of Float of 9.15.
Dividends & Splits
POWI’s forward annual dividend rate is 0.81, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.012965964The stock’s 5-year Average Dividend Yield is 0.82.
