Insider’s View: Deciphering Pixelworks Inc (PXLW)’s Financial Health Through Ratios

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The price of Pixelworks Inc (NASDAQ: PXLW) closed at $1.87 in the last session, up 3.03% from day before closing price of $1.82. In other words, the price has increased by $3.03 from its previous closing price. On the day, 0.38 million shares were traded. PXLW stock price reached its highest trading level at $1.885 during the session, while it also had its lowest trading level at $1.77.

Ratios:

We take a closer look at PXLW’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.94 and its Current Ratio is at 5.26. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.31.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on February 09, 2024, Reiterated its Buy rating but revised its target price to $3.50 from $3 previously.

On January 18, 2022, Colliers Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $5.

On October 11, 2021, Needham started tracking the stock assigning a Buy rating and target price of $7.Needham initiated its Buy rating on October 11, 2021, with a $7 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 16 ’24 when Aman Haley F sold 12,563 shares for $2.65 per share. The transaction valued at 33,330 led to the insider holds 307,973 shares of the business.

DEBONIS TODD sold 56,412 shares of PXLW for $144,144 on Feb 15 ’24. The President and CEO now owns 1,565,065 shares after completing the transaction at $2.56 per share. On Feb 15 ’24, another insider, Aman Haley F, who serves as the Chief Financial Officer of the company, sold 17,926 shares for $2.56 each. As a result, the insider received 45,804 and left with 320,536 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, PXLW now has a Market Capitalization of 108080200 and an Enterprise Value of 117955152. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 8.52. Its current Enterprise Value per Revenue stands at 1.977 whereas that against EBITDA is -4.577.

Stock Price History:

The Beta on a monthly basis for PXLW is 1.71, which has changed by 0.17610061 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. Over the past 52 weeks, PXLW has reached a high of $3.08, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -16.94%, while the 200-Day Moving Average is calculated to be 13.15%.

Shares Statistics:

According to the various share statistics, PXLW traded on average about 476.61K shares per day over the past 3-months and 301390 shares per day over the past 10 days. A total of 57.13M shares are outstanding, with a floating share count of 51.52M. Insiders hold about 10.87% of the company’s shares, while institutions hold 23.78% stake in the company. Shares short for PXLW as of 1714435200 were 514362 with a Short Ratio of 1.08, compared to 1711584000 on 780300. Therefore, it implies a Short% of Shares Outstanding of 514362 and a Short% of Float of 0.9299999999999999.

Earnings Estimates

The stock of Pixelworks Inc (PXLW) is currently being evaluated by 3.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.08, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.08.

Analysts are recommending an EPS of between -$0.18 and -$0.2 for the fiscal current year, implying an average EPS of -$0.19. EPS for the following year is $0.04, with 3.0 analysts recommending between $0.1 and $0.0.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $16M. It ranges from a high estimate of $16M to a low estimate of $16M. As of the current estimate, Pixelworks Inc’s year-ago sales were $9.97MFor the next quarter, 3 analysts are estimating revenue of $16.5M. There is a high estimate of $17M for the next quarter, whereas the lowest estimate is $16M.

A total of 3 analysts have provided revenue estimates for PXLW’s current fiscal year. The highest revenue estimate was $78.5M, while the lowest revenue estimate was $76.9M, resulting in an average revenue estimate of $77.47M. In the same quarter a year ago, actual revenue was $59.68MBased on 3 analysts’ estimates, the company’s revenue will be $103.83M in the next fiscal year. The high estimate is $110M and the low estimate is $100M.

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