Northland Capital raised the price target for the Power Integrations Inc. (NASDAQ:POWI) stock from “an Under perform” to “a Market perform”. The rating was released on February 26, 2024, according to finviz. The research report from TD Cowen has reiterated the stock to Market Perform, with a price target set at $80. The stock was downgraded by Northland Capital, who disclosed in a research note on July 17, 2023, from Outperform to Market Perform and set the price objective to $82. In their research brief published May 01, 2023, Northland Capital analysts upgraded the Power Integrations Inc. stock from Market Perform to Outperform with a price target of $82.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated 2.07% within the last five trades and -4.40% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -4.51% in the last 6 months and -15.74% was subtracted to its value over the previous 3 months. POWI stock is trading at a margin of -1.53%, -5.14% and -13.94% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, POWI deals in the Technology domain. The stock is trading -32.78 percent below its 52-week high and 7.77 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -15.32. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Power Integrations Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 7.89 percent and the profit margin is 12.54 percent, and the company has reported a gross margin of 51.50 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $3.81 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Power Integrations Inc. (NASDAQ:POWI) is 69.17. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 32.30. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 8.57 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 5.05, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 2.07 percent of Power Integrations Inc. shares are owned by insiders, and 104.90 percent are held by financial institutions. BALAKRISHNAN BALU, the President and CEO at Power Integrations Inc. (POWI) has sold 9,799 shares of firm on Apr 02 ’24 at a price of $68.61 against the total amount of $0.67 million. In another inside trade, NAYYAR SANDEEP, Chief Financial Officer of Power Integrations Inc. (NASDAQ:POWI) sold 1,946 shares of the firm on Apr 02 ’24 for a total worth of $0.13 million at a price of $69.04. An inside trade which took place on Apr 02 ’24, VP of Technology, Engineering of Power Integrations Inc. Barsan Radu sold 1,687 shares of firm against total price of $0.12 million at the cost of $69.04 per share.
