During the last session, Pixelworks Inc (NASDAQ:PXLW)’s traded shares were 0.6 million, with the beta value of the company hitting 1.64. At the end of the trading day, the stock’s price was $0.81, reflecting an intraday gain of 7.79% or $0.06. The 52-week high for the PXLW share is $3.08, that puts it down -280.25 from that peak though still a striking 24.69% gain since the share price plummeted to a 52-week low of $0.61. The company’s market capitalization is $47.64M, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 319.04K shares over the past three months.
Pixelworks Inc (PXLW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. PXLW has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
Pixelworks Inc (NASDAQ:PXLW) trade information
Pixelworks Inc (PXLW) registered a 7.79% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.79% in intraday trading to $0.81, hitting a weekly high. The stock’s 5-day price performance is 15.21%, and it has moved by -1.39% in 30 days. Based on these gigs, the overall price performance for the year is -36.60%. The short interest in Pixelworks Inc (NASDAQ:PXLW) is 0.26 million shares and it means that shorts have 0.94 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.5, which implies an increase of 67.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $3 respectively. As a result, PXLW is trading at a discount of -270.37% off the target high and -146.91% off the low.
Pixelworks Inc (PXLW) estimates and forecasts
Statistics show that Pixelworks Inc has underperformed its competitors in share price, compared to the industry in which it operates. Pixelworks Inc (PXLW) shares have gone down -13.44% during the last six months, with a year-to-date growth rate less than the industry average at -13.16% against -1.50.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -33.77%. While earnings are projected to return -10.53% in 2025, the next five years will return 15.00% per annum.
PXLW Dividends
Pixelworks Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Pixelworks Inc (NASDAQ:PXLW)’s Major holders
Pixelworks Inc insiders own 11.42% of total outstanding shares while institutional holders control 21.90%, with the float percentage being 24.72%. VANGUARD GROUP INC is the largest shareholder of the company, while 49.0 institutions own stock in it. As of 2024-06-30, the company held over 3.28 million shares (or 5.7095% of all shares), a total value of $3.23 million in shares.
The next largest institutional holding, with 2.95 million shares, is of BAIRD FINANCIAL GROUP, INC.’s that is approximately 5.1306% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.9 million.
