Cypress Semiconductor Corporation (CY) Formed Double Top Chart Pattern; Buyers Could Thrive

Gladys Abbott
September 18, 2017

Cypress Semiconductor Corp now has $4.76B valuation. As of the last earnings report the EPS was $0.68 and is expected to be $1.39 for the current year with 421,563,000 shares outstanding.

About 169,059 shares traded. Lattice Semiconductor Corp (NASDAQ:LSCC) has risen 35.73% since September 15, 2016 and is uptrending. It has outperformed by 54.06% the S&P500. August 8 investment analysts at Credit Suisse maintained a company rating of "Equal-Weight" but raised the price expectation to $17.00 from $11.50. Needham has "Buy" rating and $20 target. The stock has "Neutral" rating by Goldman Sachs on Wednesday, September 13. A 3 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:SCS) or, if they already own its stock, sell it. Of the 4 analysts surveyed by Reuters that track LSCC 4 of them rate its stock a hold. The firm earned "Outperform" rating on Thursday, January 7 by Wedbush.

TRADEMARK VIOLATION WARNING: "ON Semiconductor Corporation's (ON) "Hold" Rating Reiterated at KeyCorp" was published by BBNS and is the sole property of of BBNS. The rating was initiated by Loop Capital on Tuesday, December 6 with "Buy". The company was upgraded on Thursday, November 26 by Warburg Research. About 8.27M shares traded. Alliancebernstein L P owns 318,268 shares. However, it, too, needs to be taken into the context of a company's peer group as well as its sector.

Since May 16, 2017, it had 0 insider purchases, and 1 insider sale for $63,594 activity. BENHAMOU ERIC had sold 50,000 shares worth $709,075 on Monday, March 20.

Cypress Semiconductor Corporati recently declared a dividend that was paid on Thu Jul 20, 2017.

Investors sentiment increased to 1.51 in Q4 2016. Its up 0.23, from 1.27 in 2016Q3.

More news: University of Memphis knocks off #25 UCLA

Institutional investors have recently added to or reduced their stakes in the company. Deutsche Bancorporation Ag reported 1.68M shares. The SI to Lattice Semiconductor Corporation's float is 2.38%.

The company is trading down since yesterday's close of 5.72. Huntington Financial Bank holds 0% or 14,359 shares in its portfolio. At present, 0 analysts call it Sell, while 4 think it is Hold. The Ohio-based Victory Capital Mngmt has invested 0.14% in Cypress Semiconductor Corporation (NASDAQ:CY).

Cypress Semiconductor Corporation (NASDAQ:CY) last released its quarterly earnings data on Thursday, July 27th. (NYSE:CF) sales have annually surged -9.60% on average, however its earnings per share growth remained at -17.80%. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2017/09/17/alliancebernstein-l-p-acquires-380718-shares-of-cypress-semiconductor-corporation-cy.html. Morgan Stanley invested in 0% or 683,958 shares. 150,841 were reported by Barclays Public Lc.

Blackrock Inc increased Intel Corp (INTC) stake by 111390.36% reported in 2016Q4 SEC filing. Metropolitan Life Ny has 299,829 shares for 0.02% of their portfolio. The shares price has directed 22.33% toward a higher level throughout a year ago and swapped 5.69% toward a strong spot during past one month. Tdam Usa holds 148,401 shares. The rating was maintained by Jefferies on Monday, July 10 with "Hold". Therefore 55% are positive. BidaskClub downgraded shares of Lattice Semiconductor Corporation from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 12th. Jefferies maintained the shares of LSCC in report on Monday, September 11 with "Hold" rating. The company was upgraded on Monday, June 13 by Pacific Crest. ON Semiconductor Corp (NASDAQ:ON) has risen 70.76% since September 15, 2016 and is uptrending. As per Thursday, September 14, the company rating was maintained by Craig Hallum. Wellington Management Group LLP now owns 688,092 shares of the semiconductor company's stock valued at $10,659,000 after purchasing an additional 482,387 shares during the last quarter. The firm has "Buy" rating by Mizuho given on Thursday, June 22. The company was initiated on Wednesday, February 24 by Craig Hallum. However, the company's most recent quarter decrease of -29.1% looks unattractive. The stock opened the day at $14.11, and settled at $14.14 by the end to experience a -0.14% change. The shares were sold on August 9th for an average price of $16.31. It has outperformed by 19.24% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by LeisureTravelAid

Discuss This Article

FOLLOW OUR NEWSPAPER