A look into Quicklogic Corp (QUIK)’s deeper side

With 95501.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.15 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $7.82 whereas the lowest price it dropped to was $7.51. The 52-week range on QUIK shows that it touched its highest point at $20.75 and its lowest point at $6.75 during that stretch. It currently has a 1-year price target of $11.50. Beta for the stock currently stands at 1.59.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of QUIK was up-trending over the past week, with a rise of 9.32%, but this was down by -0.26% over a month. Three-month performance dropped to -4.09% while six-month performance fell -40.28%. The stock lost -38.13% in the past year, while it has lost -44.16% so far this year. A look at the trailing 12-month EPS for QUIK yields -0.10 with Next year EPS estimates of 0.16. For the next quarter, that number is 0.03. This implies an EPS growth rate of -85.29% for this year and 540.00% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 60.97%.

Float and Shares Shorts:

At present, 14.12 million QUIK shares are outstanding with a float of 13.47 million shares on hand for trading. On 2024-11-15, short shares totaled 1.6 million, which was 1087.0 higher than short shares on 1728950400. In addition to Mr. Brian C. Faith as the firm’s President, CEO & Director, Mr. Elias N. Nader serves as its CFO, Principal Accounting Officer & Senior VP of Finance.

Institutional Ownership:

Through their ownership of 0.30521 of QUIK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-29, QUIK reported revenue of $4273000.0 and operating income of -$1861000.0. The EBITDA in the recently reported quarter was -$872000.0 and diluted EPS was -$0.14.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for QUIK since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With QUIK analysts setting a high price target of 13.0 and a low target of 10.0, the average target price over the next 12 months is 11.5. Based on these targets, QUIK could surge 67.96% to reach the target high and rise by 29.2% to reach the target low. Reaching the average price target will result in a growth of 48.58% from current levels.

Analysts have provided yearly estimates in a range of $0.02592665 being high and $0.02407335 being low. For QUIK, this leads to a yearly average estimate of $0.025. The surprise factor in the prior quarter was $0. Based on analyst estimates, the high estimate for the next quarter is $0.01 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.01.