Integrated Device Technology (NASDAQ:IDTI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.67 by 9 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Brean Capital initiates coverage on Integrated Device Technology (NASDAQ:IDTI) The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $26 per share. The rating by the firm was issued on May 23, 2016.
Integrated Device Technology (NASDAQ:IDTI): 8 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $26.25 in Integrated Device Technology (NASDAQ:IDTI). However, the stock price could fluctuate by $ 2.31 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $28 price target with the lower price estimate is calculated at $21
Integrated Device Technology (NASDAQ:IDTI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.83% or 0.18 points. After the session commenced at $21.87, the stock reached the higher end at $22.03 while it hit a low of $21.5. With the volume soaring to 1,730,829 shares, the last trade was called at $21.59. The company has a 52-week high of $29.04. The company has a market cap of $2,885 million and there are 133,634,284 shares in outstanding. The 52-week low of the share price is $14.5.
Integrated Device Technology, Inc. has lost 7.74% in the last five trading days and dropped 1.95% in the last 4 weeks. Integrated Device Technology, Inc. is up 4.91% in the last 3-month period. Year-to-Date the stock performance stands at -18.06%.
Integrated Device Technology, Inc. (IDT) is a developer of mixed-signal semiconductor solutions. The Company offers semiconductors for communications infrastructure in both wired and wireless. It designs, develops, manufactures and markets a range of semiconductor. It operates in two segments: the Communications segment and the Computing and Consumer segment. Its Communications segment includes clock and timing solutions, flow-control management devices, including Serial RapidIO switching solutions and radio frequency (RF) products. Its Computing and Consumer segment includes clock generation and distribution products, server memory interface products, PCI Express switching solutions, power management solutions and signal integrity products. It offers communications timing products, serial rapidIO solutions, RF products, consumer and computing timing products, memory interface products, PCI express switching solutions, power management solutions and signal integrity products.