$0.14 EPS Expected for STMicroelectronics NV (ADR) (STM); Last Week QLogic (QLGC) Coverage

Among 7 analysts covering Qlogic (NASDAQ:QLGC), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Qlogic had 11 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, August 3, the company rating was downgraded by Summit Research. Morgan Stanley downgraded QLogic Corporation (NASDAQ:QLGC) rating on Thursday, July 23. Morgan Stanley has “Equal Weight” rating and $14 target. Argus Research downgraded the shares of QLGC in report on Friday, June 17 to “Hold” rating. Argus Research maintained the shares of QLGC in report on Tuesday, October 27 with “Buy” rating. The stock has “Buy” rating by Argus Research on Monday, August 3. The company was upgraded on Monday, August 31 by Summit Research. The stock of QLogic Corporation (NASDAQ:QLGC) has “Neutral” rating given on Friday, July 31 by DA Davidson. The rating was downgraded by BMO Capital Markets on Friday, July 31 to “Market Perform”. The firm has “Hold” rating given on Friday, June 17 by CAVM. See QLogic Corporation (NASDAQ:QLGC) latest ratings:

Analysts expect STMicroelectronics NV (ADR) (NYSE:STM) to report $0.14 EPS on April, 27 before the open.They anticipate $0.16 EPS change or 800.00% from last quarter’s $-0.02 EPS. STM’s profit would be $132.26 million giving it 28.73 P/E if the $0.14 EPS is correct. After having $0.16 EPS previously, STMicroelectronics NV (ADR)’s analysts see -12.50% EPS growth. It closed at $16.09 lastly. It is down 106.55% since September 19, 2016 and is uptrending. It has outperformed by 94.88% the S&P500.

Among 8 analysts covering STMicroelectronics (NYSE:STM), 3 have Buy rating, 2 Sell and 3 Hold. Therefore 38% are positive. STMicroelectronics had 12 analyst reports since July 22, 2015 according to SRatingsIntel. As per Thursday, October 27, the company rating was maintained by Craig Hallum. The firm has “Buy” rating given on Friday, October 14 by Craig Hallum. HSBC upgraded STMicroelectronics NV (ADR) (NYSE:STM) on Friday, July 24 to “Hold” rating. Zacks downgraded STMicroelectronics NV (ADR) (NYSE:STM) on Wednesday, August 5 to “Hold” rating. The firm has “Hold” rating given on Friday, October 30 by Craig Hallum. The firm has “Buy” rating given on Monday, September 14 by Natixis. On Friday, September 2 the stock rating was downgraded by Bank of America to “Underperform”. Citigroup downgraded STMicroelectronics NV (ADR) (NYSE:STM) on Wednesday, July 22 to “Neutral” rating. The firm has “Hold” rating by Kepler Cheuvreux given on Wednesday, January 27. The stock of STMicroelectronics NV (ADR) (NYSE:STM) earned “Underweight” rating by Morgan Stanley on Wednesday, January 4.

STMicroelectronics N.V. is a global semiconductor firm that designs, develops, makes and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits for analog, digital and mixed-signal applications. The company has market cap of $15.20 billion. The Company’s divisions include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others. It has a 86.8 P/E ratio. ADG comprises all dedicated automotive Integrated Circuits (ICs), and discrete and power transistor products.