$-0.04 EPS Expected for QuickLogic Corporation (QUIK)

October 13, 2017 - By test

 $ 0.04 EPS Expected for QuickLogic Corporation (QUIK)
Investors sentiment decreased to 1 in 2017 Q2. Its down 2.75, from 3.75 in 2017Q1. It fall, as 8 investors sold QuickLogic Corporation shares while 11 reduced holdings. 5 funds opened positions while 14 raised stakes. 15.20 million shares or 52.44% less from 31.95 million shares in 2017Q1 were reported.
Moreover, Morgan Stanley has 0% invested in QuickLogic Corporation (NASDAQ:QUIK). Cutter And Commerce Brokerage Inc has invested 0.01% of its portfolio in QuickLogic Corporation (NASDAQ:QUIK). Firsthand Mgmt reported 1.03 million shares. Guggenheim Cap Limited Com invested in 23,000 shares or 0% of the stock. Pnc Fin Serv Group owns 50,000 shares or 0% of their US portfolio. State Street Corp accumulated 20,574 shares or 0% of the stock. 10,000 are owned by Oppenheimer & Incorporated. Philadelphia Tru stated it has 0% of its portfolio in QuickLogic Corporation (NASDAQ:QUIK). Retail Bank Of New York Mellon Corporation, New York-based fund reported 79,489 shares. Goldman Sachs Group Inc Inc holds 0% of its portfolio in QuickLogic Corporation (NASDAQ:QUIK) for 12,063 shares. Susquehanna International Grp Incorporated Llp holds 0% of its portfolio in QuickLogic Corporation (NASDAQ:QUIK) for 221,390 shares. One Trading L P invested 0% in QuickLogic Corporation (NASDAQ:QUIK). Art Advisors Limited Liability Company accumulated 16,602 shares. Creative Planning has invested 0% in QuickLogic Corporation (NASDAQ:QUIK). First Republic Invest Mngmt has 15,423 shares.

Analysts await QuickLogic Corporation (NASDAQ:QUIK) to report earnings on November, 1. They expect $-0.04 EPS, up 42.86 % or $0.03 from last year’s $-0.07 per share. After $-0.05 actual EPS reported by QuickLogic Corporation for the previous quarter, Wall Street now forecasts -20.00 % EPS growth. The stock decreased 1.81% or $0.03 on October 13, reaching $1.63. About 141,089 shares traded. QuickLogic Corporation (NASDAQ:QUIK) has risen 42.27% since October 13, 2016 and is uptrending. It has outperformed by 25.57% the S&P500.

QuickLogic Corporation (NASDAQ:QUIK) Ratings Coverage

Among 2 analysts covering QuickLogic (NASDAQ:QUIK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. QuickLogic had 3 analyst reports since February 6, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Monday, February 6 by Craig Hallum. The rating was upgraded by Roth Capital on Monday, September 11 to “Buy”.

QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The company has market cap of $130.58 million. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things . It currently has negative earnings. The Firm is a fabless semiconductor well-known provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs).

More notable recent QuickLogic Corporation (NASDAQ:QUIK) news were published by: Seekingalpha.com which released: “The $20 QuickLogic Trick?” on March 15, 2017, also Globenewswire.com with their article: “QuickLogic Partners with AcconSys to Expand eFPGA Design Activity in China” published on October 11, 2017, Seekingalpha.com published: “QuickLogic: Under The Radar Semiconductor Turnaround Poised For Liftoff” on November 17, 2016. More interesting news about QuickLogic Corporation (NASDAQ:QUIK) were released by: Seekingalpha.com and their article: “QuickLogic: Show Us The Money” published on May 15, 2017 as well as Seekingalpha.com‘s news article titled: “QuickLogic: Gear Fit 2 Pro – Let The Games Begin…” with publication date: September 01, 2017.

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