Pixelworks (NASDAQ:PXLW) Given Daily Media Sentiment Score of 0.28

Media coverage about Pixelworks (NASDAQ:PXLW) has trended positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pixelworks earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 46.2294871894162 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:

PXLW has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Pixelworks from a “sell” rating to a “hold” rating in a research note on Wednesday, July 26th. TheStreet upgraded shares of Pixelworks from a “d” rating to a “c” rating in a report on Friday, April 28th. Finally, Lake Street Capital lifted their price target on shares of Pixelworks from $4.00 to $5.50 and gave the stock a “buy” rating in a report on Friday, April 28th.

Pixelworks (NASDAQ:PXLW) traded down 0.45% on Friday, hitting $4.41. 330,503 shares of the stock were exchanged. The company’s 50 day moving average price is $4.76 and its 200-day moving average price is $4.58. The company has a market cap of $131.27 million, a P/E ratio of 42.82 and a beta of 0.72. Pixelworks has a one year low of $2.17 and a one year high of $6.22.

Pixelworks (NASDAQ:PXLW) last released its earnings results on Tuesday, August 8th. The semiconductor company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.03. The firm had revenue of $20.72 million during the quarter, compared to the consensus estimate of $20.50 million. Pixelworks had a return on equity of 21.64% and a net margin of 4.35%. The company’s revenue was up 64.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.03) EPS. Equities research analysts predict that Pixelworks will post $0.16 EPS for the current fiscal year.

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Pixelworks Company Profile

Pixelworks, Inc designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices.

Insider Buying and Selling by Quarter for Pixelworks (NASDAQ:PXLW)

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