Consensus score reveals Buy position in Technology Stock: Cypress Semiconductor Corporation (CY)

Oppenheimer Holdings, Inc. reiterated their hold rating on shares of Microsemi Corporation (NASDAQ:MSCC) in a report published on Friday.

MSCC has been the topic of a number of other research reports. Finally, TheStreet upgraded shares of Microsemi Corp. from a "hold" rating to a "buy" rating in a research note on Friday, July 29th. BMO Capital Markets restated a buy rating and issued a $62.00 price target on shares of Microsemi Corporation in a research note on Thursday, July 20th. KeyCorp initiated coverage on shares of Microsemi Corporation in a research note on Monday, July 24th. The brokerage now has a $61.00 price objective on the semiconductor company's stock. "Given management's solid execution on margins, cash flow generation and deleveraging, combined with demonstrable organic revenue growth, we reiterate our Buy rating and $61 price target.", the firm's analyst wrote. The stock's market cap is $5.43 billion. The analyst recommendations from a month ago are 1 Buy, 6 Strong Buy, 0 Sell, 1 Hold and 2. Susquehanna Bancshares updated its forecast on MSCC with a rating of "Buy" and establishing a price target of $70.00.

Over the past 50 days, Lattice Semiconductor Corporation (NASDAQ:LSCC) stock was -0.23% off of the high and 30.30% removed from the low. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.29 and a current ratio of 1.92. Their 52-Week High and Low are noted here.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last announced its earnings results on Tuesday, November 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.08 by $0.01. Over the last quarter, insiders have sold 231,467 shares of company stock worth $12,340,556. Microsemi Corporation had a return on equity of 20.82% and a net margin of 9.73%. Microsemi Corporation's revenue for the quarter was up 5.6% compared to the same quarter past year. During the same quarter in the prior year, the firm posted $0.91 EPS. research analysts predict that Microsemi Corporation will post 3.62 earnings per share for the current year. If you are reading this report on another website, it was copied illegally and republished in violation of US & worldwide copyright & trademark legislation. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of U.S. and worldwide trademark and copyright legislation. The correct version of this news story can be accessed at https://stocknewstimes.com/2017/11/14/microsemi-corporation-mscc-downgraded-by-zacks-investment-research.html. This buyback authorization permits the semiconductor company to purchase up to 43% of its shares through open market purchases. Dubuque Bank & Trust Co. now owns 3,071 shares of the semiconductor company's stock valued at $144,000 after buying an additional 93 shares during the last quarter.

Zynga Inc.is maintained at an average outperform rating by 15 stock analysts, and there are at least 2.66% of shares outstanding that are now legally short sold. The shares were sold at an average price of $52.33, for a total value of $261,650.00. Active and passive investors always require every bit of information available regarding his chosen security and this include keeping close watch on fundamental and technical data.

In related news, VP Frederick C. Goerner sold 4,000 shares of the firm's stock in a transaction on Tuesday, August 9th. Following the transaction, the chief operating officer now directly owns 88,512 shares of the company's stock, valued at $4,753,979.52. The disclosure for this sale can be found here.

Several institutional investors have recently made changes to their positions in MSCC. Somerset Trust Co now owns 11,343 shares of the semiconductor company's stock valued at $531,000 after purchasing an additional 47 shares during the last quarter. Finally, Quantitative Systematic Strategies LLC acquired a new position in shares of Microsemi Corporation in the 2nd quarter worth approximately $219,000. LP now owns 1,706,865 shares of the semiconductor company's stock valued at $79,881,000 after buying an additional 788,129 shares during the period. BTC Capital Management Inc. acquired a new position in shares of Microsemi Corporation during the third quarter valued at about $214,000.

Microsemi Corporation (Microsemi) is a designer, manufacturer and marketer of high-performance analog and mixed-signal semiconductor solutions.