+ Watch IXYS
on My Watchlist
The Company designs, develops, manufactures and markets power semiconductors and digital and analog integrated circuits.
Conservatively, IXYS should earn over $1.00 by March 2012 FYE. Analyst estimates for 2012 sit at $1.10 for the full year. Current 2011 estimates are for 90 cents a share. So 19% year over year growth is expected from a stock with a P/E below 16. That gives us a PEG of .84. I'll split the difference and put 1 year target earnings at $1.05 and apply a reasonable multiple of 15 to arrive at 6-12 month target price of $15.75, 21.5% higher than current levels at $12.51.
Another example of how cyclical companies (in this case semiconductors) with wide ranging yearly earnings estimates are tough to pin down. With a current P/E well north of 100 and 40% earnings growth for 2015 it appears the trend is decelerating earnings and a contracting multiple. Closing.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions