IXYS Corp (NASDAQ:IXYS)

CAPS Rating: 5 out of 5

The Company designs, develops, manufactures and markets power semiconductors and digital and analog integrated circuits.

Recs

1
Player Avatar RallyCry (< 20) Submitted: 4/18/2011 8:49:20 AM : Outperform Start Price: $10.26 IXYS Score: -49.69

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.

Member Avatar RallyCry (< 20) Submitted: 9/27/2013 12:42:09 PM
Recs: 0

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.

Featured Broker Partners


Advertisement