LSI Corporation (NYSE:LSI)
CAPS Rating:
Designs, develops and markets semiconductors and storage systems. The Company's operating segments are the Semiconductor segment and the Storage Systems segment.
Designs, develops and markets semiconductors and storage systems. The Company's operating segments are the Semiconductor segment and the Storage Systems segment.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
Recs
LSI is finally showing significant revenue growth and improvement in the gross margins. I expect them to show revenue for 2010 of $2.7b and a gross margin of 47% based on an expectation of a modest 5% growth for the final two quarters. This should result in GAAP earnings of $.15/sh and non-GAAP earnings of over $.60/sh. At a 20 multiple, the stock should be trading at $12.00 by the 1st half of 2011.