Tag: LTXC

  • Semiconductor New Highs: LTX-Credence Corp (NASDAQ:LTXC), Enphase Energy Inc. (NASDAQ:ENPH), Daqo New Energy (NYSE:DQ), Lam Research Corporation (NASDAQ:LRCX), Applied Materials (NASDAQ:AMAT)

    LTX-Credence Corp. (NASDAQ:LTXC) is set to release its Q314 earnings data on Thursday, May 22nd. Analysts expect LTX-Credence Corp. to post earnings of $0.04 per share and revenue of $102.81 million for the quarter. LTX-Credence Corp. has set its Q3 guidance at $0.00-0.06 EPS. LTX-Credence Corp (NASDAQ:LTXC) net profit margin is -11.70% and weekly performance is 3.89%. On last trading day company shares ended up $9.35. Analysts mean target price for the company is $13.00. LTX-Credence Corp (NASDAQ:LTXC) distance from 50-day simple moving average (SMA50) is 1.73%.

    Enphase Energy, Inc. (NASDAQ:ENPH) announced a partnership with Solar + Solutions, a unit of L&H Group, whereby the latter will distribute Enphase Energy’s microinverter system to its Solar Partner Installers and to Australia’s electrical contractors. This partnership is a win-win deal for both the parties. Enphase Energy Inc. (NASDAQ:ENPH) shares advanced 5.69% in last trading session and ended the day on $8.54. ENPH gross Margin is 29.00% and its return on assets is -22.40%.Enphase Energy Inc. (NASDAQ:ENPH) quarterly performance is 7.96%.

    Daqo New Energy Corp. (NYSE:DQ) announced on 15 may that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company was priced at US$29.00 per ADS on May 14, 2014. The Company will issue and sell 2,000,000 ADSs. Each ADS represents 25 ordinary shares of the Company. In connection with this offering, the Company has granted the underwriter a 30-day option to purchase up to 300,000 additional ADSs. Daqo New Energy Corp (NYSE:DQ) shares moved up 5.31% in last trading session and was closed at $23.02, while trading in range of $22.53 – $23.60. Daqo New Energy Corp (NYSE:DQ) year to date (YTD) performance is -36.58%.

    For 4Q 2014, Lam Research Corporation (NASDAQ:LRCX) expects revenue of $1.24 billion, plus or minus $50 million, and adjusted earnings of $1.21 per share, plus or minus $0.07 per share. It recently announced a $1 billion capital return program and a $850 million share repurchase authorization with execution currently planned over the next two years’ timeframe. It also declared a first ever quarterly dividend of $0.18 per share, equivalent to an annual yield of approximately 1.27%. Lam Research Corporation (NASDAQ:LRCX) ended the last trading day at $59.45. Company weekly volatility is calculated as 2.34% and price to cash ratio as 3.50.Lam Research Corporation (NASDAQ:LRCX) showed a positive weekly performance of 5.54%.

    Applied Materials Inc. (NASDAQ:AMAT) has scheduled a special meeting of stockholders June 23 to vote on the company’s merger with Tokyo Electron. Applied and Tokyo Electron are the No. 1 and No. 3 companies, respectively, in the semiconductor equipment market. Applied Materials, Inc. (NASDAQ:AMAT) net profit margin is 6.30% and weekly performance is 6.04%. On last trading day company shares ended up $20.00. Analysts mean target price for the company is $21.19. Applied Materials, Inc. (NASDAQ:AMAT) distance from 50-day simple moving average (SMA50) is 3.20%.