Analyst Ratings for Integrated Device Technology Inc. (IDTI)

Updated: 2017-07-27

Integrated Device Technology Inc. (NASDAQ:IDTI) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for IDTI last month.

14 analysts issued ratings on the stock, where 11 gave IDTI a buy rating, 0 gave an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

IDTI was given price targets by several analysts. The highest price target was 33, which equates to a potential upside of 23.27 percent. The minimum price target given was 22, implying potential capital losses of -17.82 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.66 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of IDTI's earnings is estimated by analysts to be 51.41 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. IDTI has a PEG ratio of 0.66.

In the last 52-weeks, IDTI has achieved a high of 27.09 and a low of 18.49. Today's price is 44.78 percent above the 52-week low, and 1.18 percent lower than its 52-week high. IDTI has a P/E ratio of 33.72. Investors typically compare the P/E ratio to a company's peers in the industry. The IDTI value stock report compares IDTI to some of its peers using value stock charts. The market cap of IDTI is $3.56 billion. IDTI will post this quarters earnings in days, on 0000-00-00.