CHECK THIS OUT--
LAST EARN PERIOD POWI COUGHED IT UP GOOD!
THE BEAT BY 2 CENTS BUT THEY FORWARD WARNED BIGLY.
Power Integrations sees Q1 revenue $105M, plus or minus $5M, consensus $127.07M 02/06
POWI Sees Q1 adjusted gross margin roughly 53.5%.
THAT'S $17 MIL MISS AT LEAST AND WHAT DID THE ANALYSTS DO?
Power Integrations price target raised to $85 from $65 at Cowen 02/07 POWI Cowen analyst Matthew Ramsay raised the firm's price target on Power Integrations to $85 from $65 and keeps a Market Perform rating on the shares. The analyst noted 4Q earnings represented Power Integrations' third consecutive material guide-down, with the rolling inventory correction now spreading from Consumer to Industrial. The management team has historically taken advantage of downturns to improve the business long-term and this cycle should be no different, but the steep valuation reflects that potential.
SEVERAL OTHER HOUSES ALSO DID NOT BLINK. I WONDER WHY.
HIGH END- Power Integrations price target raised to $95 from $75 at Benchmark
LOW END- Power Integrations price target raised to $75 from $70 at Deutsche Bank
I WONDER...
DO THEY THINK THE CO SANDBAGGED IT?
LAST EARN PERIOD POWI COUGHED IT UP GOOD!
THE BEAT BY 2 CENTS BUT THEY FORWARD WARNED BIGLY.
Power Integrations sees Q1 revenue $105M, plus or minus $5M, consensus $127.07M 02/06
POWI Sees Q1 adjusted gross margin roughly 53.5%.
THAT'S $17 MIL MISS AT LEAST AND WHAT DID THE ANALYSTS DO?
Power Integrations price target raised to $85 from $65 at Cowen 02/07 POWI Cowen analyst Matthew Ramsay raised the firm's price target on Power Integrations to $85 from $65 and keeps a Market Perform rating on the shares. The analyst noted 4Q earnings represented Power Integrations' third consecutive material guide-down, with the rolling inventory correction now spreading from Consumer to Industrial. The management team has historically taken advantage of downturns to improve the business long-term and this cycle should be no different, but the steep valuation reflects that potential.
SEVERAL OTHER HOUSES ALSO DID NOT BLINK. I WONDER WHY.
HIGH END- Power Integrations price target raised to $95 from $75 at Benchmark
LOW END- Power Integrations price target raised to $75 from $70 at Deutsche Bank
I WONDER...
DO THEY THINK THE CO SANDBAGGED IT?

