Looking at top Wall Street opinions, Cypress Semiconductor Corporation (NASDAQ: CY) has recently made its way into the research list of Mizuho – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of Mizuho, whereas its previous rating was Buy in the eyes of Mizuho, as reported on Tuesday, June 4th, 2019. Another heavy-hitting research note was published by Morgan Stanley on Thursday May 30th, 2019, with this firm upgrading CY to an updated rating of Equal-Weight from its previous rating of Underweight. In the past six months and three months of trading, shares of Cypress Semiconductor Corporation (CY) have moved by 46.62% and 48.32%, respectively.
Brokerage Updates Related to Cypress Semiconductor Corporation (CY) Stock
This publicly-traded organization generated gains of 0.61% over the last 5 sessions. Right now, this stock is the subject of 11 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 0 have given a rating of Buy or better. Based on the 11 stock market experts following this company, the average 12-month price target is $23.78. Moreover, individual price targets range between $23.00-$24.00. With its recent move to $23.85, we can see that these firms project this stock will gain by 38.24% in one year.
Updates from Cypress Semiconductor Corporation (CY) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.50% rise since the beginning of the calendar year. A EVP, Microcontroller/Connect at Cypress Semiconductor Corporation (CY) sold off some of its shares in a transaction that was finalized on Aug 16. Similarly, GOPALSWAMY SUDHIR sold 3,000 shares of the organization’s stock at $22.45 apiece and racked up $67,343 in earnings from the sale. Now, GOPALSWAMY SUDHIR holds 162,588 shares of the company following the exchange. A President & CEO of the organization named El-Khoury Hassane, was engaged in a transaction that occurred on Jul 01 that managed to be worth $446,492 from the sale of 20,000 common shares at a price of $22.32 per individual share.
Cypress Semiconductor Corporation (NASDAQ:CY) Results in the Pipeline
The next scheduled release of financial results for Cypress Semiconductor Corporation will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.24. In the same vein, they expect sales for the quarter to amount to $530.89 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $532.22 million in revenue alongside EPS at $0.25. On average, the analyst projection was calling for $539.00 million with $0.27 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $604.47 million, with earnings per share ending up at $0.35.
The PNC Financial Services Group, Inc. (NYSE:PNC) experienced a gain of 0.33% from the closing price in the previous trading day. That boost the price to $126.42 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,319,681 shares of stock – compared to the typical average of 1.86M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $146.18.
Pricing Indications for The PNC Financial Services Group, Inc. (PNC)
This organization has had a price-to-earnings ratio of 11.42 in the last year. Meanwhile, it gained 135.66 from its observable 50-day simple moving average. Right at this moment, the per-share value is -2.31% lower than the mean per-share price over the last 200 days in the market.
The PNC Financial Services Group, Inc. (NYSE:PNC) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 3 have a Buy rating, 7 have an outperform rating, while 15 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.50, based on information from Thomson Reuters.
PNC Stock Value Potential
In trading activity as of late, this stock’s value was 129.39 up from its 200 day moving average, while also -6.92% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $128.00-$157.00. The market value for the entire organization reached 57.02B. In the last trading session, the price ended the day at $126.00. The institutional holdings related to this organization account for 0.30%, and the Beta factor is now 1.12. This company’s RSI (Relative Strength Index) managed to hit 38.38.
The PNC Financial Services Group, Inc. (NYSE:PNC) Analyst Points of Focus
The PNC Financial Services Group, Inc. (PNC) has found itself inside of Macquarie’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Outperform, compared to its previous rating of Neutral by Macquarie, as garnered from a news report on Wednesday March 6th, 2019. An additional helpful research note was sent out by BofA/Merrill’s on Thursday January 10th, 2019. The brokerage decided to downgrade PNC to Neutral from its previous rating of Buy.