Analysts See $0.23 EPS for MagnaChip Semiconductor Corporation (MX)

October 14, 2018 - By Michael Collier

Investors sentiment increased to 1.74 in Q2 2018. Its up 1.08, from 0.66 in 2018Q1. It increased, as 9 investors sold MagnaChip Semiconductor Corporation shares while 14 reduced holdings. 17 funds opened positions while 23 raised stakes. 23.41 million shares or 1.38% more from 23.09 million shares in 2018Q1 were reported.
Hood River Cap Mgmt Ltd Liability Co reported 1.09% stake. Federated Invsts Pa holds 760,200 shares. Paloma Partners has 0.01% invested in MagnaChip Semiconductor Corporation (NYSE:MX). Fmr Limited Liability Company owns 316,198 shares for 0% of their portfolio. Gru One Trading L P holds 0% or 27,803 shares. Kerrisdale Advisers Limited Liability Corporation invested in 140,000 shares or 0.6% of the stock. Jpmorgan Chase reported 125,163 shares. State Street reported 45,940 shares. Manufacturers Life Commerce The reported 1.20M shares. D E Shaw & invested in 445,664 shares. Cubist Systematic Strategies Limited Liability stated it has 1,665 shares or 0% of all its holdings. Tower Research Ltd (Trc) invested in 0% or 1,032 shares. Moreover, Shannon River Fund Mgmt Limited Liability Corporation has 0.52% invested in MagnaChip Semiconductor Corporation (NYSE:MX) for 387,499 shares. Gsa Cap Partners Llp, United Kingdom-based fund reported 113,700 shares. Neuberger Berman Grp Ltd Liability accumulated 19,770 shares or 0% of the stock.

Since May 2, 2018, it had 1 buy, and 0 insider sales for $53,925 activity.

Analysts expect MagnaChip Semiconductor Corporation (NYSE:MX) to report $0.23 EPS on November, 7.They anticipate $0.04 EPS change or 14.81 % from last quarter’s $0.27 EPS. MX’s profit would be $7.93M giving it 9.55 P/E if the $0.23 EPS is correct. After having $0.23 EPS previously, MagnaChip Semiconductor Corporation’s analysts see 0.00 % EPS growth. The stock decreased 1.46% or $0.13 during the last trading session, reaching $8.79. About 309,223 shares traded or 36.59% up from the average. MagnaChip Semiconductor Corporation (NYSE:MX) has declined 14.35% since October 14, 2017 and is downtrending. It has underperformed by 29.97% the S&P500.

MagnaChip Semiconductor Corporation designs, makes, and sells analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things applications worldwide. The company has market cap of $303.21 million. The firm operates through two divisions, Foundry Services Group, and Standard Products Group. It has a 10.6 P/E ratio. It provides display solutions, including source and gate drivers and timing controllers that cover a wide range of flat panel displays used in ultra-high definition , high definition (HD), light emitting diode (LED), 3D and OLED televisions and displays, notebooks, and mobile communications and entertainment devices.

MagnaChip Semiconductor Corporation (NYSE:MX) Institutional Positions Chart

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