Alert: New Earnings Report (8/6/24)-Power Integrations Inc (NASDAQ: POWI).

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Power Integrations Inc (NASDAQ: POWI) has reported E.P.S. of $0.09 for its second fiscal quarter (ending June 30) versus $0.26 for the same period a year ago — a decline of -65%. Relative to the consensus estimate of $0.26, this was a shortfall of $-0.17. For the latest four quarters through June 30, E.P.S. were $0.74 compared to $1.58 a year ago — a decline of -53%.

Recent Price Action

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Power Integrations Inc (NASDAQ: POWI) stock closed at $64.27 on 8/6/24 after a slight decline of -0.6%. Moreover, trading volume in this decline was unusually high at 188% of normal. The stock has declined -12.2% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, POWI is expected to continue to be an important Value Builder.

Power Integrations has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Power Integrations has a slightly negative Power Rating of 39 and a very low Appreciation Score of 10, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this discouraging new earnings information and negative market action we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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