Integrated Device Technology (IDTI) Analysts See $0.25 EPS; A-R-T- Advisors Has Cut Its Vale S A (VALE) Holding

July 17, 2017 - By wolcottdaily

Analysts expect Integrated Device Technology Inc (NASDAQ:IDTI) to report $0.25 EPS on July, 31 after the close.They anticipate $0.05 EPS change or 16.67% from last quarter’s $0.3 EPS. IDTI’s profit would be $33.24M giving it 26.17 P/E if the $0.25 EPS is correct. After having $0.29 EPS previously, Integrated Device Technology Inc’s analysts see -13.79% EPS growth. About 203,345 shares traded. Integrated Device Technology Inc (NASDAQ:IDTI) has risen 12.80% since July 17, 2016 and is uptrending. It has underperformed by 3.90% the S&P500.

A-R-T- Advisors Llc decreased Vale S A (VALE) stake by 31.44% reported in 2016Q4 SEC filing. A-R-T- Advisors Llc sold 77,896 shares as Vale S A (VALE)’s stock declined 20.71%. The A-R-T- Advisors Llc holds 169,904 shares with $1.29 million value, down from 247,800 last quarter. Vale S A now has $49.64 billion valuation. The stock rose 2.33% or $0.22 reaching $9.46. About 10.05M shares traded. Vale SA (ADR) (NYSE:VALE) has risen 111.11% since July 17, 2016 and is uptrending. It has outperformed by 94.41% the S&P500.

Analysts await Vale SA (ADR) (NYSE:VALE) to report earnings on July, 27 before the open. They expect $0.20 earnings per share, up 42.86% or $0.06 from last year’s $0.14 per share. VALE’s profit will be $1.05 billion for 11.83 P/E if the $0.20 EPS becomes a reality. After $0.41 actual earnings per share reported by Vale SA (ADR) for the previous quarter, Wall Street now forecasts -51.22% negative EPS growth.

A-R-T- Advisors Llc increased Cosan Ltd (NYSE:CZZ) stake by 43,000 shares to 73,200 valued at $549,000 in 2016Q4. It also upped Nucor Corp (NYSE:NUE) stake by 77,800 shares and now owns 83,300 shares. Mcdermott Intl Inc (NYSE:MDR) was raised too.

Among 23 analysts covering Vale S.A. (NYSE:VALE), 9 have Buy rating, 1 Sell and 13 Hold. Therefore 39% are positive. Vale S.A. had 53 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Vale SA (ADR) (NYSE:VALE) earned “Neutral” rating by UBS on Monday, October 19. The stock of Vale SA (ADR) (NYSE:VALE) earned “Overweight” rating by Barclays Capital on Monday, January 9. Cowen & Co maintained Vale SA (ADR) (NYSE:VALE) rating on Thursday, July 13. Cowen & Co has “Hold” rating and $1000 target. Nomura downgraded Vale SA (ADR) (NYSE:VALE) on Thursday, March 17 to “Neutral” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, August 3. The stock of Vale SA (ADR) (NYSE:VALE) earned “Neutral” rating by Goldman Sachs on Thursday, June 9. The stock has “Outperform” rating by Itau BBA on Thursday, October 20. The firm has “Buy” rating given on Friday, September 4 by Canaccord Genuity. Jefferies maintained the shares of VALE in report on Monday, July 10 with “Hold” rating. As per Tuesday, August 23, the company rating was maintained by Jefferies.

Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. The company has market cap of $3.48 billion. The Firm operates through two divisions: the Communications, and the Computing, Consumer and Industrial. It has a 32.91 P/E ratio. It offers products in radio frequency , timing, wireless power transfer, serial switching, interfaces and sensing solutions.

Investors sentiment decreased to 0.84 in Q4 2016. Its down 0.10, from 0.94 in 2016Q3. It is negative, as 35 investors sold Integrated Device Technology Inc shares while 101 reduced holdings. 41 funds opened positions while 73 raised stakes. 121.23 million shares or 2.63% less from 124.51 million shares in 2016Q3 were reported. Metropolitan Life Insurance invested 0.04% in Integrated Device Technology Inc (NASDAQ:IDTI). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Integrated Device Technology Inc (NASDAQ:IDTI). Huntington Commercial Bank has 867 shares. 11,255 are held by Wright Invsts Ser. Advantus Capital Mgmt holds 0.01% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI) for 16,659 shares. 1.41 million are owned by Nwq Inv Ltd. Oakbrook Invs Limited Liability Com invested 0.02% in Integrated Device Technology Inc (NASDAQ:IDTI). California Pub Employees Retirement has 0.01% invested in Integrated Device Technology Inc (NASDAQ:IDTI) for 328,000 shares. Profund Advisors Ltd stated it has 41,768 shares or 0.05% of all its holdings. State Of New Jersey Common Pension Fund D holds 2.17 million shares or 0.22% of its portfolio. Blackrock Mgmt Llc has 979,354 shares for 0.03% of their portfolio. Maplelane Cap Limited Liability accumulated 1 shares. Principal Gp owns 530,269 shares. Lpl Financial Limited Liability Company holds 0% of its portfolio in Integrated Device Technology Inc (NASDAQ:IDTI) for 26,339 shares. Retail Bank Of Ny Mellon has invested 0.02% in Integrated Device Technology Inc (NASDAQ:IDTI).

Among 16 analysts covering Integrated Device (NASDAQ:IDTI), 14 have Buy rating, 1 Sell and 1 Hold. Therefore 88% are positive. Integrated Device had 29 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained Integrated Device Technology Inc (NASDAQ:IDTI) rating on Tuesday, August 2. Barclays Capital has “Underweight” rating and $19 target. The rating was initiated by Bank of America with “Buy” on Friday, September 18. The stock of Integrated Device Technology Inc (NASDAQ:IDTI) earned “Buy” rating by Charter Equity on Monday, October 26. Chardan Capital Markets maintained Integrated Device Technology Inc (NASDAQ:IDTI) on Tuesday, August 4 with “Buy” rating. The firm has “Buy” rating given on Tuesday, December 6 by Loop Capital. Chardan Capital Markets maintained the shares of IDTI in report on Monday, February 8 with “Buy” rating. The firm has “Buy” rating by Topeka Capital Markets given on Tuesday, February 2. The stock of Integrated Device Technology Inc (NASDAQ:IDTI) has “Overweight” rating given on Thursday, August 18 by JP Morgan. As per Wednesday, December 9, the company rating was maintained by Craig Hallum. On Tuesday, August 2 the stock rating was maintained by Needham with “Buy”.

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