 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Intersil Corporation (ISIL) designs and develops power management and precision analog integrated circuits (ICs) for applications in the industrial and infrastructure, consumer, and personal computing markets.
It offers various power IC solutions, including battery management, computing power, display power, regulators, controllers, and power modules; and precision analog components, such as amplifiers and buffers, proximity and light sensors, data converters, optoelectronics, and interface products.
The company markets its products through direct sales force and a network of distributors to original equipment manufacturers, original design manufacturers, and contract manufacturers in China, the United States, South Korea, Japan, Germany, Singapore, and Taiwan.
The chipmaker's financials have been turning around for several quarters after a rough patch from late 2010 to the first quarter of 2013. In that stretch, earnings were flat or down as much as 74%, while sales also went through a long slump.
But with a 75% jump in earnings for the second quarter of 2013, results started improving. EPS in the latest quarter increased 183%, which beat expectations. After-tax margins have climbed back into the teens.
The earnings growth have helped shares form a bullish "cup and handle." Higher share prices are expected for this stock.
52-Week Trading Range: $7.28 - $15.43
Entry Point: $15.40
Stop Loss: $14.60
Target Price: $16.95
ISIL fell below our stop loss. Closed at $14.55.
