Power Integrations (NASDAQ:POWI) Posts Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Power Integrations (NASDAQ:POWI) announced its quarterly earnings results on Thursday. The semiconductor company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.12), Zacks reports. Power Integrations had a net margin of 9.27% and a return on equity of 4.14%. Power Integrations updated its Q1 2025 guidance to EPS.

Power Integrations Stock Down 2.8 %

Shares of POWI stock traded down $1.75 during trading hours on Thursday, reaching $60.75. 643,994 shares of the company’s stock were exchanged, compared to its average volume of 435,031. Power Integrations has a fifty-two week low of $56.63 and a fifty-two week high of $85.00. The stock has a market capitalization of $3.45 billion, a P/E ratio of 92.05, a P/E/G ratio of 4.06 and a beta of 1.11. The business has a fifty day moving average price of $62.67 and a 200-day moving average price of $63.42.

Power Integrations Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, November 29th. This is a positive change from Power Integrations’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.38%. Power Integrations’s payout ratio is 127.27%.

Insider Transactions at Power Integrations

In other Power Integrations news, VP Clifford Walker sold 10,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $64.36, for a total transaction of $643,600.00. Following the completion of the transaction, the vice president now directly owns 130,934 shares in the company, valued at $8,426,912.24. This represents a 7.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Doug Bailey sold 8,549 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $64.96, for a total value of $555,343.04. Following the transaction, the vice president now owns 86,375 shares of the company’s stock, valued at $5,610,920. This represents a 9.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on POWI. Benchmark reissued a “buy” rating and issued a $78.00 price target on shares of Power Integrations in a research note on Friday, November 8th. StockNews.com raised Power Integrations from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Susquehanna decreased their target price on Power Integrations from $80.00 to $77.00 and set a “positive” rating for the company in a research report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $78.00.

About Power Integrations

Power Integrations, Inc designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems.