IDTI stock: buy or sell?

IDTI stock price: $48.99 0.02% At close on March 29th, 2019

Updated on:
March 29th, 2019

5

After reaching all time highs , Integrated Device Technology remained steady 0.02% to $48.99. Counting March 29th, 2019, it's been 4 climbing sessions in a row, gaining $1.20 or 2.51%.

Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and Internet-of-things end-markets.

Should I buy IDTI stock?

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These 2 buy setups are elegible for Integrated Device stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Integrated Device Technology stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for IDTI stock for the last 30 days.

IDTI stock analysis

Daily outlook

Shares of Integrated Device Technology ended at $48.99 after marking a new all time high ($49.00) and remained steady a tight 0.02%.

After several days of continuous hikes in past weeks, Integrated Device remained stable 0.02% to $48.99. IDTI price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.

IDTI stock chart (daily)

Weekly outlook

After sliding for 4 weeks, late March 2019 Integrated Device Technology escalated a nice 2.51%, closing at $48.99. After 4 weeks sliding, late March 2019 raised a 2.49%.

It touched new all-time highs again this week, setting highs to $49.00. Early May IDTI price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since early June 2018 when SMA10w and SMA20w crossed up, IDTI price gained $15.17 per share (44.86%).

IDTI stock chart (weekly)

IDTI stock price history

IDTI IPO was on June 18th, 2012 at $5.41 per share1. Since then, IDTI stock surged a 805.50%, with a yearly average of 115.10%. If you had invested $1,000 in IDTI stock in 2012, it would worth $8,055.00 today.

1: Adjusted price after possible price splits or reverse-splits.

IDTI stock historical price chart

IDTI stock reached all-time highs with a price of $49.00.

IDTI stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' IDTI stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for Integrated Device stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Integrated Device Technology failed to meet the estimates of the experts and posted a frightening EPS of $0.28 per share when experts were expecting $0.37. Integrated Device Technology will present its quaterly financial report on April. Analysts expect an Earnings per Share (EPS) ratio of $0.48.
IDTI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.22n/a
2017-Q2-n/a0.12n/a
2017-Q32017-10-300.340.352.9%
2017-Q42018-01-290.410.422.4%
2018-Q12018-04-300.350.3911.4%
2018-Q22018-07-300.350.350.0%
2018-Q32018-10-290.360.372.8%
2018-Q42019-01-280.370.28-24.3%
2019-Q12019-04-290.48n/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a dazzling gain of 15.73% to $842.76 million USD. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) plummed a -16.61% to -1.44%.

Integrated Device presents anual results in March, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Integrated Device TTM sales up to December 2018 were $929.17 and earnings $108.54 million dollars. When comparing this TTM figures with the last reported annuality, we can review Integrated Device Technology business evolution since March 2018: Annual turnover up to December, compared to lastest yearly report, skyrocketed an impressive 10.25%. In line, profit margin (net income/sales) boosted at -1.44%.

IDTI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$487 M-$-15.92 M-3.3%-
2014$485 M-0.50%$111 M23.0%-799.18%
2015$573 M18.18%$94 M16.4%-15.63%
2016$697 M21.73%$195 M27.9%107.37%
2017$728 M4.43%$110 M15.2%-43.27%
2018$843 M15.73%$-12.14 M-1.4%-110.98%
TTM $929 M10.25%$109 M11.7%-994.34%

Quarterly financial results

Integrated Device posted $240.59 M in revenues for 2018-Q4, a 2.17% improvement compared to previous quarter. Reported quarter earnings marked $21.61 M with a profit margin of 8.98%. Profit margin slipped a -6.09% compared to previous quarter when profit margin was 15.08%. When comparing turnover to same quarter last year, Integrated Device Technology sales marked a superb increase and boosted a 10.83%. Looking back to recent quarterly results, Integrated Device posted 7 positive quarters in a row.
IDTI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$176 M-$30 M17.2%-
2017-Q2$197 M11.96%$17 M8.5%-44.69%
2017-Q3$204 M3.91%$19 M9.1%11.79%
2017-Q4$217 M6.20%$-68 M-31.4%-465.32%
2018-Q1$225 M3.46%$21 M9.2%-130.35%
2018-Q2$229 M1.75%$31 M13.4%48.33%
2018-Q3$235 M3.05%$36 M15.1%15.56%
2018-Q4$241 M2.17%$22 M9.0%-39.14%

Integrated Device ownership

When you are planning to invest in a company, it's always worth to overview its ownership structure.

Integrated Device shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

For a better context understanding, the next table shows ownership data compared to other related companies:

IDTI
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

IDTI summary

Friday, March 29th, 2019
Open$49.00
Close$48.99
Day range$48.99 - $49.00
Previous close$48.98
Session gain0.02%
Average true range$0.24
50d mov avg$48.46
100d mov avg$48.02
200d mov avg$43.80
Daily pattern
Weekly pattern

Integrated Device performance

To measure stock performance is always good to benchmark with competitors or related stocks. For Integrated Device, the benchmark is made against .
Stock3m6m12m
IDTIIntegrated Device...1.37%4.21%60.31%

Integrated Device competitors

Unfortunately, we could not find any public company that could be defined as Integrated Device competitor. This doesn't mean Integrated Device does not have any competitor in the market, it's just we could not detected it.