Power Integrations (NASDAQ:POWI) Announces Earnings Results

Power Integrations (NASDAQ:POWI) announced its quarterly earnings data on Thursday. The semiconductor company reported $0.16 earnings per share (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 Trading Down 2.8 %

Shares of POWI opened at $60.75 on Friday. The company’s 50 day simple moving average is $62.59 and its 200-day simple moving average is $63.40. The firm has a market cap of $3.45 billion, a PE ratio of 92.05, a price-to-earnings-growth ratio of 4.06 and a beta of 1.11. Power Integrations has a 12-month low of $56.63 and a 12-month high of $85.00.

Power Integrations Increases Dividend

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

Insider Activity at Power Integrations

In other news, CEO Balu Balakrishnan sold 12,507 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $60.64, for a total transaction of $758,424.48. Following the completion of the sale, the chief executive officer now owns 600,002 shares in the company, valued at $36,384,121.28. This represents a 2.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sandeep Nayyar sold 5,152 shares of Power Integrations stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $60.75, for a total transaction of $312,984.00. Following the completion of the transaction, the chief financial officer now owns 110,394 shares in the company, valued at approximately $6,706,435.50. This trade represents a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,680 shares of company stock worth $2,420,526 in the last 90 days. 1.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. StockNews.com raised shares of Power Integrations from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Susquehanna lowered their price objective 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. Finally, Benchmark reissued a “buy” rating and set a $78.00 target price on shares of Power Integrations in a research report on Friday. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Power Integrations presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

Power Integrations Company Profile

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.