Analysts downgraded AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG), America Movil S.A.B. de C.V. (NYSE: AMX), ANADIGICS, Inc. (NASDAQ: ANAD), Big 5 Sporting Goods (NASDAQ: BGFV) and Calgon Carbon Corp (NYSE: CCC) today.
Leerink downgraded AMAG Pharmaceuticals, Inc. (AMAG) from an “outperform” rating to a “market perform” rating.
Wells Fargo & Co. (NYSE:WFC) downgraded America Movil S.A.B. de C.V. (AMX) from an “outperform” rating to a “market perform” rating.
Raymond James (NYSE:RJF) downgraded ANADIGICS, Inc. (ANAD) from a “market perform” rating to an “underperform” rating.
Feltl & Co. downgraded Big 5 Sporting Goods (BGFV) from a “buy” rating to a “hold” rating. They have a price target of $12.00 on the company, down from $15.00.
Oppenheimer downgraded Calgon Carbon Corp (CCC) from an “outperform” rating to a “perform” rating.
Wednesday, May 4, 2011
Ratings On (AMAG) (AMX) (ANAD) (BGFV) (CCC) Downgraded by Analysts
Tuesday, March 29, 2011
Anadigics (ANAD) Plunges as CEO, SVP Resign
Shares of Anadigics Inc. (NASDAQ:ANAD) continue to be under pressure on the news Chief Executive Officer Mario Rivas and senior vice president Greg White have resigned.
Earlier in the trading session the share price fell about 12 percent, although it has recovered for the maker of cell phone chips.
Named as new CEO for the company is Ron Michels.
Anadigics is trading at $4.37, down $0.28, or 6.02 percent, as of 1:56 PM EDT.
Friday, January 21, 2011
Skyworks Solutions (NASDAQ:SWKS) Outperforms on Smartphones, Tablets
Consumer demand for smartphones and tablets seems to be remaining almost insatiable, and that helped Skyworks Solutions (NASDAQ:SWKS) beat expectations for their latest quarter, and increase guidance for the next.
Skyworks had net income of $60.9 million, or 32 cents a share, for the quarter, up from $28 million, or 16 cents a share, a year ago in the same quarter.
Excluding items, Skyworks earned 41 cents a share, beating analyst's expectations of 40 cents a share.
Revenue in the quarter increased to $335.1 million, a 37 percent boost, beating analysts expectations of $334 million.
The major competitors of Skyworks are RF Micro Devices (NASDAQ:RFMD), Anadigics (NASDAQ:ANAD) and Triquint Semiconductor NASDAQ:TQNT).
Major customers include Apple (NASDAQ:AAPL) Nokia (NYSE:NOK), and Samsung Electronics.
Guidance for the second quarter from Skyworks is for earnings to come in at $38-40 cents a share on revenue of $310 to $320 million.
Skyworks closed Thursday at $30.03, dropping $1.88, or 5.89 percent.
Skyworks Solutions (NASDAQ:SWKS) Outperforms on Smartphones, Tablets
Consumer demand for smartphones and tablets seems to be remaining almost insatiable, and that helped Skyworks Solutions (NASDAQ:SWKS) beat expectations for their latest quarter, and increase guidance for the next.
Skyworks had net income of $60.9 million, or 32 cents a share, for the quarter, up from $28 million, or 16 cents a share, a year ago in the same quarter.
Excluding items, Skyworks earned 41 cents a share, beating analyst's expectations of 40 cents a share.
Revenue in the quarter increased to $335.1 million, a 37 percent boost, beating analysts expectations of $334 million.
The major competitors of Skyworks are RF Micro Devices (NASDAQ:RFMD), Anadigics (NASDAQ:ANAD) and Triquint Semiconductor NASDAQ:TQNT).
Major customers include Apple (NASDAQ:AAPL) Nokia (NYSE:NOK), and Samsung Electronics.
Guidance for the second quarter from Skyworks is for earnings to come in at $38-40 cents a share on revenue of $310 to $320 million.
Skyworks closed Thursday at $30.03, dropping $1.88, or 5.89 percent.
Tuesday, January 11, 2011
ANADIGICS (NASDAQ:ANAD) Growth Target Should be Met Says Needham
Needham & Company said ANADIGICS (NASDAQ:ANAD) should meet their growth target, and has increased revenue and EPS estimates on the company for 2011.
Needham says, "We believe ANAD continues to execute towards its growth target and has secured multiple new design wins with leading tablet and handset OEMs. Given our increasing handset market forecast, we are increasing our 2011 revenue and non-GAAP EPS estimates to $265MM/$0.38 from $258MM/$0.35. This compares with the current consensus of $250.6MM/$0.29...2012 estimates. We are introducing 2012 revenue and non-GAAP EPS estimates of $310MM/$0.55, representing 17% and 44% growth over 2011, respectively."
Needham & Company reiterates a "Buy" rating on ANADIGICS, which closed Monday at $7.82, up $0.17, or 2.22 percent. Needham raised their price target on them from $7.50 to $10.50.
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