WISA Stock-WiSA Technologies Prices a $7.6M Offering of Securities

WiSA Stock (WISA:NSD) Analysis:

Last Closing Price: $0.17

Consensus Analyst Rating: Strong Buy

12-Month Price Target: $2.50

Market CAP: $3.00 Million

 

WiSA Technologies (WISA:NSD) has priced its first public offering of 50,400,000 shares and 3,600,000 pre-funded units at $0.14 per unit for anticipated gross revenues of $7.6 million.

Each unit consists of one share of common WiSA stock, one Series A Warrant to purchase one share of common stock immediately exercisable at $0.14 per share and expiring five years from the date of issuance, and one Series B Warrant to purchase one share of common stock immediately exercisable at $0.14 per share and expire five years from the date of issuance.

Each pre-funded unit will include one pre-funded warrant to acquire one share of common stock, one warrant of Series A, and one warrant of Series B.

The offering is anticipated on or around December 1, 2022.

 

About Wisa Technologies Inc. (WISA:NSD):

WiSA Technologies, Inc. develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems under the WiSA brand name in the United States, Taiwan, China, Japan, and Korea.

It delivers immersive audio experiences for high-definition content, including movies, video, music, sports, gaming/esports, and others. The company was formerly known as Summit Wireless Technologies, Inc. and changed its name to WiSA Technologies Inc. in March 2022. WiSA Technologies, Inc. was incorporated in 2010 and is headquartered in Beaverton, Oregon.

 

WiSA Stock-Analyst Ratings:

Maxim Group lowered the WISA stock price target to USD 1.

Ascendiant lowered the WISA stock price target to USD 4.5.

HC Wainwright maintains the Buy rating with a stock price target of USD 2.

Analog Devices Inc Stock Forecast (ADI:NSD) Buy rating, Target $184

 The fundamental analysis for Analog Devices Inc. stock is Neutral with a  score of 4.6 out of 10.

Analog Devices Inc Stock Forecast Analysis:

Analysts rate Analog Devices Inc stock forecast with a consensus Buy rating. A 12-month average target price of $184.17 per share.

Yesterday Cowen raised the target price to $190 from $180 on the company’s stock and maintained the Outperform rating.

Deutsche Bank Capital maintained the Hold rating on Analog Devices Inc, and raised the target price to $170 from $155 per share.

Based on the stock predictions made for Analog Devices Inc by 18 analysts, the company’s average 12-month target price is expected to be USD 184.17. The average analyst rating for Analog Devices Inc. is Buy. Stock Analog Devices Inc.’s stock analysis by Target Advisor, which is based on 6 positive signals and 7 negative signals, is Neutral. The stock price of Analog Devices Inc. was USD 169.20 at the most recent closing. The stock price of Analog Devices Inc. changed by +4.92% over the previous week, +15.42% over the previous month, and -7.26% over the previous year.

Fundamental Stock Analysis:

Positive Fundamentals for Analog Devices Inc stock forecast:

High market capitalization

This organization is among the top quartile and is one of the biggest in its industry. These businesses are typically more reliable.

Superior returns on risk

In the top quartile, this stock has outperformed its sector rivals on a risk-adjusted basis over the course of at least a 12-month holding period.

Low turbulence

For a hold duration of at least 12 months, the stock’s yearly returns have been stable and constant when compared to peers in its industry, and they are in the top quartile. Although stability is desirable, it can also restrict returns.

A healthy cash flow

The last four quarters saw positive total cash flow for the organization.

A favourable free cash flow

The last four quarters saw the company generate positive total free cash flow.

Superior growth in revenue.

Compared to its industry, this stock’s revenue growth over the previous five years has been in the top quartile.

Negative Fundamentals for Analog Devices Inc stock forecast:

Dividend returns that are below average

In comparison to its competitors, the company’s average income yield during the past five years has been low. If you are not seeking for work, it is not an issue.

Excessive in comparison to wages

The stock is trading above the sector median and at a premium to its peers in terms of price to earnings.

Overpriced based on cash flow

On a price to cash flow ratio, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median.

Low equity return

In comparison to its peers, the management of the company has produced a lower-than-average return on equity during the past four quarters.

Inadequate capitalization

In comparison to its peers, the management of the company produced a lower median return on invested capital during the past four quarters.

Poor asset return

In comparison to its peers, the management of the company produced a lower median return on assets during the past four quarters.

Priced excessively based on free cash flow

On a price to free cash flow basis, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median.

Conclusion of Analysis:

The fundamental analysis for Analog Devices Inc stock forecast is Neutral with a  score of 4.6 out of 10.

Microchip Technology Stock (MCHP:NSD) Q3-2023 Earnings Outlook

On Thursday, Microchip Technology Stock (MCHP:NSD) Q3 Earnings outlook has been revised for 2023.

In contrast to the consensus EPS estimate of $1.45, the company offered EPS guidance of $1.54 to $1.56 for the relevant period. In contrast to the average revenue forecast of $2.08 billion, the company provided revenue guidance of $2.13 billion to $2.18 billion.

 

Microchip Technology Stock Down 1.9%

On Thursday, the opening price of MCHP stock was $66.50. The company’s fifty-day and two-hundred-day simple moving averages are $63.19 and $64.88, respectively.

Microchip Technology’s low point for the year is $54.33 and its high point is $90.00. Quick ratio for the business is 0.65, current ratio is 1.05, and debt-to-equity ratio is 1.03. The stock is valued at $36.58 billion, has a 20.34 P/E ratio, a 0.73 PEG ratio, and a 1.51 beta.

 

Increment of the Microchip Technology Stock Dividend:

A quarterly dividend was also recently issued by the company and will be paid on Tuesday, December 6. A dividend of $0.328 per share will be paid to shareholders as of Tuesday, November 22nd.

This dividend’s ex-dividend date was Monday, November 21st. This has a yield of 1.97% and a dividend value of $1.31 on an annualized basis.

The last quarterly dividend paid by Microchip Technology was $0.30, thus this is an increase. The payout ratio for Microchip Technology is 36.70%.

 

Analyst Forecasts & Price Targets:

Several research analysts have commented on the shares of MCHP. In a research report published on Wednesday, August 3rd, B. Riley increased their price target on shares of Microchip Technology from $78.00 to $86.00 and assigned the company a buy rating.

In a research note published on Tuesday, October 25th, Needham & Company LLC decreased their target price on shares of Microchip Technology from $92.00 to $82.00.

In a research note published on Wednesday, August 3rd, Cowen increased their target price on shares of Microchip Technology from $60.00 to $72.00 and rated the business as outperform.

In a research note published on Friday, November 4th, Mizuho dropped their price target on shares of Microchip Technology from $75.00 to $72.00 and assigned a neutral rating to the business.

Finally, in a research note published on Wednesday, August 3rd, Cowen increased their price objective for shares of Microchip Technology from $60.00 to $72.00 and rated the stock as outperform.

The stock has received a “Buy” rating from 16 analysts, while the stock has received a “Hold” rating from 4 analysts.

Based on the data from Stock Target Advisor, the stock currently has a Strong Buy average rating and a $76.65 consensus target price.

 

Microchip Technology Insider Transactions:

Other Microchip Technology news includes the sale on Tuesday, August 23rd of 1,000 shares of the company’s stock by Director Matthew W. Chapman. For a total transaction value of $68,210.00, the shares were sold at an average price of $68.21. The director now owns 37,682 shares in the business, valued at approximately $2,570,289.22, after the sale.

In other Microchip Technology stock news, on Monday, November 7th, Director Karlton D. Johnson sold 927 shares of the company’s stock. The shares were sold for a total sum of $59,828.58 at an average price of $64.54. The director now directly owns 1,369 shares of the firm, worth $88,355.26, after the sale.

Insiders have sold 4,306 shares of company stock in the last quarter for a total value of $290,310. Insiders of the business own 2.00% of the shares.

 

Microchip Technology Stock- Institutional Trading:

Several hedge funds and institutional investors have lately bought and sold MCHP shares. During the first quarter, Kinneret Advisory LLC grew its holdings in Microchip Technology by 2.3%. After acquiring 167 more shares during the course of the quarter, Kinneret Advisory LLC now owns 7,495 shares of the semiconductor company’s stock, valued at $563,000 in total.

During the first quarter, Covestor Ltd grew its holdings in Microchip Technology by 48.2%. Covestor Ltd now owns 185 more shares of the semiconductor company’s stock, bringing its total share count to 569, valued at $43,000.

During the first quarter, First Commonwealth Financial Corp PA grew its holdings in Microchip Technology by 2.8%. After acquiring an additional 212 shares over the course of the period, First Commonwealth Financial Corp PA now owns 7,831 shares of the semiconductor company’s stock, valued at $588,000.

During the first quarter, KB Financial Partners LLC grew its holdings in Microchip Technology shares by 36.1%. KB Financial Partners LLC acquired an additional 245 shares during the period, for a total acquisition of 923 shares, valued at $69,000.

And finally, during the first quarter, Wetherby Asset Management Inc. raised its holdings in Microchip Technology shares by 3.5%. After purchasing an additional 261 shares over the course of the period, Wetherby Asset Management Inc. now owns 7,691 shares of the semiconductor company’s stock, valued at $578,000.

Institutional investors and hedge funds currently hold 89.81% of the stock.

 

About Microchip Technologies (MCHP:NSD):

Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded microprocessors markets; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.

Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.

Nvidia Stock (NVDA:NSD) Oppeneheimer cuts target as stock rallies

The fundamental analysis of the stock is set with  a score of 5.6 out of 10.

In a  research note published on November 11th, Oppenheimer Holdings maintained their Outperform rating on Nvidia stock with a Buy rating and cut their 12-month target forecast to $225 from $250 per share.

The average analyst target price for NVIDIA Corporation over the next 12 months is USD 216, from 33 analyst forecasts for the NVIDIA stock. The consensus analyst rating recommendation for NVIDIA is set at a Strong Buy.  Stock Target Advisor’s stock analysis of NVIDIA Corporation is Slightly Bullish. The stock price of NVIDIA was $137.76 at the most recent close. The share price of NVIDIA Corporation appreciated by 4.21% over the previous week, up 14.08% over the past month, and down a whopping 55.06% over the previous year, 2021. The 12 month consensus Crowd target for the NVDA’s stock is $267 per share, with a average Crowd rating of a Strong Buy, matching the analysts recommendation.

 

News:

Zacks Research On november 1st,  cut their 2023 Earnings per share estimates for NVIDIA Corp. in a research note they the investment firm published. Zacks Research forecasts that Nvidia  Corp., the computer hardware manufacturer will post earnings of $2.43 per share for the current year, which has been reduced from their prior estimate of $2.56. The full year consensus estimate for NVIDIA Corp. is  now at $2.50 per share. Zacks also reported estimates for the company’s Q4 2023 earnings at $0.51 Earnings per share.

Nvidia  just released a new Game Ready Driver that highlights some key Modern Warfare 2 features while resolving bugs from the previous driver version.  Those concerns with driver 526.47(opens in new tab) have already been covered by us; the update made Modern Warfare 2 less stable and caused “flashing corruption” while playing. The original advice from Nvidia was for CoD gamers to completely avoid 526.47 or else manually download a hotfix from the business website, independent of the GeForce Now app.

 

Positive Fundamentals for NVDA:

High market capitalization
The company is in the top quartile in its industry for size, which makes the company more stable..

High dividend ratio
Stock has outperformed its peers over the past 5 years

Excellent return on equity
The management has outperformed its competitors in return on equity over the last four comparable quarters,

Superior capital efficiency
The firm has outperformed its peers in terms of return on, and execution of  invested capital.

Excellent return on assets
Management has outperformed its peers in terms of return on assets over the last four quarters.

Positive cash flow
The last four quarters saw positive total cash flow.  This is a veryu significant and important metric.

Positive free cash flow
Positive total free cash flow over the past 4 consecutive quarters.

Superior growth in earnings
The company’s growth in profit was in the top in its competing industry.

Superior growth in revenue
Stock’s revenue growth over the last five years  has been stellar.

High Asset to Gross Profit Ratio
Gross Profit to Asset Ratio is in the top of the industry. Value investors are interested in this characteristic because it demonstrates the company is capable of superior long-term returns.

 

Negative Fundamentals:

High Volatility:
Over the past five years, this company’s total returns have been erratic and higher above the industry average. If you plan to invest in such a stock, be sure your risk tolerance is adequate.

Lower than average total returns
In terms of annual average total returns during the previous five years, the company lagged behind its competitors.

Overvalued in comparison  to earnings
The stock is trading above the sector median and at a premium to its peers in terms of price to earnings.

Overpriced compared to book value
On a price to book value basis, the stock is selling at a premium to the median of its peer group.

Overpriced based on cash flow
On a price to cash flow ratio, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.

Extremely leveraged with Debt
In terms of debt to equity, the company is heavily leveraged and in the bottom half of its sector rivals. Check the news, though, and study the sector and management remarks. This can be high at times since the business is attempting to grow quickly.

Overvalued in relation to cash flow
The stock is trading at a premium to its peers on a cash flow basis. It is higher  priced than the sector median.

Low Growth in Dividends
The company’s dividend growth was lower than it’s peers.

The fundamental analysis of the stock is set with  a score of 5.6 out of 10.

NVDA Stock (NVDA:NSD) STA Research boost target to $180 from $160

The overall fundamental analysis of the stock is graded with a score of 5.6 out of 10. where the stock is considered Slightly Bullish.

In a  research note posted on November 10th, STA Research reiterated the Buy rating on NVDA stock with Buy rating, and a 12-month target forecast of $180, which was raised from $160.

The average analyst target price for NVDA stock over the next 12 months is USD 216.56, according to 33 analysts’ predictions for the NVDA stock. The typical analyst recommendation for NVDA stock is Strong Buy. Based on 10 positive and 8 negative signals, Stock Target Advisor’s personal stock analysis of NVDA stock is Slightly Bullish. The stock price of NVDA stock was USD 137.76 at the most recent close. The share price of NVDA stock changed by +4.21% over the previous week, +14.08% over the previous month, and -55.06% over the previous year. The 12 month Crowd target for the stock is set at $267 per share, with a consensus Crowd rating of a Strong Buy.

 

Positive Fundamentals for NVDA stock:

High market capitalization
This organisation is among the top quartile and is one of the biggest in its industry. These businesses are typically more reliable.

High dividend yield payout
NVDA stock has outperformed its industry rivals over the past 5 years (for a hold duration of at least 12 months) and is in the top percentile in terms of average annual dividend returns. For investors seeking high income yields, this could be an excellent purchase, especially if it is excelling on a total return basis.

Excellent return on equity
The management of the company has outperformed its competitors in terms of return on equity over the last four quarters, ranking it in the top quartile.

Superior capital efficiency
In the last four quarters, firm management outperformed its counterparts in terms of return on invested capital, putting it in the top quartile.

Excellent return on assets
The management of the company has outperformed its counterparts in terms of return on assets over the last four quarters, putting it in the top quartile.

Positive cash flow
The last four quarters saw positive total cash flow for the organisation.

Positive free cash flow
The last four quarters saw the company generate positive total free cash flow.

Superior growth in earnings
In the preceding five years, NVDA stock profits growth was in the top quartile for its industry.

Superior growth in revenue
Compared to its industry, NVDA stock revenue growth over the previous five years has been in the top quartile.

High Asset to Gross Profit Ratio
When compared to its rivals, NVDA stock Gross Profit to Asset Ratio is in the top quartile. Value investors choose this metric because it exhibits superior long-term returns.

 

Negative Fundamentals:

High Volatility:
Over the past five years, this company’s total returns have been erratic and higher above the industry average. If you plan to invest in NVDA stock, be sure your risk tolerance is adequate.

Lower than average total returns
In terms of annual average total returns during the previous five years, the company lagged behind its competitors.

Overvalued in comparison  to earnings
NVDA stock is trading above the sector median and at a premium to its peers in terms of price to earnings.

Overpriced compared to book value
On a price to book value basis, Nvidia stock is selling at a premium to the median of its peer group.

Overpriced based on cash flow
On a price to cash flow ratio, NVDA stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.

Extremely leveraged with Debt
In terms of debt to equity, the company is heavily leveraged and in the bottom half of its sector rivals. Check the news, though, and study the sector and management remarks. This can be high at times since the business is attempting to grow quickly.

High price to cash flow
On a price to free cash flow basis, Nvidia stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.

Low Growth in Dividends
In the preceding five years, Nvidia stock dividend growth was lower than the sector average.

The overall fundamental analysis of the stock is graded with a score of 5.6 out of 10. where the stock is considered Slightly Bullish.