Is Pixelworks Stock a Good Investment?
Pixelworks Investment Advice | PXLW |
- Examine Pixelworks' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Pixelworks' leadership team and their track record. Good management can help Pixelworks navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Pixelworks' business and its evolving consumer preferences.
- Compare Pixelworks' performance and market position to its competitors. Analyze how Pixelworks is positioned in terms of product offerings, innovation, and market share.
- Check if Pixelworks pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Pixelworks' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Pixelworks stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Pixelworks is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Pixelworks Stock
Researching Pixelworks' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 23.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.64. Pixelworks recorded a loss per share of 0.47. The entity had not issued any dividends in recent years. The firm had 1:3 split on the 4th of June 2008.
To determine if Pixelworks is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Pixelworks' research are outlined below:
Pixelworks is way too risky over 90 days horizon | |
Pixelworks appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 59.68 M. Net Loss for the year was (26.18 M) with profit before overhead, payroll, taxes, and interest of 35.88 M. | |
Latest headline from news.google.com: Pixelworks Upgraded to Hold at StockNews.com - Defense World |
Pixelworks Quarterly Accounts Payable |
|
Pixelworks uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Pixelworks. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Pixelworks' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
8th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Pixelworks' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Pixelworks' investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2024-02-08 | 2023-12-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2023-08-08 | 2023-06-30 | -0.1 | -0.09 | 0.01 | 10 | ||
2023-02-09 | 2022-12-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2022-05-10 | 2022-03-31 | -0.07 | -0.06 | 0.01 | 14 | ||
2021-11-09 | 2021-09-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2021-02-11 | 2020-12-31 | -0.1 | -0.11 | -0.01 | 10 | ||
2020-10-29 | 2020-09-30 | -0.1 | -0.11 | -0.01 | 10 | ||
2020-02-06 | 2019-12-31 | -0.07 | -0.06 | 0.01 | 14 |
Know Pixelworks' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Pixelworks is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pixelworks backward and forwards among themselves. Pixelworks' institutional investor refers to the entity that pools money to purchase Pixelworks' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Acadian Asset Management Llc | 2023-12-31 | 230.2 K | Essex Investment Management Company, Llc | 2023-12-31 | 194.8 K | Citadel Advisors Llc | 2023-09-30 | 194.6 K | State Street Corporation | 2023-12-31 | 165 K | Two Sigma Advisers, Llc | 2023-12-31 | 146.1 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 141 K | Two Sigma Investments Llc | 2023-12-31 | 135.8 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 111.5 K | Bridgeway Capital Management, Llc | 2023-12-31 | 105.5 K | Vanguard Group Inc | 2023-12-31 | 3.5 M | Baird Financial Group, Inc. | 2023-12-31 | 2.3 M |
Pixelworks' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 155.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pixelworks's market, we take the total number of its shares issued and multiply it by Pixelworks's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Pixelworks' profitablity analysis
Pixelworks' profitability indicators refer to fundamental financial ratios that showcase Pixelworks' ability to generate income relative to its revenue or operating costs. If, let's say, Pixelworks is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Pixelworks' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Pixelworks' profitability requires more research than a typical breakdown of Pixelworks' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for 2024 | ||
Return On Capital Employed | (0.34) | (0.36) | |
Return On Assets | (0.27) | (0.29) | |
Return On Equity | (2.09) | (1.98) |
Determining Pixelworks' profitability involves analyzing its financial statements and using various financial metrics to determine if Pixelworks is a good buy. For example, gross profit margin measures Pixelworks' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Pixelworks' profitability and make more informed investment decisions.
The data published in Pixelworks' official financial statements usually reflect Pixelworks' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Pixelworks. For example, before you start analyzing numbers published by Pixelworks accountants, it's critical to develop an understanding of what Pixelworks' liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Pixelworks' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pixelworks' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Pixelworks' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Pixelworks. Please utilize our Beneish M Score to check the likelihood of Pixelworks' management manipulating its earnings.
Evaluate Pixelworks' management efficiency
Pixelworks has return on total asset (ROA) of (0.1805) % which means that it has lost $0.1805 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3926) %, meaning that it created substantial loss on money invested by shareholders. Pixelworks' management efficiency ratios could be used to measure how well Pixelworks manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to drop to -0.36 in 2024. Return On Assets is likely to drop to -0.29 in 2024. At this time, Pixelworks' Non Current Assets Total are fairly stable compared to the past year. Asset Turnover is likely to climb to 0.74 in 2024, whereas Total Assets are likely to drop slightly above 92.6 M in 2024.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 5.87 | 6.16 | |
Enterprise Value Multiple | (1.17) | (1.12) | |
Price Fair Value | 5.87 | 6.16 |
The analysis of Pixelworks' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Pixelworks' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Pixelworks Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.777 |
Basic technical analysis of Pixelworks Stock
As of the 29th of March, Pixelworks holds the Risk Adjusted Performance of 0.1458, coefficient of variation of 405.74, and Semi Deviation of 2.42. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pixelworks, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Pixelworks, which can be compared to its competitors. Please check Pixelworks standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Pixelworks is priced some-what accurately, providing market reflects its current price of 2.58 per share. Please also confirm Pixelworks total risk alpha, which is currently at 0.0997 to check out the company can sustain itself at a future point.Pixelworks' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Pixelworks insiders, such as employees or executives, is commonly permitted as long as it does not rely on Pixelworks' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Pixelworks insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Todd DeBonis over a week ago Acquisition by Todd DeBonis of 225000 shares of Pixelworks subject to Rule 16b-3 | ||
Haley Aman over a month ago Disposition of 12563 shares by Haley Aman of Pixelworks at 2.653 subject to Rule 16b-3 | ||
Todd DeBonis over a month ago Disposition of 25071 shares by Todd DeBonis of Pixelworks at 2.5552 subject to Rule 16b-3 |
Understand Pixelworks' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Pixelworks' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | 0.1458 | |||
Market Risk Adjusted Performance | 0.6255 | |||
Mean Deviation | 3.76 | |||
Semi Deviation | 2.42 | |||
Downside Deviation | 3.11 | |||
Coefficient Of Variation | 405.74 | |||
Standard Deviation | 5.06 | |||
Variance | 25.63 | |||
Information Ratio | 0.2198 | |||
Jensen Alpha | 0.9865 | |||
Total Risk Alpha | 0.0997 | |||
Sortino Ratio | 0.3581 | |||
Treynor Ratio | 0.6155 | |||
Maximum Drawdown | 26.52 | |||
Value At Risk | (4.71) | |||
Potential Upside | 11.38 | |||
Downside Variance | 9.66 | |||
Semi Variance | 5.87 | |||
Expected Short fall | (5.33) | |||
Skewness | 1.6 | |||
Kurtosis | 3.68 |
Risk Adjusted Performance | 0.1458 | |||
Market Risk Adjusted Performance | 0.6255 | |||
Mean Deviation | 3.76 | |||
Semi Deviation | 2.42 | |||
Downside Deviation | 3.11 | |||
Coefficient Of Variation | 405.74 | |||
Standard Deviation | 5.06 | |||
Variance | 25.63 | |||
Information Ratio | 0.2198 | |||
Jensen Alpha | 0.9865 | |||
Total Risk Alpha | 0.0997 | |||
Sortino Ratio | 0.3581 | |||
Treynor Ratio | 0.6155 | |||
Maximum Drawdown | 26.52 | |||
Value At Risk | (4.71) | |||
Potential Upside | 11.38 | |||
Downside Variance | 9.66 | |||
Semi Variance | 5.87 | |||
Expected Short fall | (5.33) | |||
Skewness | 1.6 | |||
Kurtosis | 3.68 |
Consider Pixelworks' intraday indicators
Pixelworks intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Pixelworks stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Pixelworks Corporate Filings
F4 | 22nd of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 13th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
9th of February 2024 Other Reports | ViewVerify | |
8K | 8th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Pixelworks Stock media impact
Far too much social signal, news, headlines, and media speculation about Pixelworks that are available to investors today. That information is available publicly through Pixelworks media outlets and privately through word of mouth or via Pixelworks internal channels. However, regardless of the origin, that massive amount of Pixelworks data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Pixelworks news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Pixelworks relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Pixelworks' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Pixelworks alpha.
Pixelworks Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Pixelworks can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pixelworks using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pixelworks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Pixelworks Stock please use our How to Invest in Pixelworks guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Pixelworks Stock analysis
When running Pixelworks' price analysis, check to measure Pixelworks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pixelworks is operating at the current time. Most of Pixelworks' value examination focuses on studying past and present price action to predict the probability of Pixelworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pixelworks' price. Additionally, you may evaluate how the addition of Pixelworks to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is Pixelworks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pixelworks. If investors know Pixelworks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pixelworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 1.063 | Quarterly Revenue Growth 0.189 | Return On Assets (0.18) | Return On Equity (0.39) |
The market value of Pixelworks is measured differently than its book value, which is the value of Pixelworks that is recorded on the company's balance sheet. Investors also form their own opinion of Pixelworks' value that differs from its market value or its book value, called intrinsic value, which is Pixelworks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pixelworks' market value can be influenced by many factors that don't directly affect Pixelworks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Pixelworks' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Pixelworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pixelworks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.