Analysts Anticipate Vicor Corp (VICR) to Announce $0.12 Earnings Per Share

Shares of Vicor Corp (NASDAQ:VICR) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price target of $39.00 for the company and are expecting that the company will post $0.12 earnings per share for the current quarter, according to Zacks. Zacks has also given Vicor an industry rank of 152 out of 256 based on the ratings given to its competitors.

A number of research analysts recently commented on VICR shares. BidaskClub downgraded shares of Vicor from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine lowered shares of Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, March 30th. Northland Securities began coverage on shares of Vicor in a research report on Wednesday, April 10th. They set an “outperform” rating and a $36.00 target price on the stock. Finally, TheStreet upgraded shares of Vicor from a “c” rating to a “b-” rating in a research note on Thursday, January 24th.

In related news, Director H Allen Henderson sold 5,000 shares of the business’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $36.56, for a total transaction of $182,800.00. Following the transaction, the director now directly owns 5,219 shares in the company, valued at $190,806.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Samuel J. Anderson sold 9,092 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $30.95, for a total transaction of $281,397.40. Following the transaction, the director now owns 15,223 shares in the company, valued at $471,151.85. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,443 shares of company stock valued at $729,440. 37.40% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of VICR. Pearl River Capital LLC purchased a new stake in shares of Vicor in the 4th quarter valued at approximately $26,000. Neuburgh Advisers LLC increased its stake in Vicor by 115.8% during the 4th quarter. Neuburgh Advisers LLC now owns 1,968 shares of the electronics maker’s stock worth $74,000 after buying an additional 1,056 shares during the period. Quantamental Technologies LLC purchased a new stake in Vicor during the 4th quarter worth approximately $75,000. SEI Investments Co increased its position in shares of Vicor by 30.1% in the 1st quarter. SEI Investments Co now owns 3,689 shares of the electronics maker’s stock valued at $117,000 after purchasing an additional 854 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of Vicor by 1,714.3% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,810 shares of the electronics maker’s stock valued at $118,000 after purchasing an additional 3,600 shares during the last quarter. Institutional investors own 30.87% of the company’s stock.

VICR traded down $1.95 during mid-day trading on Tuesday, reaching $31.40. 246,228 shares of the company traded hands, compared to its average volume of 227,500. The firm has a market cap of $1.26 billion, a PE ratio of 40.26 and a beta of 0.56. Vicor has a 52-week low of $28.75 and a 52-week high of $64.50.

Vicor (NASDAQ:VICR) last issued its earnings results on Tuesday, February 26th. The electronics maker reported $0.17 earnings per share for the quarter. The company had revenue of $73.72 million during the quarter. Vicor had a net margin of 10.99% and a return on equity of 18.08%. Research analysts expect that Vicor will post 0.62 earnings per share for the current fiscal year.

Vicor Company Profile

Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power worldwide. It operates through Brick Business Unit, VI Chip, and Picor segments. The company offers a range of brick-format DC-DC converters and configurable products; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories.

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