Quicklogic Corp
Semiconductors
Quicklogic Corp (QUIK) Stock News
The latest QUIK headlines and market coverage — 2 recent stories, updated throughout the day.
- Zacks Investment Research·
QuickLogic (QUIK) Declines More Than Market: Some Information for Investors
QuickLogic (QUIK) declined 4.33% to $10.38, underperforming the S&P 500's 0.06% loss. Despite strong revenue growth expectations of 170.94% for the upcoming quarter and 74.24% for the full year, the stock has lagged its sector by 4.57% over the past month. QuickLogic carries a Zacks Rank of #4 (Sell) with consensus EPS estimates remaining steady.
- Zacks Investment Research·
Brokers Suggest Investing in QuickLogic (QUIK): Read This Before Placing a Bet
While brokers give QuickLogic an average Buy recommendation (ABR of 2.00), the article cautions investors to be skeptical. The Zacks Rank system rates QUIK as a Sell (#4) due to a 13% decline in consensus earnings estimates over the past month, with analysts becoming increasingly pessimistic about the company's earnings prospects. The article argues that brokerage recommendations are often overly optimistic due to conflicts of interest, and that earnings estimate revisions are a more reliable indicator of near-term stock performance.