NASDAQ:TQNT
$7.20
(3/19 4:00PM)
+0.8%
| Open | $7.31 |
Mkt Cap | $1.1 Billion |
| High | $7.39 |
52Wk High | $8.59 |
| Low | $7.03 |
52Wk Low | $2.38 |
| Volume | 5.4 Million |
Avg Vol 10D | 3.9 Million |
Ockham's Rating/Recommendation Summary
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TQNT Revenue
For a long time, value investors have used the current share price relative to sales per share levels as an important valuation tool. We utilize a historical weighted average methodology that treats recent years more importantly in the calculation. When looking at TQNT through this framework, we can see that our weighted average historical high and low Price to Sales per share ratios over the last 10 years are 3.38x and 1.14x respectively.
Utilizing this range we can see that TQNT’s current Price to Sales per share ratio of 1.64x is significantly below its average levels historically. In fact, with a current price of $6.98, TQNT is a full 28% below its average Price to Sales ratio at comparable sales levels. This is a rare occurrence and, when taken in context of the other areas of our analysis, can be a strong positive for our outlook for TQNT.
TQNT Cash Earnings
Looking at TQNT specifically in their Cash Earnings capabilities, Ockham views TQNT as significantly below its historical average multiple of cash earnings as calculated by Ockham. Similar to our analysis of sales per share, Ockham looks at the last 7 years of cash earnings levels for TQNT to identify where the current high and low price levels have been historically in relation to profit per share. Again, we utilize a weighted average methodology which relies more heavily on recent years of data. This weighted average framework provides us with an average high Price to Cash Earnings ratio per share of 34.03 and a 11.58 low over the same period.
Now that TQNT’s current price is $6.98 and its Price to Cash Earnings ratio is 17.02, we are very positive on its outlook from the cash earnings perspective. In fact, TQNT is now trading a full 26% below its average historical Price to Cash Earnings ratio at these profit per share levels. When our clients ask us why TQNT has great long term potential, the Cash Earnings levels to current stock is one of our primary reasons. But naturally, now we need for the overall market to recognize this disparity.
TQNT Dividends
When determining a company's future prospects for success, Ockham Research sees analysis of dividend payments as a key additional factor. Even though it isn't imperative for TQNT to shell out a dividend in order to receive a positive rating, it can be helpful to further our analysis. Although they may currently pay a dividend, our data source has no historical record of it for TQNT. Since we cannot apply our historical trend analysis to dividends for TQNT we have a neutral score for the dividend portion of our analysis.
Earnings Per Share at TQNT Were on the Docket at Tech Trader Daily-Barron's
TQNT's earnings per share was discussed on Tech Trader Daily-Barron's which means there is something significant going on. Profits are the metric we pay the most attention to in our methodology.
The Ockham valuation currently has a Fairly Valued stance on TQNT because it trades within the price range that we would expect given current market conditions and fundamentals. It is also notable that we have recently upgraded this stock on Saturday, March 06, 2010 because TQNT is more attractive in many of the valuation metrics we evaluate. Crowd sentiment is favorable on this stock, as measured by the Motley Fool CAPS survey. In comparison to the other stocks that we follow, Triquint Semiconductor, Incorporated has seen more discussion in relation to its normal ranking among the group. Be aware that the news sources we track are focusing on this stock more often these days.
“… TRIQUINT SEMICONDUCTOR (TQNT) this morning said it now expects Q1 revenue at the high of its previous guidance range of $170 million to $175 million, with non-GAAP EPS of 11 cents ... …”
News on TQNT From the Pundits on Tech Trader Daily-Barron's
The latest news from Tech Trader Daily-Barron's on TQNT is available through Ockham's news analytics platform RazorWire.
In comparison to the other stocks that we follow, Triquint Semiconductor, Incorporated has seen more discussion in relation to its normal ranking among the group. Be aware that the news sources we track are focusing on this stock more often these days. Crowd sentiment is favorable on this stock, as measured by the Motley Fool CAPS survey. The Ockham valuation currently has a Fairly Valued stance on TQNT because it trades within the price range that we would expect given current market conditions and fundamentals. It is also notable that we have recently upgraded this stock on Saturday, March 06, 2010 because TQNT is more attractive in many of the valuation metrics we evaluate.
“… tracks the chip industry, thinks many iPhone component suppliers will also sell into the iPad, including Infineon (IFX), Skyworks (SKWS), Triquint (TQNT), Broadcom (BRCM) and ... …”
Triquint Semiconductor, Incorporated (TQNT) Discussed on CNBC's Mad Money
Triquint Semiconductor, Incorporated is in the news. Find out how this impacts TQNT trading on Ockham Research.
Peltier who does stock center news 10, says it has a 20% move. That is not enough. I'm not being greedy here. Triquint, they can be higher. I think TQNT, until it gets to $9, I want you to keep riding congratulations for buying it after the show. We hit one good there. Let's go to ed in texas. Ed. From austin to you, jim. >> man, we keep going back to the university of texas. And how much fun did we have there? And there was that big cow there, man, had I to show him. The steer. I had to show him who's boss. That was the most scared i've ever been. >> caller: his name's bevo. >> yeah, believe me, bit time I was done with bevo he was
“… ne good there. Let's go to ed in texas. Ed. From austin to you, jim. >> man, we keep going back to the university of texas. And how much fun did we have there? And there was that big cow there, man, had I to show him. The steer. I had to show him who's boss. That was the most scared i've ever been. >> caller: his name's bevo. >> yeah, believe me, bit time I was done with bevo he was …”
Triquint Semiconductor, Incorporated (TQNT) Discussed on CNBC's Mad Money
Triquint Semiconductor, Incorporated is in the news. Find out how this impacts TQNT trading on Ockham Research.
Started the show, someone sent me some barbecue just from that you are dead right. It topped even pierce's, which is from outside william and and it's darn good. Jim, my stock is TQNT. TRIQUINT SEMICONDUCTOR. My background on that is about 2 1/2 months ago you mentioned this stock and you said it was kind of under the radar screen, that the big boys hadn't picked up on it yet, but it looked like it had good potential. And so I bought it, and i'm sitting on a 23% gain on that and I reckon my question is this -- the rating agencies are but you know a lot of times they >> yes. >> caller: i'm still holding >> john, I think you're right. My, triquint, my friend dave
“… o you mentioned this stock and you said it was kind of under the radar screen, that the big boys hadn't picked up on it yet, but it looked like it had good potential. And so I bought it, and i'm sitting on a 23% gain on that and I reckon my question is this -- the rating agencies are but you know a lot of times they >> yes. >> caller: i'm still holding >> john, I think you're right. My, triquint, my friend dave …”
Triquint Semiconductor, Incorporated (TQNT) Discussed on CNBC's Mad Money
Triquint Semiconductor, Incorporated is in the news. Find out how this impacts TQNT trading on Ockham Research.
People have never heard of and still make out like a bandit. I'm talking about names like -- TRIQUINT SEMICONDUCTOR. A speculation product. That's TQNT for you home gamers. Never heard of triquint? This $5 and change tech stock used to trade around 50 bucks in the heyday of the tech bubble, totally speculative, but I think
“… ks in the heyday of the tech bubble, totally speculative, but I think …”