QuickLogic (QUIK) closed the most recent trading day at $7.20, moving +1.41% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.47%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.9%.
Heading into today, shares of the maker of chips for mobile and portable electronics manufacturers had lost 8.74% over the past month, lagging the Computer and Technology sector's loss of 1.96% and the S&P 500's loss of 0.16%.
The investment community will be closely monitoring the performance of QuickLogic in its forthcoming earnings report. The company is scheduled to release its earnings on March 3, 2026. The company is expected to report EPS of -$0.11, down 375% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $3.5 million, indicating a 38.6% downward movement from the same quarter last year.
QUIK's full-year Zacks Consensus Estimates are calling for earnings of -$0.48 per share and revenue of $13.6 million. These results would represent year-over-year changes of -1300% and -32.38%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for QuickLogic. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. QuickLogic is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, QuickLogic is holding a Forward P/E ratio of 142. This valuation marks a premium compared to its industry average Forward P/E of 37.57.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 59, which puts it in the top 25% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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QuickLogic Corporation (QUIK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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