DSP Group (DSPG) Given News Impact Score of 0.03

Media coverage about DSP Group (NASDAQ:DSPG) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. DSP Group earned a coverage optimism score of 0.03 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.092139086904 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of DSP Group (DSPG) traded up $0.50 during trading hours on Thursday, hitting $13.25. 67,600 shares of the stock traded hands, compared to its average volume of 74,082. DSP Group has a 12 month low of $9.80 and a 12 month high of $14.20. The firm has a market cap of $295.78, a PE ratio of -189.29, a price-to-earnings-growth ratio of 3.04 and a beta of 0.86.

DSP Group (NASDAQ:DSPG) last issued its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.01. DSP Group had a negative net margin of 1.21% and a positive return on equity of 2.93%. The firm had revenue of $34.30 million during the quarter, compared to analysts’ expectations of $34.00 million. During the same quarter in the previous year, the company earned $0.19 earnings per share. The business’s revenue for the quarter was down 11.6% on a year-over-year basis. equities research analysts predict that DSP Group will post -0.05 EPS for the current fiscal year.

Several equities research analysts recently commented on the stock. Needham & Company LLC restated a “buy” rating and issued a $15.00 price target on shares of DSP Group in a research report on Wednesday, January 3rd. BidaskClub downgraded shares of DSP Group from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Zacks Investment Research upgraded shares of DSP Group from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. TheStreet lowered shares of DSP Group from a “b-” rating to a “c+” rating in a research note on Wednesday, November 8th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $16.00 target price on shares of DSP Group in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $14.60.

In related news, Director Patrick Tanguy sold 15,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $12.80, for a total value of $192,000.00. Following the transaction, the director now directly owns 31,000 shares in the company, valued at $396,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Dror Levy sold 4,060 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $12.85, for a total transaction of $52,171.00. The disclosure for this sale can be found here. In the last three months, insiders sold 57,321 shares of company stock worth $737,774. 5.18% of the stock is currently owned by insiders.

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About DSP Group

DSP Group, Inc is a global provider of wireless and audio chipset solutions for converged communications. Delivering semiconductor system solutions with software and hardware reference designs, the Company enables original equipment manufacturers, original design manufacturers, consumer electronics manufacturers and service providers to develop new products.

Insider Buying and Selling by Quarter for DSP Group (NASDAQ:DSPG)

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