$-0.11 EPS Expected for Hydrogenics (HYGS); Semtech (SMTC) Has 1.11 Sentiment

April 20, 2018 - By Hazel Jackson

Hydrogenics Corporation (NASDAQ:HYGS) Logo

Semtech Corp (SMTC) investors sentiment increased to 1.11 in 2017 Q4. It’s up 0.09, from 1.02 in 2017Q3. The ratio is better, as 99 funds increased or started new equity positions, while 89 sold and reduced their stakes in Semtech Corp. The funds in our database reported: 63.42 million shares, up from 61.66 million shares in 2017Q3. Also, the number of funds holding Semtech Corp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 30 Reduced: 59 Increased: 71 New Position: 28.

Analysts expect Hydrogenics Corporation (NASDAQ:HYGS) to report $-0.11 EPS on May, 11.They anticipate $0.07 EPS change or 38.89% from last quarter’s $-0.18 EPS. After having $-0.07 EPS previously, Hydrogenics Corporation’s analysts see 57.14% EPS growth. The stock decreased 1.75% or $0.15 during the last trading session, reaching $8.4. About 8,540 shares traded. Hydrogenics Corporation (NASDAQ:HYGS) has risen 25.00% since April 20, 2017 and is uptrending. It has outperformed by 13.45% the S&P500.

Investors sentiment decreased to 1.64 in Q4 2017. Its down 1.03, from 2.67 in 2017Q3. It dropped, as 3 investors sold Hydrogenics Corporation shares while 8 reduced holdings. 10 funds opened positions while 8 raised stakes. 3.55 million shares or 0.97% more from 3.52 million shares in 2017Q3 were reported. Fincl Bank Of America De holds 666 shares. Manatuck Hill Partners reported 1.36% of its portfolio in Hydrogenics Corporation (NASDAQ:HYGS). Peak6 L P reported 76,582 shares. 21,300 are held by Renaissance Tech Ltd Liability Corporation. Deutsche Fincl Bank Ag accumulated 13,104 shares. Stratos Wealth Ptnrs reported 10,350 shares. 1,994 are owned by Tower Research Capital Limited Liability Company (Trc). Winch Advisory Svcs Limited Liability Com stated it has 345 shares or 0% of all its holdings. 4 were accumulated by Carroll Financial Assoc Incorporated. 45 were reported by Barclays Pcl. Herald Mngmt Ltd has invested 1.92% in Hydrogenics Corporation (NASDAQ:HYGS). Susquehanna Interest Group Limited Liability Partnership owns 30,261 shares. Moreover, Wolverine Asset Mngmt has 0.02% invested in Hydrogenics Corporation (NASDAQ:HYGS) for 157,726 shares. Invesco holds 50,433 shares. Morgan Stanley reported 0% in Hydrogenics Corporation (NASDAQ:HYGS).

Hydrogenics Corporation, together with its subsidiaries, designs, develops, and makes hydrogen generation products based on water electrolysis technology; and fuel cell products based on proton exchange membrane technology. The company has market cap of $129.67 million. It operates in two divisions, OnSite Generation and Power Systems. It currently has negative earnings. The OnSite Generation segment develops products for industrial gas, hydrogen fueling, and renewable energy storage markets.

Among 5 analysts covering Hydrogenics (NASDAQ:HYGS), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Hydrogenics had 18 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, August 31 by H.C. Wainwright. The stock has “Buy” rating by H.C. Wainwright on Tuesday, August 8. The firm has “Hold” rating by Cowen & Co given on Thursday, September 14. Rodman & Renshaw maintained it with “Buy” rating and $10 target in Tuesday, November 8 report. Roth Capital maintained Hydrogenics Corporation (NASDAQ:HYGS) rating on Friday, January 19. Roth Capital has “Buy” rating and $14.0 target. The stock of Hydrogenics Corporation (NASDAQ:HYGS) has “Market Perform” rating given on Wednesday, December 2 by Cowen & Co. The rating was maintained by TH Capital on Monday, November 16 with “Buy”. Zacks downgraded the shares of HYGS in report on Friday, August 14 to “Hold” rating. The stock of Hydrogenics Corporation (NASDAQ:HYGS) has “Buy” rating given on Saturday, August 15 by Roth Capital. Cowen & Co maintained the shares of HYGS in report on Monday, July 10 with “Hold” rating.

Since January 1, 0001, it had 0 insider purchases, and 32 selling transactions for $6.68 million activity.

Analysts await Semtech Corporation (NASDAQ:SMTC) to report earnings on May, 30. They expect $0.20 EPS, down 28.57% or $0.08 from last year’s $0.28 per share. SMTC’s profit will be $13.31M for 53.34 P/E if the $0.20 EPS becomes a reality. After $0.38 actual EPS reported by Semtech Corporation for the previous quarter, Wall Street now forecasts -47.37% negative EPS growth.

Mesirow Financial Investment Management holds 1.03% of its portfolio in Semtech Corporation for 424,690 shares. Cortina Asset Management Llc owns 633,971 shares or 0.95% of their US portfolio. Moreover, Penn Capital Management Co Inc has 0.94% invested in the company for 393,084 shares. The Texas-based Stephens Investment Management Group Llc has invested 0.94% in the stock. Rice Hall James & Associates Llc, a California-based fund reported 599,843 shares.

Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products. The company has market cap of $2.84 billion. The firm provides signal integrity products, including a portfolio of optical communications, broadcast video, and backplane products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for optical transceivers, backplane, and high-speed interface applications. It has a 79.03 P/E ratio. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications.

Semtech Corporation (NASDAQ:SMTC) Institutional Positions Chart

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