According to Zacks, “Vicor Corporation designs, manufactures and markets innovative, high performance modular power components, from bricks to semiconductor-centric solutions, to enable customers to efficiently convert and manage power from the wall plug to the point-of-load. Vicor offers comprehensive product lines addressing a broad range of power conversion and management requirements across all power distribution architectures, including CPA, DPA, IBA, FPA and CBA. Vicor focuses on solutions for performance-critical applications in the following markets: enterprise and high performance computing, telecommunications and network infrastructure, industrial equipment and automation, vehicles and transportation and aerospace and defense electronics. Vicor’s holistic approach gives power system architects the flexibility to choose from modular, plug-and-play components ranging from bricks to semiconductor-centric solutions. “
A number of other research firms have also weighed in on VICR. Craig Hallum assumed coverage on Vicor in a research note on Monday, August 12th. They set a buy rating and a $43.00 price objective on the stock. BidaskClub raised Vicor from a sell rating to a hold rating in a research note on Friday, July 19th. CJS Securities assumed coverage on Vicor in a research note on Monday, June 10th. They set a buy rating and a $40.00 price objective on the stock. ValuEngine raised Vicor from a hold rating to a buy rating in a research note on Thursday, August 1st. Finally, Northland Securities reissued a buy rating and set a $39.00 price objective on shares of Vicor in a research note on Wednesday, April 24th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Vicor presently has a consensus rating of Buy and an average target price of $39.50.
Shares of NASDAQ:VICR opened at $29.49 on Tuesday. The business’s 50 day moving average price is $30.56 and its 200-day moving average price is $32.27. The firm has a market capitalization of $1.19 billion, a PE ratio of 37.81 and a beta of 0.70. Vicor has a 1 year low of $26.50 and a 1 year high of $63.75.
Vicor (NASDAQ:VICR) last released its quarterly earnings data on Thursday, July 25th. The electronics maker reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.06). The company had revenue of $63.36 million for the quarter, compared to analyst estimates of $68.00 million. Vicor had a return on equity of 14.37% and a net margin of 9.53%. On average, analysts forecast that Vicor will post 0.55 earnings per share for the current year.
A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its position in shares of Vicor by 283.7% in the fourth quarter. Bank of America Corp DE now owns 16,107 shares of the electronics maker’s stock valued at $609,000 after acquiring an additional 11,909 shares during the period. Legal & General Group Plc boosted its position in shares of Vicor by 1.5% in the fourth quarter. Legal & General Group Plc now owns 35,137 shares of the electronics maker’s stock valued at $1,325,000 after acquiring an additional 530 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Vicor by 10.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 495,575 shares of the electronics maker’s stock valued at $18,728,000 after acquiring an additional 48,853 shares during the period. Trellus Management Company LLC boosted its position in shares of Vicor by 1.5% in the first quarter. Trellus Management Company LLC now owns 129,945 shares of the electronics maker’s stock valued at $4,031,000 after acquiring an additional 1,900 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Vicor in the first quarter valued at approximately $343,000. Institutional investors own 29.06% of the company’s stock.
Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power worldwide. It operates through Brick Business Unit, VI Chip, and Picor segments. The company offers a range of brick-format DC-DC converters and configurable products; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
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