Northland Securities analyst Gus Richard maintained a Hold rating on Vicor (NASDAQ:VICR) Corp on Friday, setting a price target of $55, which is approximately 33.02% below the present share price of $82.11.
Richard expects Vicor Corp to post earnings per share (EPS) of $0.06 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Vicor, with an average price target of $80.
The analysts price targets range from a high of $100 to a low of $55.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $70.76 million and a net profit of $2.03 million. The company's market cap is $3.54 billion.
According to TipRanks.com, Northland Securities analyst Gus Richard is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.4% and a 68.44% success rate.
Vicor Corp. engages in the design, development, manufacture, and marketing of modular power components and complete power systems based upon a portfolio of patented technologies. It operates through the following segments: Brick Business Unit, VI Chip, Picor, and Corporate. The Brick Business Unit provides modular power converters and configurable products. The VI Chip segment offers advanced power component products, through the company's subsidiary VI Chip Corp. The Picor segment includes integrated circuits and related products for use in a variety of power system applications. The Corporate segment consists of those operations and assets shared by all operating segments. The company was founded by Patrizio Vinciarelli in 1981 and is headquartered in Andover, MA.