Qlogic Cp: (NASD: QLGC)

$9.77

-0.02 (-0.20%)

Volume 1,407,373

Jun 19 04:00 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		9.67 - 9.86
	
		52wk Low - High
		8.63 - 14.48
	
		Previous Close
		9.79
	
		Avg. Volume
		1,216,373
	
		Industry
		COMP-NETWORKS
	
		Market Cap
		871.72 M
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		1.40
	
		P/E (F1)
		25.43
	
		Current Year Est.
		0.38
	
		Quarterly Earnings ESP 
		NA
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Neutral
	
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When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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                                                                Zacks Industry Rank - All current industry ranks. 

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		198 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 04/12/2013

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                Key Earnings Data
            
                            P/E (F1)
                            25.43
                        
                            PEG Ratio
                            3.12
                        
                            Current Year Est.
                            0.38
                        
                            Current Quarter Estimate
                            0.07
                        
                            Most Accurate Estimate
                            NA
                        
                            Earnings ESP 
                            NA
                        
                            Next Earnings Report Date
                            07-25-2013
                        
                            EPS Last Year
                            0.59
                        
                            Expected Earnings Growth
                            8.15%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
QLogic Corporation simplifies the process of networking storage for OEMs, resellers and system integrators with the only end-to-end infrastructure in the industry, consisting of award-winning controller chips, host bus adapters, network switches and management software to move data from the storage device through the fabric to the server. QLogic designs and produces solutions based on all storage network technologies including SCSI, iSCSI, InfiniBand and Fibre Channel. A member of the S&P 500 Index.   
Full QLGC Company Report

 Analyst Report on QLGC

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Turn Earnings Surprises into quick profits.
 
QLGC Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (03/2014)	Next Year (03/2015)
Average Estimate	0.07	0.09	0.39	0.54
Number of Estimates	4	4	4	4
Low Estimate	0.05	0.07	0.32	0.43
High Estimate	0.08	0.11	0.48	NA
Year Ago EPS	0.19	0.13	0.58	0.39
EPS Growth	-61.84%	-32.69%	-33.62%	39.61%

More QLGC Estimates

Average Earnings Estimates for QLGC

EPS Growth for QLGC

Industry Analysis

Name	Symbol	Previous Close
QLOGIC CORP	QLGC	9.79
INFINERA CORP	INFN	11.18
SILICOM LIMITED	SILC	35.50
BROCADE COMM SY	BRCD	5.67
CISCO SYSTEMS	CSCO	24.82
EMULEX CORP	ELX	6.50
EXTREME NETWRKS	EXTR	3.55
IXIA	XXIA	16.86
NETSCOUT SYSTMS	NTCT	24.78
PROCERA NETWRKS	PKT	14.12

Sector:Computer and Technology>> Industry:COMP-NETWORKS

COMPARE TICKER vs. Its Peers

Zacks Commentary

QLogic's Earnings Beat Despite Y/Y Decline

May 06, 2013

Mellanox Incurs Loss in 1Q

Apr 25, 2013

QLogic Leads in Adapter Market

Feb 14, 2013

3M Hikes Dividend Payout

Feb 06, 2013

QLogic Beats 3Q Estimates

Jan 25, 2013

Mellanox Reports Mixed 4Q

Jan 24, 2013

3M Earnings Up on Record Revenues

Jan 24, 2013

3M Launches New Product Portfolio

Jan 22, 2013

More QLGC Zacks Commentary

Financials

EPS TTM	0.59
Sales	485
Net Income	73
Price/Earnings	16.59
Price/Book	1.21
Price/Cash Flow	10.65
Price/Sales	1.80

More QLGC Financials

News

Global Data Center Network Equipment Market 2013 Report - M2

Jun 18, 2013

Potential QLogic (QLGC) Trade Has $8.84 Breakeven - Freshbrewedmedia

Jun 18, 2013

QLogic Enhances Advanced Solutions Partner Program to Meet Growing Demand for Shared Flash Caching in the Data Center - Globenewswire

Jun 18, 2013

QLogic has Relatively Underperformed its Peers in the Computer Storage & Peripherals Industry (QLGC, SYNA, LXK, IN, EMC) - Financial News Network Online - News Corner

Jun 18, 2013

Zoetis Prepares to Join S&P 500 - Close-Up Media

Jun 18, 2013

Zoetis to Join S&P 500; First Horizon National, QLogic Moved to New Indices - TheMotleyFool

Jun 17, 2013

Zoetis Set to Join S&P 500; First Horizon National to Join S&P MidCap 400; QLogic to Join S&P SmallCap 600 - Pr Newswire

Jun 14, 2013

Short-term Underperformance Detected in Shares of Synaptics in the Computer Storage & Peripherals Industry (SYNA, LXK, EMC, QLGC, WDC) - Financial News Network Online - News Corner

Jun 13, 2013

See All News Stories on QLGC

Broker Recommendations

Current ABR	3.40
ABR (Last Week)	3.40
# of recs in ABR	10
Average Target Price	11.13
Industry Rank by ABR	198 out of 265
Rank in Industry	3 out of 17

More QLGC Broker Recommendations

Day Low - High	9.67 - 9.86
52wk Low - High	8.63 - 14.48
Previous Close	9.79
Avg. Volume	1,216,373
Industry	COMP-NETWORKS
Market Cap	871.72 M
Div - Yield	0.00 - 0.00
Beta	1.40
P/E (F1)	25.43
Current Year Est.	0.38
Quarterly Earnings ESP	NA

P/E (F1)	25.43
PEG Ratio	3.12
Current Year Est.	0.38
Current Quarter Estimate	0.07
Most Accurate Estimate	NA
Earnings ESP	NA
Next Earnings Report Date	07-25-2013
EPS Last Year	0.59
Expected Earnings Growth	8.15%

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Qlogic Cp: (NASD: QLGC)

$9.77

-0.02 (-0.20%)

Volume 1,407,373

Jun 19 04:00 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Computer and Technology>> Industry:COMP-NETWORKS

Zacks Commentary

Financials

News

Broker Recommendations