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QUIK

QuickLogic NasdaqCM:QUIK Stock Report

Last Price

US$6.47

Market Cap

US$84.8m

7D

2.5%

1Y

11.6%

Updated

02 Oct, 2022

Data

Company Financials +
QUIK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

QUIK Stock Overview

QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices.

QuickLogic Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for QuickLogic
Historical stock prices
Current Share PriceUS$6.47
52 Week HighUS$9.21
52 Week LowUS$4.25
Beta1.76
1 Month Change-1.97%
3 Month Change-17.47%
1 Year Change11.55%
3 Year Change31.67%
5 Year Change-72.16%
Change since IPO-96.95%

Recent News & Updates

Sep 20

QuickLogic raises gross proceeds of ~$3.2M in registered direct offering

QuickLogic (NASDAQ:QUIK) said current institutional investors purchased 487,279 registered shares, or about 3.9% of the outstanding shares as of Sep. 14, to raise gross proceeds of ~$3.2M. The fabless semiconductor company's registered direct offering took place at a price of $6.57 per share. Source: Press Release

Sep 08

QuickLogic bags $6.9M contract for Strategic Radiation Hardened FPGA Technology

QuickLogic (NASDAQ:QUIK) has been awarded a $6.9M base contract, beginning this month, to develop and demonstrate Strategic Radiation Hardened (or SRH), high reliability Field Programmable Gate Array (or FPGA) technology to support identified and future Department of Defense strategic and space system requirements. The agreement is with the Army Contracting Command – Rock Island (ACC-RI) under the authority of the Cornerstone OTA and will be based on a microelectronic fabrication process implemented at a US-owned and continental US (or CONUS)-based manufacturing facility. Upon successful performance of the base, and at the discretion of the US Government, the contract allows for options totaling ~$72M over the span of multiple years. Work will be performed at its facilities in San Jose, California.

Shareholder Returns

QUIKUS SemiconductorUS Market
7D2.5%-3.9%-2.5%
1Y11.6%-28.9%-23.2%

Return vs Industry: QUIK exceeded the US Semiconductor industry which returned -28.9% over the past year.

Return vs Market: QUIK exceeded the US Market which returned -23.2% over the past year.

Price Volatility

Is QUIK's price volatile compared to industry and market?
QUIK volatility
QUIK Average Weekly Movement8.8%
Semiconductor Industry Average Movement7.8%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: QUIK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: QUIK's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198848Brian Faithhttps://www.quicklogic.com

QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low power field programmable gate arrays (FPGAs); and analytics toolkit, an end-to-end software suite that offers processes for developing pattern matching sensor algorithms using machine learning technology, as well as programming hardware and design software solutions. The company’s products include pASIC 3, QuickRAM, QuickPCI, EOS, QuickAI, SensiML Analytics Studio, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II, as well as silicon platforms, IP cores, software drivers, firmware, and application software.

QuickLogic Corporation Fundamentals Summary

How do QuickLogic's earnings and revenue compare to its market cap?
QUIK fundamental statistics
Market CapUS$84.80m
Earnings (TTM)-US$4.55m
Revenue (TTM)US$16.20m

5.2x

P/S Ratio

-18.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QUIK income statement (TTM)
RevenueUS$16.20m
Cost of RevenueUS$6.39m
Gross ProfitUS$9.81m
Other ExpensesUS$14.37m
Earnings-US$4.55m

Last Reported Earnings

Jul 03, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin60.58%
Net Profit Margin-28.10%
Debt/Equity Ratio150.2%

How did QUIK perform over the long term?

See historical performance and comparison