Research Report For Marvell Technology Group Ltd. (MRVL)
- Author: Zachary Reyes Jun 21, 2017,
Jun 21, 2017, 10:34
About 2.21M shares traded. The value of the investment in Marvell Technology Group Ltd. went from $14,912,000 to $14,843,000 a change of $69,000 since the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Marvell Technology Group by 7.7% in the first quarter. Clearbridge Llc acquired 39,210 shares as Criteo S A (CRTO)'s stock rose 9.38%. Winfield owns 320 shares for 0% of their portfolio. The average true range of the stock is observed at 0.49 and the relative strength index of the stock is recorded at 56.38. About 197,630 shares traded. Accenture Plc (NYSE:ACN) has risen 4.27% since June 19, 2016 and is uptrending. The company has market cap of $9.36 billion.
The company has been one of the biggest innovators in "Semiconductor - Integrated Circuits" employing approximately 4617 full time employees. It has a 7.01 P/E ratio. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement.
If the ratio is greater than 1, then that means there has been an increase in price over the month. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. Analysts on average have given a price target of $19.5 to Marvell Technology Group Ltd. stock. FNY Partners Fund LP raised its stake in shares of Marvell Technology Group by 170,794.0% in the first quarter. 320.44 million shares or 1.34% more from 316.19 million shares in 2016Q3 were reported. Macquarie Grp holds 14,100 shares or 0% of its portfolio. Savings Bank Of Mellon invested in 0.01% or 2.28 million shares.
Marvell Technology Group (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, May 25th. Jpmorgan Chase And reported 0.01% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL). 20,862 were accumulated by Ahl Prtn Llp.
Equities research analysts expect Marvell Technology Group Ltd. (NASDAQ:MRVL) to report earnings of $0.23 per share for the current fiscal quarter, according to Zacks Investment Research. They now have a United States dollars 21 price target on the stock. Pub Employees Retirement Association Of Colorado holds 0.01% or 88,629 shares.
The (Simple Month Average) SMA20 is at 1 percent, its SMA50 Value is 8.93% and SMA200 value is reported as 18.71 Percent. Marvell Technology Group's dividend payout ratio is presently 82.76%.
Let's have a look at some of the important valuation ratios of the Marvell Technology Group Ltd. (MRVL). Therefore 45% are positive. The legal version of this piece of content can be accessed at https://sportsperspectives.com/2017/06/21/marvell-technology-group-ltd-mrvl-upgraded-to-outperform-at-cibc-updated-updated-updated.html. The rating was maintained by BMO Capital Markets with "Market Perform" on Monday, September 14. The rating was upgraded by Credit Suisse to "Outperform" on Wednesday, December 7. In this case, shares are down -3.32% from $17.93, the 52-week high touched on Jun. 06, 2017, and are keeping their losses at 68.09% for the past 12 months. Marvell Technology Group has a consensus rating of "Buy" and an average target price of $17.93.
On June 20 the company was upgraded to "Overweight" from " by analysts at Pacific Crest. The firm has "Hold" rating by Jefferies given on Thursday, May 25. Therefore 71% are positive. Marvell Technology Group had 70 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has "Positive" rating by Susquehanna on Monday, August 10. The firm has "Buy" rating given on Friday, May 26 by Susquehanna. The company was downgraded on Friday, September 11 by FBR Capital. The firm earned "Neutral" rating on Wednesday, August 5 by Citigroup. UBS has "Sell" rating and $6 target. This figure is found by taking the postscript price and multiplying it by the total number of shares outstanding. 94,071 were reported by Kcg Holding. Morgan Stanley increased their price target on Marvell Technology Group from $17.00 to $18.50 and gave the stock an "equal weight" rating in a report on Tuesday, May 30th.
Investors sentiment decreased to 1.13 in Q4 2016. Its up 0.20, from 1.07 in 2016Q3. 27 funds opened positions while 53 raised stakes. Amp Investors Limited reported 648,698 shares. Manchester Mngmt Limited Co reported 0.01% of its portfolio in Goodyear Tire & Rubber Co (NASDAQ:GT). 29,125 are owned by King Luther Capital Mgmt. Westpac Bk Corp accumulated 596,669 shares or 0% of the stock. Paloma Ptnrs Mngmt Com owns 81,549 shares. Utd Ser Automobile Association stated it has 11,737 shares or 0% of all its holdings. Winfield Assocs invested in 0% or 320 shares. A high ROE indicates successfully earning more assets and value for its shareholders off its reinvested earnings. 51,020 were reported by Royal National Bank & Trust Of Canada. Loomis Sayles And Lp stated it has 0.03% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO). Cenovus Energy Inc (NYSE:CVE) was reduced too.