Analysts Set Marvell Technology Group Ltd. (MRVL) PT at $14.62

P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels. Semiconductor completed this sale on 19/01/2018. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Superior Energy Services Incorporated (NYSE:SPN) had a decrease of 5.17% in short interest. MRVL's SI was 32.27M shares in January as released by FINRA. SCHWARTZ HARVEY M sold 25,000 shares worth $6.13 million. 7,587,439 shares of the company's stock were exchanged, compared to its average volume of 8,645,438. (NASDAQ MRVL) traded down $0.01 during mid-day trading on Friday, reaching $23.68. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. Superior Energy Services, Inc. AT&T Inc. (NYSE:T) has declined 0.52% since January 16, 2017 and is downtrending. It has underperformed by 14.60% the S&P500. Strong Sell. Investors might also notice that two months ago the Buy recommendations (1) outnumbered Sell recommendations (0). This represents a $0.24 dividend on an annualized basis and a yield of 1.04%. It increased, as 46 investors sold UPS shares while 390 reduced holdings.

Hedge funds have recently made changes to their positions in the company. 401.83 million shares or 0.39% less from 403.41 million shares in 2017Q2 were reported. Stockholders of record on Tuesday, December 6th were issued a dividend of $0.06 per share. The semiconductor company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. Bank of Montreal Can now owns 992,462 shares of the semiconductor company's stock worth $21,308,000 after acquiring an additional 614,690 shares during the last quarter. Harber Asset Management accumulated 547,455 shares. Moreover, Ig Inv Mgmt Limited has 0.01% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL) for 55,800 shares. Credit Suisse Ag reported 1.22 million shares. Glenmede Tru Na reported 0.01% stake. Loomis Sayles Ltd Partnership accumulated 773,376 shares or 0.03% of the stock. Tower Rech Lc (Trc) holds 0% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL) for 1,778 shares. Geosphere Mgmt holds 3.93% or 140,000 shares in its portfolio. It also reduced its holding in Corning Inc (NYSE:GLW) by 11,544 shares in the quarter, leaving it with 962 shares, and cut its stake in American Intl Group Inc (NYSE:AIG). Finally, New York State Common Retirement Fund lifted its holdings in Marvell Technology Group by 0.3% in the 2nd quarter. Jericho Capital Asset Management Lp who had been investing in Marvell Technology Group Ltd for a number of months, seems to be less bullish one the $11.69 billion market cap company. The company was maintained on Wednesday, February 1 by Barclays Capital. Therefore 94% are positive. Marvell Technology Group's revenue was down 5.8% on a year-over-year basis. Stifel Nicolaus maintained Caterpillar Inc. Keefe Bruyette & Woods maintained the stock with "Market Perform" rating in Monday, August 29 report. On Wednesday, August 31 the stock rating was initiated by Stephens with "Overweight". Paradigm Capital Management Inc. (NYSE:SPN) on Wednesday, June 21 with "Hold" rating. On Friday, May 26 the stock rating was maintained by Loop Capital Markets with "Buy". The stock of Amazon.com, Inc. (NYSE:SPN) has "Buy" rating given on Wednesday, July 27 by Jefferies. The stock has "Buy" rating by Susquehanna on Monday, November 20. RBC Capital Markets downgraded Superior Energy Services, Inc. Mizuho maintained the shares of AMZN in report on Friday, September 23 with "Buy" rating. The Firm has ATR of 0.28 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price if it was outside of latest range. About 680,684 shares traded. Frontier Cap Management Co Limited Liability Co has invested 0% in Marvell Technology Group Ltd. (NASDAQ:MRVL). It has outperformed by 47.84% the S&P500. The Wisconsin-based Broadview Advisors Ltd Liability Corporation has invested 0.97% in Marvell Technology Group Ltd. (NASDAQ:MRVL).


Since August 22, 2017, it had 0 buys, and 1 insider sale for $2.02 million activity. On average, analysts forecast that Marvell Technology Group will post $0.58 earnings per share for the current fiscal year.

Marvell Technology Group Ltd.is a semiconductor provider of application-specific standard products. The company has market cap of $11.63 billion. It offers a range of storage products, such as hard disk drive and solid-state drive controllers, as well as HDD components, such as HDD preamps components; and develops software enabled silicon solutions consisting of serial advanced technology attachment port multipliers, bridges, serial attached SCSI, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprise, data centers, and cloud computing businesses. The price/earnings ratio (P/E) is 41.27 and the forward P/E ratio stands at 18.14. The Company develops System-on-a-Chip (SoC) devices. 949,373 are held by Wellington Group Limited Liability Partnership. Therefore 64% are positive.

Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. Marvell Technology Group's revenue for the quarter was down 5.8% compared to the same quarter last year. analysts expect that Marvell Technology Group will post 1.01 earnings per share for the current year. Icon Advisers Inc. Co. purchased a new position in shares of Marvell Technology Group in the second quarter worth about $1,445,000. Bank of Montreal Can boosted its position in Marvell Technology Group by 162.7% during the fourth quarter.

Related News:

  • China economy records 6.9 percent growth, accelerates for first time since 2010

    China economy records 6.9 percent growth, accelerates for first time since 2010

    While vowing a crackdown on financial risk and local government debt, leaders called for a reasonable credit expansion this year. Growth in fixed asset investment, much of it government-directed, fell to the slowest pace since 1999 at 7.2% previous year .
    Security, intelligence cooperation with US non-existent, reiterates defence minister

    Security, intelligence cooperation with US non-existent, reiterates defence minister

    "These mindsets, Akbaruddin declared, "need to change", Lodhi said that Pakistan was against terrorism , is itself a victim". Jadhav was captured by Pakistan in 2016 and was sentenced to death by a military court-martial a year ago .
    Navy Submitting Murder Prices on Ship Commanders Over Collisions

    Navy Submitting Murder Prices on Ship Commanders Over Collisions

    McCain, an Arleigh Burke-class guided-missile destroyer collided with a Liberian merchant vessel August 21, 2017 near Singapore. The Navy's investigation of the two collisions found that in addition to bad judgment, the crews were not adequately prepared.
  • Record Share of Americans Strongly Disapprove of Trump

    Record Share of Americans Strongly Disapprove of Trump

    Four countries are happy with the way President Trump leads the United States- Belarus, Macedonia, Israel, and Liberia. Regionally, the image of USA leadership suffered most in the Americas, where approval ratings dropped to a new low.
    Koreas agree to form united Olympic team

    Koreas agree to form united Olympic team

    Foreign minister Kang Kyung-wha said Seoul would ensure the North's participation did not defy sanctions imposed over Pyongyang's nuclear weapons.
    Cooper Tire & Rubber Co (CTB) Shares Sold by Stifel Financial Corp

    Cooper Tire & Rubber Co (CTB) Shares Sold by Stifel Financial Corp

    The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. Checking in on some valuation rankings, The Goodyear Tire & Rubber Company (NasdaqGS:GT) has a Value Composite score of 10.
  • Parrikar refuses striking taxi trades speed governor demand

    Parrikar refuses striking taxi trades speed governor demand

    The All Goa Private Bus Owners Association has hinted at joining the protest against speed governors. Installation of speed governor was part the Supreme Court's directives, he said.
    Trump's Doctor Says He'll Live To 200 With Some Slight Dietary Adjustments

    Trump's Doctor Says He'll Live To 200 With Some Slight Dietary Adjustments

    Jackson said Trump had also performed well on a cognitive assessment, which the president had specifically requested. Trump's blood pressure was 122 over 74, and his total cholesterol was 223, which is higher than recommended.
    Grammy Recruits Country Stars for Tribute

    Grammy Recruits Country Stars for Tribute

    The Grammys, which will be hosted by James Corden, take place on January 28 at New York City's Madison Square Garden. Other performers at the 2018 Grammy Awards include Little Big Town , Miley Cyrus, Kesha and Elton John .
  • Time To Buy Bristol Myers (NYSE:BMY)? SunTrust Robinson Upgrades Shares Today

    Moreover, New York State Common Retirement Fund has 0% invested in KEMET Corporation (NYSE:KEM) for 48,800 shares. (NASDAQ:SNPS). It increased, as 17 investors sold KEM shares while 22 reduced holdings. 15 funds opened positions while 26 raised stakes.

    Riley Analysts Give JC Penney (JCP) a $4.00 Price Target

    When we look at the Volatility of the company, Week Volatility is at 5.43% whereas Month Volatility is at 6.08%. The average FCF of a company is determined by looking at the cash generated by operations of the company.
    Federer shines as Djokovic survives brutal heat test

    Federer shines as Djokovic survives brutal heat test

    The Russian only needed 80 minutes to book her spot in the second round after defeating Maria, 6-1, 6-4. At 4-4 a backhand victor got Sharapova to break point, and she converted on a follow-up screaming shot.


Most liked

Coastline Trust Co Cuts Stake in NextEra Energy Inc (NEE)
The utilities provider reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.77 by $0.08. First Commonwealth Corp Pa reported 0.27% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) are -3.46% since the start of 2016.

Fire and Fury author Michael Wolff says Trump having an affair
The " Real Time " host asked Wolff if there's anything in the book that he wishes people would ask him about. After three months, neither one of the men is serving in the U.S.

House Intelligence Committee releases Fusion GPS testimony transcript
The panel is conducting one of the two major congressional investigations of Trump , Russia and the 2016 US election. Trump's overseas business deals, his history with regard to tax disputes" and labor practices with his clothing line.

Who Bears the Blame for a Government Shutdown?
Earlier in the day, a meeting between President Donald Trump and the Senate's top Democrat failed to yield a breakthrough. Earlier, Trump held a last-minute meeting with Schumer to avert a government shutdown due to lack of funds.

Australian Open 2018: Roger Federer and Rafael Nadal agree on one thing
Ninth-seeded Johanna Konta was more exposed to the heat on an outside court, and lost to USA lucky loser Bernarda Pera 6-4, 7-5. In the second set, Sharapova was broken while serving for the match, sending it to the tiebreaker which she dominated.

Australian Open: Federer, Djokovic shine, Raonic crash
Federer had said: "I'm not at 100 per cent, but you never know in a week's time what's going to be happening". I'm anxious it kind of won't be (as good as last year) because I'm a year older, guys are coming back again.

Follow India vs Pakistan match
Earlier, India continued their rich vein of form as they defeated Bangladesh by seven wickets to qualify for the finals. India's Deepak Mallik, one of the key players of the tournament, played an integral role in the seven-wicket win.

White House chief of staff: Durbin-Graham bill wasn't inclusive enough
Sanjay Gupta suggests President Trump has a common form of heart disease , based on the results of his coronary calcium CT scan. A NEW social media " movement " demanding Donald Trump step on the scales live on TV is gaining momentum.

Larry Nassar Victims Speak At Sentencing Hearing
But she said she didn't want to risk her chance at making the Olympic team. She then turned her attention to Nassar himself.

Will Ferrell Interrupts Roger Federer Interview, Goes Full Ron Burgundy
Day passes cost £4.99 while an annual pass cost £29.99 and gives you access to both channels on a range of devices all year round. Roger Federer and Simona Halep continue to cruise in the Australian Open , and will play in third-round matches on Friday.

Senators divided, Trump staying in town as shutdown nears
The poll states that 48% of voters put the blame on Trump and congressional members of the GOP , while 28% hold the Democrats responsible.

Minerva Punjab FC players report fixing approach
They have accumulated 22 points and have a three-point lead over second-placed East Bengal with a match in hand. Football in India is slowly finding its feet and lo and behold the ugly head of match-fixing has resurfaced.

Seoul demands explanation for cancellation of NK team's planned visit
In fact, the majority of Koreans, North and South, desire peace and steps towards reunification. "Media reports of daylight between Seoul and Washington are exaggerated".

Whatsapp Officially Launched New Business Edition with Message Analytics
A new account type will be introduced allowing companies to represent themselves as a brand and to provide customer service. WhatsApp Business, now available only on Android, went live on Thursday in the US, UK, Indonesia, Italy and Mexico.

European Union vote to ban palm biodiesel is 'Black Day' for free trade
Mah said Malaysia will not tolerate defamatory actions towards the palm oil industry. Palm oil exports are a key source of revenue for Malaysia.