Marvell Technology Group Ltd. (MRVL) will report its next earnings on Feb 27 AMC. The company reported the earnings of $0.34/Share in the last quarter where the estimated EPS by analysts was $0.33/share. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 3%.
Many analysts are providing their Estimated Earnings analysis for Marvell Technology Group Ltd. and for the current quarter 23 analysts have projected that the stock could give an Average Earnings estimate of $0.31/share. These analysts have also projected a Low Estimate of $0.31/share and a High Estimate of $0.32/share.
In case of Revenue Estimates, 21 analysts have provided their consensus Average Revenue Estimates for Marvell Technology Group Ltd. as 610.99 Million. According to these analysts, the Low Revenue Estimate for Marvell Technology Group Ltd. is 610 Million and the High Revenue Estimate is 620.3 Million. The company had Year Ago Sales of 571.4 Million.
These analysts also forecasted Growth Estimates for the Current Quarter for MRVL to be 40.9%. They are projecting Next Quarter growth of 20.8%. For the next 5 years, Marvell Technology Group Ltd. is expecting Growth of 22.45% per annum, whereas in the past 5 years the growth was -7.52% per annum.
Some buy side analysts are also providing their Analysis on Marvell Technology Group Ltd., where 3 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it’s a HOLD, and 1 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Marvell Technology Group Ltd. might touch $34 high while the Average Price Target and Low price Target is $26.86 and $18.5 respectively.
The Relative Volume of the company is 0.97 and Average Volume (3 months) is 9.69 million. The company’s P/E (price to earnings) ratio is 37.2 and Forward P/E ratio of 16.35.
While it’s Return on Investment (ROI) value is 0.7%.
While looking at the Stock’s Performance, Marvell Technology Group Ltd. currently shows a Weekly Performance of -8.96%, where Monthly Performance is -8.8%, Quarterly performance is 16.79%, 6 Months performance is 37.3% and yearly performance percentage is 35.81%. Year to Date performance value (YTD perf) value is -0.56%. The Stock currently has a Weekly Volatility of 3.28% and Monthly Volatility of 2.38%.