Marvell Technology Group Ltd. (NASDAQ:MRVL) Valuation According To Analysts

Marvell Technology Group Ltd. (MRVL)'s average Piotroski F-Score: 9 during the last 7 years. The stock price hovered in an intraday range of $18.31- $18.54. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Research analysts study publicly traded companies and make recommendations on the securities of those companies.

Marvell Technology Group Ltd.is a semiconductor provider of application-specific standard products. The stock traded on unusually surged volume of 4.7 Million comparing to the average volume of 5729.64 shares, completing picture of exact trends with uncompleted dots in volume over the norm. Marvell Technology Group had 90 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs to "Neutral" on Wednesday, March 1. The shares were sold at an average price of $18.52, for a total value of $34,123,100.00. Marvell Technology Group has $2500 highest and $6 lowest target.

Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock. Marvell Technology Group Ltd. has a 52-week low of 12.30 and a 52-week high of 18.72. Marvell Technology Group's payout ratio is now 47.06%. AHL Partners LLP controls 215,321 shares valued at $3,557,000.

On Thursday, September 14th, Sehat Sutardja sold 1,375,000 shares of Marvell Technology Group stock. The shares were sold at an average price of $17.41, for a total value of $8,571,691.63. Raymond James maintained the stock with "Buy" rating in Tuesday, September 1 report. The shares were sold at an average price of $17.46, for a total value of $18,199,308.78. (MRVL) remained flat at $18.51 on Wednesday. Eaton Vance Mgmt owns 179,568 shares or 0.01% of their U.S. portfolio.

Day traders strive to make money by exploiting minute price movements in individual assets (usually stocks, though currencies, futures, and options are traded as well), usually leveraging large amounts of capital to do so, therefore they trade on Stocks in Play. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Axa invested 0.16% in Marvell Technology Group Ltd. (NASDAQ:MRVL).

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.

21 analysts on average are expecting the company to report revenue of $567.64 Million for the current quarter. Shares have moved $5.17 over the past month and more recently, $0.43 over the past week heading into the earnings announcement. Northland Capital maintained Marvell Technology Group Ltd. (NASDAQ:MRVL) rating on Monday, September 14. Investors of record on Tuesday, October 10th will be issued a $0.06 dividend.

The stock now shows its YTD (Year to Date) performance of 33.02 percent, whereas its Weekly performance stands at 0.27%. Mitsubishi UFJ maintained the shares of EQGP in report on Friday, October 14 with "Outperform" rating. Marvell Technology Group's payout ratio is 47.06%. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and global copyright laws.

Institutions own 81.20% of NIKE, Inc. Lyon Street Capital LLC increased its position in Marvell Technology Group by 10.1% in the first quarter. Creative Planning increased its position in Marvell Technology Group by 39.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,969 shares of the semiconductor company's stock valued at $122,000 after buying an additional 7,536 shares during the last quarter. Argent Capital Management Llc who had been investing in Marvell Technology Group Ltd for a number of months, seems to be less bullish one the $9.18B market cap company. Sensato Investors LLC acquired a new stake in shares of Marvell Technology Group during the second quarter worth about $6,848,000.

Several equities research analysts have recently weighed in on MRVL shares. Nomura maintained Marvell Technology Group Ltd. (NASDAQ:MRVL) rating on Friday, September 25. After having $0.25 EPS previously, Marvell Technology Group Ltd.'s analysts see 12.00 % EPS growth. The stock's price to sales ratio for trailing twelve months is 3.87 and price to book ratio for the most recent quarter is 2.32, whereas price to cash per share for the most recent quarter are 5.86. Net profit margin of Marvell Technology Group Ltd. (MRVL) was recorded at 0 percent, operating profit margin was 0 percent, while gross profit margin stands at 58.6 percent.

Based on the latest notes released to investors, 4 analysts have issued a rating of "buy", 8 analysts "outperform", 11 analysts "hold", 1 analysts "underperform" and 1 analysts "sell". Liquidity allows an investor to enter and exit a stock at a good price (i.e. tight spreads, or the difference between the bid and ask price of a stock, and low slippage, or the difference between the predictable price of a trade and the actual price).

05/26/2017 - Marvell Technology Group Ltd. had its "equal weight" rating reiterated by analysts at Morgan Stanley. The Firm is engaged in the design, development and sale of integrated circuits. The Company develops System-on-a-Chip (SoC) devices.

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