As of May, 31 Marvell Technology Group Ltd. (MRVL) Analysts See $0.26 EPS

May 17, 2018 - By Palma Niemeyer

Marvell Technology Group Ltd. (NASDAQ:MRVL) Corporate Logo
Big Money Sentiment increased to 1.25 in Q4 2017. It has change of 0.15, from 2017Q3’s 1.1. The ratio is positive due to Marvell Technology Group Ltd. positioning: 28 sold and 99 reduced. 56 funds acquired positions and 103 increased positions. Investors holded 376.98 million in 2017Q3 but now own 434.31 million shares or 15.21% more.
Fmr Limited Liability Corporation reported 0.07% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Parkside Bank And holds 0% or 35 shs in its capital. Eidelman Virant invested 3.5% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Laurion Mgmt Lp stated it has 0% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Neuberger Berman Gp Ltd owns 72,777 shs. Teacher Retirement Of Texas holds 0.13% of its capital in Marvell Technology Group Ltd. (NASDAQ:MRVL) for 933,009 shs. Fred Alger Management accumulated 94,773 shs or 0.01% of the stock. Advisors Asset Mngmt owns 49,225 shs. Moreover, California State Teachers Retirement System has 0.03% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL). Us Commercial Bank De accumulated 436,306 shs or 0.03% of the stock. Amer Group Inc has 8,432 shs for 0% of their capital. Mitsubishi Ufj Tru And Banking Corporation reported 802,373 shs or 0.03% of all its holdings. Gsa Capital Prtn Ltd Liability Partnership invested in 41,348 shs. 107,493 are owned by Voya Invest Management Llc. Blackrock has invested 0.02% in Marvell Technology Group Ltd. (NASDAQ:MRVL).

Marvell Technology Group Ltd. (NASDAQ:MRVL) is anticipated to publish earnings on May, 31 after the close., according to Faxor. Analysts expect change of 30.00 % or $0.06 from previous year’s $0.2 earnings per share compared to current’s $0.26 earnings per share. If reported the P/E will be 21.03 with $129.08 million profit. Last quarter $0.28 earnings per share was reported. Analysts sees -7.14 % negative EPS growth this quarter. MRVL is reaching $21.87 during the last trading session, after increased 0.78%.Currently Marvell Technology Group Ltd. is uptrending after 35.98% change in last May 17, 2017. MRVL has 3.69M shares volume. MRVL outperformed the S&P 500 by 24.43%.

Marvell Technology Group Ltd. (NASDAQ:MRVL) Ratings Coverage

In total 22 analysts cover Marvell (NASDAQ:MRVL). “Buy” rating has 19, “Sell” are 0, while 3 are “Hold”. (NASDAQ:MRVL) has 86% bullish analysts. 32 are the (NASDAQ:MRVL)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. The company rating was maintained by Susquehanna on Wednesday, March 7. In Monday, November 20 report Bank of America upgraded it to “Buy” rating and $26.0 target. On Thursday, March 8 Stifel Nicolaus maintained the shares of MRVL in report with “Hold” rating. The stock rating was maintained by FBR Capital with “Buy” on Monday, March 5. In Thursday, March 8 report Piper Jaffray maintained it with “Buy” rating and $28.0 target. In Tuesday, November 21 report Jefferies upgraded the stock to “Buy” rating. On Tuesday, November 21 the rating was maintained by Craig Hallum with “Buy”. On Wednesday, November 29 FBR Capital maintained the shares of MRVL in report with “Buy” rating. On Friday, March 9 the stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) has “Buy” rating given by Jefferies. On Monday, November 27 the firm has “Buy” rating by Cowen & Co given.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits.The firm is worth $10.86 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.21.4 is the P/E ratio. The firm also provides networking products comprising Ethernet solutions comprising Ethernet switches, Ethernet physical-layer transceivers, and single-chip network interface devices; and embedded communication processors.

There’s a substantial Marvell Technology Group Ltd. (NASDAQ:MRVL) news brought out by Fool.com. It’s a report titled: “Here’s Why Marvell’s Pending Purchase of Cavium Networks Looks Brilliant” on May 12, 2018.

Marvell Technology Group Ltd. (NASDAQ:MRVL) Analyst Ratings Chart

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