$-0.02 EPS Expected for CEVA, Inc. (CEVA)

July 11, 2018 - By Jacob Reddy

CEVA, Inc. (NASDAQ:CEVA) LogoInvestors sentiment increased to 1.4 in 2018 Q1. Its up 0.47, from 0.93 in 2017Q4. It is positive, as 21 investors sold CEVA, Inc. shares while 29 reduced holdings. 18 funds opened positions while 52 raised stakes. 18.30 million shares or 0.51% less from 18.39 million shares in 2017Q4 were reported.
Dimensional Fund Lp accumulated 633,891 shares or 0.01% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). 502 are held by Tower Rech Capital Limited Liability Corp (Trc). Public Employees Retirement Systems Of Ohio has 0.02% invested in CEVA, Inc. (NASDAQ:CEVA). Citigroup Incorporated reported 5,106 shares stake. Riverhead Capital Ltd Liability holds 1,651 shares. 6,209 were accumulated by Pinebridge Investments L P. Rhumbline Advisers owns 51,384 shares. Jpmorgan Chase And holds 0% or 26,521 shares in its portfolio. Asset One Limited has 0.06% invested in CEVA, Inc. (NASDAQ:CEVA) for 739,054 shares. Louisiana State Employees Retirement System reported 9,900 shares or 0.02% of all its holdings. Disciplined Growth Mn invested in 594,506 shares or 0.42% of the stock. Texas Permanent School Fund, Texas-based fund reported 14,709 shares. 2,397 were reported by Sei Investments Company. Skylands Capital Ltd Liability Corporation holds 20,000 shares.

Since March 8, 2018, it had 0 insider purchases, and 3 insider sales for $180,432 activity.

Analysts expect CEVA, Inc. (NASDAQ:CEVA) to report $-0.02 EPS on August, 2.They anticipate $0.20 EPS change or 111.11 % from last quarter’s $0.18 EPS. After having $-0.08 EPS previously, CEVA, Inc.’s analysts see -75.00 % EPS growth. The stock decreased 0.79% or $0.25 during the last trading session, reaching $31.55. About 77,443 shares traded. CEVA, Inc. (NASDAQ:CEVA) has declined 19.86% since July 12, 2017 and is downtrending. It has underperformed by 32.43% the S&P500.

CEVA, Inc. (NASDAQ:CEVA) Ratings Coverage

Among 4 analysts covering CEVA (NASDAQ:CEVA), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. CEVA had 5 analyst reports since January 24, 2018 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $48 target in Thursday, May 10 report. The firm has “Buy” rating given on Friday, February 9 by Canaccord Genuity. The rating was downgraded by Oppenheimer on Wednesday, January 24 to “Perform”.

CEVA, Inc. licenses signal processing intellectual property technologies to semiconductor companies and original equipment manufacturers (OEMs) serving the mobile, consumer, automotive, industrial, and Internet-of Things (IoT) markets worldwide. The company has market cap of $701.07 million. The firm licenses a family of programmable digital signal processor (DSP) cores and application-specific platforms for vision, imaging, and audio and voice, as well as long and short range wireless technologies, Wi-Fi, Bluetooth IPs, Serial ATA, and Serial Attached SCSI. It has a 67.85 P/E ratio. The Company’s technologies are licensed to semiconductor and OEM companies in the form of IP, which is used for the design, manufacture, market, and sale of application-specific integrated circuits and application-specific standard products to wireless, consumer electronics, and automotive companies for incorporation into a variety of end products.

More news for CEVA, Inc. (NASDAQ:CEVA) were recently published by: Gurufocus.com, which released: “CEVA, Inc. Schedules Second Quarter 2018 Earnings Release and Conference Call” on July 05, 2018. Prnewswire.com‘s article titled: “CEVA Extends its Leadership in NB-IoT IP with CEVA-Dragonfly NB2, the World’s First eNB-IoT Rel14 Solution” and published on June 25, 2018 is yet another important article.

CEVA, Inc. (NASDAQ:CEVA) Institutional Positions Chart

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