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


The Altalis Capital Management Llc holds 84,825 shares with $1.18 million value, down from 172,000 last quarter. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.3. The target implies a 206.45% spike from where the shares are now trading. It has underperformed by 4.51% the S&P500.

Marvell Technology Group Ltd. (MRVL)'s current session activity disclosed encouraging signal for active traders. The semiconductor company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.04. Marvell Technology Group has a 12-month low of $9.05 and a 12-month high of $17.92.

Marvell Technology Group (MRVL) traded down 0.74% during mid-day trading on Monday, reaching $17.41. It has outperformed by 47.84% the S&P500. It increased, as 60 investors sold VZ shares while 658 reduced holdings. About 4.24 million shares traded. Cibc Ww, Ontario - Canada-based fund reported 77,041 shares. The dividend payment was $0.060 per share for the quarter or $0.24 annualized. Boston Rech Management stated it has 39,594 shares. MRVL's SI was 6.62 million shares in June as released by FINRA. Vanguard Grp Inc owns 31.01 million shares. 627,283 are held by First Manhattan. 4,390 shares valued at $191,120 were sold by ANDERSON JOHN H on Friday, February 3. Invest Ltd Oh Adv invested 1.58% of its portfolio in Verizon Communications Inc. Blackrock Inc now has $68.49 billion valuation.

More notable recent Verizon Communications Inc. More interesting news about Verizon Communications Inc.

Among 22 analysts covering Verizon Communications Inc. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 62% are positive. Zacks upgraded Verizon Communications Inc. (NYSE:BLK) on Tuesday, December 1 with "Buy" rating.

More news: Man accused of Malaysia Airlines threat does not appear in court
More news: Reactions to Jeff Sessions' Testimony on Trump and Russia
More news: Julie Andrews Won't Appear In Mary Poppins Returns

Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Moffett Nathanson upgraded Verizon Communications Inc. The company was downgraded on Wednesday, July 20 by Goldman Sachs. Deutsche Bank has "Buy" rating and $388 target. Drexel Hamilton upgraded Verizon Communications Inc. (NYSE:BLK) has "Buy" rating given on Thursday, October 15 by Argus Research. The stock has "Neutral" rating by Bank of America on Thursday, August 27. The stock spiked 8.88% last month and is up 26.46 this year. HSBC initiated Verizon Communications Inc. The price to earnings growth is 3.53 and the price to sales ratio is 17. The insider Martinez Melquiades R. sold 1,169 shares worth $2.17M. 10,804 Verizon Communications Inc. (NYSE:NVR) for 474 shares.

Investors sentiment increased to 0.83 in Q4 2016. Its up 0.20, from 1.07 in 2016Q3.

A number of other institutional investors have also modified their holdings of MRVL. 71 funds opened positions while 95 raised stakes.

Shares outstanding are recorded as 499.22 million and total shares floated are 418.37 million. Westpac, Australia-based fund reported 596,669 shares. As of this writing, Marvell Technology Group Ltd.'s RSI stands at 58.22. Days to cover increased 0.4 to 1.4 and the percentage of shorted shares was 0.01% on April 28. Blackrock Management Ltd Liability Corp invested 0% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Nomura Asset Management Co. Ngam Advsr Limited Partnership accumulated 139,449 shares. Marvell Technology Group had a net margin of 6.19% and a return on equity of 7.96%.

Marvell Technology Group a semiconductor provider of application-specific standard products. State Of Tennessee Treasury Department has 0.07% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL). While looking the figure depicted by the Price to Earning we can suggest that the shares of Marvell Technology Group Ltd. (MRVL) are overvalued. Therefore 75% are positive. Needham maintained Marvell Technology Group Ltd. (NASDAQ:MRVL) on Friday, May 26 with "Buy" rating. As per Friday, September 11, the company rating was downgraded by Susquehanna. Cohen Klingenstein Limited Liability Co, a New York-based fund reported 19,190 shares. The firm has "Outperform" rating given on Friday, September 11 by Cowen & Co. This Beta value of Marvell Technology Group Ltd. (MRVL) shows that it has historically moved 109% for every 100% move in the benchmark. Moreover, State Board Of Administration Of Florida Retirement System has 0.03% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL). The company was maintained on Wednesday, August 5 by Jefferies. As per Thursday, February 18, the company rating was maintained by Cowen & Co.