Featured Stock Update: Inphi Corporation (NYSE:IPHI)

Inphi Corporation (NYSE:IPHI)

Loop Capital Initiates Coverage On Inphi Corporation (NYSE:IPHI)’s stock to Buy with the price target of $43. This rating was issued on 7/26/18. The stock recently closed its previous session at $33.99 by showing a percentage change of 0.47% from its previous day closing price of $33.83.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Inphi Corporation (NYSE:IPHI) in which Bank of America Maintains Inphi Corporation (NYSE:IPHI) to Underperform by settling a price target of $27 on 7/25/18. B. Riley FBR Maintains the stock to Neutral on 7/25/18 by stationing a price target of $36.5. B. Riley FBR Downgrades the company’s stock to Neutral on 7/19/18 with no specific Price Target. Barclays Initiates Coverage On Inphi Corporation (NYSE:IPHI) to Overweight with a price target of $40.

Inphi Corporation (NYSE:IPHI) currently has a consensus Price Target of $37.89. While some analysts have a High Price target for the stock of $44 and a Low Price Target of $27.

Several sell side analysts reviewed their recommendations on Inphi Corporation (NYSE:IPHI) where 4 analyst have rated the stock as Strong Buy, 5 analysts said it’s a Buy, 4 rated the stock as Hold, 2 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.08. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Inphi Corporation (NYSE:IPHI) reported its Actual EPS of $0.15/share. The analysts offering Earnings Estimates for the company were believing that Inphi Corporation (NYSE:IPHI) could bring EPS of $0.13/share. The difference between Actual EPS and Estimated EPS was 0.02 Percent. Thus the company showed an Earnings Surprise of 15.4 Percent.

Inphi Corporation (NYSE:IPHI) has a market capitalization of 1.49 Billion. The stock traded with the volume of 586855 shares in the last trading session. The stock touched its high share price of $44.32 on 11/22/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 02/08/18 as $23.65. The company has a 1 Year high price target of $38.04. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -3.56%. The Moving Average SMA50 is -2.67% while SMA200 is 3.49%.

Inphi Corporation (NYSE:IPHI) is currently showing its ROA (Return on Assets) of -10.9%. The Return on Investment (ROI) is at -6.4% while it’s Return on Equity (ROE) value stands at -25%. The stock currently shows its YTD (Year to Date) performance of -7.13 percent while its Weekly performance value is 6.48%. The Monthly and Yearly performances are -4.84 percent and -6.95 percent respectively. The Relative Volume value measured for Inphi Corporation (NYSE:IPHI) is 0.98. The Average Volume (3 months) is 599.31 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. IPHI has P/E (Price to Earnings ttm) value of 0, Forward P/E of 20.28, P/C (Price to cash per share) of 3.87 and Price to Free Cash Flow (P/FCF) value of 40.11. The stock is showing its Operating Margin of -35.9 percent.

Company Profile:

Inphi Corporation operates as a provider of fabless high-speed analog semiconductor solutions for the communications and computing markets. Its solutions provides interface between analog signals and digital information in high-performance systems such as telecommunications transport systems, enterprise networking equipment, datacenter and enterprise servers, storage platforms, test and measurement equipment and military systems. The Company’s products are designed into systems sold by OEMs, including Agilent Technologies, Inc., Alcatel-Lucent, Cisco Systems, Inc., Danaher Corporation, Dell Inc., EMC Corporation, Hewlett-Packard Company, Huawei, International Business Machines Corporation and Oracle Corporation. Inphi Corporation is headquartered in Santa Clara, California