Analyst opinion is clearly negative, and most analysts don't view this as a value. Right now, Companhia has one buy recommendation among the three analysts covering the company, while two recommend "selling." Even so, the average analyst target price for Companhia is $7.75.
From a technical perspective, Companhia's chart became oversold two weeks ago, and last week demonstrated a bottom forming with support. The 200-day moving average is rounding, and new lower lows on the weekly do not appear for more than a month. At least for now, it appears the weaker hands are washed out.
The trailing 12-month price-to-earnings ratio is 5.3, the mean fiscal year estimate price-to-earnings ratio is 11.3, based on earnings of 46 cents per share this year.
The company currently pays 43 cents per share in dividends for a yield of 8.33%. Next year Companhia is expected to earn $1.27, which makes the dividend relatively safe.
The chart displays a poor month for the shares, and a month investors will be happy to put behind them. After falling 7% from a month ago, last week's increase sets a new direction.
SID Free Cash Flow
Marvell Technology Group Ltd.
(MRVL - Get Report)
Background: Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuits for high-speed, high-density, digital data storage and broadband digital data networking markets. The company was founded in 1995 and is headquartered in Hamilton, Bermuda. Marvell trades an average of nine million shares per day with a market cap of $5.9 billion.
Over half the analysts covering Marvell rate it as a buy or strong buy. The average analyst target price for Marvell is $14.16.
The trailing 12-month price-to-earnings ratio is 12, the mean fiscal year estimate price-to-earnings ratio is 13.5, based on earnings of 77 cents per share this year.
Marvell pays an annualized dividend of 24 cents, yielding 2.3%. In the last month, the stock has really taken a turn for the worse. Shares have crumbled 12.7% in the last month of trading.
The last reported short interest is very small and nothing to worry about at 1.2%.