Marvell Technology Group Ltd. (MRVL): Today's Featured Electronics Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Marvell Technology Group (MRVL) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole was unchanged today. By the end of trading, Marvell Technology Group fell 20 cents (-1.9%) to $10.32 on light volume. Throughout the day, 8.2 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 11.3 million shares. The stock ranged in price between $10.16-$10.57 after having opened the day at $10.53 as compared to the previous trading day's close of $10.52. Other companies within the Electronics industry that declined today were: Memsic (MEMS), down 15.2%, Oclaro (OCLR), down 8.7%, Suntech Power Holdings (STP), down 8.6%, and Digital Power Corporation (DPW), down 8.3%.

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Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $5.72 billion and is part of the technology sector. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are up 44.9% year to date as of the close of trading on Monday. Currently there are seven analysts that rate Marvell Technology Group a buy, two analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.

• You can view the full Marvell Technology Group Ratings Report.

On the positive front, Aehr Test Systems (AEHR), up 28.9%, Plug Power (PLUG), up 24.4%, Lattice Semiconductor Corporation (LSCC), up 10.9%, and Aetrium Incorporated (ATRM), up 8.1%, were all gainers within the electronics industry with Cirrus Logic (CRUS) being today's featured electronics industry leader.

• Use our electronics section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology (IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor (SSG).

• Find other investment ideas from our top rated ETFs lists.

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For more information on Marvell Technology Group Ltd. click any of the following:

• Marvell Technology Group Ltd. Stock Price

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• Marvell Technology Group Ltd. Key Stats & Profile

• Marvell Technology Group Ltd. Earnings

• Marvell Technology Group Ltd. Ratio Comparison

• Marvell Technology Group Ltd. Growth Rates

• Marvell Technology Group Ltd. Balance Sheet

• Marvell Technology Group Ltd. Cash Flow

• Marvell Technology Group Ltd. Income Statement