New Lifetime High For Inphi (IPHI) - TheStreet

Trade-Ideas LLC identified

Inphi

(

IPHI

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Inphi as such a stock due to the following factors:

  • IPHI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.5 million.
  • IPHI has traded 14,717 shares today.
  • IPHI is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in IPHI with the Ticky from Trade-Ideas. See the FREE profile for IPHI NOW at Trade-Ideas

More details on IPHI:

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. Its analog and mixed signal semiconductor solutions offer high signal integrity at data speeds while reducing system power consumption. Currently there are 9 analysts that rate Inphi a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Inphi has been 554,600 shares per day over the past 30 days. Inphi has a market cap of $1.2 billion and is part of the technology sector and electronics industry. The stock has a beta of 0.31 and a short float of 4.7% with 3.60 days to cover. Shares are up 66.6% year-to-date as of the close of trading on Thursday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Inphi as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

Highlights from the ratings report include:

  • IPHI's very impressive revenue growth greatly exceeded the industry average of 10.9%. Since the same quarter one year prior, revenues leaped by 72.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • IPHI has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 4.55, which clearly demonstrates the ability to cover short-term cash needs.
  • The gross profit margin for INPHI CORP is currently very high, coming in at 74.16%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -1.76% is in-line with the industry average.
  • INPHI CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, INPHI CORP reported poor results of -$0.64 versus -$0.45 in the prior year. This year, the market expects an improvement in earnings ($0.98 versus -$0.64).
  • Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market, INPHI CORP's return on equity significantly trails that of both the industry average and the S&P 500.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.