NEW YORK ( TheStreet) -- Shares of Marvell Technology Group are gaining, up 3.34% to $15.91 in early market trading Tuesday, on reports that personal technology company Lenovo may be interested in buying part or all of Marvell, according to Oriental Daily. In January, Rosenblatt Securities said it believed a number of Chinese companies were bidding for Marvell's wireless business. Analysts at the firm added that it thinks Intel may also be pursuing the unit, and estimated the offering price for the wireless business to be as high as $1.2 billion. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Bermuda-based Marvell is a fabless semiconductor provider of application-specific standard products. The company develops complex System-on-a-Chip, or SoC devices. Its product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers, mobile handsets and other consumer electronics. Separately, TheStreet Ratings team rates MARVELL TECHNOLOGY GROUP LTD as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate MARVELL TECHNOLOGY GROUP LTD (MRVL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, growth in earnings per share and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook." Highlights from the analysis by TheStreet Ratings Team goes as follows: MRVL 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 4.04, which clearly demonstrates the ability to cover short-term cash needs. Net operating cash flow has slightly increased to $194.64 million or 9.84% when compared to the same quarter last year. In addition, MARVELL TECHNOLOGY GROUP LTD has also vastly surpassed the industry average cash flow growth rate of -79.88%. MARVELL TECHNOLOGY GROUP LTD's earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, MARVELL TECHNOLOGY GROUP LTD increased its bottom line by earning $0.64 versus $0.53 in the prior year. This year, the market expects an improvement in earnings ($1.14 versus $0.64). The gross profit margin for MARVELL TECHNOLOGY GROUP LTD is rather high; currently it is at 53.56%. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, MRVL's net profit margin of 12.39% significantly trails the industry average. You can view the full analysis from the report here: MRVL Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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