Analyst Ratings for CEVA Inc. (CEVA)

Updated: 2017-07-28

Shares of CEVA Inc. (NASDAQ:CEVA) have received a consensus rating of Buy from Wall Street analysts. A consensus rating of Buy was previously issued for CEVA last month.

6 analysts declared CEVA a buy, 0 issued an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for CEVA. The highest price target was 50, implying a possible profit of 8.23 percent. The most pessimistic price target was 42, implying potential capital losses of -9.09 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 25.48 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.67 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of CEVA to grow at a rate of 7.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CEVA is 8.95.

CEVA has a 52-week high of 48.67 and a 52-week low of 28.15. Currently the stock is 64.12 percent higher than its low, and 5.07 percent below the high. CEVA has a P/E ratio of 65.07. Investors typically compare the P/E ratio to a company's peers in the industry. The CEVA value stock report compares CEVA to some of its peers using value stock charts. The stock has a market capitalization of $0.99027 billion. CEVA will post this quarters earnings in days, on 0000-00-00.