Analyst Ratings for Marvell Technology Group Ltd. (MRVL)

Updated: 2017-07-26

Marvell Technology Group Ltd. (NASDAQ:MRVL) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, MRVL was issued an average rating of Overweight.

A buy rating was issued by 13 analysts, 1 issued an overweight rating, 11 gave a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for MRVL. The most optimistic analyst gave a price target of 25, which equates to a potential upside of 55.71 percent. The lowest price target was 10, implying a possible loss of -37.71 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 13.5 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.45 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 11.08 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of MRVL's earnings is estimated by analysts to be 248.18 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. MRVL has a PEG ratio of 0.24.

In the last 52-weeks, MRVL has achieved a high of 18.18 and a low of 11.27. Today's price is 42.46 percent above the 52-week low, and below the high by 11.69 percent. MRVL has a price/earnings ratio of 59.4. Investors typically compare the P/E ratio to a company's peers in the industry. The MRVL value stock report compares MRVL to some of its peers using value stock charts. The stock has a market capitalization of $8.03 billion. MRVL will post this quarters earnings in days, on 0000-00-00.