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.

Several price targets were given for MRVL by the analysts covering the stock. The maximum price target given was 25, implying potential capital gains of 55.71 percent. The lowest price target was 10, implying potential capital losses of -37.71 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 13.5 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.45 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of MRVL to grow at a rate of 248.18 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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 11.69 percent lower than its 52-week high. 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 market cap of MRVL is $8.03 billion. MRVL's next earnings release will be on 0000-00-00, which is days away.