Marvell Technology Group
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Marvell Technology Group's revenues will shrink -9.4% and EPS will compress -39.1%.
The average estimate for revenue is $721.6 million. On the bottom line, the average EPS estimate is $0.14.
Last quarter, Marvell Technology Group reported revenue of $775.3 million. GAAP reported sales were 4.4% higher than the prior-year quarter's $742.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.19. GAAP EPS of $0.09 for Q4 were 31% lower than the prior-year quarter's $0.13 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 52.2%, 190 basis points worse than the prior-year quarter. Operating margin was 6.6%, 310 basis points worse than the prior-year quarter. Net margin was 6.5%, 440 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.13 billion. The average EPS estimate is $0.78.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,380 members out of 1,461 rating the stock outperform, and 81 members rating it underperform. Among 298 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 283 give Marvell Technology Group a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Marvell Technology Group is hold, with an average price target of $9.17.
Is Marvell Technology Group the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Marvell Technology Group to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Why Marvell Technology Isn’t Done Growing Yet
Marvell Technology enjoys solid catalysts in fast-growing areas.
The Marvell Technology/Cavium Deal Keeps the Ball Rolling in the Semiconductor Industry
The companies announced they were merging to much investor cheer.
What to Watch in Marvell Technology’s Q3 Earnings
Marvell Technology's upcoming results will give clarity about where the company is headed.