Inphi Corporation (IPHI) Receiving Somewhat Positive Press Coverage, Analysis Shows

Headlines about Inphi Corporation (NYSE:IPHI) have been trending somewhat positive on Saturday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Inphi Corporation earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.8902080105953 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

Inphi Corporation (NYSE:IPHI) traded up 0.50% during trading on Friday, hitting $36.19. The stock had a trading volume of 821,512 shares. The company’s 50-day moving average is $36.89 and its 200 day moving average is $41.86. Inphi Corporation has a 52 week low of $33.00 and a 52 week high of $51.78. The firm has a market cap of $1.53 billion, a PE ratio of 21.63 and a beta of 1.15.

Inphi Corporation (NYSE:IPHI) last released its earnings results on Monday, August 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.03. The firm had revenue of $84.40 million for the quarter, compared to analyst estimates of $84 million. Inphi Corporation had a return on equity of 9.77% and a net margin of 21.98%. The company’s revenue was up 39.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.32 EPS. Equities analysts expect that Inphi Corporation will post $1.52 EPS for the current fiscal year.

A number of analysts recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $42.50 target price on shares of Inphi Corporation in a research report on Saturday. Jefferies Group LLC reissued a “buy” rating and set a $50.00 target price (down previously from $53.00) on shares of Inphi Corporation in a research report on Wednesday. Morgan Stanley dropped their target price on shares of Inphi Corporation from $48.00 to $44.00 and set an “overweight” rating for the company in a research report on Tuesday. Deutsche Bank AG dropped their target price on shares of Inphi Corporation from $46.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Craig Hallum reissued a “buy” rating and set a $44.00 target price (down previously from $49.00) on shares of Inphi Corporation in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Inphi Corporation presently has an average rating of “Buy” and a consensus target price of $44.58.

ILLEGAL ACTIVITY WARNING: This piece of content was reported by Transcript Daily and is the property of of Transcript Daily. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://transcriptdaily.com/2017/08/13/inphi-corporation-iphi-receiving-somewhat-positive-press-coverage-analysis-shows.html.

About Inphi Corporation

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters.

Insider Buying and Selling by Quarter for Inphi Corporation (NYSE:IPHI)

Receive News & Ratings for Inphi Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inphi Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply