With 9.42 million shares changed hands, the volume of the stock remained lighter than its average volume of 15.52 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $73.23 whereas the lowest price it dropped to was $71.09. The 52-week range on MRVL shows that it touched its highest point at $127.48 and its lowest point at $53.19 during that stretch. It currently has a 1-year price target of $113.88. With its current market cap of 62.07 billion, MRVL has annualized dividend of $0.24 while the current yield stands at 0.33%. MRVL paid its most recent dividend on 1736467200, while the ex-dividend date for that was 1744329600. Beta for the stock currently stands at 1.71.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MRVL was up-trending over the past week, with a rise of 4.96%, but this was down by -26.80% over a month. Three-month performance dropped to -34.31% while six-month performance fell -2.98%. The stock gained 7.63% in the past year, while it has lost -35.11% so far this year. A look at the trailing 12-month EPS for MRVL yields -1.03 with Next year EPS estimates of 3.69. For the next quarter, that number is 0.61. This implies an EPS growth rate of 79.65% for this year and 30.94% for next year.
Float and Shares Shorts:
At present, 866.00 million MRVL shares are outstanding with a float of 861.70 million shares on hand for trading. On 2025-02-28, short shares totaled 24.23 million, which was 279.99999 higher than short shares on 1738281600. In addition to Mr. Matthew J. Murphy as the firm’s President, CEO & Chairman, Mr. Willem A. Meintjes serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.89207 of MRVL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-02-01, MRVL reported revenue of $1817400000.0 and operating income of $222700000.0. The EBITDA in the recently reported quarter was $558200000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MRVL since 27 analysts follow the stock currently. There are 24 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MRVL analysts setting a high price target of 140.0 and a low target of 80.9, the average target price over the next 12 months is 112.79056. Based on these targets, MRVL could surge 95.34% to reach the target high and rise by 12.88% to reach the target low. Reaching the average price target will result in a growth of 57.37% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.51997 being high and $1.49997 being low. For MRVL, this leads to a yearly average estimate of $1.50997. Based on analyst estimates, the high estimate for the next quarter is $0.72 and the low estimate is $0.64. The average estimate for the next quarter is thus $0.67.
