CEVA (NASDAQ:CEVA) will release its earnings data before the market opens on Tuesday, January 30th.

CEVA (NASDAQ:CEVA) last announced its quarterly earnings data on Wednesday, November 1st. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.08. The firm had revenue of $24.00 million during the quarter, compared to analysts’ expectations of $21.56 million. CEVA had a net margin of 21.89% and a return on equity of 9.02%. The company’s revenue for the quarter was up 34.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.24 earnings per share. On average, analysts expect CEVA to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of CEVA (NASDAQ CEVA) opened at $43.75 on Friday. The stock has a market cap of $942.73, a price-to-earnings ratio of 50.87, a PEG ratio of 2.42 and a beta of 0.75. CEVA has a 52 week low of $32.25 and a 52 week high of $51.80.

A number of brokerages have recently issued reports on CEVA. Zacks Investment Research cut shares of CEVA from a “hold” rating to a “strong sell” rating in a research note on Friday. Oppenheimer cut shares of CEVA from an “outperform” rating to a “hold” rating in a research note on Wednesday. They noted that the move was a valuation call. UBS Group cut shares of CEVA from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Finally, Canaccord Genuity increased their price objective on shares of CEVA from $53.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $47.83.

In related news, CEO Gideon Wertheizer sold 20,603 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $49.28, for a total transaction of $1,015,315.84. Following the completion of the transaction, the chief executive officer now directly owns 82,497 shares of the company’s stock, valued at $4,065,452.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Issachar Ohana sold 1,965 shares of the firm’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $50.10, for a total transaction of $98,446.50. Following the transaction, the executive vice president now directly owns 28,289 shares of the company’s stock, valued at $1,417,278.90. The disclosure for this sale can be found here. Insiders have sold 67,682 shares of company stock valued at $3,257,929 over the last ninety days. 3.90% of the stock is currently owned by corporate insiders.

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CEVA Company Profile

CEVA, Inc (CEVA) is a licensor of signal processing intellectual property (IP). The Company partners with semiconductor companies and original equipment manufacturers (OEMs) to create connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of things (IoT).

Earnings History for CEVA (NASDAQ:CEVA)

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