NASDAQ:MRVL
$18.33
(2/9 2:31PM)
+1.4%
| Open | $18.38 |
Mkt Cap | $11.3 Billion |
| High | $18.51 |
52Wk High | $21.76 |
| Low | $17.98 |
52Wk Low | $6.99 |
| Volume | 11.4 Million |
Avg Vol 10D | 12.6 Million |
Ockham's Rating/Recommendation Summary
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MRVL Revenue
As a value investing shop, we are interested in seeing how MRVL's revenues measure up against past performances. One easily understandable way of doing that is to compare Price to Sales per share levels over a given time frame. Assuming it is available, Ockham prefers to look at ten years of history (for this stock there are 10 years of history available) and we weigh recent years more heavily. This allows us to find weighted average historical high and low Price to Sales ratios, which give us a better idea of the stock's current underlying value. Using this method, we have established a high range for Price to Sales of 6.74x and the low end of the range at 2.66x.
With respect to these historically rational metrics, notice that the current Price to Sales per share ratio for MRVL of 4.58x is somewhat below its historical weighted average by 3%. Given this level of sales per share, we suggest a neutral share price forecast. To the extent there is a further drop in the Price to Sales ratio from current levels, which would occur through some combination of increased sales per share or a decline in share price, we would only become more positive about the Price to Sales ratio outlook.
MRVL Cash Earnings
As a value investment framework, Ockham Research is similar to a private equity firm in terms of our valuation methods. We are always on the lookout for value in the form of sales and cash numbers. In the case of MRVL, Ockham views their current Cash Earnings as below their historical average multiples of Cash Earnings, as calculated by our proprietary analysis. It is incredibly important to understand that for MRVL, the current level of Cash Earnings compared to its historical levels helps identify where MRVL is in relation to what the investing community was willing to pay for this level of Cash Earnings in the past. With a historical high Cash Earnings per share ratio of 55.93 and a historical low Cash Earnings per share ratio of 22.14, an investor can relate where value becomes optimal.
So what does a Cash Earnings ratio below the historical norm mean for MRVL? Generally, MRVL's investors have paid slightly higher stock prices for this level of Cash Earnings, which bodes well as a return to historical norms is statistically likely. However, it is never a guarantee that history gives us proper direction, particularly in fluctuating market cycles. So by utilizing a long term view and incorporating other areas of analysis (like Sales, Dividends, and management analysis), each investor can gain a more complete view of MRVL. Remember, that the average Cash Earnings level for MRVL has been 39.03, so the current Cash Earnings level of 35.63 is a positive in our view, but by no means is it overwhelming.
MRVL Dividends
A positive Ockham rating does not require a company to pay out an inviting dividend or a dividend at all. However, we believe dividends provide a useful measure of a company's inherent expectations. As of the time of this report, our data provider does not have historical data for MRVL. Therefore, we are not utilizing the dividends portion in our study. So, we do not know whether MRVL currently pays a dividend at present or not, we have an "expected dividend" payment listed in key fundamentals but cannot varify it.
The Latest News for MRVL Was Just on Mad Money
News has broken via the television and viral blogs regarding MRVL, so investors should take an interest in learning what was said.
Crowd sentiment is leaning to the bearish side, according to the robust data set collected by the Motley Fool CAPS survey. Marvell Technology Group Limited receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. We noticed recently that in comparison to all other stocks we analyze in the news; MRVL has received less coverage from the financial media in business television and blogs.
“… I owned MARVELL once in my charitable trust, it was a disappointment. But it's a nice internet tsunami play. Can we go to jason, please? > > caller: hey, man. How's it ... …”
Fast Money Has the Latest News on MRVL
Marvell Technology Group Limited is one of the thousands of companies that Ockham has news analytics on, and it was recently discussed on Fast Money.
The Ockham valuation currently has a Fairly Valued stance on MRVL because it trades within the price range that we would expect given current market conditions and fundamentals. Crowd sentiment is favorable on this stock, as measured by the Motley Fool CAPS survey. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Marvell Technology Group Limited has actually sunk a bit in comparison to the others.
“… mac moran. >> western digital. >> bac. >> MARVELL. >> melissa lee. Thank you for watching. See you tomorrow at 5:00 p.M. …”
See Why Marvell Technology Group Limited News Was Discussed on Fast Money
The latest news from business television and influential blogs is always available through Ockham's RazorWire, and this news is in relation to Marvell Technology Group Limited.
As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, MRVL has been less covered in the news compared to the rest of our universe of stocks. The Motley Fool CAPS data suggests that investors believe Marvell Technology Group Limited will beat the market in the foreseeable future. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on MRVL.
“… want a name also in that space, how about marvel? Not only a chip play but the storage area. I bought MARVELL just under $20 …”
Fast Money Discussed the Latest Development of Marvell Technology Group Limited
Staying informed on the news is invaluable for investors, and RazorWire has captured a recently discussion on MRVL from Fast Money.
When looking at our entire coverage universe and ranking stocks by the attention they receive on RazorWire, it is clear that Marvell Technology Group Limited has been talked about more than normal recently. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on MRVL. The Motley Fool CAPS data suggests that investors believe Marvell Technology Group Limited will beat the market in the foreseeable future.
“… the impact on names like MARVELL technologies, as well as the qs which tracks the nasdaq. We are expecting a boost in names like microsoft, perhaps ibm, hewlett-packard. > > …”
Stay Current on MRVL's News on Squawk On The Street
The latest news from Squawk On The Street on MRVL is available through Ockham's news analytics platform RazorWire.
As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, MRVL has been less covered in the news compared to the rest of our universe of stocks. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on MRVL. That being said, the recent price appreciation may be too much, too fast and we will consider downgrading on our next report. Check the news on this stock because there is a catalyst that has allowed this stock to advance 12.08% today. The Motley Fool CAPS data suggests that investors believe Marvell Technology Group Limited will beat the market in the foreseeable future.
“… 6% and several of the stocks in that sector including nvidia and MARVELL once again hitting new highs this morning. Nvidia up 1%. MARVELL up 0. 8%. …”
Marvell Technology Group Limited Was Talked About by Squawk On The Street
Staying informed on the news is invaluable for investors, and RazorWire has captured a recently discussion on MRVL from Squawk On The Street.
When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Marvell Technology Group Limited has actually sunk a bit in comparison to the others. Crowd sentiment is favorable on this stock, as measured by the Motley Fool CAPS survey. Take notice of the news on this stock because it is up $2.29 since the close of trading yesterday. The Ockham valuation currently has a Fairly Valued stance on MRVL because it trades within the price range that we would expect given current market conditions and fundamentals. But as the price has risen in the last week, we have begun to look slightly less favorably on the valuation.
“… MARVELL shareholders just approved a disney takeover. More on that coming up. Also in the headlines at this hour, jobless claims 22,000 lower than a month ago. . …”
Fast Money Discussed the Latest Development of Marvell Technology Group Limited
The latest news from business television and influential blogs is always available through Ockham's RazorWire, and this news is in relation to Marvell Technology Group Limited.
As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, MRVL has been less covered in the news compared to the rest of our universe of stocks. Check the news on this stock because there is a catalyst that has allowed this stock to advance 11.48% today. The Motley Fool CAPS data suggests that investors believe Marvell Technology Group Limited will beat the market in the foreseeable future. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on MRVL. That being said, the recent price appreciation may be too much, too fast and we will consider downgrading on our next report.
“… Kauffman raised their targets $25 for MARVELL. They also talked about the revenues in storage. 50% of the revenues comes from storage which loads you to the next upgrade, ... …”
Closing Bell: Discussion of Analysts and Marvell Technology Group Limited
Analysts' opinions can often carry a lot of weight, especially when they make major news and are covered on Closing Bell.
The latest news on MRVL has created quite a stir as the stock is trading $2.10 higher in today's session. We noticed recently that in comparison to all other stocks we analyze in the news; MRVL has received less coverage from the financial media in business television and blogs. Marvell Technology Group Limited received our Fairly Valued rating in our latest report because the price at the time of the report of $18.43 did not seem out of line with the fundamentals. The price has risen since then and all other things being equal that makes MRVL less attractive. Crowd sentiment is leaning to the bearish side, according to the robust data set collected by the Motley Fool CAPS survey.
“… Also hiking its price target to $22 from 14 and taking its target or MARVELL to 25 from 20. Finishing at 18. 72. MARVELL at 20. 85. > > > …”
Closing Bell: A Discussion on High Quality Stocks and Marvell Technology Group Limited
Bellwether stocks are those that give you are good indication of the direction of their industry and the economy. Closing Bell mentioned Marvell Technology Group Limited in their discussion of blue chip stocks.
Crowd sentiment is favorable on this stock, as measured by the Motley Fool CAPS survey. The Ockham valuation currently has a Fairly Valued stance on MRVL because it trades within the price range that we would expect given current market conditions and fundamentals. But as the price has risen in the last week, we have begun to look slightly less favorably on the valuation. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Marvell Technology Group Limited has actually sunk a bit in comparison to the others. Take notice of the news on this stock because it is up $2.01 since the close of trading yesterday.
“… MARVELL by the way up 35% in december alone. Broadcom shares, that company is settling a class action lawsuit over its stock options backdating. Intel up 0. 7%. Or 0. 6%. …”
Marvell Technology Group Limited Was Talked About by The Call
As always, the latest news on MRVL is available to Ockham clients through RazorWire, and it was mentioned recently on The Call.
As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, MRVL has been less covered in the news compared to the rest of our universe of stocks. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on MRVL. That being said, the recent price appreciation may be too much, too fast and we will consider downgrading on our next report. The Motley Fool CAPS data suggests that investors believe Marvell Technology Group Limited will beat the market in the foreseeable future. Check the news on this stock because there is a catalyst that has allowed this stock to advance 10.84% today.
“… Here's a shout out to my red hot check out nvidia, MARVELL TECHNOLOGY and sandisk are all leading that index higher here the double upgrade at kauffman brothers helping the top ... …”