$0.15 EPS Expected for Rambus Inc. (RMBS)

January 1, 2018 – By Hazel Jackson

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.48, from 1.49 in 2017Q2. It dropped, as 22 investors sold Rambus Inc. shares while 45 reduced holdings. 26 funds opened positions while 42 raised stakes. 83.62 million shares or 1.00% more from 82.79 million shares in 2017Q2 were reported.
Fic Cap Inc owns 180,000 shares. Wolverine Asset Mngmt Ltd Liability invested in 0% or 15,328 shares. Comerica Bancorp, a Michigan-based fund reported 115,282 shares. Putnam Invs Limited Liability invested in 0% or 110,600 shares. Schwab Charles Inv reported 536,573 shares. Ls Inv Advsrs Limited Liability Com accumulated 8,847 shares or 0.01% of the stock. State Of Tennessee Treasury Department accumulated 96,804 shares. Dimensional Fund L P has invested 0.03% in Rambus Inc. (NASDAQ:RMBS). Ubs Asset Americas holds 61,404 shares or 0% of its portfolio. Reilly Advisors Ltd Limited Liability Company holds 50 shares. Menta Capital Ltd Liability Corp holds 248,430 shares or 0.49% of its portfolio. Water Island Cap Ltd stated it has 10,507 shares or 0.01% of all its holdings. Spark Inv Mngmt Limited Com holds 0.27% in Rambus Inc. (NASDAQ:RMBS) or 377,800 shares. Wellington Mgmt Grp Incorporated Llp has 0% invested in Rambus Inc. (NASDAQ:RMBS). Northern Tru Corporation reported 1.38M shares or 0% of all its holdings.

Since August 3, 2017, it had 0 insider purchases, and 10 sales for $1.08 million activity. $86,537 worth of Rambus Inc. (NASDAQ:RMBS) was sold by HERSCHER PENNY. The insider FISHER ELLIS THOMAS sold 6,437 shares worth $87,883. Kim Jae also sold $539,536 worth of Rambus Inc. (NASDAQ:RMBS) on Thursday, August 3. The insider STANG ERIC B sold 5,000 shares worth $73,663. 5,000 Rambus Inc. (NASDAQ:RMBS) shares with value of $70,300 were sold by SHRIGLEY DAVID A.

Analysts expect Rambus Inc. (NASDAQ:RMBS) to report $0.15 EPS on January, 29.They anticipate $0.02 EPS change or 15.38 % from last quarter’s $0.13 EPS. RMBS’s profit would be $16.47M giving it 23.70 P/E if the $0.15 EPS is correct. After having $0.15 EPS previously, Rambus Inc.’s analysts see 0.00 % EPS growth. The stock decreased 0.35% or $0.05 during the last trading session, reaching $14.22. About 707,187 shares traded. Rambus Inc. (NASDAQ:RMBS) has risen 7.57% since January 1, 2017 and is uptrending. It has underperformed by 9.13% the S&P500.

Rambus Inc. (NASDAQ:RMBS) Ratings Coverage

Among 10 analysts covering Rambus Inc (NASDAQ:RMBS), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Rambus Inc had 26 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Monday, March 7 by Sidoti. The firm has “Overweight” rating given on Thursday, February 9 by JP Morgan. As per Monday, December 11, the company rating was maintained by Roth Capital. Wunderlich initiated the shares of RMBS in report on Friday, June 3 with “Buy” rating. The firm earned “Hold” rating on Thursday, August 31 by Jefferies. On Tuesday, March 7 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Hold” rating given on Friday, September 22 by J.P. Morgan. Jefferies maintained the shares of RMBS in report on Monday, July 10 with “Hold” rating. On Wednesday, October 25 the stock rating was maintained by Citigroup with “Buy”. The company was downgraded on Friday, September 22 by JP Morgan.

Rambus Inc. manufactures and sells semiconductor products in South Korea and internationally. The company has market cap of $1.56 billion. The firm focuses on the design, development, and manufacturing through partnerships and licensing of technology and solutions related to memory and interfaces; and design, development, deployment, and licensing of technologies for chip, system and in-field application security, anti-counterfeiting, smart ticketing, and mobile payments. It has a 159.78 P/E ratio. It also focuses on the design, development, and licensing of technologies for advanced LED lighting solutions; and research and development in the area of emerging technologies, as well as providing various services, including know-how and technology transfer, product design and development, system integration, and other services.

More recent Rambus Inc. (NASDAQ:RMBS) news were published by: Streetinsider.com which released: “Rambus Inc. (RMBS) PT Raised to $18 at Roth Capital” on December 11, 2017. Also Businesswire.com published the news titled: “Imaging Innovator Gigajot Licenses Binary Pixel Technology from Rambus” on December 05, 2017. Businesswire.com‘s news article titled: “Rambus Renews Patent License Agreement with Panasonic” with publication date: December 21, 2017 was also an interesting one.