$0.18 EPS Expected for CEVA, Inc. (CEVA)

October 25, 2017 - By Richard Conner


Investors sentiment increased to 1.14 in Q2 2017. Its up 0.02, from 1.12 in 2017Q1. It is positive, as 16 investors sold CEVA, Inc. shares while 47 reduced holdings. 22 funds opened positions while 50 raised stakes. 18.49 million shares or 0.69% less from 18.61 million shares in 2017Q1 were reported.
Robertson Opportunity Cap Limited Liability Corporation holds 1.3% of its portfolio in CEVA, Inc. (NASDAQ:CEVA) for 45,000 shares. Herald Management Ltd holds 318,382 shares. 5,503 were accumulated by Van Eck Associate. Parkside Bancorporation And Tru accumulated 14 shares. Arizona State Retirement Sys holds 11,186 shares. Sheets Smith Wealth holds 0.23% or 18,959 shares in its portfolio. Metropolitan Life Insur accumulated 0% or 14,423 shares. Louisiana State Employees Retirement invested 0.02% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). Ameriprise Finance holds 0% or 134,054 shares. Great West Life Assurance Can has 0% invested in CEVA, Inc. (NASDAQ:CEVA). Menta Capital Ltd Liability Corporation stated it has 59,584 shares. One Trading L P has invested 0% in CEVA, Inc. (NASDAQ:CEVA). Utd Services Automobile Association reported 0.01% stake. Guggenheim invested in 41,680 shares or 0.01% of the stock. Us National Bank & Trust De stated it has 3,727 shares.

Since May 8, 2017, it had 0 insider purchases, and 9 sales for $6.77 million activity. 9,172 CEVA, Inc. (NASDAQ:CEVA) shares with value of $388,709 were sold by NILSSON SVEN CHRISTER. WERTHEIZER GIDEON also sold $1.29M worth of CEVA, Inc. (NASDAQ:CEVA) shares. $1.20 million worth of CEVA, Inc. (NASDAQ:CEVA) was sold by MCMANAMON PETER on Monday, May 15. $427,814 worth of stock was sold by MANN BRUCE on Monday, May 8. Arieli Yaniv sold 59,764 shares worth $2.56 million. $480,114 worth of CEVA, Inc. (NASDAQ:CEVA) shares were sold by SILVER LOUIS.

Investors wait CEVA, Inc. (NASDAQ:CEVA) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.18 earnings per share, up $0.01 or 5.88 % from last year’s $0.17 same quarter earnings. This translates into $3.94 million profit for CEVA giving the stock a 63.40 P/E. This is assuming the current $0.18 EPS is accurate. CEVA, Inc.’s Wall Street analysts see 0.00 % EPS growth, taking into account the $0.18 EPS reproted in the previous quarter, The stock increased 1.11% or $0.5 during the last trading session, reaching $45.65. About 70,287 shares traded. CEVA, Inc. (NASDAQ:CEVA) has risen 66.60% since October 25, 2016 and is uptrending. It has outperformed by 49.90% the S&P500.

CEVA, Inc. (NASDAQ:CEVA) Ratings Coverage

Among 10 analysts covering Ceva (NASDAQ:CEVA), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ceva had 23 analyst reports since July 31, 2015 according to SRatingsIntel. Wunderlich downgraded the stock to “Hold” rating in Tuesday, November 10 report. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, October 3. The stock of CEVA, Inc. (NASDAQ:CEVA) earned “Buy” rating by Canaccord Genuity on Tuesday, November 3. Roth Capital initiated CEVA, Inc. (NASDAQ:CEVA) rating on Thursday, September 29. Roth Capital has “Buy” rating and $40 target. The stock has “Buy” rating by TH Capital on Thursday, September 29. As per Monday, November 2, the company rating was maintained by Topeka Capital Markets. The stock of CEVA, Inc. (NASDAQ:CEVA) earned “Buy” rating by Canaccord Genuity on Friday, July 31. The firm has “Buy” rating given on Monday, November 2 by Wunderlich. Ladenburg Thalmann initiated CEVA, Inc. (NASDAQ:CEVA) rating on Thursday, October 15. Ladenburg Thalmann has “Neutral” rating and $22 target. The stock of CEVA, Inc. (NASDAQ:CEVA) has “Buy” rating given on Monday, July 10 by Canaccord Genuity.

CEVA, Inc. is a licensor of signal processing intellectual property (IP). The company has market cap of $1000.00 million. The Firm 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). It has a 60.97 P/E ratio. The Firm operates in the segment of licensing of intellectual property to semiconductor companies and electronic equipment manufacturers.

More recent CEVA, Inc. (NASDAQ:CEVA) news were published by: Prnewswire.com which released: “CEVA and Cyberon Partner for Ultra-low Power Always-listening Voice Activation …” on October 19, 2017. Also Streetinsider.com published the news titled: “CEVA Inc. (CEVA) PT Lowered to $53 at Canaccord Genuity Citing Lowered NT …” on October 03, 2017. Prnewswire.com‘s news article titled: “CEVA and LG Electronics Partner for Smart 3D Camera Solution” with publication date: October 17, 2017 was also an interesting one.

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