Inphi (IPHI) Earning Somewhat Favorable Press Coverage, Analysis Shows

News coverage about Inphi (NYSE:IPHI) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Inphi earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 44.5636629571232 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

IPHI has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price objective on shares of Inphi in a research note on Tuesday, November 14th. B. Riley raised their price objective on Inphi from $42.50 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Cowen reissued a “buy” rating and issued a $45.00 price target on shares of Inphi in a research note on Wednesday, November 1st. Northland Securities reissued a “hold” rating and issued a $33.00 price target on shares of Inphi in a research note on Friday, September 15th. Finally, Zacks Investment Research raised Inphi from a “sell” rating to a “hold” rating in a research note on Friday, September 15th. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $44.92.

Inphi (NYSE:IPHI) opened at $37.84 on Friday. Inphi has a 1-year low of $33.00 and a 1-year high of $51.78. The company has a market capitalization of $1,672.42, a PE ratio of 51.74, a P/E/G ratio of 3.62 and a beta of 1.01. The company has a current ratio of 7.20, a quick ratio of 6.72 and a debt-to-equity ratio of 1.02.

Inphi (NYSE:IPHI) last issued its quarterly earnings results on Tuesday, October 31st. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.27. The business had revenue of $84.50 million during the quarter, compared to analysts’ expectations of $84.30 million. Inphi had a positive return on equity of 7.79% and a negative net margin of 16.27%. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 earnings per share. analysts forecast that Inphi will post 0.51 EPS for the current fiscal year.

In other Inphi news, VP Charles Roach sold 14,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $40.50, for a total transaction of $567,000.00. Following the completion of the transaction, the vice president now directly owns 93,947 shares in the company, valued at $3,804,853.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Diosdado P. Banatao sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $40.77, for a total transaction of $326,160.00. Following the transaction, the director now owns 6,542 shares of the company’s stock, valued at $266,717.34. The disclosure for this sale can be found here. Over the last quarter, insiders sold 100,238 shares of company stock valued at $4,037,064. 3.60% of the stock is currently owned by corporate insiders.

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About Inphi

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters.

Insider Buying and Selling by Quarter for Inphi (NYSE:IPHI)

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