Marvell Technology Group Company Profile (NASDAQ:MRVL)

Analyst Ratings

Consensus Ratings for Marvell Technology Group (NASDAQ:MRVL) (?)
Ratings Breakdown: 3 Sell Rating(s), 18 Hold Rating(s), 7 Buy Rating(s)
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $11.58 (1.45% downside)

Analysts' Ratings History for Marvell Technology Group (NASDAQ:MRVL)
Show:
DateFirmActionRatingPrice TargetActions
7/30/2016B. RileyReiterated RatingBuy$16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Pacific CrestReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016BMO Capital MarketsReiterated RatingHold$11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Morgan StanleyBoost Price TargetEqual Weight$12.50 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Jefferies GroupBoost Price TargetHold$11.00 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Deutsche Bank AGBoost Price TargetHold$12.00 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Brean CapitalBoost Price Target$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Barclays PLCBoost Price TargetEqual Weight$10.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Citigroup Inc.Reiterated RatingSell$8.65 -> $10.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016Northland SecuritiesUpgradeMarket Perform -> OutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016MKM PartnersBoost Price TargetNeutral$10.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/26/2016Needham & Company LLCReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/22/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/22/2016Cowen and CompanyReiterated RatingOutperform$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016Bank of America Corp.Reiterated RatingSell$10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016Credit Suisse Group AGReiterated RatingHold$9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/7/2016FBR & CoReiterated RatingOutperform$11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016Standpoint ResearchDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/18/2016Craig HallumBoost Price Target$17.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/8/2015JPMorgan Chase & Co.Lower Price TargetNeutral$12.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/27/2015Benchmark Co.Lower Price TargetHold$10.00 -> $8.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/27/2015Royal Bank Of CanadaReiterated RatingSector Perform$10.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/12/2015NomuraDowngradeBuy -> Neutral$14.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015Canaccord GenuityBoost Price TargetHold$6.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015SusquehannaReiterated RatingHold$9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015Piper Jaffray Cos.Reiterated RatingNeutral$14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/15/2015JMP SecuritiesLower Price TargetMarket Underperform$10.00 -> $7.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/19/2015Ladenburg ThalmannUpgradeNeutral -> Buy$12.16 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/18/2015Goldman Sachs Group Inc.UpgradeSell -> Neutral$12.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/23/2015Raymond James Financial Inc.Reiterated RatingOutperform$15.00 -> $16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/25/2015Stifel NicolausDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/31/2014 forward)

Earnings

Earnings History for Marvell Technology Group (NASDAQ:MRVL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/27/2016        
7/27/2016Q316$0.07$0.01$652.65 million$540.82 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/7/2015Q3 16$0.13$0.05ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/11/2015Q216$0.11($0.74)$711.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/21/2015Q116$0.10$0.13$724.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/19/2015Q415$0.24$0.25$889.90 million$857.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/20/2014Q315$0.29$0.29$976.10 million$930.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/21/2014Q215$0.28$0.34$961.56 million$961.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/22/2014Q115$0.22$0.27$892.25 million$957.83 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014Q414$0.25$0.29$901.13 million$931.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/21/2013Q3$0.25$0.32$872.80 million$931.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/22/2013Q2 2014$0.19$0.23$791.30 million$807.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/23/2013Q1 2014$0.14$0.19$721.55 million$734.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013Q4 2013$0.13$0.19$720.89 million$775.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/15/2012Q312$0.20$0.20$774.20 million$781.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/16/2012$0.26$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/17/2012$0.20$0.23ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2012$0.18$0.21ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/17/2011$0.39$0.40ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/18/2011$0.37$0.38ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/26/2011$0.30$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/3/2011$0.42$0.40ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Marvell Technology Group (NASDAQ:MRVL)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.05$0.05$0.05
Q2 20162$0.04$0.06$0.05
Q3 20162$0.06$0.08$0.07
Q4 20162$0.08$0.10$0.09
Q1 20172$0.08$0.10$0.09
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Marvell Technology Group (NASDAQ:MRVL)
Annual Dividend:$0.24
Dividend Yield:2.04%
Payout Ratio:-26.97% (Based on Trailing 12 Months of Earnings)
200.00% (Based on Current Year Consensus EPS Estimate)
96.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Marvell Technology Group (NASDAQ:MRVL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/18/2016quarterly$0.066/10/20166/14/20167/12/2016Tweet This Announcement  Share This Announcement on StockTwits
3/16/2016quarterly$0.063/24/20163/29/20164/22/2016Tweet This Announcement  Share This Announcement on StockTwits
12/7/2015Quarterly$0.0612/14/201512/16/201512/29/2015Tweet This Announcement  Share This Announcement on StockTwits
9/28/2015quarterly$0.0610/6/201510/8/201510/22/2015Tweet This Announcement  Share This Announcement on StockTwits
5/27/2015quarterly$0.061.73%6/9/20156/11/20157/1/2015Tweet This Announcement  Share This Announcement on StockTwits
2/20/2015quarterly$0.061.47%3/10/20153/12/20154/2/2015Tweet This Announcement  Share This Announcement on StockTwits
11/24/2014quarterly$0.061.73%12/9/201412/11/201412/29/2014Tweet This Announcement  Share This Announcement on StockTwits
8/21/2014quarterly$0.061.78%9/9/20149/11/201410/2/2014Tweet This Announcement  Share This Announcement on StockTwits
5/23/2014quarterly$0.061.51%6/10/20146/12/20147/2/2014Tweet This Announcement  Share This Announcement on StockTwits
2/21/2014quarterly$0.061.54%3/11/20143/13/20143/27/2014Tweet This Announcement  Share This Announcement on StockTwits
11/22/2013quarterly$0.061.65%12/10/201312/12/201312/23/2013Tweet This Announcement  Share This Announcement on StockTwits
8/23/2013quarterly$0.061.97%9/10/20139/12/201310/3/2013Tweet This Announcement  Share This Announcement on StockTwits
5/24/2013quarterly$0.062.12%6/11/20136/13/20137/3/2013Tweet This Announcement  Share This Announcement on StockTwits
2/25/2013quarterly$0.062.44%3/12/20133/14/20134/4/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Marvell Technology Group (NASDAQ:MRVL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/23/2015Zining WuCTOSell51,312$14.51$744,537.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/15/2014Michael RashkinCFOSell4,324$14.07$60,838.68View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/2/2014Zining WuInsiderSell17,398$16.23$282,369.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/10/2014Pantas SutardjaVPSell197,000$15.31$3,016,070.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/2/2014Pantas SutardjaVPSell120,000$14.18$1,701,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/19/2013Pantas SutardjaVPSell260,104$13.47$3,503,600.88View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/17/2013Pantas SutardjaVPSell284,500$13.69$3,894,805.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2013Pantas SutardjaVPSell494,700$13.50$6,678,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/6/2013Pantas SutardjaVPSell199,086$14.21$2,829,012.06View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/3/2013Brad FellerCFOSell40,000$14.07$562,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/3/2013Pantas SutardjaVPSell227,600$14.20$3,231,920.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/20/2013Pantas SutardjaVPSell18,900$12.73$240,597.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/18/2013Pantas SutardjaVPSell363,200$12.74$4,627,168.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/11/2013Pantas SutardjaVPSell376,742$12.81$4,826,065.02View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Marvell Technology Group (NASDAQ:MRVL)
DateHeadline
07/30/16 08:06 AMYesterday's Upgrade: Marvell Technology Group Ltd. (NASDAQ:MRVL) - Review Fortune
07/29/16 05:25 PMInvestor Catching Stock: Marvell Technology Group Ltd. (MRVL)
07/29/16 08:19 AMBenzinga's Top Upgrades - Marvell Technology Group Ltd ... - Benzinga
07/29/16 08:19 AMEarnings Reaction History: Marvell Technology Group Ltd., 57.1% Follow-Through Indicator, 3.5% Sensitive - Nasdaq
07/29/16 08:19 AMAnalysts and Technical Update on Marvell Technology Group Ltd (NASDAQ:MRVL) - Street Report
07/28/16 05:31 PMNorthland Securities Boosts Rating On Marvell Technology Group Ltd. (MRVL)
07/28/16 05:31 PMAnalyst Upgrades: Facebook Inc, Marvell Technology Group Ltd., and GoPro Inc
07/28/16 09:58 AMMarvell (MRVL) Posts Loss in Q1, Stock Up on Strong View -
07/28/16 08:45 AM16 Stocks Moving In Thursday's Pre-Market Session - Gainers Groupon Inc (NASDAQ: GRPN) rose 22.2 percent to $4.62 in pre-market trading after the company reported a narrower-than-expected quarterly loss and lifted its revenue forecast for 2016. Ocwen Financial Corp (NYSE: OCN) rose 20.9 percent to $2.08 in pre-market trading. Ocwen Financial reported adjusted Q2 loss of $0.02 per share on revenue of $373.1 million. Alere Inc (NYSE: ALR) shares rose 20 percent to $37.75 in pre-market trading after the company confirmed that it has received a subpoena from the Department of Justice. The company said that the issues related to subpoena are not material. NetSuite Inc (NYSE: N) shares climbed 18.6 percent to $108.64 after Oracle Corporation (NYSE: ORCL) agreed to buy the company for $109 per share in cash. Cirrus Logic, Inc. (NASDAQ: CRUS) rose 12.5 percent to $46.99 in the pre-market trading session after the company reported stronger-than-expected quarterly results. Marvell Technology Group Ltd. (NASDAQ: Full story available on Benzinga.com
07/28/16 08:45 AM4 Key Takeaways From Marvell Technology's Q1 Results - Shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) climbed 8 percent in the pre-market trading after guiding second quarter above the Street, despite reporting weak first-quarter results. Marvell announced its delayed first-quarter (April 2016 quarter end) results and expects to file its final delayed 10-Q "very shortly." The first quarter revenue/non GAAP EPS of $541 million/$0.01 (ex. SBC) was below the Street at $574 million/$0.07. On a sequential basis, revenue was down 16 percent in storage (due to HDDs), down 29 percent in mobile and up 5 percent in networking. Related Link: Marvel Results Strong Under New Management, Says Brean For the second quarter, the company expects revenue/EPS of $625 million–$635 million/$0.10–$0.12, which is above the Street at $586 million/$0.09. Gross margin guidance of 52–54 percent also topped consensus estimate of 52.1 percent. "Note that second ...Full story available on Benzinga.com
07/28/16 08:42 AMStocks Open Lower; Facebook Leaps, NetSuite Soars -
07/28/16 08:31 AMMarvell Looks Overvalued, So Citi Keeps Sell Rating On Stock
07/28/16 07:38 AMMarvell upgraded by Northland Capital -
07/28/16 12:15 AMEdited Transcript of MRVL earnings conference call or presentation 27-Jul-16 8:45pm GMT -
07/27/16 05:37 PMMarvell Technology Group Ltd Earnings Call (Q1 2017)
07/27/16 05:37 PMMarvell Technology Group Ltd. Profit Falls 91% In Q1
07/27/16 05:37 PMMarvell Technology Group Ltd. Reports First Quarter of Fiscal 2017 Financial Results
07/27/16 04:09 PMMarvell reports 1Q loss - [AP] - The Hamilton, Bermuda-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 1 cent per share. The results missed Wall Street expectations. The ...
07/27/16 06:07 AMQ1 2017 Marvell Technology Group Ltd Earnings Release - After Market Close -
07/26/16 08:30 AMMarvell Technology Group Reaches Analyst Target Price
07/25/16 05:23 PMTech Volatile Stocks: Qumu Corporation (NASDAQ:QUMU), Marvell ... - KC Register
07/25/16 05:23 PMMarvell Technology Group Reaches Analyst Target Price - Nasdaq
07/25/16 09:46 AMDryShips Inc. (NASDAQ:DRYS) & Marvell Technology Group (NASDAQ:MRVL) Traders Recap - Wall Street 24
07/25/16 09:46 AMAnalyst Review: Marvell Technology Group Ltd. (NASDAQ:MRVL) - News Oracle
07/25/16 09:46 AMMarvell Technology Group Ltd. (MRVL) Shares are Up 17.1% - Trade Calls
07/22/16 05:09 PMTrading Examination: Performance check on Marvell Technology Group Ltd. (NASDAQ:MRVL) - TGP
07/22/16 05:09 PMKingdom Ridge Capital LLC Decreased Stake in Marvell Technology Group LTD (Call) (NASDAQ:MRVL) by $128.47 ... - Press Telegraph
07/22/16 05:09 PMTech Stocks Analysis: Marvell Technology Group Ltd. (NASDAQ:MRVL), Flextronics International Ltd. (NASDAQ:FLEX) - share market updates (press release)
07/21/16 05:35 PMMarvell Technology Group Ltd. (NASDAQ:MRVL): Share Synopsis and Trading Review - Press Telegraph
07/21/16 05:35 PMConcentrating on Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) - Press Telegraph
07/21/16 05:35 PMMarvell Technology Group Ltd. (NASDAQ:MRVL) Rallied 14.8%: The Boeing Company (NYSE:BA), Comtech ... - KC Register
07/21/16 05:35 PMMarvell Technology Group Ltd. (NASDAQ:MRVL) surged 14.06%: Itau Unibanco Holding S.A. (NYSE:ITUB ... - KC Register
07/21/16 05:35 PMLast Analysts Rating Review: Marvell Technology Group Ltd. (NASDAQ:MRVL) , America Movil, S.A.B. de C.V. (NYSE ... - Street Updates
07/21/16 05:35 PMEye Catching Stock: Marvell Technology Group Ltd. (NASDAQ:MRVL) - News Oracle
07/21/16 04:01 PMMARVELL TECHNOLOGY GROUP LTD Files SEC form 10-Q, Quarterly Report -
07/21/16 03:15 PMMarvell Technology Group Ltd. Announces Conference Call to Review First Fiscal Quarter 2017 Financial Results - [PR Newswire] - SANTA CLARA, Calif., July 21, 2016 /PRNewswire/ -- Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, ...
07/21/16 08:08 AMMarvell Technology +11% post-earnings - Seeking Alpha
07/21/16 08:08 AMAfterhours Leaders: Marvell Technology Group Ltd. (NASDAQ:MRVL), Old Republic International Corporation (NYSE ... - KC Register
07/21/16 08:08 AMEquity Roundup: Stock Performance Focus on Marvell Technology Group Ltd. (NASDAQ:MRVL) - Press Telegraph
07/21/16 08:08 AMAnalyst Rating Trends to Observe: Marvell Technology Group Ltd. (NASDAQ:MRVL) , Qlik Technologies Inc. (NASDAQ ... - Street Updates
07/21/16 08:08 AMTech Stocks Watchful: Marvell Technology Group Ltd. (NASDAQ:MRVL), Flextronics International Ltd. (NASDAQ:FLEX) - share market updates (press release)
07/21/16 08:08 AMMarvell Technology Group, Ltd. (MRVL) Stock Soars on Q4 Earnings - Investorplace.com
07/20/16 05:59 PMAnalyst Update: Walt Disney Co, Marvell Technology Group Ltd., and Zafgen Inc
07/20/16 05:59 PMWhy Shares of Marvell Technology Group Soared Today
07/20/16 02:22 PMMarvell Technology Group, Ltd. (MRVL) Stock Soars on Q4 Earnings - InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips Marvell Technology Group Ltd. (NASDAQ:MRVL) stock soared Wednesday on the company’s fourth-quarter earnings results. The tech company reported earnings of 11 cents per share, beating the consensus estimate that called for earnings of 9 cents a share. The figure came in well short of the year-ago period’s 25 cents. A quarterly dividend was issued by Marvell […] The post Marvell Technology Group, Ltd. (MRVL) Stock Soars on Q4 Earnings appeared first on InvestorPlace.
07/20/16 08:12 AMMarvell Technology Group Ltd Earnings Call (Q4 2016)
07/20/16 08:12 AMMarvell profit plunges amid federal investigation
07/20/16 08:12 AMMarvell Results Strong Under New Management Says Brean
07/20/16 08:12 AMMarvell Technology Group Ltd. Reports Fourth Fiscal Quarter and Fiscal Year 2016 Financial Results
07/20/16 08:12 AMMarvell Technology Group Ltd. Q4 Earnings Drop 58%

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About Marvell Technology Group

Marvell Technology Group logoMarvell Technology Group Ltd. (Marvell) is a fabless semiconductor provider of application-specific standard products. The Company develops System-on-a-Chip (SoC) devices. Its product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers (PHY), mobile handsets, connectivity, Internet-of-Things (IoT) devices and other consumer electronics. Its products serve diverse applications used in carrier, metropolitan, enterprise and PC-client data communications, and storage systems. In addition, the Company serves the consumer electronics market for the convergence of voice video and data applications. As a fabless integrated circuit company, the Company relies on independent, third-party contractors to perform manufacturing, assembly and test functions. The Company's offers its products to three markets: mobile and wireless, storage, and networking.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor - Integrated Circuits
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: MRVL
  • CUSIP: G5876H10
Key Metrics:
  • Previous Close: $11.75
  • 50 Day Moving Average: $10.25
  • 200 Day Moving Average: $9.81
  • P/E Ratio: N/A
  • P/E Growth: 1.75
  • Market Cap: $5.98B
  • Beta: 0.67
  • Current Year EPS Consensus Estimate: $0.12 EPS
  • Next Year EPS Consensus Estimate: $0.25 EPS
Additional Links:
Marvell Technology Group (NASDAQ:MRVL) Chart for Sunday, July, 31, 2016