Cavium Company Profile (NASDAQ:CAVM)

About Cavium (CAVM)

Cavium logoCavium, Inc. is a provider of integrated semiconductor processors that enable intelligent processing for wired and wireless infrastructure and cloud for networking, communications, storage and security applications. The Company's products consist of multi-core processors for embedded and data center applications, network connectivity for server and switches, storage connectivity, and security processors for offload and appliance. A range of its products also include a suite of embedded security protocols that enable unified threat management (UTM), secure connectivity, network perimeter protection and deep packet inspection (DPI). The Company sells its products to networking original equipment manufacturers (OEM), which sell into the enterprise, datacenter, service provider, and broadband and consumer markets. In the enterprise market, its products are used in routers, switches, storage appliances, server connectivity for networking and storage, wireless local area networks and UTM.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor - Broad Line
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: CAVM
  • CUSIP: 14964U10
Key Metrics:
  • Previous Close: $71.36
  • 50 Day Moving Average: $68.49
  • 200 Day Moving Average: $61.43
  • 52-Week Range: $35.90 - $73.01
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 20.39
  • P/E Growth: 0.84
  • Market Cap: $4.84B
  • Outstanding Shares: 67,831,000
  • Beta: 1.5
Profitability:
  • Net Margins: -24.40%
  • Return on Equity: 2.07%
  • Return on Assets: 1.24%
Debt:
  • Debt-to-Equity Ratio: 0.82%
  • Current Ratio: 2.73%
  • Quick Ratio: 2.10%

Analyst Ratings

Consensus Ratings for Cavium (NASDAQ:CAVM) (?)
Ratings Breakdown: 6 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.68)
Consensus Price Target: $68.03 (4.66% downside)

Analysts' Ratings History for Cavium (NASDAQ:CAVM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/14/2017ArgusBoost Price TargetBuy$75.00 -> $82.00LowView Rating Details
3/6/2017Barclays PLCBoost Price TargetOverweight$70.00 -> $80.00N/AView Rating Details
3/2/2017Bank of America CorpReiterated RatingBuyN/AView Rating Details
2/27/2017Needham & Company LLCReiterated RatingBuy$77.00N/AView Rating Details
2/22/2017Rosenblatt SecuritiesInitiated CoverageNeutralN/AView Rating Details
2/22/2017MKM PartnersInitiated CoverageBuy$77.00N/AView Rating Details
2/2/2017Jefferies Group LLCBoost Price TargetHold$60.00 -> $69.00N/AView Rating Details
1/31/2017Canaccord GenuityReiterated RatingHold$60.00N/AView Rating Details
1/24/2017Benchmark Co.Boost Price TargetBuy$63.00 -> $69.00N/AView Rating Details
12/5/2016Loop CapitalInitiated CoverageBuy$66.00N/AView Rating Details
9/20/2016Susquehanna Bancshares IncInitiated CoveragePositive$65.00N/AView Rating Details
9/13/2016JPMorgan Chase & Co.Reiterated RatingOverweightN/AView Rating Details
8/17/2016Pacific CrestReiterated RatingNeutral -> Hold$50.50N/AView Rating Details
7/28/2016Brean CapitalReiterated RatingBuy$60.00 -> $57.00N/AView Rating Details
6/15/2016Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
6/15/2016WedbushReiterated RatingOutperform$68.00N/AView Rating Details
4/28/2016Roth CapitalReiterated RatingBuyN/AView Rating Details
4/28/2016Morgan StanleyLower Price TargetOverweight$65.00 -> $60.00N/AView Rating Details
4/28/2016Topeka Capital MarketsLower Price TargetHold$63.00 -> $55.00N/AView Rating Details
3/10/2016KeyCorpReiterated RatingOverweightN/AView Rating Details
2/12/2016NomuraReiterated RatingHold$58.00N/AView Rating Details
1/28/2016William BlairReiterated RatingBuyN/AView Rating Details
11/23/2015JMP SecuritiesDowngradeMarket Perform -> Underperform$50.00N/AView Rating Details
10/29/2015Stifel NicolausDowngradeBuy -> Hold$70.00N/AView Rating Details
6/6/2015FBR & CoReiterated RatingOutperform$80.00N/AView Rating Details
(Data available from 3/29/2015 forward)

Earnings

Earnings History for Cavium (NASDAQ:CAVM)
Earnings by Quarter for Cavium (NASDAQ:CAVM)
Earnings History by Quarter for Cavium (NASDAQ:CAVM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/1/2017Q416$0.54$0.56$224.49 million$226.20 millionViewListenView Earnings Details
11/1/2016Q316$0.39$0.43$159.55 million$168.10 millionViewListenView Earnings Details
7/26/2016Q2$0.29$0.29$106.70 million$107.20 millionViewListenView Earnings Details
4/27/2016Q116$0.25$0.25$102.13 million$101.90 millionViewListenView Earnings Details
1/27/2016Q415$0.28$0.28$100.39 million$100.90 millionViewListenView Earnings Details
10/28/2015Q315$0.38$0.38$105.06 million$105.10 millionViewListenView Earnings Details
7/29/2015Q2$0.41$0.41$104.90 million$105.00 millionViewListenView Earnings Details
4/29/2015Q115$0.39$0.40$101.70 million$101.80 millionViewN/AView Earnings Details
1/28/2015Q414$0.41$0.42$100.82 million$101.20 millionViewListenView Earnings Details
10/29/2014Q314$0.39$0.40$97.05 million$97.83 millionViewListenView Earnings Details
7/30/2014Q214$0.33$0.35$90.04 million$90.70 millionViewListenView Earnings Details
4/30/2014Q114$0.28$0.30$81.63 million$83.20 millionViewListenView Earnings Details
1/29/2014Q413$0.30$0.31$81.12 million$81.10 millionViewListenView Earnings Details
10/30/2013Q313$0.26$0.29$78.70 million$79.10 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.22$0.23$74.10 million$74.20 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.18$0.19$69.31 million$69.50 millionViewListenView Earnings Details
1/31/2013Q4 2012$0.17$0.20$66.09 million$66.40 millionViewN/AView Earnings Details
10/29/2012Q312$0.11$0.15$60.65 million$61.10 millionViewN/AView Earnings Details
8/1/2012$0.02$0.07ViewN/AView Earnings Details
5/1/2012$0.01$0.02ViewN/AView Earnings Details
2/2/2012$0.12$0.17ViewN/AView Earnings Details
10/31/2011$0.26$0.27ViewN/AView Earnings Details
8/2/2011$0.32$0.34ViewN/AView Earnings Details
4/28/2011$0.28$0.32ViewN/AView Earnings Details
1/31/2011$0.27$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cavium (NASDAQ:CAVM)
Current Year EPS Consensus Estimate: $2.70 EPS
Next Year EPS Consensus Estimate: $3.50 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.09$0.10$0.10
Q2 20162$0.18$0.19$0.19
Q3 20162$0.11$0.16$0.14
Q4 20162$0.01$0.26$0.14
Q1 20172($0.05)$0.26$0.11
Q2 20172$0.04$0.36$0.20
Q3 20172$0.19$0.35$0.27
Q4 20172$0.31$0.50$0.41
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Cavium (NASDAQ:CAVM)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Cavium (NASDAQ:CAVM)
Insider Ownership Percentage: 4.63%
Insider Trades by Quarter for Cavium (NASDAQ:CAVM)
Institutional Ownership by Quarter for Cavium (NASDAQ:CAVM)
Insider Trades by Quarter for Cavium (NASDAQ:CAVM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/8/2017Arthur D ChadwickVPSell63,813$69.76$4,451,594.88View SEC Filing  
2/17/2017Muhammad Raghib HussainCOOSell90,000$66.93$6,023,700.00View SEC Filing  
2/6/2017Anthony S ThornleyDirectorSell12,500$65.68$821,000.00View SEC Filing  
2/3/2017Vincent P PangrazioSVPSell25,000$66.95$1,673,750.00View SEC Filing  
12/13/2016C N ReddyDirectorSell12,500$63.26$790,750.00View SEC Filing  
11/21/2016Syed AliCEOSell109,948$54.85$6,030,647.80View SEC Filing  
8/25/2016Arthur D ChadwickVPBuy20,000$55.33$1,106,600.00View SEC Filing  
8/16/2016Arthur D ChadwickVPBuy10,000$51.94$519,400.00View SEC Filing  
8/16/2016Muhammad Raghib HussainCOOBuy20,000$51.86$1,037,200.00View SEC Filing  
2/17/2016Anthony S. ThornleyDirectorSell12,500$57.04$713,000.00View SEC Filing  
2/9/2016Arthur D ChadwickCFOBuy20,000$47.77$955,400.00View SEC Filing  
2/8/2016Syed AliCEOSell376,520$52.10$19,616,692.00View SEC Filing  
2/2/2016Anil Kumar JainVPSell3,638$55.73$202,745.74View SEC Filing  
6/5/2015C N ReddyDirectorSell25,000$73.91$1,847,750.00View SEC Filing  
5/4/2015Vincent P PangrazioSVPSell12,000$64.63$775,560.00View SEC Filing  
3/12/2015Syed AliCEOSell175,000$69.31$12,129,250.00View SEC Filing  
3/6/2015Arthur D ChadwickCFOSell13,100$69.48$910,188.00View SEC Filing  
2/17/2015Arthur D ChadwickCFOSell25,582$62.35$1,595,037.70View SEC Filing  
2/6/2015Anil Kumar JainVPSell12,881$59.00$759,979.00View SEC Filing  
2/2/2015Anil Kumar JainVPSell44,144$59.32$2,618,622.08View SEC Filing  
2/2/2015Vincent P PangrazioSVPSell10,000$56.75$567,500.00View SEC Filing  
11/3/2014Vincent P PangrazioSVPSell3,325$51.34$170,705.50View SEC Filing  
9/4/2014Arthur D ChadwickCFOSell42,500$55.57$2,361,725.00View SEC Filing  
8/4/2014Vincent P PangrazioSVPSell3,325$47.08$156,541.00View SEC Filing  
6/12/2014Arthur D ChadwickCFOSell16,500$51.91$856,515.00View SEC Filing  
5/28/2014Anil Kumar JainVPSell3,400$49.90$169,660.00View SEC Filing  
5/27/2014Anil Kumar JainVPSell60,500$47.80$2,891,900.00View SEC Filing  
5/23/2014Arthur D ChadwickCFOSell30,000$46.09$1,382,700.00View SEC Filing  
5/20/2014C ReddyDirectorSell25,000$43.76$1,094,000.00View SEC Filing  
5/19/2014Anil Kumar JainVPSell66,400$44.67$2,966,088.00View SEC Filing  
5/9/2014Syed AliCEOSell150,000$40.54$6,081,000.00View SEC Filing  
5/5/2014Vincent PangrazioSVPSell3,325$42.90$142,642.50View SEC Filing  
5/2/2014Anil Kumar JainVPSell36,475$44.58$1,626,055.50View SEC Filing  
2/26/2014Anil Kumar JainVPSell3,750$42.50$159,375.00View SEC Filing  
2/3/2014Vincent PangrazioSVPSell1,825$36.86$67,269.50View SEC Filing  
11/1/2013Vincent P PangrazioSVPSell3,500$40.04$140,140.00View SEC Filing  
8/26/2013Arthur ChadwickCFOSell30,000$38.00$1,140,000.00View SEC Filing  
8/13/2013Vincent PangrazioSVPSell3,000$36.47$109,410.00View SEC Filing  
5/8/2013Vincent P PangrazioSVPSell2,750$34.89$95,947.50View SEC Filing  
8/9/2012Rajiv KhemaniCOOSell20,000$33.15$663,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cavium (NASDAQ:CAVM)
Latest Headlines for Cavium (NASDAQ:CAVM)
Source:
DateHeadline
finance.yahoo.com logoCavium FastLinQ® Ethernet First to Achieve Microsoft Windows Server SDDC Premium Certification
finance.yahoo.com - March 27 at 12:47 PM
americanbankingnews.com logoCavium Inc (CAVM) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - March 24 at 1:32 PM
biz.yahoo.com logoCAVIUM, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligatio
biz.yahoo.com - March 22 at 8:54 PM
prnewswire.com logoCavium and Elenion Technologies Collaborate to Offer Silicon Photonics Enabled ...
www.prnewswire.com - March 20 at 1:46 PM
finance.yahoo.com logoCavium and Elenion Technologies Collaborate to Offer Silicon Photonics Enabled End-to-End Server-to-Switch Solutions
finance.yahoo.com - March 20 at 1:46 PM
finance.yahoo.com logoMontaVista® Showcases New Software Features for IoT Gateways at Embedded World 2017
finance.yahoo.com - March 14 at 11:01 AM
us.rd.yahoo.com logoMicrosoft Says Yes to ARM-Based Chips for its Cloud Servers
us.rd.yahoo.com - March 13 at 12:51 PM
americanbankingnews.com logoInsider Selling: Cavium Inc (CAVM) VP Sells 63,813 Shares of Stock
www.americanbankingnews.com - March 10 at 6:18 PM
fool.com logoCavium Inc. Talks Chip Manufacturing Tech
www.fool.com - March 10 at 5:09 PM
bloomberg.com logoRecent MSFT News
www.bloomberg.com - March 8 at 4:52 PM
us.rd.yahoo.com logoCavium and Microsoft Collaborate to Accelerate Cloud Services with ThunderX2™
us.rd.yahoo.com - March 8 at 4:52 PM
us.rd.yahoo.com logoCavium Collaborates with Microsoft to Showcase SONiC Compatibility at OCP US Summit 2017
us.rd.yahoo.com - March 8 at 4:52 PM
us.rd.yahoo.com logo11:22 am Cavium Networks is collaborating w/ Microsoft (MSFT) on evaluating and enabling a variety of cloud workloads on its ThunderX2 ARMv8-A Data Center processor for the Microsoft Azure cloud platform
us.rd.yahoo.com - March 8 at 4:52 PM
finance.yahoo.com logoCAVIUM, INC. Financials
finance.yahoo.com - March 4 at 4:39 PM
feeds.benzinga.com logoBank Of America: AMD, Cavium And Cypress Could All See 50% Upside
feeds.benzinga.com - March 2 at 12:27 PM
finance.yahoo.com logoWith The Mobile Industry Upgrading To 5G, Buy Cavium
finance.yahoo.com - March 1 at 4:09 PM
biz.yahoo.com logoCAVIUM, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 10:16 AM
us.rd.yahoo.com logoCavium Partners with China Unicom to Showcase M-CORD NFV/5G at Mobile World Congress 2017
us.rd.yahoo.com - February 27 at 1:22 PM
us.rd.yahoo.com logoCavium and Trend Micro Introduce Mobile Edge Computing and NFV Solutions on ThunderX® and OCTEON TX™ Platforms
us.rd.yahoo.com - February 27 at 1:22 PM
us.rd.yahoo.com logoCavium Announces Expansion of OCTEON Fusion-M® Baseband Products
us.rd.yahoo.com - February 27 at 1:22 PM
us.rd.yahoo.com logoCavium Joins Telecom Infra Project to Enable OpenCellular Access to LTE, LTE-A and NFV/5G Technologies
us.rd.yahoo.com - February 27 at 1:22 PM
us.rd.yahoo.com logoCavium to Showcase Extensive Portfolio of Solutions for 5G Infrastructure at Mobile World Congress 2017
us.rd.yahoo.com - February 27 at 1:22 PM
us.rd.yahoo.com logoMontaVista® Launches Carrier Grade eXpress®(CGX) 2.2 Linux® for 5G and IoT at MWC 2017
us.rd.yahoo.com - February 27 at 1:22 PM
finance.yahoo.com logoMerrill Lynch Raises Price Targets on 4 Red-Hot Technology Stocks
finance.yahoo.com - February 25 at 2:21 AM
blogs.barrons.com logoIntel, Nvidia, AMD: Rosenblatt and MKM Offer Dueling Viewpoints
blogs.barrons.com - February 22 at 4:17 PM
finance.yahoo.com logoCavium Networks upgraded by BofA/Merrill
finance.yahoo.com - February 16 at 9:15 PM
finance.yahoo.com logoCavium Networks upgraded by BofA/Merrill
finance.yahoo.com - February 16 at 9:15 PM
finance.yahoo.com logoCavium to Demonstrate Newest Infrastructure Security Solutions at RSA 2017
finance.yahoo.com - February 13 at 4:47 PM
finance.yahoo.com logoZacks Investment Ideas feature highlights: KLA Tencor, Cavium Networks and Kulicke and Soffa
finance.yahoo.com - February 3 at 4:20 PM

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Frequently Asked Questions for Cavium (NASDAQ:CAVM)

What is Cavium's stock symbol?

Cavium trades on the NASDAQ under the ticker symbol "CAVM."

How were Cavium's earnings last quarter?

Cavium Inc (NASDAQ:CAVM) announced its quarterly earnings data on Wednesday, February, 1st. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.02. The business earned $226.20 million during the quarter, compared to the consensus estimate of $224.49 million. Cavium had a positive return on equity of 2.07% and a negative net margin of 24.40%. Cavium's revenue for the quarter was up 124.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.28 EPS.

When will Cavium make its next earnings announcement?

Cavium is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What guidance has Cavium issued on next quarter's earnings?

Cavium updated its fourth quarter earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of $0.55-$0.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.54. The company issued revenue guidance of $225-$229 million, compared to the consensus revenue estimate of $224.46 million.

Where is Cavium's stock going? Where will Cavium's stock price be in 2017?

19 analysts have issued 1-year target prices for Cavium's shares. Their forecasts range from $50.50 to $85.00. On average, they anticipate Cavium's share price to reach $68.03 in the next twelve months.

What are analysts saying about Cavium stock?

Here are some recent quotes from research analysts about Cavium stock:

  • 1. Barclays PLC analysts commented, "CAVM's business is continuing to accelerate in 2017 across the core Octeon business, new products, and QLGC. QLGC is seeing share gains both within its existing customer base (HP/Dell) and new cloud customers (such as AMZN) and likely exceeds our estimates this year. Within CAVM's new products, Fusion-M is already at a double-digit run rate with the new "baby" M (500-1K users) and 5G expanding the TAM in 2018+. Thunder has taken longer but we see opportunities for wins with the new T2 portfolio (expected in Q2 and includes Vulcan at high-end) that can add incremental revenue vs. low ARM server expectations. Octeon III continues to roll out driving 10%+ core growth. Net net, still a show me growth story but they are starting to do just that. PT to $80." (3/6/2017)
  • 2. Needham & Company LLC analysts commented, "We met with CEO Syed Ali at the 2017 Mobile World Congress. Cavium made a number of announcements this morning, the most important of which is the extension of the OCTEON Fusion-M product family with the introduction of a new low-cost, entry-level version of Fusion-M, the CNF73XX, targeting 4G outdoor micro cell base sations for rural and network densification applications. Cavium also announced China Unicom would be the first wireless operator to trial Cavium’s M-CORD rack solutions based on Cavium’s ThunderX, Xpliant and Fusion-M solutions. Finally, management noted the wireless outlook was improving with continued strength at Samsung and an uptick in demand from Nokia." (2/27/2017)
  • 3. According to Zacks Investment Research, "Cavium, Inc. is engaged in providing semiconductor processors that enable networking, communications, storage, video and security applications. The Company offers software compatible processors with functionality in enterprise, data-center, broadband/consumer and access and service provider equipment. Its processors are supported by ecosystem partners that provide operating systems, tools and application support, hardware reference designs and other services. Cavium, Inc., formerly known as Cavium Networks, Inc., is headquartered in Mountain View, California. " (2/17/2017)
  • 4. Jefferies Group LLC analysts commented, "CAVM beat and raised again, with a full quarter of QLGC and progress in new products (notably Fusion-M and XPliant). We are encouraged by the progress and visibility into product cycles but remain on the sidelines as we believe multiple expansion will be challenging given the B/S leverage, the acquisition of lower-growth QLGC, and high SBC." (2/2/2017)
  • 5. Pacific Crest analysts commented, "We are increasing our 2017 EPS estimate by $0.73 to $2.60. While we believe Cavium likely has significant opportunities to extract significant cost synergies from QLogic, we remain concerned that this acquisition was likely reactive." (8/17/2016)

Who owns Cavium stock?

Cavium's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (15.00%), Franklin Resources Inc. (2.04%), State Street Corp (1.98%), Brown Advisory Inc. (1.23%), Fred Alger Management Inc. (0.79%) and ShearLink Capital LLC (0.76%). Company insiders that own Cavium stock include Anil Kumar Jain, Anthony S Thornley, Arthur D Chadwick, C N Reddy, Muhammad Raghib Hussain, Syed Ali and Vincent P Pangrazio.

Who sold Cavium stock? Who is selling Cavium stock?

Cavium's stock was sold by a variety of institutional investors in the last quarter, including ShearLink Capital LLC, Dimensional Fund Advisors LP, Allianz Asset Management AG, Turner Investments LLC, UBS Asset Management Americas Inc., Century Capital Management LLC, Comgest Global Investors S.A.S. and Guggenheim Capital LLC. Company insiders that have sold Cavium stock in the last year include Anthony S Thornley, Arthur D Chadwick, C N Reddy, Muhammad Raghib Hussain, Syed Ali and Vincent P Pangrazio.

Who bought Cavium stock? Who is buying Cavium stock?

Cavium's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, Russell Investments Group Ltd., Credit Agricole S A, Franklin Resources Inc., Thornburg Investment Management Inc., Advisory Research Inc. and Fred Alger Management Inc.. Company insiders that have bought Cavium stock in the last two years include Arthur D Chadwick and Muhammad Raghib Hussain.

How do I buy Cavium stock?

Shares of Cavium can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cavium stock cost?

One share of Cavium stock can currently be purchased for approximately $71.36.

Cavium (CAVM) Chart for Wednesday, March, 29, 2017

This page was last updated on 3/29/2017 by MarketBeat.com Staff