Cavium Company Profile (NASDAQ:CAVM)

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

Cavium, Inc. (NASDAQ:CAVM) released its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.02. The business earned $242.09 million during the quarter, compared to the consensus estimate of $238.93 million. Cavium had a positive return on equity of 5.94% and a negative net margin of 22.82%. The firm's revenue was up 125.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.29 earnings per share. View Cavium's Earnings History.

Cavium is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Cavium.

17 analysts have issued twelve-month price targets for Cavium's shares. Their forecasts range from $66.00 to $85.00. On average, they expect Cavium's share price to reach $78.00 in the next twelve months. View Analyst Ratings for Cavium.

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

• 1. 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. " (8/7/2017)
• 2. Canaccord Genuity analysts commented, "We expect management to echo previous comments regarding a lack of visibility as it pertains to a China telco recovery ." (8/4/2017)
• 3. Needham & Company LLC analysts commented, "CAVM posted its fourth consecutive beat-and-raise quarter with strength across all areas of its business. The core embedded business remains strong and positive contributions from the recently acquired QLogic may result in that business exceeding management’s initial 8% initial growth target for 2017." (4/27/2017)
• 4. 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)
• 5. 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)

Some companies that are related to Cavium include Marvell Technology Group (MRVL), Flextronics International (FLEX), ON Semiconductor Corporation (ON), Arrow Electronics (ARW), Coherent (COHR), United Microelectronics Corporation (UMC), Microsemi Corporation (MSCC), Jabil Circuit (JBL), Semiconductor Manufacturing International Corporation (SMI), Siliconware Precision Industries Company (SPIL), Cypress Semiconductor Corporation (CY), Monolithic Power Systems (MPWR), Integrated Device Technology (IDTI), Silicon Laboratories (SLAB), Advanced Energy Industries (AEIS), Tower Semiconductor (TSEM), Sanmina Corporation (SANM) and Vishay Intertechnology (VSH).

Cavium's management team includes the folowing people:

• Syed B. Ali, Chairman of the Board of Directors, President, Chief Executive Officer
• Arthur D. Chadwick, Vice President - Finance and Administration, Chief Financial Officer
• Muhammad Raghib Hussain, Chief Operating Officer
• Vincent P. Pangrazio, Senior Vice President, General Counsel and Corporate Secretary
• Anil Kumar Jain, Corporate Vice President - IC Engineering
• Anthony S. Thornley, Lead Independent Director
• Bradley W. Buss, Independent Director
• Edward H. Frank Ph.D., Independent Director
• Sanjay Mehrotra, Independent Director
• Madhav V. Rajan, Independent Director

Cavium's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (14.93%), Vanguard Group Inc. (7.51%), BlackRock Inc. (4.48%), JPMorgan Chase & Co. (4.22%), Standard Life Investments LTD (3.95%) and Wasatch Advisors Inc. (3.75%). 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. View Institutional Ownership Trends for Cavium.

Cavium's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Eagle Asset Management Inc., Standard Life Investments LTD, Northern Trust Corp, State Street Corp, Lord Abbett & CO. LLC, TIAA CREF Investment Management LLC and Ameriprise Financial Inc.. 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. View Insider Buying and Selling for Cavium.

Cavium's stock was purchased by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Renaissance Technologies LLC, Neuberger Berman Group LLC, Victory Capital Management Inc., ShearLink Capital LLC, Russell Investments Group Ltd., Stevens Capital Management LP and Wasatch Advisors Inc.. Company insiders that have bought Cavium stock in the last two years include Arthur D Chadwick and Muhammad Raghib Hussain. View Insider Buying and Selling for Cavium.

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.

One share of Cavium stock can currently be purchased for approximately $67.93.