About Marvell Technology Group
Marvell Technology Group Ltd. is a fabless semiconductor provider of application-specific standard products. The Company is engaged in the design, development and sale of integrated circuits. The Company develops System-on-a-Chip (SoC) and System-in-a-Package (SiP) devices. Its product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers (PHY), wireless connectivity, Internet-of-Things (IoT) devices and multimedia solutions. Its products serve various applications used in carrier, metropolitan, enterprise and personal computer (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. The Company relies on independent, third-party contractors to perform manufacturing, assembly and test functions. The Company offers its products to sectors, including storage, networking, and mobile and wireless.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductor - Integrated Circuits
- Sub-Industry: Semiconductors
- Exchange: NASDAQ
- Symbol: MRVL
- CUSIP: G5876H10
- Previous Close: $16.02
- 50 Day Moving Average: $15.14
- 200 Day Moving Average: $13.67
- 52-Week Range: $9.05 - $16.30
- Trailing P/E Ratio: 77.77
- Foreward P/E Ratio: 17.80
- P/E Growth: 1.24
- Market Cap: $8.14B
- Outstanding Shares: 507,899,000
- Beta: 1.11
- Net Margins: 4.33%
- Return on Equity: 3.28%
- Return on Assets: 2.75%
Companies Related to Marvell Technology Group:
- Current Ratio: 4.49%
- Quick Ratio: 4.10%
What is Marvell Technology Group's stock symbol?
Marvell Technology Group trades on the NASDAQ under the ticker symbol "MRVL."
How often does Marvell Technology Group pay dividends? What is the dividend yield for Marvell Technology Group?
Marvell Technology Group declared a quarterly dividend on Thursday, November 17th. Shareholders of record on Tuesday, December 6th will be given a dividend of $0.06 per share on Wednesday, December 28th. This represents a $0.24 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Friday, December 2nd.
Where is Marvell Technology Group's stock going? Where will Marvell Technology Group's stock price be in 2017?
23 brokers have issued 1-year price targets for Marvell Technology Group's stock. Their predictions range from $11.00 to $20.00. On average, they anticipate Marvell Technology Group's share price to reach $14.49 in the next year.
When will Marvell Technology Group announce their earnings?
Marvell Technology Group is scheduled to release their next quarterly earnings announcement on Thursday, March, 2nd 2017.
What are analysts saying about Marvell Technology Group stock?
Here are some recent quotes from research analysts about Marvell Technology Group stock:
According to Zacks Investment Research, "Marvell is a fabless designer, developer and marketer of analog, mixed-signal and digital signal processing integrated circuits. A look at Marvell’s one year price performance shows that the company has outperformed the Zacks categorized Semiconductor-Communications industry. We believe that the strong demand for Marvell’s 4G LTE products will drive growth. This will be supported by growth from the company’s wide range of newly-launched Internet of Things (IoT) solutions. Going forward, the company’s recent restructuring initiative will benefit Marvell to improve cloud infrastructure and applications, which are expected to drive the company’s top line. The latest buyback scheme also reflects the company’s sound financial position and favorable prospects. However, competition in the semiconductor market from major players such as Intel and Texas Instruments remains a headwind." (2/17/2017)
Credit Suisse Group analysts commented, "We are raising our FY17/FY18 EPS to $0.58/$0.85 from $0.42/$0.55 based mostly on continued improvements in GM and OpM and we continue to see upside from additional cost savings, additional monetization of divested businesses and real-estate, buybacks and optionality around top-line growth – of note Networking (~23% of Rev) grew ~20% y/y and has now grown y/y for 2 consecutive quarters after multiple years of underperformance. We continue to argue that "self-help" alone could drive upside in the stock to $17.50; which is based upon a P/E multiple of 15x on ~$1.00 of EPS plus ~$3.00/share in cash. Upside beyond $17.50 will be more dependent on the Company’s ability to outline and execute on a viable growth strategy, especially in Networking." (11/18/2016)
Jefferies Group LLC analysts commented, "MRVL released its JanQ results and updated results for OctQ-15 and JulQ-15, and held a conference call. Prior to today, MRVL had not reported results since 7-Dec-15. In addition to discussing financial results through JanQ, the call provided an update on the state of the company. MRVL will report its AprQ-16 results next week on 27-Jul-16." (7/20/2016)
Who owns Marvell Technology Group stock?
Marvell Technology Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (5.15%), State Street Corp (1.87%), AQR Capital Management LLC (1.69%), Dimensional Fund Advisors LP (1.63%), Hotchkis & Wiley Capital Management LLC (0.83%) and Roystone Capital Management LP (0.77%). Company insiders that own Marvell Technology Group stock include Sehat Sutardja and Zining Wu.
Who sold Marvell Technology Group stock? Who is selling Marvell Technology Group stock?
Marvell Technology Group's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, State Street Corp, Hotchkis & Wiley Capital Management LLC, GLG LLC, Harvey Partners LLC, GLG Partners LP and Van ECK Associates Corp.
Who bought Marvell Technology Group stock? Who is buying Marvell Technology Group stock?
Marvell Technology Group's stock was bought by a variety of institutional investors in the last quarter, including Glenview Capital Management LLC, Two Sigma Investments LP, Russell Investments Group Ltd., Bogle Investment Management L P DE, Roystone Capital Management LP, Asset Management One Co. Ltd., Loomis Sayles & Co. L P and AQR Capital Management LLC.
How do I buy Marvell Technology Group stock?
Shares of Marvell Technology Group 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 Marvell Technology Group stock cost?
One share of Marvell Technology Group stock can currently be purchased for approximately $16.02.