Marvell Technology Group Company Profile (NASDAQ:MRVL)

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: $13.24
  • 50 Day Moving Average: $12.39
  • 200 Day Moving Average: $10.78
  • 52-Week Range: $7.40 - $13.46
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.76
  • P/E Growth: 1.66
  • Market Cap: $6.77B
  • Outstanding Shares: 511,700,000
  • Beta: 0.69
Profitability:
  • Net Margins: -1.18%
  • Return on Equity: 1.35%
  • Return on Assets: 1.09%
Debt:
  • Current Ratio: 4.42%
  • Quick Ratio: 4.02%
Additional Links:
Companies Related to Marvell Technology Group:

Analyst Ratings

Consensus Ratings for Marvell Technology Group (NASDAQ:MRVL) (?)
Ratings Breakdown: 2 Sell Ratings, 17 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.16)
Consensus Price Target: $12.65 (4.44% downside)

Analysts' Ratings History for Marvell Technology Group (NASDAQ:MRVL)
Show:
DateFirmActionRatingPrice TargetDetails
9/20/2016SusquehannaInitiated CoverageNeutral$13.00View Rating Details
9/11/2016B. RileyReiterated RatingBuy$16.00View Rating Details
9/8/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details
9/8/2016MKM PartnersReiterated RatingNeutralView Rating Details
9/8/2016Morgan StanleyReiterated RatingEqual Weight$13.00 -> $14.00View Rating Details
9/6/2016Benchmark Co.Reiterated RatingHoldView Rating Details
9/7/2016Brean CapitalReiterated RatingBuy$15.00View Rating Details
9/7/2016Jefferies GroupReiterated RatingHold$13.00View Rating Details
9/7/2016Goldman Sachs Group Inc.Reiterated RatingNeutral$12.00View Rating Details
9/6/2016Cowen and CompanyBoost Price TargetOutperform$15.00 -> $16.00View Rating Details
9/2/2016Citigroup Inc.Boost Price TargetSell$10.50 -> $12.00View Rating Details
8/31/2016StephensInitiated CoverageOverweight$17.00View Rating Details
7/28/2016Pacific CrestReiterated RatingHoldView Rating Details
7/28/2016BMO Capital MarketsReiterated RatingHold$11.00View Rating Details
7/28/2016Deutsche Bank AGBoost Price TargetHold$12.00 -> $13.00View Rating Details
7/28/2016Barclays PLCBoost Price TargetEqual Weight$10.00 -> $12.00View Rating Details
7/28/2016Northland SecuritiesUpgradeMarket Perform -> Outperform$16.00View Rating Details
7/26/2016Needham & Company LLCReiterated RatingHoldView Rating Details
7/20/2016Bank of America Corp.Reiterated RatingSell$10.00View Rating Details
7/20/2016Credit Suisse Group AGReiterated RatingHold$9.00View Rating Details
4/7/2016FBR & CoReiterated RatingOutperform$11.00View Rating Details
4/6/2016Standpoint ResearchDowngradeBuy -> HoldView Rating Details
2/18/2016Craig HallumBoost Price Target$17.50View Rating Details
12/8/2015JPMorgan Chase & Co.Lower Price TargetNeutral$12.00 -> $9.00View Rating Details
10/27/2015Royal Bank Of CanadaReiterated RatingSector Perform$10.00 -> $9.00View Rating Details
10/12/2015NomuraDowngradeBuy -> Neutral$14.00 -> $12.00View Rating Details
9/25/2015Canaccord GenuityBoost Price TargetHold$6.00View Rating Details
9/25/2015Piper Jaffray Cos.Reiterated RatingNeutral$14.00View Rating Details
9/15/2015JMP SecuritiesLower Price TargetMarket Underperform$10.00 -> $7.00View Rating Details
8/19/2015Ladenburg ThalmannUpgradeNeutral -> Buy$12.16 -> $15.00View Rating Details
5/23/2015Raymond James Financial Inc.Reiterated RatingOutperform$15.00 -> $16.00View Rating Details
2/25/2015Stifel NicolausDowngradeBuy -> HoldView Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Marvell Technology Group (NASDAQ:MRVL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/6/2016        
9/6/2016Q217$0.11$0.18$629.96 million$626.00 millionViewListenView Earnings Details
7/27/2016Q316$0.07$0.01$652.65 million$540.82 millionViewListenView Earnings Details
12/7/2015Q3 16$0.13$0.05ViewN/AView Earnings Details
9/11/2015Q216$0.11($0.74)$711.00 millionViewN/AView Earnings Details
5/21/2015Q116$0.10$0.13$724.00 millionViewListenView Earnings Details
2/19/2015Q415$0.24$0.25$889.90 million$857.00 millionViewListenView Earnings Details
11/20/2014Q315$0.29$0.29$976.10 million$930.10 millionViewListenView Earnings Details
8/21/2014Q215$0.28$0.34$961.56 million$961.50 millionViewListenView Earnings Details
5/22/2014Q115$0.22$0.27$892.25 million$957.83 millionViewListenView Earnings Details
2/20/2014Q414$0.25$0.29$901.13 million$931.70 millionViewListenView Earnings Details
11/21/2013Q3$0.25$0.32$872.80 million$931.00 millionViewListenView Earnings Details
8/22/2013Q2 2014$0.19$0.23$791.30 million$807.00 millionViewListenView Earnings Details
5/23/2013Q1 2014$0.14$0.19$721.55 million$734.40 millionViewListenView Earnings Details
2/21/2013Q4 2013$0.13$0.19$720.89 million$775.30 millionViewListenView Earnings Details
11/15/2012Q312$0.20$0.20$774.20 million$781.00 millionViewN/AView Earnings Details
8/16/2012$0.26$0.24ViewN/AView Earnings Details
5/17/2012$0.20$0.23ViewN/AView Earnings Details
2/23/2012$0.18$0.21ViewN/AView Earnings Details
11/17/2011$0.39$0.40ViewN/AView Earnings Details
8/18/2011$0.37$0.38ViewN/AView Earnings Details
5/26/2011$0.30$0.29ViewN/AView Earnings Details
3/3/2011$0.42$0.40ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Marvell Technology Group (NASDAQ:MRVL)
Current Year EPS Consensus Estimate: $0.44 EPS
Next Year EPS Consensus Estimate: $0.67 EPS
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
Q3 20171$0.04$0.04$0.04
Q4 20173$0.04$0.08$0.06
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Marvell Technology Group (NASDAQ:MRVL)
Annual Dividend:$0.24
Dividend Yield:1.81%
Payout Ratio:-480.00% (Based on Trailing 12 Months of Earnings)
54.55% (Based on Current Year Consensus EPS Estimate)
35.82% (Based on Next Year Consensus EPS Estimate)

Dividend History for Marvell Technology Group (NASDAQ:MRVL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/14/2016quarterly$0.069/26/20169/28/201610/19/2016
5/18/2016quarterly$0.066/10/20166/14/20167/12/2016
3/16/2016quarterly$0.063/24/20163/29/20164/22/2016
12/7/2015Quarterly$0.0612/14/201512/16/201512/29/2015
9/28/2015quarterly$0.0610/6/201510/8/201510/22/2015
5/27/2015quarterly$0.061.73%6/9/20156/11/20157/1/2015
2/20/2015quarterly$0.061.47%3/10/20153/12/20154/2/2015
11/24/2014quarterly$0.061.73%12/9/201412/11/201412/29/2014
8/21/2014quarterly$0.061.78%9/9/20149/11/201410/2/2014
5/23/2014quarterly$0.061.51%6/10/20146/12/20147/2/2014
2/21/2014quarterly$0.061.54%3/11/20143/13/20143/27/2014
11/22/2013quarterly$0.061.65%12/10/201312/12/201312/23/2013
8/23/2013quarterly$0.061.97%9/10/20139/12/201310/3/2013
5/24/2013quarterly$0.062.12%6/11/20136/13/20137/3/2013
2/25/2013quarterly$0.062.44%3/12/20133/14/20134/4/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Marvell Technology Group (NASDAQ:MRVL)
Insider Ownership Percentage: 13.70%
Institutional Ownership Percentage: 70.65%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/23/2015Zining WuCTOSell51,312$14.51$744,537.12View SEC Filing  
7/15/2014Michael RashkinCFOSell4,324$14.07$60,838.68View SEC Filing  
4/2/2014Zining WuInsiderSell17,398$16.23$282,369.54View SEC Filing  
1/10/2014Pantas SutardjaVPSell197,000$15.31$3,016,070.00View SEC Filing  
1/2/2014Pantas SutardjaVPSell120,000$14.18$1,701,600.00View SEC Filing  
12/19/2013Pantas SutardjaVPSell260,104$13.47$3,503,600.88View SEC Filing  
12/17/2013Pantas SutardjaVPSell284,500$13.69$3,894,805.00View SEC Filing  
12/11/2013Pantas SutardjaVPSell494,700$13.50$6,678,450.00View SEC Filing  
12/6/2013Pantas SutardjaVPSell199,086$14.21$2,829,012.06View SEC Filing  
12/3/2013Brad FellerCFOSell40,000$14.07$562,800.00View SEC Filing  
12/3/2013Pantas SutardjaVPSell227,600$14.20$3,231,920.00View SEC Filing  
9/20/2013Pantas SutardjaVPSell18,900$12.73$240,597.00View SEC Filing  
9/18/2013Pantas SutardjaVPSell363,200$12.74$4,627,168.00View SEC Filing  
9/11/2013Pantas SutardjaVPSell376,742$12.81$4,826,065.02View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Marvell Technology Group (NASDAQ:MRVL)
DateHeadline
finance.yahoo.com logoMomentum bulls chasing Marvell Tech (NASDAQ:MRVL)
finance.yahoo.com - September 28 at 11:14 AM
mysmartrend.com logoMarvell Technology Has Returned 36.4% Since SmarTrend Recommendation (MRVL) (NASDAQ:MRVL)
www.mysmartrend.com - September 27 at 6:07 PM
News IconStock in Spotlight: Marvell Technology Group Ltd. (NASDAQ:MRVL), Nucor Corporation (NYSE:NUE) - Newburgh Press (NASDAQ:MRVL)
newburghpress.com - September 27 at 10:50 AM
nasdaq.com logoMarvell Technology Group Ltd. (MRVL) Ex-Dividend Date Scheduled for September 26, 2016 - Nasdaq (NASDAQ:MRVL)
www.nasdaq.com - September 25 at 5:37 PM
benzinga.com logo6 Notable Stocks Trading Ex-Dividend Monday, September 26 - Benzinga (NASDAQ:MRVL)
www.benzinga.com - September 23 at 5:50 PM
forbes.com logoMarvell Technology Group About To Put More Money In Your Pocket (MRVL) - Forbes (NASDAQ:MRVL)
www.forbes.com - September 23 at 5:50 PM
capitalcube.com logoETF’s with exposure to Marvell Technology Group Ltd. : September 22, 2016 (NASDAQ:MRVL)
www.capitalcube.com - September 22 at 5:57 PM
forbes.com logoMarvell Technology Group About To Put More Money In Your Pocket (MRVL) (NASDAQ:MRVL)
www.forbes.com - September 22 at 11:02 AM
investorplace.com logo10 Semiconductors & Semiconductor Equipment Stocks to Buy Now - Investorplace.com (NASDAQ:MRVL)
investorplace.com - September 21 at 5:54 PM
finance.yahoo.com logoCoverage initiated on Marvell by Susquehanna (NASDAQ:MRVL)
finance.yahoo.com - September 21 at 10:22 AM
mysmartrend.com logoMarvell Technology Has Returned 35.9% Since SmarTrend Recommendation (MRVL) (NASDAQ:MRVL)
www.mysmartrend.com - September 20 at 11:24 AM
thestreet.com logoOne Reason Why Marvell (MRVL) Stock Is Up Today (NASDAQ:MRVL)
www.thestreet.com - September 19 at 6:13 PM
News IconMarvell Technology declares quarterly dividend (NASDAQ:MRVL)
www.financial-news.co.uk - September 19 at 10:44 AM
News IconNationwide Fund Advisors Has $11,487,000 Stake in Marvell Technology Group Ltd. (MRVL) (NASDAQ:MRVL)
alltheinternetofthings.com - September 17 at 5:51 PM
News IconNew Broker Views On Marvell Technology Group Ltd. (NASDAQ:MRVL) (NASDAQ:MRVL)
larampadinapoli.com - September 16 at 6:00 PM
marketrealist.com logoMarvell’s Stock Underperforms Its Peers, Outperforms the Market (NASDAQ:MRVL)
marketrealist.com - September 16 at 6:00 PM
marketrealist.com logoWhat’s the Possibility of Marvell Getting Acquired? (NASDAQ:MRVL)
marketrealist.com - September 16 at 6:00 PM
News IconTech Stocks in Focus! Brocade Communications Systems, Inc. (BRCD), Marvell Technology Group Ltd. (NASDAQ:MRVL) - share market updates (press release) (NASDAQ:MRVL)
sharemarketupdates.com - September 16 at 9:47 AM
finance.yahoo.com logoMarvell Technology Group Ltd. Declares Quarterly Dividend Payment - Yahoo Finance (NASDAQ:MRVL)
finance.yahoo.com - September 16 at 9:47 AM
insidermonkey.com logoMarvell Technology Group Ltd (MRVL): Starboard Value Acquires More Shares (NASDAQ:MRVL)
www.insidermonkey.com - September 16 at 9:47 AM
News IconMarvell Technology Group Ltd. (NASDAQ:MRVL) suggested as sell from 15 Analysts (NASDAQ:MRVL)
www.crcconnection.com - September 15 at 6:19 PM
marketrealist.com logoWhat Marvell’s Balance Sheet Says about Its Financial Position (NASDAQ:MRVL)
marketrealist.com - September 15 at 6:19 PM
marketrealist.com logoWhy Marvel Has Guided Lower for 3Q17 (NASDAQ:MRVL)
marketrealist.com - September 15 at 6:19 PM
biz.yahoo.com logoMARVELL TECHNOLOGY GROUP LTD Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:MRVL)
biz.yahoo.com - September 15 at 6:19 PM
prnewswire.com logoMarvell Technology Group Ltd. Declares Quarterly Dividend Payment - PR Newswire (press release) (NASDAQ:MRVL)
www.prnewswire.com - September 15 at 9:42 AM
marketrealist.com logoMarvell’s Improved Profits Reflect Operational Efficiency (NASDAQ:MRVL)
marketrealist.com - September 15 at 9:42 AM
seekingalpha.com logoMarvell Technology Group declares $0.06 dividend (NASDAQ:MRVL)
seekingalpha.com - September 14 at 6:22 PM
publicnow.com logoMarvell Technology Group Ltd. Declares Quarterly Dividend Payment (NASDAQ:MRVL)
www.publicnow.com - September 14 at 6:22 PM
marketrealist.com logoNew Management Brings New Hope for Marvell Technology (NASDAQ:MRVL)
marketrealist.com - September 14 at 10:32 AM
marketrealist.com logoActivist Investor Starboard May Shake Things Up at Marvell (NASDAQ:MRVL)
marketrealist.com - September 14 at 10:32 AM
marketrealist.com logoMarvell Focuses on These Growth Markets to Boost Revenue (NASDAQ:MRVL)
marketrealist.com - September 14 at 10:32 AM
marketrealist.com logoHow Marvell Plans to Cope with Softness in Storage Space (NASDAQ:MRVL)
marketrealist.com - September 14 at 10:32 AM
marketrealist.com logoMarvell Is Focusing More on Its Second Largest Revenue Producer (NASDAQ:MRVL)
marketrealist.com - September 14 at 10:32 AM
marketrealist.com logoInvestors Can Celebrate Marvell’s Exiting This Shrinking Space (NASDAQ:MRVL)
marketrealist.com - September 14 at 10:32 AM
mysmartrend.com logoMarvell Technology Has Returned 29.7% Since SmarTrend Recommendation (MRVL) (NASDAQ:MRVL)
www.mysmartrend.com - September 12 at 5:59 PM
News IconMean Consensus Price Target for Marvell Technology Group Ltd. (NASDAQ:MRVL) is Set at 13.708 - Frisco Fastball (NASDAQ:MRVL)
friscofastball.com - September 11 at 5:42 PM
News IconMarvell Technology Group Ltd. (NASDAQ:MRVL) Takes Center Stage as 1-Year Target is in - Frisco Fastball (NASDAQ:MRVL)
friscofastball.com - September 11 at 5:42 PM
News IconMarvell Technology Group Ltd. (NASDAQ:MRVL): Stock Movement Watch & Analyst Update - Frisco Fastball (NASDAQ:MRVL)
friscofastball.com - September 11 at 10:23 AM
News IconMarvell Technology Group's (MRVL) "Neutral" Rating Reaffirmed at MKM Partners (NASDAQ:MRVL)
myhealthbowl.com - September 10 at 5:39 PM
News IconAnalyst Perspectives on Price Target History: Marvell Technology ... - Post Registrar (NASDAQ:MRVL)
postregistrar.com - September 10 at 10:35 AM
thecountrycaller.com logoMarvell Technology Group Ltd. (MRVL) Falls Short of the Top Line Consensus Estimate - TCC (NASDAQ:MRVL)
www.thecountrycaller.com - September 9 at 10:57 AM
marketwatch.com logo10-Q: MARVELL TECHNOLOGY GROUP LTD (NASDAQ:MRVL)
www.marketwatch.com - September 8 at 6:02 PM
capitalcube.com logoETF’s with exposure to Marvell Technology Group Ltd. : September 8, 2016 (NASDAQ:MRVL)
www.capitalcube.com - September 8 at 6:02 PM
biz.yahoo.com logoMARVELL TECHNOLOGY GROUP LTD Files SEC form 10-Q, Quarterly Report (NASDAQ:MRVL)
biz.yahoo.com - September 8 at 6:02 PM
News IconPost Earnings Coverage as Marvell Technology Back in Black on Lower Costs (NASDAQ:MRVL)
news.investornetwork.com - September 8 at 10:05 AM
thecountrycaller.com logoMarvell Technology Group Ltd. (MRVL) Falls Short of the Top Line Consensus Estimate (NASDAQ:MRVL)
www.thecountrycaller.com - September 7 at 6:25 PM
investors.com logoSilicon Motion Breaks Out Amid Industry Storage Shift (NASDAQ:MRVL)
www.investors.com - September 7 at 6:25 PM
thestreet.com logoMarvell Technology (MRVL) Stock Price Target Raised at Credit Suisse (NASDAQ:MRVL)
www.thestreet.com - September 7 at 6:25 PM
zacks.com logoMarvell (MRVL) Beats on Q2 Earnings, Misses on Revenues (NASDAQ:MRVL)
www.zacks.com - September 7 at 9:47 AM
benzinga.com logoGoldman Sachs: Marvell Technology Turnaround Will Be Tough, But M&A Potential Exists (NASDAQ:MRVL)
www.benzinga.com - September 7 at 9:47 AM

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Marvell Technology Group (NASDAQ:MRVL) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff