Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Marvell Technology Inc (NASDAQ: MRVL) closed at $117.58 in the last session, up 1.36% from day before closing price of $116.00. In other words, the price has increased by $1.36 from its previous closing price. On the day, 12.17 million shares were traded. MRVL stock price reached its highest trading level at $120.86 during the session, while it also had its lowest trading level at $116.335.
Ratios:
We take a closer look at MRVL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 117.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 71.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on December 04, 2024, Reiterated its Overweight rating but revised its target price to $130 from $110 previously.
On December 04, 2024, UBS reiterated its Buy rating and also lowered its target price recommendation from $110 to $115.
The Benchmark Company reiterated its Buy rating for the stock on December 04, 2024, while the target price for the stock was revised from $115 to $135.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 15 ’25 when WILLEM MEINTJES bought 1,500 shares for $118.33 per share.
STRACHAN MICHAEL G sold 5,000 shares of MRVL for $613,250 on Jan 06 ’25. The Director now owns 30,959 shares after completing the transaction at $122.65 per share. On Jan 02 ’25, another insider, Casper Mark, who serves as the EVP, Chief Legal Officer of the company, sold 2,500 shares for $113.00 each. As a result, the insider received 282,500 and left with 24,706 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRVL now has a Market Capitalization of 101741969408 and an Enterprise Value of 86642442240. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.92 while its Price-to-Book (P/B) ratio in mrq is 7.61. Its current Enterprise Value per Revenue stands at 16.413 whereas that against EBITDA is 86.947.
Stock Price History:
The Beta on a monthly basis for MRVL is 1.40, which has changed by 0.65419245 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, MRVL has reached a high of $126.15, while it has fallen to a 52-week low of $53.19. The 50-Day Moving Average of the stock is 12.50%, while the 200-Day Moving Average is calculated to be 48.20%.
Shares Statistics:
According to the various share statistics, MRVL traded on average about 12.84M shares per day over the past 3-months and 10521900 shares per day over the past 10 days. A total of 865.20M shares are outstanding, with a floating share count of 857.98M. Insiders hold about 0.85% of the company’s shares, while institutions hold 85.22% stake in the company. Shares short for MRVL as of 1731628800 were 20360508 with a Short Ratio of 1.52, compared to 1728950400 on 18118492. Therefore, it implies a Short% of Shares Outstanding of 20360508 and a Short% of Float of 2.77.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.5.
