In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Ceva Inc (NASDAQ: CEVA) closed at $21.14 down -20.17% from its previous closing price of $26.48. In other words, the price has decreased by -$20.17 from its previous closing price. On the day, 0.91 million shares were traded.
Ratios:
For a deeper understanding of Ceva Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 972.05. For the most recent quarter (mrq), Quick Ratio is recorded 7.09 and its Current Ratio is at 7.09. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 the company, ROTH MKM on August 08, 2024, Upgraded its rating to Buy and sets its target price to $25 from $20 previously.
On February 15, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $25 to $28.
ROTH MKM Downgraded its Buy to Neutral on August 10, 2023, whereas the target price for the stock was revised from $30 to $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 14 ’25 when SILVER LOUIS sold 4,520 shares for $30.98 per share. The transaction valued at 140,030 led to the insider holds 47,038 shares of the business.
SILVER LOUIS bought 4,520 shares of CEVA for $134,651 on Mar 14 ’25. On Jun 13 ’24, another insider, SILVER LOUIS, who serves as the Director of the company, sold 3,934 shares for $20.72 each. As a result, the insider received 81,512 and left with 40,576 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.73 while its Price-to-Book (P/B) ratio in mrq is 1.87.
Stock Price History:
Over the past 52 weeks, CEVA has reached a high of $38.94, while it has fallen to a 52-week low of $16.02. The 50-Day Moving Average of the stock is -22.53%, while the 200-Day Moving Average is calculated to be -22.48%.
Shares Statistics:
A total of 23.63M shares are outstanding, with a floating share count of 22.99M. Insiders hold about 3.87% of the company’s shares, while institutions hold 87.27% stake in the company.
Earnings Estimates
As of right now, 2.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.13, with high estimates of $0.14 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.46 and $0.45 for the fiscal current year, implying an average EPS of $0.46. EPS for the following year is $0.89, with 4.0 analysts recommending between $1.12 and $0.68.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $25.7M this quarter.It ranges from a high estimate of $25.7M to a low estimate of $25.7M. As of the current estimate, Ceva Inc’s year-ago sales were $28.44MFor the next quarter, 2 analysts are estimating revenue of $28.5M. There is a high estimate of $29M for the next quarter, whereas the lowest estimate is $28M.
A total of 2 analysts have provided revenue estimates for CEVA’s current fiscal year. The highest revenue estimate was $109.4M, while the lowest revenue estimate was $108.9M, resulting in an average revenue estimate of $109.15M. In the same quarter a year ago, actual revenue was $106.94MBased on 4 analysts’ estimates, the company’s revenue will be $129.68M in the next fiscal year. The high estimate is $135M and the low estimate is $123M.
