Contrasting CEVA (CEVA) and Renesola (SOL)
CEVA (NASDAQ: CEVA) and Renesola (NYSE:SOL) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitabiliy, earnings and valuation.
Institutional and Insider Ownership
94.0% of CEVA shares are held by institutional investors. Comparatively, 12.6% of Renesola shares are held by institutional investors. 3.9% of CEVA shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
This is a breakdown of recent recommendations for CEVA and Renesola, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
CEVA currently has a consensus price target of $42.33, suggesting a potential downside of 6.34%. Renesola has a consensus price target of $3.63, suggesting a potential upside of 53.60%. Given Renesola’s higher possible upside, analysts plainly believe Renesola is more favorable than CEVA.
Risk and Volatility
CEVA has a beta of 0.62, indicating that its stock price is 38% less volatile than the S&P 500. Comparatively, Renesola has a beta of 2.18, indicating that its stock price is 118% more volatile than the S&P 500.
Earnings and Valuation
This table compares CEVA and Renesola’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|CEVA||$77.43 million||12.58||$19.69 million||$0.71||63.66|
|Renesola||$929.84 million||0.05||$71.75 million||($1.71)||-1.38|
Renesola has higher revenue and earnings than CEVA. Renesola is trading at a lower price-to-earnings ratio than CEVA, indicating that it is currently the more affordable of the two stocks.
This table compares CEVA and Renesola’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
CEVA beats Renesola on 9 of the 13 factors compared between the two stocks.
CEVA, Inc. (CEVA) is a licensor of signal processing intellectual property (IP). The Company partners with semiconductor companies and original equipment manufacturers (OEMs) to create connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of things (IoT). The Company operates in the segment of licensing of intellectual property to semiconductor companies and electronic equipment manufacturers. CEVA addresses the requirements of the mobile, consumer, automotive, industrial and IoT markets by designing and licensing a range of application-specific signal processing platforms, which enable the design of solutions for developing a range of applications, including communications and connectivity, audio and voice, imaging and vision, and storage.
ReneSola Ltd is a holding company. The Company is a brand and technology provider of energy-efficient products based in China. The Company’s segments include wafer sales, cell and module sales, and solar power projects. The wafer sales segment involves the manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The cell and module sales segment involves the manufacture and sales of solar cells and modules. The solar power projects segment involves sales of solar power projects and electricity generation revenue of certain project assets it owns and operates. The Company provides its customers with solar power products and processing services. It provides solar power products to a network of suppliers and customers, which includes manufacturers of solar cells and modules and distributors, installers and end users of solar modules. The Company manufactures solar-grade polysilicon, solar wafers, cells and modules.
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