Equities research analysts predict that Rambus, Inc. (NASDAQ:RMBS) will post earnings of $0.11 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Rambus’ earnings. The highest EPS estimate is $0.11 and the lowest is $0.10. Rambus reported earnings per share of $0.12 in the same quarter last year, which would suggest a negative year-over-year growth rate of 8.3%. The business is expected to announce its next earnings results on Monday, October 23rd.

On average, analysts expect that Rambus will report full year earnings of $0.45 per share for the current financial year, with EPS estimates ranging from $0.43 to $0.46. Zacks’ EPS calculations are an average based on a survey of analysts that follow Rambus.

Rambus (NASDAQ:RMBS) last posted its quarterly earnings data on Monday, July 24th. The semiconductor company reported $0.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The company had revenue of $94.70 million during the quarter, compared to analyst estimates of $93 million. Rambus had a net margin of 1.76% and a return on equity of 9.28%. The company’s revenue was up 23.8% on a year-over-year basis. During the same quarter last year, the business posted $0.15 earnings per share.

Several equities analysts have recently commented on the stock. BidaskClub cut shares of Rambus from a “hold” rating to a “sell” rating in a research report on Monday. TheStreet upgraded shares of Rambus from a “c” rating to a “b-” rating in a research report on Monday, April 24th. Zacks Investment Research upgraded shares of Rambus from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $14.00 price objective (up from $13.50) on shares of Rambus in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $15.10.

In related news, SVP Laura Stark sold 3,644 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $12.06, for a total transaction of $43,946.64. Following the completion of the transaction, the senior vice president now directly owns 209,176 shares in the company, valued at approximately $2,522,662.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 12,830 shares of company stock valued at $160,008. 2.00% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the company. LS Investment Advisors LLC boosted its position in Rambus by 88.5% in the first quarter. LS Investment Advisors LLC now owns 7,648 shares of the semiconductor company’s stock worth $100,000 after buying an additional 3,590 shares in the last quarter. Ameritas Investment Partners Inc. bought a new position in Rambus during the first quarter worth about $117,000. Engineers Gate Manager LP bought a new position in Rambus during the first quarter worth about $135,000. State of Alaska Department of Revenue boosted its position in Rambus by 3.2% in the first quarter. State of Alaska Department of Revenue now owns 12,270 shares of the semiconductor company’s stock worth $161,000 after buying an additional 380 shares in the last quarter. Finally, Stevens Capital Management LP bought a new position in Rambus during the first quarter worth about $199,000. Institutional investors and hedge funds own 78.54% of the company’s stock.

Rambus (NASDAQ:RMBS) traded up 0.190% during mid-day trading on Wednesday, hitting $13.215. 920,661 shares of the stock traded hands. The firm’s 50-day moving average price is $12.11 and its 200-day moving average price is $12.65. The firm has a market cap of $1.48 billion, a P/E ratio of 188.786 and a beta of 0.87. Rambus has a 52 week low of $11.30 and a 52 week high of $14.50.

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About Rambus

Rambus Inc (Rambus) produces hardware and software technologies. The Company’s segments include Memory and Interface Division (MID), which focuses the design, development, manufacturing through partnerships and licensing of technology and solutions that is related to memory and interfaces; Rambus Security Division (RSD), which focuses on the design, development and licensing of technologies for chip and system security, anti-counterfeiting, smart ticketing and mobile payments; Emerging Solutions Division (ESD), which encompasses its long-term research and development efforts in the area of emerging technologies, and Rambus Lighting Division (RLD), which focuses on the design, development and licensing of technologies for lighting.

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