Analysts expect that Inphi Corporation (NYSE:IPHI) will announce sales of $86.30 million for the current quarter, according to Zacks Investment Research. Eight analysts have issued estimates for Inphi’s earnings, with estimates ranging from $86.00 million to $86.70 million. Inphi posted sales of $80.91 million in the same quarter last year, which suggests a positive year-over-year growth rate of 6.7%. The company is scheduled to issue its next earnings results on Tuesday, February 6th.

On average, analysts expect that Inphi will report full-year sales of $86.30 million for the current fiscal year, with estimates ranging from $348.00 million to $349.14 million. For the next financial year, analysts forecast that the company will report sales of $408.44 million per share, with estimates ranging from $397.00 million to $426.00 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Inphi.

Inphi (NYSE:IPHI) last announced its quarterly earnings data on Tuesday, October 31st. The semiconductor company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.27. The firm had revenue of $84.50 million during the quarter, compared to analyst estimates of $84.30 million. Inphi had a negative net margin of 16.27% and a positive return on equity of 7.79%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 EPS.

A number of equities research analysts have recently weighed in on IPHI shares. Jefferies Group set a $50.00 price objective on shares of Inphi and gave the stock a “buy” rating in a report on Wednesday, October 18th. B. Riley lowered shares of Inphi to a “buy” rating in a report on Thursday. BidaskClub lowered shares of Inphi from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Needham & Company LLC restated a “buy” rating and issued a $50.00 price objective on shares of Inphi in a report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded shares of Inphi from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $44.92.

Shares of Inphi (IPHI) traded down $1.08 on Friday, hitting $37.84. 1,522,700 shares of the stock were exchanged, compared to its average volume of 951,900. The company has a market cap of $1,655.41, a price-to-earnings ratio of 51.21, a price-to-earnings-growth ratio of 3.75 and a beta of 1.01. The company has a current ratio of 7.20, a quick ratio of 6.72 and a debt-to-equity ratio of 1.02. Inphi has a 1 year low of $33.00 and a 1 year high of $51.78.

In other Inphi news, Director Diosdado P. Banatao sold 8,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $40.77, for a total transaction of $326,160.00. Following the transaction, the director now directly owns 6,542 shares of the company’s stock, valued at approximately $266,717.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Diosdado P. Banatao sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $40.55, for a total transaction of $202,750.00. Following the transaction, the director now directly owns 6,542 shares in the company, valued at $265,278.10. The disclosure for this sale can be found here. Insiders have sold a total of 100,238 shares of company stock valued at $4,037,064 over the last quarter. 3.60% of the stock is currently owned by company insiders.

A number of institutional investors have recently modified their holdings of the business. FMR LLC increased its position in Inphi by 1,047.9% during the 2nd quarter. FMR LLC now owns 5,894,333 shares of the semiconductor company’s stock valued at $202,176,000 after purchasing an additional 5,380,825 shares during the period. Capital Research Global Investors grew its position in shares of Inphi by 3.7% in the 2nd quarter. Capital Research Global Investors now owns 5,064,201 shares of the semiconductor company’s stock worth $173,702,000 after buying an additional 180,367 shares during the period. Vanguard Group Inc. grew its position in shares of Inphi by 3.3% in the 2nd quarter. Vanguard Group Inc. now owns 3,068,076 shares of the semiconductor company’s stock worth $105,235,000 after buying an additional 97,957 shares during the period. Ameriprise Financial Inc. grew its position in shares of Inphi by 5.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,912,098 shares of the semiconductor company’s stock worth $115,581,000 after buying an additional 153,355 shares during the period. Finally, Franklin Resources Inc. grew its position in shares of Inphi by 148.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,402,200 shares of the semiconductor company’s stock worth $48,095,000 after buying an additional 837,600 shares during the period.

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About Inphi

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters.

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