Equities research analysts predict that Inphi Corporation (NYSE:IPHI) will announce $86.30 million in sales for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Inphi’s earnings, with the lowest sales estimate coming in at $86.00 million and the highest estimate coming in at $86.70 million. Inphi reported sales of $80.91 million in the same quarter last year, which suggests a positive year-over-year growth rate of 6.7%. The firm is expected to report its next quarterly earnings results on Tuesday, February 6th.

According to Zacks, analysts expect that Inphi will report full year sales of $86.30 million for the current financial year, with estimates ranging from $348.50 million to $349.14 million. For the next financial year, analysts expect that the company will post sales of $405.80 million per share, with estimates ranging from $397.00 million to $414.00 million. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that cover Inphi.

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

A number of brokerages have commented on IPHI. Needham & Company LLC restated a “buy” rating and set a $50.00 price objective on shares of Inphi in a research report on Tuesday, November 14th. B. Riley restated a “buy” rating and set a $48.00 price objective (up previously from $42.50) on shares of Inphi in a research report on Thursday, November 2nd. Cowen restated a “buy” rating and set a $45.00 price objective on shares of Inphi in a research report on Wednesday, November 1st. Northland Securities restated a “hold” rating and set a $33.00 price objective on shares of Inphi in a research report on Friday, September 15th. Finally, Zacks Investment Research upgraded shares of Inphi from a “sell” rating to a “hold” rating in a research report on Friday, September 15th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $45.00.

Inphi (NYSE IPHI) opened at $36.89 on Thursday. The company has a market cap of $1,560.00, a price-to-earnings ratio of -27.33, a price-to-earnings-growth ratio of 1.95 and a beta of 1.03. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.72 and a current ratio of 7.20. Inphi has a 12-month low of $33.00 and a 12-month high of $51.78.

In related news, Director Diosdado P. Banatao sold 5,000 shares of the stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $40.55, for a total value of $202,750.00. Following the sale, the director now directly owns 6,542 shares of the company’s stock, valued at approximately $265,278.10. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Diosdado P. Banatao sold 8,000 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $40.77, for a total transaction of $326,160.00. Following the completion of the sale, the director now directly owns 6,542 shares in the company, valued at $266,717.34. The disclosure for this sale can be found here. Insiders sold a total of 100,298 shares of company stock valued at $4,038,867 in the last quarter. Insiders own 3.60% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quantbot Technologies LP acquired a new stake in Inphi in the 2nd quarter valued at about $118,000. Ameritas Investment Partners Inc. grew its stake in Inphi by 6.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,689 shares of the semiconductor company’s stock valued at $127,000 after acquiring an additional 219 shares during the last quarter. Zions Bancorporation acquired a new stake in Inphi in the 3rd quarter valued at about $153,000. BNP Paribas Arbitrage SA grew its stake in Inphi by 422.7% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,872 shares of the semiconductor company’s stock valued at $167,000 after acquiring an additional 3,940 shares during the last quarter. Finally, Icon Advisers Inc. Co. acquired a new stake in Inphi in the 3rd quarter valued at about $202,000.

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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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