Recent Analysts’ Ratings Changes for Inphi (IPHI)

Inphi (NYSE: IPHI) has recently received a number of price target changes and ratings updates:

  • 1/25/2018 – Inphi had its “hold” rating reaffirmed by analysts at DA Davidson. They now have a $34.00 price target on the stock.
  • 1/22/2018 – Inphi had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $45.00 price target on the stock, down previously from $47.00.
  • 1/19/2018 – Inphi had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $48.00 price target on the stock.
  • 1/19/2018 – Inphi was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal” rating.
  • 1/19/2018 – Inphi had its “strong-buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $45.00 price target on the stock, down previously from $50.00.
  • 1/19/2018 – Inphi had its “neutral” rating reaffirmed by analysts at Bank of America Corp. They now have a $40.00 price target on the stock.
  • 1/19/2018 – Inphi had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $45.00 price target on the stock.
  • 1/3/2018 – Inphi was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Inphi Corporation operates as a provider of fabless high-speed analog semiconductor solutions for the communications and computing markets. Its solutions provides interface between analog signals and digital information in high-performance systems such as telecommunications transport systems, enterprise networking equipment, datacenter and enterprise servers, storage platforms, test and measurement equipment and military systems. The Company’s products are designed into systems sold by OEMs, including Agilent Technologies, Inc., Alcatel-Lucent, Cisco Systems, Inc., Danaher Corporation, Dell Inc., EMC Corporation, Hewlett-Packard Company, Huawei, International Business Machines Corporation and Oracle Corporation. Inphi Corporation is headquartered in Santa Clara, California “
  • 12/13/2017 – Inphi had its price target raised by analysts at Morgan Stanley from $42.00 to $45.00. They now have an “overweight” rating on the stock.
  • 12/7/2017 – Inphi was downgraded by analysts at B. Riley to a “buy” rating.
  • 12/7/2017 – Inphi was downgraded by analysts at Rosenblatt Securities from a “buy” rating to a “neutral” rating. They now have a $46.00 price target on the stock.

Inphi Co. (NYSE:IPHI) traded down $1.28 during midday trading on Monday, reaching $30.51. The company had a trading volume of 768,673 shares, compared to its average volume of 909,321. Inphi Co. has a twelve month low of $30.07 and a twelve month high of $51.78. The company has a current ratio of 7.20, a quick ratio of 6.72 and a debt-to-equity ratio of 1.02. The company has a market cap of $1,280.00, a PE ratio of -22.60, a price-to-earnings-growth ratio of 3.57 and a beta of 1.03.

Inphi (NYSE:IPHI) last posted its earnings results on Tuesday, October 31st. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.27. Inphi had a positive return on equity of 7.79% and a negative net margin of 16.27%. The business had revenue of $84.50 million during the quarter, compared to analysts’ expectations of $84.30 million. During the same period in the prior year, the business earned $0.46 EPS. Inphi’s revenue for the quarter was up 19.4% compared to the same quarter last year. analysts anticipate that Inphi Co. will post 0.51 EPS for the current fiscal year.

In other Inphi news, VP Charles Roach sold 28,000 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $40.27, for a total transaction of $1,127,560.00. Following the completion of the transaction, the vice president now owns 93,947 shares of the company’s stock, valued at approximately $3,783,245.69. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Diosdado P. Banatao sold 17,000 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $40.34, for a total value of $685,780.00. Following the transaction, the director now directly owns 6,542 shares of the company’s stock, valued at approximately $263,904.28. The disclosure for this sale can be found here. Over the last three months, insiders have sold 100,298 shares of company stock valued at $4,038,867. 3.60% of the stock is owned by company insiders.

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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