EPS for CEVA, Inc. (CEVA) Expected At $-0.02

July 11, 2018 - By Robert Shackelford

CEVA, Inc. (NASDAQ:CEVA) LogoInvestors sentiment increased to 1.4 in Q1 2018. Its up 0.47, from 0.93 in 2017Q4. It is positive, as 21 investors sold CEVA, Inc. shares while 29 reduced holdings. 18 funds opened positions while 52 raised stakes. 18.30 million shares or 0.51% less from 18.39 million shares in 2017Q4 were reported.
Ls Advsrs Limited Liability Corp accumulated 4,400 shares or 0.01% of the stock. Aqr Mgmt holds 12,436 shares. Comml Bank Of New York Mellon holds 0% of its portfolio in CEVA, Inc. (NASDAQ:CEVA) for 455,029 shares. Strs Ohio holds 0% or 20,000 shares in its portfolio. Skylands Capital Limited Liability Company, a Wisconsin-based fund reported 20,000 shares. Deutsche Bank & Trust Ag has 0% invested in CEVA, Inc. (NASDAQ:CEVA) for 24,948 shares. Pnc Fin Services Grp Inc owns 346 shares for 0% of their portfolio. Campbell Newman Asset Mngmt Inc accumulated 17,270 shares or 0.1% of the stock. Pictet Asset Mgmt owns 0.05% invested in CEVA, Inc. (NASDAQ:CEVA) for 545,916 shares. Pinebridge Invs L P reported 0.01% stake. Kansas-based Waddell Reed Fincl has invested 0% in CEVA, Inc. (NASDAQ:CEVA). Voya Invest Mngmt Limited Liability Company holds 0% or 10,234 shares. Barclays Public Limited Liability Corporation invested 0% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). Louisiana State Employees Retirement Systems holds 0.02% or 9,900 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in CEVA, Inc. (NASDAQ:CEVA).

Since March 8, 2018, it had 0 insider buys, and 3 selling transactions for $180,432 activity.

Analysts expect CEVA, Inc. (NASDAQ:CEVA) to report $-0.02 EPS on August, 2.They anticipate $0.20 EPS change or 111.11 % from last quarter’s $0.18 EPS. After having $-0.08 EPS previously, CEVA, Inc.’s analysts see -75.00 % EPS growth. The stock decreased 0.79% or $0.25 during the last trading session, reaching $31.55. About 77,443 shares traded. CEVA, Inc. (NASDAQ:CEVA) has declined 19.86% since July 12, 2017 and is downtrending. It has underperformed by 32.43% the S&P500.

CEVA, Inc. (NASDAQ:CEVA) Ratings Coverage

Among 4 analysts covering CEVA (NASDAQ:CEVA), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. CEVA had 5 analyst reports since January 24, 2018 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Thursday, May 10. The company was downgraded on Wednesday, January 24 by Oppenheimer. Canaccord Genuity initiated it with “Buy” rating and $50.0 target in Friday, February 9 report.

CEVA, Inc. licenses signal processing intellectual property technologies to semiconductor companies and original equipment manufacturers (OEMs) serving the mobile, consumer, automotive, industrial, and Internet-of Things (IoT) markets worldwide. The company has market cap of $701.07 million. The firm licenses a family of programmable digital signal processor (DSP) cores and application-specific platforms for vision, imaging, and audio and voice, as well as long and short range wireless technologies, Wi-Fi, Bluetooth IPs, Serial ATA, and Serial Attached SCSI. It has a 67.85 P/E ratio. The Company’s technologies are licensed to semiconductor and OEM companies in the form of IP, which is used for the design, manufacture, market, and sale of application-specific integrated circuits and application-specific standard products to wireless, consumer electronics, and automotive companies for incorporation into a variety of end products.

More news for CEVA, Inc. (NASDAQ:CEVA) were recently published by: Prnewswire.com, which released: “CEVA Extends its Leadership in NB-IoT IP with CEVA-Dragonfly NB2, the World’s First eNB-IoT Rel14 Solution” on June 25, 2018. Gurufocus.com‘s article titled: “CEVA, Inc. Schedules Second Quarter 2018 Earnings Release and Conference Call” and published on July 05, 2018 is yet another important article.

CEVA, Inc. (NASDAQ:CEVA) Institutional Positions Chart

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