Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Cavium (CAVM) Stock Price

Media stories about Cavium (NASDAQ:CAVM) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cavium earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the semiconductor provider an impact score of 46.6482094400413 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Several research analysts have commented on CAVM shares. Raymond James Financial downgraded Cavium from an “outperform” rating to a “market perform” rating and set a $80.00 target price for the company. in a research note on Friday, February 2nd. Stifel Nicolaus raised their target price on Cavium from $68.00 to $81.00 and gave the stock a “hold” rating in a research note on Thursday, February 1st. Zacks Investment Research upgraded Cavium from a “sell” rating to a “hold” rating in a research note on Tuesday, January 23rd. KeyCorp restated a “buy” rating and issued a $80.00 target price on shares of Cavium in a research note on Tuesday, October 17th. Finally, Needham & Company LLC restated a “buy” rating and issued a $90.00 target price on shares of Cavium in a research note on Tuesday, November 21st. Twelve analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $80.25.

Shares of Cavium (CAVM) opened at $83.81 on Friday. Cavium has a 1-year low of $56.96 and a 1-year high of $90.83. The firm has a market capitalization of $5,768.92, a PE ratio of -82.17, a price-to-earnings-growth ratio of 2.06 and a beta of 1.33. The company has a quick ratio of 2.27, a current ratio of 2.87 and a debt-to-equity ratio of 0.81.

Cavium (NASDAQ:CAVM) last released its quarterly earnings results on Wednesday, January 31st. The semiconductor provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.02. Cavium had a positive return on equity of 14.28% and a negative net margin of 7.00%. The firm had revenue of $260.36 million for the quarter, compared to analysts’ expectations of $260.05 million. During the same quarter last year, the firm posted $0.56 EPS. The company’s revenue was up 15.1% compared to the same quarter last year. equities research analysts forecast that Cavium will post 2.14 earnings per share for the current year.

In other Cavium news, VP Anil Kumar Jain sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $85.90, for a total value of $730,150.00. Following the sale, the vice president now owns 91,616 shares of the company’s stock, valued at approximately $7,869,814.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.65% of the company’s stock.

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Cavium Company Profile

Cavium, Inc is a provider of integrated semiconductor processors that enable intelligent processing for wired and wireless infrastructure and cloud for networking, communications, storage and security applications. The Company’s products consist of multi-core processors for embedded and data center applications, network connectivity for server and switches, storage connectivity, and security processors for offload and appliance.

Insider Buying and Selling by Quarter for Cavium (NASDAQ:CAVM)

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