Ambarella, Inc. (NASDAQ:AMBA) reported its last quarter results on 12/01/2016.
Ambarella, Inc. Gross Margin percentage stands at 65.3% while its Operating Margin for trailing twelve month is 17 percent and Profit margin (ttm) is 15.3 Percent. Revenue for the fourth quarter of fiscal 2017 was $87.5 million, up 28.8% from $68.0 million in the same period in fiscal 2016. The same period from a year ago had $0.64 in EPS on $67.97 million in revenue. This showed the surprise of 24.3% in the last quarter earnings. Keep in mind that the company has a total market cap of $1.95 billion. The firm's 50-day moving average price is $53.09 and its 200-day moving average price is $60.13. On a non-GAAP basis, Ambarella reported earnings of 92 cents per share, which surpassed Street estimates that called for non-GAAP earnings of 74 cents per share.
AMBA has been the subject of a number of other research reports. Needham & Company LLC restated a hold rating on shares of Ambarella in a research report on Sunday, December 4th. Stifel Nicolaus decreased their price target on Ambarella to $65.00 in a research note on Wednesday.
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Price Target plays a critical role when it comes to the Analysis of a Stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The mean price target is $45.56 (according to consensus of 17 analysts).
Many analysts are providing their Estimated Earnings analysis for Ambarella, Inc. and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.74/share. If you are accessing this news story on another website, it was copied illegally and republished in violation of United States and worldwide trademark and copyright legislation. Looking on other side, Forward Price to Earnings ratio of AMBA persists on 19.91.
12/16/2016 per share and the total transaction amounting to Leslie Kohn. The stock grabbed 44 new institutional investments totaling 1,786,890 shares while 48 institutional investors sold out their entire positions totaling 1,154,853 shares. Following the sale, the chief financial officer now owns 95,508 shares in the company, valued at $5,177,488.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Feng-Ming Wang sold 9,021 shares of the firm's stock in a transaction that occurred on Friday, December 16th. Following the completion of the sale, the vice president now directly owns 22,705 shares of the company's stock, valued at $1,230,838.05. The disclosure for this sale can be found here.
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Large investors have recently modified their holdings of the stock. In the last ninety days, insiders have sold 20,236 shares of company stock worth $1,096,994.
And Goldman Sachs's Mark Delaney raises his rating to Buy from Neutral, writing that there is a "tactical opportunity" in the stock given what may be 49% upside from consensus estimates, on rising memory chip prices this month and next. Finally, Handelsinvest Investeringsforvaltning acquired a new stake in shares of Ambarella during the third quarter worth about $1,421,000. Royal Bank of Canada now owns 14,198 shares of the company's stock worth $720,000 after buying an additional 6,872 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Ambarella by 93.8% in the second quarter. Additionally, Craig Hallum Initiated its ratings on the stock to Buy. The stock added 2.15% beyond one week and climbed 17.74% during previous one month session.
Ambarella, Inc offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display.
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