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Published: Thu, November 24, 2016
Economy | By Melissa Porter

Marvell Technology Group Ltd. (NASDAQ:MRVL) Fixes Dividend Payout At $0.06


Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock.

Additionally, the company has a PE ratio of 27.87 and has EPS of 1.27.

More important recent Marvell Technology Group Ltd. (NASDAQ:MRVL) news were published by: Profitconfidential.com which released: "Marvell Technology Group Ltd.: MRVL Stock Has Legs" on November 18, 2016, also Prnewswire.com published article titled: "Marvell Technology Group Ltd". Goldman Sachs Group Inc. restated a neutral rating and set a $12.00 price objective on shares of Marvell Technology Group in a report on Wednesday, September 7th.

Another important factor to consider when evaluating a stock's current and future value are the 52 week high and low levels.

Marvell Technology Group Ltd. has a 52 week low of $7.40 and a 52 week high of $15.00.

The firm is trading with SMA20 of 12.66 Percent, SMA50 of 13.6 Percent and SMA200 of 34.45 percent.

Many analysts are providing their Estimated Earnings analysis for Marvell Technology Group Ltd. and for the current quarter 24 analysts have projected that the stock could give an Average Earnings estimate of $0.13/share. During the same period in the previous year, the company posted $0.05 earnings per share. Considering the earnings reaction history, The Company has topped 50% percentage. For the next 5 years, Marvell Technology Group Ltd.is expecting Growth of 17.93% per annum, whereas in the past 5 years the growth was -26.73% per annum.

Let's start off by taking a look at how the stock has been performing recently. The current share price indicates that stock is 5.33% away from its one year high and is moving 61.59% ahead of its one year low. On Sep 2, 2016, Citigroup said it Maintains its rating on Marvell Technology Group Ltd. MRVL is presenting price to cash flow of 4.20.

According to Zacks Investment Research, "Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets".

The growth estimate for Coty Inc. Company has 0.07% insider ownership. The trend has been pretty favorable too, with estimates increasing from 5 cents a share 30 days ago, to 8 cents today, a move of 60.0%. The median estimate represents a +18.25% increase from the last price of 19.45. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.50 on scale of 1-5. Roystone Capital Management LP now owns 4,485,600 shares of the company's stock valued at $42,747,000 after buying an additional 1,855,600 shares during the period. The stock has 52-week high of $31.6 and 52-Week low of $17.97. The average volume stands around 5.4 million shares. The corporation holds 144.57 million outstanding shares and its 11.76 million shares were floated in the market. The company exchanged total volume of 0 shares throughout course of last trade however it holds an average trading capacity of 5.41 million shares.

Along with these its year to date performance is standing at 70.68%. Vetr lowered shares of Marvell Technology Group from a "hold" rating to a "sell" rating and set a $12.78 price target for the company.in a research note on Thursday, October 6th.

During last 3 month it remained at 22.86%. The company's 50-day moving average price is $13.15 and its 200-day moving average price is $11.62.

The Company now has ROA (Return on Assets) of 0.4 percent, Return on Equity (ROE) of 8.5 Percent and Return on Investment (ROI) of 2.3% with Gross margin of 59.5 percent and Operating & Profit margin of 5% and 0.7% respectively.

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