EPS for Ambarella Inc (AMBA) Expected At $0.34

November 14, 2017 - By reb123z

 EPS for Ambarella Inc (AMBA) Expected At $0.34
Investors sentiment decreased to 0.92 in 2017 Q2. Its down 0.40, from 1.32 in 2017Q1. It is negative, as 40 investors sold Ambarella Inc shares while 51 reduced holdings. 18 funds opened positions while 66 raised stakes. 18.32 million shares or 3.87% more from 17.64 million shares in 2017Q1 were reported.
Guggenheim Cap Ltd Llc has invested 0% in Ambarella Inc (NASDAQ:AMBA). 220,071 were reported by Goldman Sachs Gru. State Board Of Administration Of Florida Retirement owns 22,240 shares. Oak Associate Ltd Oh holds 0.09% or 24,070 shares in its portfolio. 48,288 are owned by Credit Suisse Ag. 100 are held by Reilly Financial Advsr Llc. Glob X Mgmt Ltd Liability Corp has invested 0.02% in Ambarella Inc (NASDAQ:AMBA). Moreover, California State Teachers Retirement Sys has 0.01% invested in Ambarella Inc (NASDAQ:AMBA). Rice Hall James Ltd Llc has 412,670 shares. D E Shaw & stated it has 0.01% of its portfolio in Ambarella Inc (NASDAQ:AMBA). Winslow Evans Crocker Inc owns 250 shares or 0% of their US portfolio. Legal And General Gp Plc holds 0% in Ambarella Inc (NASDAQ:AMBA) or 11,127 shares. Rhumbline Advisers reported 39,465 shares stake. Brown Advisory reported 6,765 shares or 0% of all its holdings. Lockheed Martin Management holds 0.06% in Ambarella Inc (NASDAQ:AMBA) or 21,600 shares.

Since June 1, 2017, it had 0 insider purchases, and 5 sales for $1.23 million activity. 11,628 shares were sold by Wang Feng-Ming, worth $567,098. The insider PAISLEY CHRISTOPHER B sold 1,000 shares worth $58,720. On Friday, June 16 Day Christopher sold $74,423 worth of Ambarella Inc (NASDAQ:AMBA) or 1,526 shares. Another trade for 4,836 shares valued at $235,852 was made by Laplante George on Friday, June 16.

Wall Street await Ambarella Inc (NASDAQ:AMBA) to release earnings on November, 30 after the close. Analysts forecast EPS of $0.34, down exactly $0.50 or 59.52 % from 2014’s $0.84 EPS. The expected AMBA’s profit could reach $11.32 million giving the stock 40.21 P/E in the case that $0.34 earnings per share is reported. After posting $0.10 EPS for the previous quarter, Ambarella Inc’s analysts now forecast 240.00 % EPS growth. The stock decreased 1.14% or $0.63 during the last trading session, reaching $54.68. About 674,357 shares traded. Ambarella Inc (NASDAQ:AMBA) has risen 67.32% since November 15, 2016 and is uptrending. It has outperformed by 50.62% the S&P500.

Ambarella Inc (NASDAQ:AMBA) Ratings Coverage

Among 21 analysts covering Ambarella Corporation (NASDAQ:AMBA), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Ambarella Corporation had 65 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, September 3 by Pacific Crest. Topeka Capital Markets maintained it with “Buy” rating and $75 target in Friday, December 4 report. Craig Hallum downgraded Ambarella Inc (NASDAQ:AMBA) on Friday, September 1 to “Hold” rating. Chardan Capital Markets maintained Ambarella Inc (NASDAQ:AMBA) on Monday, March 7 with “Neutral” rating. The company was maintained on Friday, December 2 by Stifel Nicolaus. Dougherty & Company upgraded it to “Buy” rating and $75 target in Wednesday, March 1 report. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Tuesday, September 29 report. The stock has “Outperform” rating by FBN Securities on Friday, December 4. The stock of Ambarella Inc (NASDAQ:AMBA) has “Outperform” rating given on Wednesday, September 2 by FBN Securities. The stock has “Buy” rating by Pacific Crest on Wednesday, August 26.

Ambarella, Inc. offers semiconductor processing solutions for video that enable high-definition , video capture, sharing and display. The company has market cap of $1.82 billion. The Firm operates through the development and sale of low-power, high-definition video products segment. It has a 35.52 P/E ratio. The Company’s system-on-a-chip creates incorporate HD video processing, image processing, audio processing and system functions onto a single chip.

More news for Ambarella Inc (NASDAQ:AMBA) were recently published by: Investorplace.com, which released: “3 Reasons Why Ambarella Inc (AMBA) Stock Is a Great Buy” on October 17, 2017. Globenewswire.com‘s article titled: “Ambarella Announces Q3 FY 2018 Earnings Conference Call to be Held Nov. 30” and published on October 30, 2017 is yet another important article.

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