Inphi Corporation (IPHI) Earning Somewhat Positive News Coverage, Analysis Finds

Headlines about Inphi Corporation (NYSE:IPHI) have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Inphi Corporation earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 45.8655832258868 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have effected Accern’s analysis:

Shares of Inphi Corporation (IPHI) traded up 0.77% on Tuesday, reaching $36.53. The company’s stock had a trading volume of 880,571 shares. The stock has a market capitalization of $1.54 billion, a PE ratio of 21.84 and a beta of 1.19. Inphi Corporation has a 1-year low of $33.00 and a 1-year high of $51.78. The stock has a 50-day moving average of $38.62 and a 200 day moving average of $38.99.

Inphi Corporation (NYSE:IPHI) last released its earnings results on Monday, August 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. The company had revenue of $84.40 million during the quarter, compared to the consensus estimate of $84.00 million. Inphi Corporation had a net margin of 21.98% and a return on equity of 9.77%. The company’s revenue was up 39.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 EPS. On average, equities analysts forecast that Inphi Corporation will post $1.52 EPS for the current year.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research raised Inphi Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. DA Davidson assumed coverage on Inphi Corporation in a research note on Monday. They issued a “neutral” rating and a $40.00 target price on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $41.00 target price on shares of Inphi Corporation in a research note on Wednesday, June 28th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $50.00 target price (down previously from $53.00) on shares of Inphi Corporation in a research note on Wednesday, August 9th. Finally, Northland Securities reaffirmed a “hold” rating and issued a $33.00 target price on shares of Inphi Corporation in a research note on Friday, September 15th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $43.46.

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Inphi Corporation Company Profile

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters.

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