Analysts expect Inphi Co. (NYSE:IPHI) to post earnings per share (EPS) of $0.29 for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Inphi’s earnings, with estimates ranging from $0.25 to $0.30. Inphi reported earnings per share of $0.36 during the same quarter last year, which would indicate a negative year-over-year growth rate of 19.4%. The company is expected to issue its next quarterly earnings report on Tuesday, October 30th.

According to Zacks, analysts expect that Inphi will report full year earnings of $0.81 per share for the current financial year, with EPS estimates ranging from $0.69 to $0.85. For the next financial year, analysts expect that the business will post earnings of $1.66 per share, with EPS estimates ranging from $1.43 to $2.02. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Inphi.

Inphi (NYSE:IPHI) last posted its quarterly earnings data on Tuesday, July 24th. The semiconductor company reported $0.15 EPS for the quarter, topping the consensus estimate of ($0.23) by $0.38. Inphi had a negative return on equity of 3.51% and a negative net margin of 33.36%. The firm had revenue of $69.81 million for the quarter, compared to the consensus estimate of $69.28 million. During the same quarter last year, the company earned $0.35 earnings per share. The business’s revenue for the quarter was down 17.3% compared to the same quarter last year.

Several research analysts have recently commented on IPHI shares. Barclays started coverage on Inphi in a research note on Wednesday, May 30th. They issued an “overweight” rating and a $40.00 price objective on the stock. ValuEngine raised Inphi from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd. B. Riley downgraded Inphi from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $37.00 to $36.00 in a research note on Thursday, July 19th. Needham & Company LLC raised their price objective on Inphi from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, July 25th. Finally, Northland Securities set a $27.00 price objective on Inphi and gave the stock a “sell” rating in a research note on Wednesday, July 25th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $38.35.

NYSE IPHI opened at $35.10 on Thursday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 6.90 and a current ratio of 7.42. Inphi has a 52 week low of $23.65 and a 52 week high of $44.32.

In related news, VP Ron Torten sold 12,342 shares of Inphi stock in a transaction that occurred on Monday, August 27th. The stock was sold at an average price of $35.00, for a total transaction of $431,970.00. Following the sale, the vice president now owns 64,386 shares of the company’s stock, valued at approximately $2,253,510. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.40% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Epoch Investment Partners Inc. raised its stake in Inphi by 102.3% during the 1st quarter. Epoch Investment Partners Inc. now owns 1,351,636 shares of the semiconductor company’s stock valued at $40,684,000 after purchasing an additional 683,493 shares during the period. Elk Creek Partners LLC grew its holdings in Inphi by 89.2% during the 1st quarter. Elk Creek Partners LLC now owns 937,763 shares of the semiconductor company’s stock valued at $28,227,000 after buying an additional 442,240 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Inphi by 11.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 834,292 shares of the semiconductor company’s stock valued at $27,206,000 after buying an additional 82,961 shares in the last quarter. Maplelane Capital LLC grew its holdings in Inphi by 35.0% during the 1st quarter. Maplelane Capital LLC now owns 675,000 shares of the semiconductor company’s stock valued at $20,317,000 after buying an additional 174,999 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in Inphi by 40.1% during the 2nd quarter. Janus Henderson Group PLC now owns 581,966 shares of the semiconductor company’s stock valued at $18,978,000 after buying an additional 166,615 shares in the last quarter.

About Inphi

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. The company's analog and mixed signal semiconductor solutions offers high signal integrity at data speeds while reducing system power consumption.

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Earnings History and Estimates for Inphi (NYSE:IPHI)

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