Wall Street brokerages expect Inphi Co. (NYSE:IPHI) to post earnings of $0.28 per share for the current quarter, according to Zacks. Six analysts have issued estimates for Inphi’s earnings, with the lowest EPS estimate coming in at $0.27 and the highest estimate coming in at $0.28. Inphi reported earnings per share of ($0.05) in the same quarter last year, which suggests a positive year-over-year growth rate of 660%. The business is scheduled to report its next quarterly earnings results on Tuesday, April 23rd.

On average, analysts expect that Inphi will report full year earnings of $1.62 per share for the current financial year, with EPS estimates ranging from $1.50 to $1.70. For the next fiscal year, analysts expect that the company will post earnings of $2.18 per share, with EPS estimates ranging from $1.96 to $2.40. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Inphi.

Inphi (NYSE:IPHI) last released its earnings results on Tuesday, January 29th. The semiconductor company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.42 by $0.03. Inphi had a negative net margin of 32.51% and a negative return on equity of 5.36%. The business had revenue of $86.53 million during the quarter, compared to analyst estimates of $86.64 million.

Several analysts recently commented on the stock. Zacks Investment Research lowered shares of Inphi from a “hold” rating to a “sell” rating in a research note on Tuesday, October 23rd. Citigroup restated a “buy” rating and set a $45.00 price target on shares of Inphi in a report on Wednesday, January 30th. Craig Hallum boosted their price target on shares of Inphi from $40.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, January 30th. Needham & Company LLC boosted their price target on shares of Inphi to $46.00 and gave the company a “buy” rating in a report on Wednesday, January 30th. Finally, ValuEngine upgraded shares of Inphi from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 22nd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $40.59.

IPHI stock traded up $0.82 on Monday, hitting $39.92. 36,634 shares of the company’s stock traded hands, compared to its average volume of 780,332. Inphi has a 1-year low of $24.13 and a 1-year high of $42.34. The firm has a market cap of $1.73 billion, a PE ratio of -69.91, a P/E/G ratio of 11.94 and a beta of 1.59. The company has a debt-to-equity ratio of 1.17, a current ratio of 9.27 and a quick ratio of 8.62.

In other Inphi news, Director Sam Srinivasan sold 3,214 shares of the company’s stock in a transaction that occurred on Monday, November 26th. The shares were sold at an average price of $39.10, for a total value of $125,667.40. Following the transaction, the director now owns 20,795 shares in the company, valued at approximately $813,084.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Diosdado P. Banatao sold 29,656 shares of the company’s stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $39.60, for a total transaction of $1,174,377.60. The disclosure for this sale can be found here. Insiders have sold 33,249 shares of company stock worth $1,313,430 in the last 90 days. 3.40% of the stock is owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Inphi by 28.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,023 shares of the semiconductor company’s stock worth $97,000 after buying an additional 666 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Inphi by 186.4% in the third quarter. PNC Financial Services Group Inc. now owns 2,801 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 1,823 shares during the period. Teachers Advisors LLC boosted its position in shares of Inphi by 2.3% in the third quarter. Teachers Advisors LLC now owns 83,064 shares of the semiconductor company’s stock valued at $3,155,000 after acquiring an additional 1,838 shares during the period. Swiss National Bank boosted its position in shares of Inphi by 3.3% in the third quarter. Swiss National Bank now owns 68,600 shares of the semiconductor company’s stock valued at $2,605,000 after acquiring an additional 2,200 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of Inphi by 13.0% in the third quarter. First Trust Advisors LP now owns 21,629 shares of the semiconductor company’s stock valued at $821,000 after acquiring an additional 2,483 shares during the period.

Inphi Company Profile

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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