Marvell Posts Close to +10% Revenue Growth And A -6.7% Drag in Per Share Earnings
Marvell Technology Group Ltd. ‘s second quarter fiscal 2019 non-GAAP per-share earnings came in at 28 cents, which is -6.7% lower from the year-ago period. Excluding the semiconductor manufacturing company’s acquisition of Cavium, earnings were 35 cents per share – an increase from the year ago period.
Marvell’s revenues rose +9.9% year over year to $665 million, on the back of strong growth in networking and storage business. Looking ahead, the company expects its third-quarter fiscal 2019 revenues to be in the range of $825-$865 million, and projects Cavium’s businesses to contribute $210 million to revenues.
MRVL's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for MRVL turned positive on June 04, 2025. Looking at past instances where MRVL's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 04, 2025. You may want to consider a long position or call options on MRVL as a result. In of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
MRVL moved above its 50-day moving average on May 23, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MRVL crossed bullishly above the 50-day moving average on May 15, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MRVL advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 199 cases where MRVL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MRVL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MRVL broke above its upper Bollinger Band on June 18, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MRVL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.854) is normal, around the industry mean (9.142). P/E Ratio (0.000) is within average values for comparable stocks, (62.197). Projected Growth (PEG Ratio) (1.508) is also within normal values, averaging (2.286). MRVL has a moderately low Dividend Yield (0.003) as compared to the industry average of (0.020). P/S Ratio (10.010) is also within normal values, averaging (33.063).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a company which engages in the business of providing semiconductors to high-performance application-specific standard products
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