Inphi Corporation is a Semiconductor-Analog & Mixed company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on IPHI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Inphi could be a solid choice for investors.
Current Quarter Estimates forI PHI
In the past 30 days, 4 estimates has gone higher for Inphi while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates rising from earnings of 14 cents per share 30 days ago, to earnings of 23 cents today, a move of 64.3%.
Current Year Estimates for IPHI
INPHI CORP Price and Consensus
Meanwhile, Inphi current year figures are also looking quite promising, with 4 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame with estimates rising from earnings of 53 cents per share 30 days ago, to earnings of 75 cents today, a move of 41.5%.
Bottom Line
The stock has also started to move higher lately, adding 20.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Image: Bigstock
Why Inphi (IPHI) Could Be Positioned for a Surge
Inphi Corporation is a Semiconductor-Analog & Mixed company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on IPHI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Inphi could be a solid choice for investors.
Current Quarter Estimates forI PHI
In the past 30 days, 4 estimates has gone higher for Inphi while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates rising from earnings of 14 cents per share 30 days ago, to earnings of 23 cents today, a move of 64.3%.
Current Year Estimates for IPHI
INPHI CORP Price and Consensus
INPHI CORP Price and Consensus | INPHI CORP Quote
Meanwhile, Inphi current year figures are also looking quite promising, with 4 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame with estimates rising from earnings of 53 cents per share 30 days ago, to earnings of 75 cents today, a move of 41.5%.
Bottom Line
The stock has also started to move higher lately, adding 20.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>