CEVA, Inc. (NASDAQ:CEVA) PEG Ratio At 1.55


Market experts has given a mean price target of $36.83 to CEVA, Inc. (NASDAQ:CEVA) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.24 for the near-term quarter and $0.84 for this year.

Technical View

The technical assessment of CEVA, Inc. pinpoints that the 50-day moving average of CEVA, Inc. (NASDAQ:CEVA) stock is $31.75, and is trading $4.54 points away or +14.29% from 50-day moving average of $31.75. It is trading $9.38 or +34.86% off 200-day MA of $26.91.

The 52-week high of CEVA, Inc. (NASDAQ:CEVA) was $36.81 while $17.11 is the low point in the same period. CEVA, Inc. share price has to rise more than $-0.52 to register a high for 52-weeks or drop +112.10% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

CEVA, Inc. (NASDAQ:CEVA) P/E ratio is 75.60 while PEG ratio is at 1.55. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

CEVA, Inc. stock recorded a close of $36.29 in last trading session, which brings it market cap to $760.64M.

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