Inphi stock: buy or sell?
September 20th, 2019
Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide.
Should I buy Inphi stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Inphi stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Inphi stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 15 ratings published for IPHI stock in the last month. The general sentiment of these ratings is bullish for IPHI stock, with 13 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-20||Bank of America||n/a||Buy|
|2019-8-2||Morgan Stanley||n/a||Equal Weight|
|2019-5-6||Bank of America||Underperform||Buy|
|2019-5-1||JPMorgan Chase & Co.||Overweight||Buy|
|2019-1-30||Needham & Company LLC||In-Line||Buy|
Inphi stock analysis
Inphi closed today at $63.46 and escalated a nice 1.73%.
Inphi ended today at $63.46 and escalated a nice 1.73%. Since price and SMA100d lines crossed up on May, IPHI climbed $20.93 (49.21%). On August 8th, IPHI hit a new all time high, pushing higher than on Aug 7th tops. Check different trading setups that use ATHs as triggers.
Inphi shares gained 1.31% this week, ending at $63.46.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $66.56 resistance. Not so far away is the last price record Inphi marked early August. Since early January when IPHI stock price broke up the SMA40w line, it gained $32.62 (105.77%). Since mid February when SMA10w and SMA20w crossed up, IPHI price gained $21.64 per share (51.75%).
Inphi stock price history
Inphi stock went public on November 12th, 2010 with a price of $15.451. Since then, IPHI stock surged a 310.70%, with an average of 38.80% per year. If you had invested right after IPHI's IPO a $1,000 in Inphi stock in 2010, it would worth $3,107.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Inphi stock historical price chart
IPHI stock reached all-time highs on August/8 with a price of $66.56.
Inphi stock price target is $60.10Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 14 price predictions for IPHI stock posted in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-20||Bank of America||Upgrades||$75.00||$80.00||6.7%|
|2019-8-2||Morgan Stanley||Raises Target||$45.00||$60.00||33.3%|
|2019-8-2||Craig Hallum||Raises Target||$62.00||$70.00||12.9%|
|2019-8-2||B. Riley||Raises Target||$45.00||$51.00||13.3%|
|2019-5-1||JPMorgan Chase & Co.||Raises Target||$46.00||$55.00||19.6%|
|2019-3-6||Deutsche Bank||Raises Target||$45.00||$50.00||11.1%|
|2019-1-30||Needham & Company LLC||Raises Target||n/a||$46.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last April, when Inphi published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a chilling decrease of -15.43% to $294.49 M dollars. Aligned with this, its profit margin (compared to revenues) plunged to -32.51%, that is $-95.75 million. To have an updated view of the financial situation of Inphi, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Inphi TTM sales up to March 2019 were $316.58 and income was $-95.51 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Inphi business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, jumped an excellent 7.50%. Regarding profit margin, Inphi grew 2.35% to -32.51%
|2013||$103 M||-||$-13.18 M-12.8%||-|
|2014||$156 M||52.10%||$-22.61 M-14.5%||71.53%|
|2015||$247 M||57.94%||$-13.55 M-5.5%||-40.06%|
|2016||$266 M||7.97%||$99 M37.4%||-833.94%|
|2017||$348 M||30.77%||$-74.90 M-21.5%||-175.31%|
|2018||$294 M||-15.43%||$-95.75 M-32.5%||27.83%|
|TTM||$317 M||7.50%||$-95.51 M-30.2%||-0.26%|
Quarterly financial resultsInphi posted $82.22 M in sales for 2019-Q1, a -4.98% decline compared to previous quarter. Reported quarter earnings marked $-22.75 million with a profit margin of -27.66%. Profit margin declined a -2.66% compared to previous quarter when profit margin was -25.00%. When comparing turnover to same quarter last year, Inphi sales marked an outstanding gain and boosted a 36.73%.
|2017-Q2||$84 M||-||$-14.97 M-17.7%||-|
|2017-Q3||$85 M||0.11%||$-48.77 M-57.7%||225.78%|
|2017-Q4||$86 M||1.39%||$0.10 M0.1%||-100.21%|
|2018-Q1||$60 M||-29.82%||$-22.99 M-38.2%||-22,640.20%|
|2018-Q2||$70 M||16.09%||$-28.46 M-40.8%||23.80%|
|2018-Q3||$78 M||11.74%||$-22.67 M-29.1%||-20.37%|
|2018-Q4||$87 M||10.92%||$-21.63 M-25.0%||-4.56%|
|2019-Q1||$82 M||-4.98%||$-22.75 M-27.7%||5.15%|
Inphi ownershipWhen you are planning to buy a company, it's always worth to review its ownership structure.
Inphi shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.01% of all shares.
Bearish positions for IPHI stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$2.9 B||$42.6 B||$212.3 B||$1.5 B||$54.6 B|
|Total shares||45.4 M||369.4 M||4,280.0 M||66.1 M||1,110.0 M|
|Float shares||44.7 M||367.9 M||4,240.0 M||45.8 M||1,100.0 M|
|- Institutional holdings (%)||118.0%||92.5%||77.3%||78.8%||80.1%|
|- Insider holdings (%)||2.0%||0.3%||0.1%||30.7%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$62.30 - $64.75|
|Average true range||$2.22|
|50d mov avg||$62.03|
|100d mov avg||$55.02|
|200d mov avg||$47.48|
Inphi performanceTo better understand Inphi performance you must becnhmark its gains with other related stocks in same sector or industry. For Inphi, the comparison is made against Analog Devices, Cisco Systems, MACOM Technology Solutions, Micron Technology, Semtech and Texas Instruments.
|MTSIMACOM Technology ...||54.12%||24.87%||4.81%|