Ceva Inc [CEVA] stock is trading at $18.83, down -6.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The CEVA shares have lost -31.00% over the last week, with a monthly amount drifted -31.38%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ceva Inc [NASDAQ: CEVA] stock has seen the most recent analyst activity on August 08, 2024, when ROTH MKM upgraded its rating to a Buy and also boosted its price target to $25 from $20. Previously, TD Cowen reaffirmed its Outperform rating on February 15, 2024, and elevated its price target to $28. On August 10, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $20 on the stock. Rosenblatt upgraded its rating to a Buy and increased its price target to $60 on February 16, 2022. Rosenblatt initiated its recommendation with a Neutral and recommended $50 as its price target on June 23, 2021. Northland Capital upgraded its rating to Outperform for this stock on May 11, 2021, and downed its price target to $58. In a note dated May 11, 2021, Cowen reiterated an Outperform rating on this stock and revised its target price from $88 to $70.
Ceva Inc [CEVA] stock has fluctuated between $18.31 and $38.94 over the past year. Ceva Inc [NASDAQ: CEVA] shares were valued at $18.83 at the most recent close of the market.
Analyzing the CEVA fundamentals
Ceva Inc [NASDAQ:CEVA] reported sales of 107.53M for the trailing twelve months, which represents a growth of 4.33%. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.38 points at the first support level, and at 17.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.31, and for the 2nd resistance point, it is at 19.79.
Ratios To Look Out For
For context, Ceva Inc’s Current Ratio is 8.68. On the other hand, the Quick Ratio is 8.68, and the Cash Ratio is 1.19. Considering the valuation of this stock, the price to sales ratio is 4.21, the price to book ratio is 1.68.
Transactions by insiders
Recent insider trading involved SILVER LOUIS, Director, that happened on Mar 14 ’25 when 4520.0 shares were sold. Director, SILVER LOUIS completed a deal on Mar 14 ’25 to buy 4520.0 shares.
