The 36-month beta value for CEVA is at 1.25. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CEVA is 22.81M, and currently, shorts hold a 2.71% of that float. The average trading volume for CEVA on January 20, 2025 was 217.87K shares.
CEVA) stock’s latest price update
Ceva Inc (NASDAQ: CEVA)’s stock price has plunge by 2.55relation to previous closing price of 33.33. Nevertheless, the company has seen a 6.88% surge in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-14 that ROCKVILLE, Md., Jan. 14, 2025 /PRNewswire/ — Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, will announce results for the fourth quarter and full year 2024 on February 13, 2025 before the NASDAQ market opens.
CEVA’s Market Performance
Ceva Inc (CEVA) has seen a 6.88% rise in stock performance for the week, with a 2.80% gain in the past month and a 38.94% surge in the past quarter. The volatility ratio for the week is 2.87%, and the volatility levels for the past 30 days are at 3.78% for CEVA. The simple moving average for the past 20 days is 5.81% for CEVA’s stock, with a 43.59% simple moving average for the past 200 days.
Analysts’ Opinion of CEVA
Many brokerage firms have already submitted their reports for CEVA stocks, with ROTH MKM repeating the rating for CEVA by listing it as a “Buy.” The predicted price for CEVA in the upcoming period, according to ROTH MKM is $25 based on the research report published on August 08, 2024 of the previous year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see CEVA reach a price target of $28, previously predicting the price at $25. The rating they have provided for CEVA stocks is “Outperform” according to the report published on February 15th, 2024.
ROTH MKM gave a rating of “Neutral” to CEVA, setting the target price at $20 in the report published on August 10th of the previous year.
CEVA Trading at 11.61% from the 50-Day Moving Average
After a stumble in the market that brought CEVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.41% of loss for the given period.
Volatility was left at 3.78%, however, over the last 30 days, the volatility rate increased by 2.87%, as shares surge +6.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.59% upper at present.
During the last 5 trading sessions, CEVA rose by +6.88%, which changed the moving average for the period of 200-days by +52.05% in comparison to the 20-day moving average, which settled at $32.30. In addition, Ceva Inc saw 8.34% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CEVA starting from SILVER LOUIS, who sale 3,934 shares at the price of $20.72 back on Jun 13 ’24. After this action, SILVER LOUIS now owns 40,576 shares of Ceva Inc, valued at $81,512 using the latest closing price.
SILVER LOUIS, the Director of Ceva Inc, sale 4,730 shares at $23.19 during a trade that took place back on Mar 15 ’24, which means that SILVER LOUIS is holding 40,576 shares at $109,689 based on the most recent closing price.
Stock Fundamentals for CEVA
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.88 for the gross margin
The net margin for Ceva Inc stands at -0.03. The total capital return value is set at -0.04. Equity return is now at value -5.80, with -5.04 for asset returns.
Based on Ceva Inc (CEVA), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -8.23.
Currently, EBITDA for the company is -8.58 million with net debt to EBITDA at 1.25. When we switch over and look at the enterprise to sales, we see a ratio of 7.85. The receivables turnover for the company is 2.64for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.60.
Conclusion
In conclusion, Ceva Inc (CEVA) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
