| Company name | CEVA, Inc. |
| Stock ticker | CEVA |
| Live stock price | [stckqut]CEVA[/stckqut] |
| P/E compared to competitors | Fair |
MANAGEMENT EXECUTION
| Employee productivity | Fair |
| Sales growth | Good |
| EPS growth | Good |
| P/E growth | Fair |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Good |
| Target stock price (TWCA growth scenario) | $71.15 |
| Target stock price (averages with growth) | $104.75 |
| Target stock price (averages with no growth) | $71.15 |
| Target stock price (manual assumptions) | $70.92 |
The following company description is from Google Finance: https://finance.google.com/finance?q=ceva
CEVA, Inc. (CEVA) is a licensor of signal processing intellectual property (IP). The Company partners with semiconductor companies and original equipment manufacturers (OEMs) to create connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of things (IoT). The Company operates in the segment of licensing of intellectual property to semiconductor companies and electronic equipment manufacturers. CEVA addresses the requirements of the mobile, consumer, automotive, industrial and IoT markets by designing and licensing a range of application-specific signal processing platforms, which enable the design of solutions for developing a range of applications, including communications and connectivity, audio and voice, imaging and vision, and storage.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in CEVA, Inc. as long as the indicators that I describe in my book The Confident Investor are favorable. I am adding CEVA to my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of CEVA, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $46.15
- Growth: 0.2
- Current EPS (TTM): $0.85
- P/E: 54
- Future EPS Calc: $2.11
- Future Stock Price Calc: $114.21
- Target stock price: $70.91
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I hope that this makes you a Confident Investor.