Ambarella, Inc. (NASDAQ:AMBA) Expected To Report Earnings On Tuesday

Ambarella Inc (NASDAQ:AMBA) opened at 58.94 on Monday. The brokerage now has an overweight rating on the stock.

Ambarella, Inc. (NASDAQ:AMBA) has 32.15 Million shares outstanding and 31.67 Million shares were floated in market. Needham & Company LLC restated a hold rating on shares of Ambarella in a research report on Sunday, December 4th.

Dougherty & Company Upgrade its coverage for Ambarella, Inc.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts mean target price for The Coca-Cola Company (NYSE:KO) is $43.79 while their mean recommendation is 2.60 (1=Buy, 5=sell).

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The stock increased 1.79% or $1.05 during the last trading session, hitting $61.00. The stock soared 42.07 percent over the last 6 months.

Ambarella Corporation has a one year low of $35.26 and a one year high of $74.95 with a PE ratio of 45.28 Ambarella Corporation's market capitalization is now $0. The company's 50-day moving average is $53.01 and its 200-day moving average is $60.16. Ambarella has a 52 week low of $35.26 and a 52 week high of $74.95.

Many analysts are providing their Estimated Earnings analysis for Ambarella, Inc. and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.74/share. The company reported $0.92 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.74 by $0.18. The firm earned $100.50 million during the quarter, compared to analysts' expectations of $97.30 million.

Ambarella, Inc. Gross Margin percentage stands at 65.3% while its Operating Margin for trailing twelve month is 17 percent and Profit margin (ttm) is 15.3 Percent. The one year target is $57.63 with two equity analysts rating the company a strong buy, 5 brokers rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally zero brokerages rating the company a sell. During the same quarter previous year, the company earned $0.64 EPS. According to 10 analysts, Price Target for Ambarella, Inc.

Future in Doubt: Katherine Heigl-Starrer Doubt Pulled from CBS Schedule
Doubt got off to a disappointing ratings start, opening to a 0.8 Live+same day rating among adults 18-49 and 5.29 million viewers. ET, with Criminal Minds: Beyond Borders taking over the time slot on March 8 following the two-hour spring premiere of Survivor .

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The stock has gotten at least five downgrades today, and several price target cuts.

Also, insider Leslie Kohn sold 5,083 shares of the business's stock in a transaction dated Friday, December 16th. A total of 1.84 million shares exchanged at hands and its average trading volume is standing at 0.96 million shares. Following the completion of the sale, the chief executive officer now owns 281,573 shares in the company, valued at approximately $15,264,072.33. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

In the transaction dated December 16, 2016, the great number of shares disposed came courtesy the CEO; Wang Feng-Ming disposed a total of 9,021 shares at an average price of $54.21, amounting to approximately $489,028. The stock was sold at an average price of $54.21, for a total transaction of $489,028.41. The disclosure for this sale can be found here. Beta value of the stock is marked at 1.51. Sumitomo Mitsui Asset Management Company LTD acquired a new stake in shares of Ambarella during the third quarter worth about $22,494,000. BlackRock Fund Advisors boosted its stake in shares of Ambarella by 7.6% in the third quarter.

It will be hectic: Celine Dion's pregnancy advice to Beyonce
And she's been throwing herself back into work and is looking forward to getting out on the road around the world later this year. She added to "Entertainment Tonight": "My oldest, 16, is not the man of the house [because] you have to have your own dreams.

And Goldman Sachs's Mark Delaney raises his rating to Buy from Neutral, writing that there is a "tactical opportunity" in the stock given what may be 49% upside from consensus estimates, on rising memory chip prices this month and next.


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