Alert: New Earnings Report (8/4/20)-Inphi Corp (NYSE: IPHI).

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Inphi Corp (NYSE: IPHI) has reported a loss for its second fiscal quarter (ending June 30) of $-0.49 versus a loss $-0.46 for the same period a year ago. This result fell short of the consensus estimate of $0.66 by $-1.15. For the latest four quarters through June 30, E.P.S. were $-1.58 versus $-1.98 for the same period a year ago.

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Recent Price Action

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On 8/4/20, Inphi Corp (NYSE: IPHI) stock suffered a large decline of -3.1%, closing at $131.10. Moreover, exceptionally high trading volume at 204% of normal accompanied the decline. The stock has risen 6.1% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, IPHI is expected to continue to be a major Value Builder.

Inphi has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Inphi has a slightly negative Appreciation Score of 33 but a very high Power Rating of 99, resulting in the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 83343 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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