For its second fiscal quarter (ending July 31), Ambarella Inc (NASDAQ: AMBA) has reported E.P.S. of $-0.85 compared to $-0.79 a year ago. E.P.S. were $-4.32 for the latest four quarters through July 31 versus $-2.50 for the same period a year ago.
Recent Price Action
On 8/27/24, Ambarella Inc (NASDAQ: AMBA) stock enjoyed a large increase of 3.2%, closing at $52.79. Moreover, trading volume in this advance was exceptionally high at 365% of normal. The stock has risen 7.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AMBA is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Ambarella has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ambarella has a poor Power Rating of 24 and a very low Appreciation Score of 10, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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