Ceva Inc (NASDAQ: CEVA) has reported E.P.S. of $-0.07 for its fourth fiscal quarter (ending December 31) versus $-0.34 for the same period a year ago. Relative to the consensus estimate of $0.11, this was a shortfall of $-0.18. For the latest four quarters through December 31, E.P.S. were $-0.37 compared to $-0.79 a year ago.
Recent Price Action
On 2/13/25, Ceva Inc (NASDAQ: CEVA) stock enjoyed a major increase of 10.2%, closing at $34.96. Moreover, unusually high trading volume at 174% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.1% during the last week.
Current PriceTarget Research Rating
Ceva has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ceva has a very low Appreciation Score of 15 but a very high Power Rating of 86, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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