Ambarella Inc (NASDAQ: AMBA) has reported E.P.S. of $-1.50 for its fourth fiscal quarter (ending January 31) versus $-0.29 for the same period a year ago. Relative to the consensus estimate of $-0.33, this was a shortfall of $-1.17. For the latest four quarters through January 31, E.P.S. were $-4.25 compared to $-1.70 a year ago.
Recent Price Action
On 2/27/24, Ambarella Inc (NASDAQ: AMBA) stock enjoyed a large increase of 2.0%, closing at $57.96. Moreover, trading volume in this advance was unusually high at 151% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 8.6% during the last week.
Current PriceTarget Research Rating
AMBA’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Ambarella has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ambarella has a poor Power Rating of 28 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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