Inphi Corporation (IPHI) Stock: A Technology Stock That’s Seeing Strong Gains

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Inphi Corporation (IPHI) is gaining in the market in today’s trading session. The stock, one that is focused in the tech space, is currently priced at $70.95 after a move up of 19.36% so far today. As it relates to technology companies, there are several aspects that have the potential to lead to gains in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines relating to IPHI:

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Oct-30-19 04:40PM Edited Transcript of IPHI earnings conference call or presentation 29-Oct-19 8:30pm GMT
12:24PM Chipmaker Inphi Rockets To Record High On Positive Earnings Report
10:46AM NXP Semiconductors (NXPI) Surges: Stock Moves 5.3% Higher
07:58AM Dow Jones Futures: Apple Earnings In Focus After Stock Market Hits Resistance; AMD Leads 4 Chip Earnings
Oct-29-19 06:35PM Inphi (IPHI) Surpasses Q3 Earnings and Revenue Estimates

However, when making a decision with regard to investing, prospective investors should look into much more than news, especially in the ever changing technology sector. Here’s what’s happening with Inphi Corporation.

Recent Trends From IPHI

Although a move toward the top in a single session, like the gain that we’re seeing from Inphi Corporation may make some investors jump for joy, a single session gain by itself should not be the basis of a decision to, or not to, invest in a stock. It’s generally a good idea to take a look at trends experienced by the stock for a period longer than a single trading session. When it comes to IPHI, here are the movements that we have seen:

  • Past 5 Trading Sessions – Throughout the last week, IPHI has produced a change in price in the amount of 20.07%.
  • Monthly – The return on investment from Inphi Corporation over the past 30 days has been 17.78%.
  • Past Three Months – In the last 3 months, the company has produced a return that comes to 17.78%
  • Past 6 Months – Throughout the past six months, we’ve seen a change that amounts to 42.13% from the stock.
  • YTD – Since the the first trading session of this year IPHI has produced a return of 120.68%.
  • Full Year – Finally, throughout the last full year, we’ve seen movement in the amount of 128.72% out of IPHI. In this period of time, the stock has sold at a high of 6.60% and a low of 140.02%.

Rations That Investors Should Think About

Looking at a few key ratios having to do with a company can provide traders a look of just how risky and/or rewarding a an investment option may be. Below are a few of the most important ratios to think about when digging into IPHI.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the amount of short interest. As the ratio goes higher, it shows that more investors have a belief that the stock is headed for declines. Throughout the sector, strong technology stocks tend to carry a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, in relation to Inphi Corporation, it’s short ratio amounts to 5.50.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure If a company is able to pay its debts when they come due based on quick assets or current assets. In the tech sector, companies are reliant on continued support from investors as they work to bring new technologies to market, the current and quick ratios can seem upsetting. Nonetheless, quite a few better companies in the technology industry come with good current and quick ratios. In terms of IPHI, the quick and current ratios come to 7.10 and 7.70 respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets owned by the company. when it comes to Inphi Corporation, that ratio is 7.60.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of shares. When it comes to IPHI, the cash to share value works out to 9.10.

Is Big Money Interested In Inphi Corporation

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in IPHI, here’s what we’re seeing:

Institutions own 0 of the company. Institutional interest has moved by 0.63% over the past three months. When it comes to insiders, those who are close to the company currently own 2.50% percent of IPHI shares. Institutions have seen ownership changes of an accumulative -7.96% over the last three months.

Analyst Opinions Of Inphi Corporation

Although it’s not a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their analysis when validating your own opinions before making investment decisions in the tech space. Below are the most recent moves that we have seen from analysts with regard to IPHI.

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Oct-30-19 Reiterated Needham Buy $65 → $72
May-06-19 Upgrade BofA/Merrill Underperform → Buy
May-01-19 Reiterated Needham Buy $40 → $54
Jan-28-19 Upgrade DA Davidson Neutral → Buy
Jan-11-19 Initiated Citigroup Buy $40

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $2.04. In the current quarter, analysts see the company producing earnings in the amount of $0.37. Over the last 5 years, IPHI has generated revenue in the amount of $23.50% with earnings coming in at -37.40%. On a quarter over quarter basis, earnings have seen movement of 30.20% and revenue has seen movement of 23.60%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 45.42M shares of Inphi Corporation outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, IPHI has a float of 44.55M.

I also like to follow the short float. Think about it, when a high percentage of the float is sold short, the overall feeling among investors is that the company is going to fall. With regard to IPHI, the percentage of the float that is currently being sold short sits at 11.85%. Most investors would say that a concerning short percent of the float is any percentage over 40%. Through my work, I have found that anything over 26% is generally a play that comes with hefty risk.

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