Mellanox Technologies, Ltd. (NASDAQ:MLNX) plunged -1.16% or -0.60 points during previous trade after opening at the price of $51.30, a total of 1.00M shares exchanged hands compared with its average trading volume of 471,792.00 shares. The stock has a market capitalization of $2.50B and it has 47.65M outstanding shares.
According to consensus agreement of 11 analysts Mellanox Technologies, Ltd. (NASDAQ:MLNX) will report earnings per share of $0.83 in their quarterly report and it is expected to announce the company’s results on 7/20/2016 BMO. For the current quarter the company has highest EPS estimates of $0.89 and low forecast is $0.8. However a year ago for the same quarter the company has reported $0.75 earnings per share.
If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 3/2016, the consensus mean EPS was $0.46 while the company reported $0.42 EPS on 4/20/2016 BMO with a difference of -0.04 marking a surprise factor of 8.70%.
Previously for the quarter ended on 12/2015, Mellanox Technologies, Ltd. (NASDAQ:MLNX)’s expected mean EPS was $0.42, the company reported its quarterly earnings per share of $0.50 on 1/27/2016 BMO, beating the analysts’ consensus estimate by 0.08 with surprise factor of 19.05%.
Mellanox Technologies, Ltd. (NASDAQ:MLNX)’s mean EPS estimate was $0.43 for the quarter ended on 9/2015, while it reported EPS of $0.48 on 10/21/2015 BMO, beating the analysts’ consensus estimate by 0.05 with surprise factor of 11.63%.
Back on 7/22/2015 the company’s estimated EPS value was $0.33 and it reported $0.47 earnings per share (EPS) for the quarter ended on 6/2015. The company posted a positive surprise factor of 42.42% by 0.14.
Mellanox Technologies, Ltd. (NASDAQ:MLNX)’s average EPS forecast for the current year is $3.56 according to 11 analysts making projections. The most expectant earnings per share estimate of the stock is set at $3.72 while the conservative estimates kept at $3.39 over the current year. Having a look at the historical EPS report, the company attained $2.89 EPS for the previous year. While revenue estimates for the current year is 871.63M, setting the highest revenues estimates of 890M and indicating lowest revenues at 858.8M according to agreement of 11 number of analysts. Current revenue movements show that, the company has set average revenue estimates of 212.9M covering forecast of 11 analysts. The company indicates a peak revenue level of 215M and 212M at bottom level.
Having a glance at growth estimates of the company, it has current quarter growth estimates of 10.70% whereas for next quarter it has 24.00% estimations over growth. Its forecasts over growth are 23.20% during current year while analysts’ growth estimation for the next year is 17.40%. Past 5 years growth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) observed at 12.79%, and for the next five years the analysts that follow this company are expecting its growth at 17.50%.
Mellanox Technologies, Ltd. (NASDAQ:MLNX) reached at $51.30 price level during last trade its distance from 20 days simple moving average is 5.49%, and its distance from 50 days simple moving average is 9.54% while it has a distance of 10.83% from the 200 days simple moving average. On year trading price range hit the peak level of $55.80 and touched the lowest level of $32.24 and its distance from 52 week high is -8.06% and current price is above +59.12% from 52 week low.