CEVA Inc

Company Profile

CEVA Inc had its IPO on 2000-05-19 under the ticker symbol CEVA.

The company operates in the Technology sector and Semiconductors industry. CEVA Inc has a staff strength of 497 employees.

Stock update

Shares of CEVA Inc opened at $21.37 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $20.91 - $21.73, and closed at $21.38.

This is a -0.47% slip from the previous day's closing price.

A total volume of 201,045 shares were traded at the close of the day’s session.

In the last one week, shares of CEVA Inc have slipped by -8.63%.

CEVA Inc's Key Ratios

CEVA Inc has a market cap of $565.73 million, indicating a price to book ratio of 2.5035 and a price to sales ratio of 4.8499.

In the last 12-months CEVA Inc’s revenue was $128.99 million with a gross profit of $107.60 million and an EBITDA of $-81000. The EBITDA ratio measures CEVA Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CEVA Inc’s operating margin was -5.52% while its return on assets stood at -1.38% with a return of equity of -9.8%.

In Q1, CEVA Inc’s quarterly earnings growth was a negative -52.6% while revenue growth was a negative 16.4%.

CEVA Inc’s PE and PEG Ratio

Forward PE

47.8469

Trailing PE

0

PEG

2.0029

Its diluted EPS in the last 12-months stands at $-1.14 per share while it has a forward price to earnings multiple of 47.8469 and a PEG multiple of 2.0029. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CEVA Inc’s profitability.

CEVA Inc stock is trading at a EV to sales ratio of 3.7141 and a EV to EBITDA ratio of 41.9968. Its price to sales ratio in the trailing 12-months stood at 4.8499.

CEVA Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$311.13 million

Total Liabilities

$35.04 million

Operating Cash Flow

$6.54 million

Capital Expenditure

$105000

Dividend Payout Ratio

0%

CEVA Inc ended 2024 with $311.13 million in total assets and $0 in total liabilities. Its intangible assets were valued at $311.13 million while shareholder equity stood at $259.87 million.

CEVA Inc ended 2024 with $0 in deferred long-term liabilities, $35.04 million in other current liabilities, 23000.00 in common stock, $27.29 million in retained earnings and $74.78 million in goodwill. Its cash balance stood at $24.48 million and cash and short-term investments were $136.79 million. The company’s total short-term debt was $2,858,000 while long-term debt stood at $0.

CEVA Inc’s total current assets stands at $180.56 million while long-term investments were $8.47 million and short-term investments were $112.31 million. Its net receivables were $35.01 million compared to accounts payable of $1.82 million and inventory worth $0.

In 2024, CEVA Inc's operating cash flow was $6.54 million while its capital expenditure stood at $105000.

Comparatively, CEVA Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$21.38

52-Week High

$39.2

52-Week Low

$20.52

Analyst Target Price

$32.86

CEVA Inc stock is currently trading at $21.38 per share. It touched a 52-week high of $39.2 and a 52-week low of $39.2. Analysts tracking the stock have a 12-month average target price of $32.86.

Its 50-day moving average was $24 and 200-day moving average was $27.01 The short ratio stood at 2.97 indicating a short percent outstanding of 0%.

Around 279.3% of the company’s stock are held by insiders while 8910.6% are held by institutions.