Can NVE Beat These Numbers?
Jul 13th 2012 12:31PM
Updated Jul 13th 2012 12:40PM
NVE (NAS: NVEC) is expected to report Q1 earnings on July 18. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict NVE's revenues will shrink -4.1% and EPS will decrease -8.6%.
The average estimate for revenue is $7.9 million. On the bottom line, the average EPS estimate is $0.64.
Last quarter, NVE logged revenue of $7.6 million. GAAP reported sales were 7.0% lower than the prior-year quarter's $8.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.63. GAAP EPS of $0.63 for Q4 were 17% lower than the prior-year quarter's $0.76 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 70.1%, 240 basis points better than the prior-year quarter. Operating margin was 51.5%, 570 basis points worse than the prior-year quarter. Net margin was 40.7%, 410 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $32.0 million. The average EPS estimate is $2.63.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 286 members out of 381 rating the stock outperform, and 95 members rating it underperform. Among 103 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give NVE a green thumbs-up, and 50 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NVE is buy, with an average price target of $58.00.
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The article Can NVE Beat These Numbers? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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