CEVA (CEVA) Gets Cowen \u0026 Co. Civerage with $43 Target; British American Tobacco Industries P.L.C. Commo (BTI) SI Increased By 5.87%

May 17, 2018 - By Nellie Frank

British American Tobacco p.l.c. (NYSE:BTI) Logo

Cowen \u0026 Co. analyst started coverage on CEVA (NASDAQ:CEVA) with a $43 target and Outperform rating. The target means a potential upside of 29.32% from company’s stock close price.

British American Tobacco Industries P.L.C. Commo (NYSE:BTI) had an increase of 5.87% in short interest. BTI’s SI was 3.03 million shares in May as released by FINRA. Its up 5.87% from 2.86M shares previously. With 2.57 million avg volume, 1 days are for British American Tobacco Industries P.L.C. Commo (NYSE:BTI)’s short sellers to cover BTI’s short positions. The SI to British American Tobacco Industries P.L.C. Commo’s float is 0.16%. The stock decreased 0.52% or $0.27 during the last trading session, reaching $51.41. About 3.05M shares traded or 29.33% up from the average. British American Tobacco p.l.c. (NYSE:BTI) has declined 15.61% since May 17, 2017 and is downtrending. It has underperformed by 27.16% the S&P500.

British American Tobacco p.l.c. engages in the production and sale of tobacco products. The company has market cap of $106.59 billion. It provides cigarettes and cigars; snus, a low-toxicant smokeless tobacco product; and e-cigarettes and other products, such as vapor and tobacco heating products, as well as nicotine inhalers. It has a 1.99 P/E ratio. The firm offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

More notable recent CEVA, Inc. (NASDAQ:CEVA) news were published by: Profitconfidential.com which released: “CEVA Stock: Small Contrarian Chip Stock with Strong Upside” on May 14, 2018, also Seekingalpha.com with their article: “Semiconductor Stocks, ETFs: Which Best Wealth-Builders?” published on May 14, 2018, Prnewswire.com published: “CEVA, Inc. to Present at Upcoming Investor Conferences” on May 17, 2018. More interesting news about CEVA, Inc. (NASDAQ:CEVA) were released by: Seekingalpha.com and their article: “CEVA, Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 09, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Morning Market Update: Markets Open Higher; Walmart Eyes Indian Market With $16 Billion Investment In Flipkart” with publication date: May 09, 2018.

The stock increased 1.53% or $0.5 during the last trading session, reaching $33.25. About 135,252 shares traded. CEVA, Inc. (NASDAQ:CEVA) has risen 3.29% since May 17, 2017 and is uptrending. It has underperformed by 8.26% the S&P500.

Analysts await CEVA, Inc. (NASDAQ:CEVA) to report earnings on August, 2. They expect $0.09 earnings per share, down 50.00% or $0.09 from last year’s $0.18 per share. CEVA’s profit will be $2.00M for 92.36 P/E if the $0.09 EPS becomes a reality. After $-0.08 actual earnings per share reported by CEVA, Inc. for the previous quarter, Wall Street now forecasts -212.50% EPS growth.

Since March 8, 2018, it had 0 buys, and 2 selling transactions for $129,432 activity. 768 CEVA, Inc. (NASDAQ:CEVA) shares with value of $31,872 were sold by OHANA ISSACHAR.

CEVA, Inc. licenses signal processing intellectual property technologies to semiconductor companies and original equipment manufacturers (OEMs) serving the mobile, consumer, automotive, industrial, and Internet-of Things (IoT) markets worldwide. The company has market cap of $738.85 million. The firm licenses a family of programmable digital signal processor (DSP) cores and application-specific platforms for vision, imaging, and audio and voice, as well as long and short range wireless technologies, Wi-Fi, Bluetooth IPs, Serial ATA, and Serial Attached SCSI. It has a 44.33 P/E ratio. The Company’s technologies are licensed to semiconductor and OEM companies in the form of IP, which is used for the design, manufacture, market, and sale of application-specific integrated circuits and application-specific standard products to wireless, consumer electronics, and automotive companies for incorporation into a variety of end products.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.98, from 1.91 in 2017Q3. It dropped, as 22 investors sold CEVA, Inc. shares while 48 reduced holdings. 21 funds opened positions while 44 raised stakes. 18.39 million shares or 0.87% more from 18.23 million shares in 2017Q3 were reported. Brandywine Managers Ltd owns 4,777 shares for 0.06% of their portfolio. Barclays Public Ltd Com owns 3,482 shares. Granite Point Capital Management Lp holds 0.24% or 54,139 shares. Sheets Smith Wealth Management reported 0.21% stake. Congress Asset Mgmt Company Ma holds 171,625 shares or 0.12% of its portfolio. California State Teachers Retirement invested in 0% or 34,461 shares. D E Shaw & owns 0% invested in CEVA, Inc. (NASDAQ:CEVA) for 8,206 shares. Aqr Capital Lc invested 0% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). Mufg Americas stated it has 147 shares. Waddell & Reed invested 0% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). Awm Co owns 712,558 shares or 6.38% of their US portfolio. 57,339 are owned by New York State Teachers Retirement System. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 1,384 shares. Timpani Cap Ltd Company stated it has 0.59% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). Principal Finance Gp Incorporated invested in 174,067 shares.

Among 10 analysts covering Ceva (NASDAQ:CEVA), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Ceva has $5400 highest and $22 lowest target. $39.56’s average target is 18.98% above currents $33.25 stock price. Ceva had 30 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was downgraded by Oppenheimer to “Perform” on Wednesday, January 24. Canaccord Genuity maintained CEVA, Inc. (NASDAQ:CEVA) on Tuesday, October 3 with “Buy” rating. As per Tuesday, November 10, the company rating was maintained by Benchmark. Topeka Capital Markets maintained CEVA, Inc. (NASDAQ:CEVA) on Monday, November 2 with “Buy” rating. The rating was maintained by Chardan Capital Markets on Tuesday, November 3 with “Buy”. The rating was maintained by Benchmark on Wednesday, November 1 with “Buy”. The rating was initiated by Ladenburg Thalmann on Thursday, October 15 with “Neutral”. The firm has “Buy” rating by Topeka Capital Markets given on Monday, May 2. The firm has “Hold” rating given on Tuesday, November 10 by Wunderlich. The company was maintained on Monday, August 14 by Canaccord Genuity.

CEVA, Inc. (NASDAQ:CEVA) Institutional Positions Chart

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