Financial Survey: Ceva (CEVA) & Its Competitors

Ceva (NASDAQ:CEVA) is one of 221 public companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it contrast to its competitors? We will compare Ceva to similar businesses based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, earnings, valuation and risk.

Volatility and Risk

Ceva has a beta of 1.98, indicating that its stock price is 98% more volatile than the S&P 500. Comparatively, Ceva’s competitors have a beta of 2.80, indicating that their average stock price is 180% more volatile than the S&P 500.

Insider and Institutional Ownership

85.4% of Ceva shares are held by institutional investors. Comparatively, 54.7% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by institutional investors. 3.1% of Ceva shares are held by insiders. Comparatively, 11.8% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings for Ceva and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ceva	1	1	8	1	2.82
Ceva Competitors	3513	12382	25827	1003	2.57

Ceva currently has a consensus price target of $36.33, indicating a potential upside of 34.87%. As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 36.34%. Given Ceva’s competitors higher possible upside, analysts plainly believe Ceva has less favorable growth aspects than its competitors.

Profitability

This table compares Ceva and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ceva	-9.25%	-2.70%	-2.35%
Ceva Competitors	-1,255.44%	-126.13%	-3.87%

Earnings & Valuation

This table compares Ceva and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Ceva	$116.41 million	-$10.64 million	-70.89
Ceva Competitors	$9.73 billion	$2.51 billion	8.84

Ceva’s competitors have higher revenue and earnings than Ceva. Ceva is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Ceva beats its competitors on 7 of the 13 factors compared.

About Ceva

CEVA, Inc. develops and licenses semiconductor intellectual property and software for connected and intelligent devices. Rather than manufacturing chips, the company provides technology that semiconductor companies and other customers can incorporate into their own products. Its portfolio includes digital signal processors and platforms for wireless connectivity, including cellular, Wi-Fi, Bluetooth and ultra-wideband, as well as technologies for audio, imaging, computer vision, sensor processing and edge artificial intelligence.