From Financial Modeling Prep: 2024-11-28 16:00:03

Marvell Technology (NASDAQ: MRVL) is gearing up to announce its quarterly earnings, with an estimated EPS of $0.41 and projected revenue of $1.46 billion. Despite a negative P/E ratio of -80.75, Marvell maintains financial stability with a low debt-to-equity ratio of 0.29 and a current ratio of 1.79.

Known for its innovative data infrastructure technology, Marvell Technology competes with tech giants like Intel and Broadcom. The stability in the consensus EPS estimate for the upcoming earnings release on December 3, 2024, indicates analysts’ confidence. Historical data highlights the impact of earnings estimates on stock price movements, making them crucial for investors.

Marvell’s financial ratios offer insights into its market position. With a negative P/E TTM ratio of -80.75, the company is experiencing losses. However, the price-to-sales ratio of 14.78 and enterprise value to sales ratio of 15.46 suggest investor confidence in Marvell’s sales performance. Despite a negative earnings yield of -1.24%, Marvell maintains a conservative debt-to-equity ratio of 0.29 and a current ratio of 1.79, showcasing financial stability.



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