Analysts See $0.38 EPS for TCP Capital Corp. (TCPC); Ceva (CEVA) Sentiment Is 1.91

January 23, 2018 - By Marguerite Chambers

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 $1.06 billion. 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 56.04 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.

Analysts expect TCP Capital Corp. (NASDAQ:TCPC) to report $0.38 EPS on February, 27.They anticipate $0.07 EPS change or 15.56% from last quarter’s $0.45 EPS. TCPC’s profit would be $22.34M giving it 10.16 P/E if the $0.38 EPS is correct. After having $0.38 EPS previously, TCP Capital Corp.’s analysts see 0.00% EPS growth. It closed at $15.44 lastly. It is down 18.09% since January 23, 2017 and is uptrending. It has outperformed by 1.39% the S&P500.

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 1.02, from 2.21 in 2017Q2. It turned negative, as 12 investors sold TCP Capital Corp. shares while 30 reduced holdings. 19 funds opened positions while 31 raised stakes. 28.22 million shares or 8.37% more from 26.04 million shares in 2017Q2 were reported. Moreover, Advisory Rech Incorporated has 0.11% invested in TCP Capital Corp. (NASDAQ:TCPC) for 436,915 shares. State Street Corp invested in 0% or 22,600 shares. West Family Inc reported 49,093 shares. Greenwich Investment Incorporated has 0.25% invested in TCP Capital Corp. (NASDAQ:TCPC) for 11,875 shares. 20,459 were accumulated by Oppenheimer. Wells Fargo & Commerce Mn holds 0.02% or 4.27M shares. Da Davidson has invested 0.06% of its portfolio in TCP Capital Corp. (NASDAQ:TCPC). Sei Invests has 31,346 shares for 0% of their portfolio. Blackrock has 346,295 shares for 0% of their portfolio. 56,169 are owned by Kennedy Cap. Jane Street Grp Llc holds 0% in TCP Capital Corp. (NASDAQ:TCPC) or 17,943 shares. Legal General Grp Inc Public Ltd Company holds 0% or 170,727 shares in its portfolio. Comml Bank Of America Corporation De owns 77,639 shares or 0% of their US portfolio. Advsr Cap Management Ltd Limited Liability Company invested 0.44% of its portfolio in TCP Capital Corp. (NASDAQ:TCPC). Magnetar Ltd Liability holds 70,308 shares.

Among 6 analysts covering TCP Capital (NASDAQ:TCPC), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. TCP Capital had 14 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of TCP Capital Corp. (NASDAQ:TCPC) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, October 5. The company was maintained on Wednesday, August 10 by JMP Securities. Keefe Bruyette & Woods maintained TCP Capital Corp. (NASDAQ:TCPC) on Wednesday, May 31 with “Buy” rating. The stock of TCP Capital Corp. (NASDAQ:TCPC) has “Hold” rating given on Tuesday, March 15 by Deutsche Bank. The firm has “Hold” rating given on Wednesday, August 10 by Deutsche Bank. As per Saturday, August 22, the company rating was maintained by Deutsche Bank. Deutsche Bank upgraded TCP Capital Corp. (NASDAQ:TCPC) on Thursday, May 11 to “Buy” rating. On Wednesday, August 17 the stock rating was maintained by Citigroup with “Neutral”. The stock of TCP Capital Corp. (NASDAQ:TCPC) has “Buy” rating given on Thursday, August 3 by Oppenheimer. Oppenheimer maintained the stock with “Outperform” rating in Friday, August 7 report.

Awm Investment Company Inc. holds 6.27% of its portfolio in CEVA, Inc. for 838,277 shares. Oaktop Capital Management Ii L.P. owns 743,836 shares or 5.32% of their US portfolio. Moreover, Herald Investment Management Ltd has 4.41% invested in the company for 318,382 shares. The Illinois-based Oberweis Asset Management Inc has invested 2.77% in the stock. Ranger Investment Management L.P., a Texas-based fund reported 559,444 shares.

The stock decreased 0.57% or $0.27 during the last trading session, reaching $48.03. About 116,680 shares traded. CEVA, Inc. (CEVA) has risen 66.60% since January 23, 2017 and is uptrending. It has outperformed by 49.90% the S&P500.

Analysts await CEVA, Inc. (NASDAQ:CEVA) to report earnings on February, 7. They expect $0.13 EPS, down 48.00% or $0.12 from last year’s $0.25 per share. CEVA’s profit will be $2.86 million for 92.37 P/E if the $0.13 EPS becomes a reality. After $0.27 actual EPS reported by CEVA, Inc. for the previous quarter, Wall Street now forecasts -51.85% negative EPS growth.

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