Analysts’ Views On Ambarella Inc. (AMBA)

Ambarella Inc. (NASDAQ:AMBA) finished Friday with a subtraction of -$3.51 to close at $173.35, a downside of -1.98 percent. An average of 614,980 shares of common stock have been traded in the last five days. There was a gain of $6.27 in the past week, and it reached a new high 46 times over the past 12 months. The last 20 days have seen an average of 608,320 shares traded, while the 50-day average volume stands at 762,316.

AMBA stock has increased by 2.75% in the last month. The company shares reached their 1-month lowest point of $146.50 on 10/06/21. With the stock rallying to its 52-week high on 10/22/21, shares of the company touched a low of $53.52 and a high of $177.98 in 52 weeks. It has reached a new high 29 times so far this year and achieved 88.79% or $81.53 in price. In spite of this, the price is down -2.60% from the 52-week high.


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Insider Transactions

31 days have passed since Ambarella Inc. (AMBA) last reported insider trading activity. Hu Chenming, who is Director, most recently acquired $3,666 shares at $160.00 per share on Sep 22. In this transaction, the insider spent $586,560. Director, Hu Chenming, disposed of 4,000 shares at a price of $140.00 on Sep 09. The insider now owns more than $560,000 worth of shares. Prior to that, CFO EICHLER KEVIN C went on to Sale 10,000 shares at $133.30 each on Sep 03. An amount of $1,333,036 was transacted.

Valuation Metrics

Ambarella Inc. (AMBA) has a trailing price-to-earnings (P/E) ratio of 31.10 for the broader industry and 38.99 for the sector. In the last five years, Ambarella Inc.’s PE ratio has ranged between 302.28 and 26.36. The stock’s beta is 1.06. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 23.80, the price-to-book (PB) ratio at 12.56, and the price-to-cash flow ratio at 208.93.

The quick ratio of Ambarella Inc. for the three months ended July 30 was 5.80, and the current ratio was 6.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending July 30. Ambarella Inc.’s EBITDA margin for the year ending July 30 is -22.06%, while its operating margin for the same period stands at -17.40%. Its gross profit as reported stood at $135.57 million compared to revenue of $222.99 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Ambarella Inc.’s return on assets was -8.20%. For the broader industry, ROE averaged -0.25 over the past year.

Earnings Surprise

For the three-month period that ended July 30, Ambarella Inc. had $190.76 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$7.16 million in the quarter, while revenues were shrunk -106.15%. The analyst consensus anticipated Ambarella Inc.’s latest quarter earnings to come in at $0.25 per share, but it turned out to be $0.35, a 40.00% surprise. For the quarter, EBITDA amounted to -$2.6 million. Shareholders own equity worth $36.66 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Ambarella Inc. (AMBA) price momentum. RSI 9-day as of the close on 22 October was 68.73%, suggesting the stock is Neutral, with historical volatility in this time frame at 46.13%.

As of today, AMBA’s price is $172.31 +3.75% or $6.27 from its 5-day moving average. AMBA is currently trading +6.42% higher than its 20-day SMA and +73.96% higher than its 100-day SMA. However, the stock’s current price level is +73.45% above the SMA50 and +62.91% above the SMA200.

The stochastic %K and %D were 93.09% and 90.29%, respectively, and the average true range (ATR) was 7.39. With the 14-day stochastic at 84.55% and the average true range at 7.17, the RSI (14) stands at 67.83%. The stock has reached 7.91 on the 9-day MACD Oscillator while the 14-day reading was at 12.91.

Analyst Ratings

KeyBanc Capital Markets upgraded Ambarella Inc. (NASDAQ: AMBA) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a Sector weight.

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