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InvenSense, Inc. Message Board

  • pasdedough pasdedough May 5, 2013 1:38 AM Flag

    Q1 14 guidance lower...

    Buried in the positive cc chatter, management guided earnings lower for Q1 2014 and provided no guidance for FY 2014 because there were "too many knobs."

    Are they getting a free pass on the promise of a deal with Apple? Or some other "under wraps" development?
    Wall Street loves a good mystery...

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    • paul.kelly100@gmail.com paul.kelly100 May 5, 2013 3:03 PM Flag

      I forsee design wins with Apple and Under Armor. Invensense = Innovation = $$$$$ Go LONG. :)

      Sentiment: Strong Buy

    • Not sure where your pulling your info-
      Guidance for next quarter was in line with analyst estimates, though the company called this "conservative". Even after the 10% after hours gain, INVN would have a PE under 14 on analyst average estimated earnings $0.74 per share this year. Assigning a more reasonable growth PE of 20 results in a fair value of around $15 for almost 50% gain. A 15% short ratio as of April 15 makes the situation all the more compelling, and adding Apple as a customer would represent very significant upside above even these figures.

    • I don't think the lower guidance was buried at all. The two analyst reports I have read post earnings both reference it (how could you not), but there's so much potential beyond the next quarter that they're looking past it (as am I)...

 
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