Ambarella (AMBA) Stock Soaring as GoPro Inks a Deal With Toyota - TheStreet.com
Last Friday, analysts at Pacific Crest issued an upbeat note saying Ambarella is benefiting from strong demand for drones as well as steady demand for GoPro's cameras. -based Ambarella is a developer of semiconductor processing solutions for video that enable high-definition, video capture, sharing, and display. Separately, TheStreet Ratings team rates AMBARELLA INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:. "We rate AMBARELLA INC (AMBA) a BUY. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from... AMBA's very impressive revenue growth greatly exceeded the industry average of 10. 8%. Since the same quarter one year prior, revenues leaped by 73. 5%. Growth in the company's revenue appears to have helped boost the earnings per share. AMBA has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Source: www.thestreet.com
