RookieStockPicker
10 years ago
Here is more research why NVTL is a sell.
NVTL Ford Equity Research Reiteration 9/19/14
.
We project that NVTL will strongly underperform the market over the next 6 to 12 months. This
projection is based on our analysis of three key factors that influence common stock performance:
earnings strength, relative valuation, and recent price movement
Recommendation Summary
Ford's Strong Sell on Novatel Wireless Inc. is the result of our systematic analysis on three basic characteristics: earnings strength, relative valuation, and recent
stock price movement. The company has suffered a very negative trend in earnings per share over the past 5 quarters. Because the company lacks sufficient analyst
estimate data, we place greater weight on the historical EPS trend as the measure of earnings strength. Based on operating earnings yield, the company is
overvalued when compared to all of the companies we cover. Share price changes over the past year indicates that NVTL will perform very poorly over the near
term.
Earnings Strength is VERY NEGATIVE
Ford's earnings momentum measures the acceleration or deceleration in trailing 12 month
operating earnings per share growth. The downward curvature of the plotted points in the graph
on the right indicates that while Novatel Wireless Inc.'s earnings have increased from $-0.97 to
an estimated $-0.95 over the past 5 quarters, they have shown strong deceleration in quarterly
growth rates when adjusted for the volatility of earnings. This is an indication of weakness that
could lead to declining earnings.
Nearly 40 years of research have shown that the change in the growth of earnings per share is an
important factor that drives stock price performance. Ford measures earnings momentum and
analysts' forecast changes to get an early indication of changing earnings patterns.
Estimate data for Novatel Wireless Inc. is not available. However, the lack of analyst forecast
changes and a comparison of reported versus expected earnings does not inhibit our ability to
assess NVTL's earnings strength. As a matter of fact, our research
Disclaimer
The reports and the ratings contained herein were prepared by Ford Equity Research solely for the use of its clients and authorized subscribers. Reproduction or
distribution of such reports or ratings in any form is prohibited without the express prior written permission of Ford Equity Research. The reports and ratings are based
on publicly available information believed to be reliable. Ford Equity Research endeavors to present the timeliest and most accurate data possible, but accuracy in not
guaranteed. Additional information, such as corporate actions, industry and economic factors, and other events and circumstances that may affect a stockβs price may
not be reflected in the Ford Equity Research rating or in the data presented. This report is for information purposes only and should not be construed as an offer to buy
or sell any security. Recommendations made in this report may not be suitable for all investors. Recommendations do not take into account the individual userβs
investment risk or return objectives or constraints. Ford is not responsible for the results of actions taken based on the information presented. Opinions expressed
herein are subject to change without notice. The research process used is derived solely from a quantitative approach that uses historical data to produce a stock
ranking system. Each covered stock is assigned one of five ratings based on relative scores, Strong Buy, Buy, Hold, Sell, and Strong Sell. While stocks rated Strong
Buy are expected to be the best performers and those rated Strong Sell are expected to be the worst performers, there is no guarantee that such will be the case on
an individual stock basis or on average. Past results are no guarantee of future results.
Ford Equity Research, a subsidiary of Mergent Inc., is an independent research firm with no investment banking or brokerage businesses or affiliations. Ford Equity
Research, its clients and/or its employees may at times own positions in the companies described in these reports. Ford Equity Research has an affiliated investment
advisor relationship with Tesserae Capital Advisors, LLC. Tesserae implements investment strategies based on Ford research and is restricted from trading on new buy
and sell recommendations until 24 hours after Fordβs recommendations are disseminated to all clients. Less
RookieStockPicker
10 years ago
NVTL is a sell, these are the facts!
The gross profit margin for NOVATEL WIRELESS INC is rather low; currently it is at 15.46%. It has decreased
from the same quarter the previous year. Along with this, the net profit margin of -46.72% is significantly
below that of the industry average.
Net operating cash flow has significantly decreased to -$4.36 million or 194.36% when compared to the same
quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
NVTL, with its very weak revenue results, has greatly underperformed against the industry average of 4.0%.
Since the same quarter one year prior, revenues plummeted by 59.1%. Weakness in the company's revenue
seems to have hurt the bottom line, decreasing earnings per share
stocktrademan
10 years ago
$NVTL DD Notes ~ http://www.ddnotesmaker.com/NVTL
bullish buy
about to breakout
$NVTL recent news/filings
## source: finance.yahoo.com
Thu, 18 Sep 2014 11:11:41 GMT ~ Coverage initiated on Novatel Wireless by H.C. Wainwright
read full: http://finance.yahoo.com/q/ud?s=NVTL
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Tue, 16 Sep 2014 12:35:55 GMT ~ Novatel Wireless (NVTL) Jumps: Stock Moves 6.8% Higher
read full: http://finance.yahoo.com/news/novatel-wireless-nvtl-jumps-stock-123555861.html
*********************************************************
Mon, 15 Sep 2014 16:20:08 GMT ~ Novatel to Gain from High Broadband and Telematics Demand
[Zacks] - On Sep 9, 2014, we issued an updated research report on Novatel Wireless Inc. (NVTL).
read full: http://finance.yahoo.com/news/novatel-gain-high-broadband-telematics-162008545.html
*********************************************************
Mon, 15 Sep 2014 12:00:00 GMT ~ SYNNEX Corporation Further Establishes MOBILITYSolv North American Connectivity Portfolio for M2M Applications and Solutions with Novatel Wireless MiFi Powered(R) M2M Devices
[GlobeNewswire] - SAN DIEGO -- Novatel Wireless, Inc. , a leading provider of solutions for the Internet of Things, today announced that it has entered into a distribution agreement with SYNNEX Corporation's MOBILITYSolv ...
read full: http://finance.yahoo.com/news/synnex-corporation-further-establishes-mobilitysolv-120000495.html
*********************************************************
Mon, 08 Sep 2014 20:56:04 GMT ~ NOVATEL WIRELESS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Secu
read full: http://biz.yahoo.com/e/140908/nvtl8-k.html
*********************************************************
$NVTL charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$NVTL company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/NVTL/company-info
Ticker: $NVTL
OTC Market Place: Not Available
CIK code: 0001022652
Company name: Novatel Wireless, Inc.
Company website: http://www.novatelwireless.com
Incorporated In: DE, USA
$NVTL share structure
## source: otcmarkets.com
Market Value: $118,262,082 a/o Sep 22, 2014
Shares Outstanding: 36,841,770 a/o Aug 05, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001
$NVTL extra dd links
Company name: Novatel Wireless, Inc.
Company website: http://www.novatelwireless.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=NVTL+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=NVTL+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=NVTL+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/NVTL/news - http://finance.yahoo.com/q/h?s=NVTL+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/NVTL/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/NVTL/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=NVTL+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/NVTL
DTCC (dtcc.com): http://search2.dtcc.com/?q=Novatel+Wireless%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Novatel+Wireless%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Novatel+Wireless%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.novatelwireless.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.novatelwireless.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.novatelwireless.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/NVTL
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001022652&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/NVTL/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/NVTL/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=NVTL&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=NVTL
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/NVTL/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=NVTL+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=NVTL+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=NVTL
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=NVTL
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=NVTL+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/NVTL/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=NVTL+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/NVTL.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=NVTL
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/NVTL/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/NVTL/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/NVTL
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/NVTL
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/NVTL:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=NVTL
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=NVTL
$NVTL DD Notes ~ http://www.ddnotesmaker.com/NVTL
RookieStockPicker
10 years ago
THE STREET RATING ON NVTL 9/21/14
We rate NOVATEL WIRELESS INC (NVTL) a SELL. This is driven by a number of negative factors, which we
believe should have a greater impact than any strengths, and could make it more difficult for investors to
achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen
in multiple areas, such as its unimpressive growth in net income, disappointing return on equity, poor profit
margins and weak operating cash flow.
HIGHLIGHTS
The company, on the basis of change in net income from the same quarter one year ago, has significantly
underperformed when compared to that of the S&P 500 and the Communications Equipment industry. The net
income has significantly decreased by 120.7% when compared to the same quarter one year ago, falling from
-$7.89 million to -$17.42 million.
Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This
is a signal of major weakness within the corporation. Compared to other companies in the Communications
Equipment industry and the overall market, NOVATEL WIRELESS INC's return on equity significantly trails that
of both the industry average and the S&P 500.
The gross profit margin for NOVATEL WIRELESS INC is rather low; currently it is at 15.46%. It has decreased
from the same quarter the previous year. Along with this, the net profit margin of -46.72% is significantly
below that of the industry average.
Net operating cash flow has significantly decreased to -$4.36 million or 194.36% when compared to the same
quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
NVTL, with its very weak revenue results, has greatly underperformed against the industry average of 4.0%.
Since the same quarter one year prior, revenues plummeted by 59.1%. Weakness in the company's revenue
seems to have hurt the bottom line, decreasing earnings per share.