Press coverage about Silicon Laboratories (NASDAQ:SLAB) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Silicon Laboratories earned a news impact score of 0.20 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 45.930274548537 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Attractive Return From Sigma Liquidation (seekingalpha.com)
- Brandon Tolany Sells 9,060 Shares of Silicon Laboratories (SLAB) Stock (americanbankingnews.com)
- Insider Selling: Silicon Laboratories (SLAB) Director Sells 2,500 Shares of Stock (americanbankingnews.com)
- Silicon Laboratories (SLAB) Downgraded by Zacks Investment Research (americanbankingnews.com)
A number of research analysts have commented on SLAB shares. B. Riley upped their price objective on Silicon Laboratories from $90.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Canaccord Genuity upped their price objective on Silicon Laboratories from $95.00 to $98.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Needham & Company LLC increased their target price on Silicon Laboratories from $85.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Roth Capital increased their target price on Silicon Laboratories from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Monday, December 11th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $108.00 target price (up from $100.00) on shares of Silicon Laboratories in a report on Thursday, January 18th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $102.89.
Shares of Silicon Laboratories (NASDAQ:SLAB) opened at $91.35 on Friday. The stock has a market capitalization of $3,978.30, a price-to-earnings ratio of 83.81, a PEG ratio of 2.47 and a beta of 1.41. Silicon Laboratories has a 1-year low of $66.35 and a 1-year high of $100.00. The company has a current ratio of 5.84, a quick ratio of 5.39 and a debt-to-equity ratio of 0.36.
Silicon Laboratories (NASDAQ:SLAB) last released its earnings results on Wednesday, January 31st. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. Silicon Laboratories had a return on equity of 11.11% and a net margin of 6.12%. The company had revenue of $201.02 million for the quarter, compared to analyst estimates of $197.93 million. During the same period in the prior year, the firm posted $0.75 EPS. Silicon Laboratories’s quarterly revenue was up 10.1% on a year-over-year basis. research analysts anticipate that Silicon Laboratories will post 2.52 earnings per share for the current year.
In related news, Director William P. Wood sold 5,000 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $91.30, for a total transaction of $456,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William G. Bock sold 2,500 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $91.91, for a total value of $229,775.00. Following the sale, the director now owns 40,926 shares of the company’s stock, valued at $3,761,508.66. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,926 shares of company stock valued at $3,260,418. 34.82% of the stock is owned by corporate insiders.
Silicon Laboratories Company Profile
Silicon Laboratories Inc is a provider of silicon, software and solutions for the Internet of Things (IoT), Internet infrastructure, industrial, consumer and automotive markets. The Company operates through mixed-signal analog intensive products segment. It provides analog-intensive, mixed-signal solutions for use in a range of electronic products in various applications for the IoT market.
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