Silicon Laboratories Inc. (NASDAQ:SLAB) previous close was $126.30 while the outstanding shares total 44.16M. The firm has a beta of 1.02, a 12-month trailing P/E ratio of 243.73, and a growth ratio of 23.90. SLAB’s shares traded higher over the last trading session, gaining 1.89% on 05/20/21. The shares fell to a low of $126.33 before closing at $128.69. Intraday shares traded counted 0.39 million, which was -9.02% lower than its 30-day average trading volume of 353.32K. The stock’s Relative Strength Index (RSI) is 41.63, with weekly volatility at 3.16% and ATR at 5.36. The SLAB stock’s 52-week price range has touched low of $89.67 and a $163.43 high.
Investors have identified the Semiconductors company Silicon Laboratories Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.67 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Silicon Laboratories Inc. (SLAB) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 860.93 million total, with 150.8 million as their total liabilities.
SLAB were able to record 8.33 million as free cash flow during the 07/28/2021 quarter of the year, this saw their quarterly net cash flow reduce by 2.5 million. In cash movements, the company had a total of 14.51 million as operating cash flow.
Potential earnings growth for Silicon Laboratories Inc. (SLAB)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/28/2021 quarter of the year, Silicon Laboratories Inc. recorded a total of 255.5 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 15.9% coming in sequential stages and their sales for the 07/28/2021 quarter increasing by 4.93%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 104.92 million trying to sell their products during the last quarter, with the result yielding a gross income of 150.58 million. This allows shareholders to hold on to 44.16M with the recently reported earning now reading 0.31 cents per share. This is a figure that compared to analyst’s prediction for their 07/28/2021 (0.65 cents a share).
Having a look at the company’s valuation, the company is expected to record 3.04 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SLAB sounds very interesting.
Is the stock of SLAB attractive?
In related news, Director, BOCK WILLIAM G sold 1,000 shares of the company’s stock in a transaction that recorded on May 17. The sale was performed at an average price of 123.29, for a total value of 123,290. As the sale deal closes, the CHIEF ACCOUNTING OFFICER, MAULDIN MARK D now sold 157 shares of the company’s stock, valued at 21,170. Also, Director, Richardson Nina sold 830 shares of the company’s stock in a deal that was recorded on Apr 22. The shares were price at an average price of 148.42 per share, with a total market value of 123,189. Following this completion of acquisition, the SR VP of Worldwide Sales, Tolany Brandon now holds 1,921 shares of the company’s stock, valued at 293,759. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.00%.
6 out of 12 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Silicon Laboratories Inc.. 0 analysts has assigned a Sell rating on the SLAB stock. The 12-month mean consensus price target for the company’s shares has been set at $173.30.