Silicon Laboratories (SLAB) Stock Price, News & Analysis

Company Overview

Silicon Laboratories Inc., a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation. The company sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors. Silicon Laboratories Inc. was founded in 1996 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $99.16 to $104.29
• 50-Day Range: $100.47 to $117.88
• 52-Week Range: $94.00 to $154.91
• Volume: 391,676 shs
• Average Volume: 299,694 shs
• Market Capitalization: $3.26 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $121.50
• Consensus Rating: Moderate Buy

Silicon Laboratories Stock Analysis - MarketRank™

Silicon Laboratories scored higher than 34% of companies evaluated by MarketBeat, and ranked 530th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Silicon Laboratories has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Silicon Laboratories has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Silicon Laboratories are expected to grow in the coming year, from ($3.56) to ($0.47) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Silicon Laboratories is -13.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Silicon Laboratories is -13.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Silicon Laboratories has a P/B Ratio of 3.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.05% of the float of Silicon Laboratories has been sold short.

Short Interest Ratio / Days to Cover

Silicon Laboratories has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Silicon Laboratories has recently decreased by 1.03%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Silicon Laboratories does not currently pay a dividend.

Dividend Growth

Silicon Laboratories does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.05% of the float of Silicon Laboratories has been sold short.

Short Interest Ratio / Days to Cover

Silicon Laboratories has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Silicon Laboratories has recently decreased by 1.03%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: N/A

News Sentiment

Silicon Laboratories has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Silicon Laboratories this week, compared to 5 articles on an average week.

MarketBeat Follows

Only 2 people have added Silicon Laboratories to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Silicon Laboratories insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $97,175.00 in company stock.

Percentage Held by Insiders

Only 1.72% of the stock of Silicon Laboratories is held by insiders.

SLAB Stock Analysis - Frequently Asked Questions

How have SLAB shares performed this year?

Silicon Laboratories' stock was trading at $132.27 at the beginning of the year. Since then, SLAB shares have decreased by 24.0% and is now trading at $100.47.
View the best growth stocks for 2024 here.

How were Silicon Laboratories' earnings last quarter?

Silicon Laboratories Inc. (NASDAQ:SLAB) released its quarterly earnings results on Monday, November, 4th. The semiconductor company reported ($0.13) EPS for the quarter, beating analysts' consensus estimates of ($0.21) by $0.08. The company's revenue was down 18.5% compared to the same quarter last year.

Does Silicon Laboratories have any subsidiaries?

Silicon Laboratories subsidiaries include these companies: Zentri, Micrium, Telegesis, Bluegiga Technologies, Touchstone Semiconductor, Energy Micro, Ember, and more.

Who are Silicon Laboratories' major shareholders?

Silicon Laboratories' top institutional investors include FMR LLC (14.93%), State Street Corp (4.82%), Wellington Management Group LLP (2.74%) and Geode Capital Management LLC (2.41%). Insiders that own company stock include Robert Matthew Johnson, Brandon Tolany, William G Bock, Nina Richardson and Christy Wyatt.
View institutional ownership trends.

How do I buy shares of Silicon Laboratories?

Shares of SLAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Silicon Laboratories own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Silicon Laboratories investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), The RMR Group (RMR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 11/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:SLAB
• CUSIP: 82691910
• CIK: 1038074
• Web: www.silabs.com
• Phone: (512) 416-8500
• Fax: 512-416-9669
• Employees: 1,846
• Year Founded: 1996

Price Target and Rating

• Average Stock Price Target: $121.50
• High Stock Price Target: $150.00
• Low Stock Price Target: $75.00
• Potential Upside/Downside: +20.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($7.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-34,520,000.00
• Net Margins: -46.93%
• Pretax Margin: -39.48%
• Return on Equity: -12.60%
• Return on Assets: -10.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.19
• Quick Ratio: 4.01

Sales & Book Value

• Annual Sales: $782.26 million
• Price / Sales: 4.17
• Cash Flow: $1.93 per share
• Price / Cash Flow: 52.16
• Book Value: $33.33 per share
• Price / Book: 3.01

Miscellaneous

• Outstanding Shares: 32,450,000
• Free Float: 31,890,000
• Market Cap: $3.26 billion
• Optionable: Optionable
• Beta: 1.20