Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Silicon Motion Technology Corp ADR (NASDAQ: SIMO) closed the day trading at $39.40 up 1.16% from the previous closing price of $38.95. In other words, the price has increased by $1.16 from its previous closing price. On the day, 0.75 million shares were traded. SIMO stock price reached its highest trading level at $39.71 during the session, while it also had its lowest trading level at $38.535.
Ratios:
For a better understanding of SIMO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.28. For the most recent quarter (mrq), Quick Ratio is recorded 2.98 and its Current Ratio is at 3.99. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on October 31, 2024, Reiterated its Buy rating but revised its target price to $90 from $96 previously.
On August 16, 2024, BofA Securities Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $90 to $60.
Morgan Stanley Upgraded its Equal-Weight to Overweight on May 06, 2024, whereas the target price for the stock was revised from $59 to $88.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 18 ’24 when Fan Robert bought 1,000 shares for $60.32 per share.
DUANN SHII TYNG bought 3,000 shares of SIMO for $162,000 on Dec 04 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SIMO now has a Market Capitalization of 1327055104 and an Enterprise Value of 5033476096. As of this moment, Silicon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.68, and their Forward P/E ratio for the next fiscal year is 8.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 6.264 whereas that against EBITDA is 42.085.
Stock Price History:
The Beta on a monthly basis for SIMO is 0.82, which has changed by -0.46561778 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, SIMO has reached a high of $85.87, while it has fallen to a 52-week low of $37.21. The 50-Day Moving Average of the stock is -22.56%, while the 200-Day Moving Average is calculated to be -31.10%.
Shares Statistics:
Over the past 3-months, SIMO traded about 463.92K shares per day on average, while over the past 10 days, SIMO traded about 584050 shares per day. A total of 33.42M shares are outstanding, with a floating share count of 33.41M. Insiders hold about 0.04% of the company’s shares, while institutions hold 84.48% stake in the company. Shares short for SIMO as of 1743379200 were 1048165 with a Short Ratio of 2.26, compared to 1740700800 on 966115. Therefore, it implies a Short% of Shares Outstanding of 1048165 and a Short% of Float of 3.2099999999999995.
Dividends & Splits
SIMO’s forward annual dividend rate is 2.50, up from 2.0 a year ago. Against a Trailing Annual Dividend Yield of 0.05134788The stock’s 5-year Average Dividend Yield is 2.59.
