Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, SiTime Corp (NASDAQ: SITM) closed at $216.65 up 0.26% from its previous closing price of $216.09. In other words, the price has increased by $0.26 from its previous closing price. On the day, 0.67 million shares were traded. SITM stock price reached its highest trading level at $218.05 during the session, while it also had its lowest trading level at $210.91.
Ratios:
For a deeper understanding of SiTime Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1445.73. For the most recent quarter (mrq), Quick Ratio is recorded 4.99 and its Current Ratio is at 5.75. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On May 09, 2024, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $130.
On July 20, 2023, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $160.Wolfe Research initiated its Outperform rating on July 20, 2023, with a $160 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 12 ’24 when Chitkara Raman sold 500 shares for $265.00 per share. The transaction valued at 132,500 led to the insider holds 20,719 shares of the business.
Pangrazio Vincent P sold 3,064 shares of SITM for $781,320 on Dec 12 ’24. The insider now owns 65,978 shares after completing the transaction at $255.00 per share. On Dec 12 ’24, another insider, VASHIST RAJESH, who serves as the Chief Executive Officer of the company, sold 12,000 shares for $259.25 each. As a result, the insider received 3,111,000 and left with 24,781 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SITM now has a Market Capitalization of 5061377024 and an Enterprise Value of 4633211392. For the stock, the TTM Price-to-Sale (P/S) ratio is 28.67 while its Price-to-Book (P/B) ratio in mrq is 7.27. Its current Enterprise Value per Revenue stands at 26.178 whereas that against EBITDA is -57.094.
Stock Price History:
Over the past 52 weeks, SITM has reached a high of $268.18, while it has fallen to a 52-week low of $72.39. The 50-Day Moving Average of the stock is 5.26%, while the 200-Day Moving Average is calculated to be 49.66%.
Shares Statistics:
For the past three months, SITM has traded an average of 195.52K shares per day and 328930 over the past ten days. A total of 23.36M shares are outstanding, with a floating share count of 18.29M. Insiders hold about 21.71% of the company’s shares, while institutions hold 87.68% stake in the company. Shares short for SITM as of 1732838400 were 1472616 with a Short Ratio of 7.53, compared to 1730332800 on 1554520. Therefore, it implies a Short% of Shares Outstanding of 1472616 and a Short% of Float of 11.42.
