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The closing price of Silicon Motion Technology Corp ADR (NASDAQ: SIMO) was $42.35 for the day, up 8.67% from the previous closing price of $38.97. In other words, the price has increased by $8.67 from its previous closing price. On the day, 1.15 million shares were traded. SIMO stock price reached its highest trading level at $43.0 during the session, while it also had its lowest trading level at $37.21.
Ratios:
Our analysis of SIMO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.30. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1426415744 and an Enterprise Value of 5265263104. As of this moment, Silicon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.78, and their Forward P/E ratio for the next fiscal year is 9.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 6.552 whereas that against EBITDA is 44.022.
Stock Price History:
The Beta on a monthly basis for SIMO is 0.83, which has changed by -0.45565552 over the last 52 weeks, in comparison to a change of 0.049593568 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 $37.98. The 50-Day Moving Average of the stock is -20.22%, while the 200-Day Moving Average is calculated to be -27.97%.
Shares Statistics:
SIMO traded an average of 437.62K shares per day over the past three months and 506760 shares per day over the past ten days. 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 83.68% stake in the company. Shares short for SIMO as of 1741910400 were 1008884 with a Short Ratio of 2.31, compared to 1739491200 on 928665. Therefore, it implies a Short% of Shares Outstanding of 1008884 and a Short% of Float of 3.09.
Dividends & Splits
With its trailing 12-month dividend rate of 2.0, SIMO has a forward annual dividend rate of 2.00. Against a Trailing Annual Dividend Yield of 0.05132153The stock’s 5-year Average Dividend Yield is 2.59.
