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In the latest session, Silicon Laboratories Inc (NASDAQ: SLAB) closed at $117.50 down -3.32% from its previous closing price of $121.53. In other words, the price has decreased by -$3.32 from its previous closing price. On the day, 0.5 million shares were traded. SLAB stock price reached its highest trading level at $121.07 during the session, while it also had its lowest trading level at $117.06.
Ratios:
For a deeper understanding of Silicon Laboratories Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.32 and its Current Ratio is at 4.51. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, TD Cowen on February 08, 2024, Reiterated its Outperform rating but revised its target price to $155 from $140 previously.
On December 08, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $145.
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 04 ’23 when Johnson Robert Matthew sold 3,679 shares for $108.22 per share. The transaction valued at 398,141 led to the insider holds 31,050 shares of the business.
Johnson Robert Matthew sold 3,534 shares of SLAB for $407,223 on Oct 02 ’23. The President & CEO now owns 34,729 shares after completing the transaction at $115.23 per share. On Aug 02 ’23, another insider, Johnson Robert Matthew, who serves as the President & CEO of the company, sold 3,498 shares for $144.06 each. As a result, the insider received 503,922 and left with 38,263 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, SLAB now has a Market Capitalization of 3750740992 and an Enterprise Value of 3381589760. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 3.10. Its current Enterprise Value per Revenue stands at 4.323 whereas that against EBITDA is 89.633.
Stock Price History:
Over the past 52 weeks, SLAB has reached a high of $172.94, while it has fallen to a 52-week low of $74.56. The 50-Day Moving Average of the stock is -13.58%, while the 200-Day Moving Average is calculated to be -7.39%.
Shares Statistics:
For the past three months, SLAB has traded an average of 299.35K shares per day and 301170 over the past ten days. A total of 31.90M shares are outstanding, with a floating share count of 31.28M. Insiders hold about 2.00% of the company’s shares, while institutions hold 103.83% stake in the company. Shares short for SLAB as of 1711584000 were 1556734 with a Short Ratio of 5.20, compared to 1709164800 on 1578416. Therefore, it implies a Short% of Shares Outstanding of 1556734 and a Short% of Float of 8.2600005.
Earnings Estimates
Currently, Schlumberger N.V. analysts are dedicated to thoroughly evaluating and rating the performance of Silicon Laboratories Inc (SLAB) in the stock market.The consensus estimate for the next quarter is $70.92, with high estimates of $117.50 and low estimates of $14.22.
Analysts are recommending an EPS of between $Technology and $Healthcare for the fiscal current year, implying an average EPS of $Technology.
