Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $56.01 in the prior trading day, Silicon Motion Technology Corp ADR (NASDAQ: SIMO) closed at $53.81, down -3.93%. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 0.68 million shares were traded. SIMO stock price reached its highest trading level at $56.5599 during the session, while it also had its lowest trading level at $52.43.
Ratios:
Our goal is to gain a better understanding of SIMO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.56. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 4.34. 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 Nov-01-24, 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.
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 1812406912 and an Enterprise Value of 7257388544. As of this moment, Silicon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.05, and their Forward P/E ratio for the next fiscal year is 13.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 9.368 whereas that against EBITDA is 70.561.
Stock Price History:
Over the past 52 weeks, SIMO has reached a high of $85.87, while it has fallen to a 52-week low of $52.92. The 50-Day Moving Average of the stock is -8.20%, while the 200-Day Moving Average is calculated to be -22.81%.
Shares Statistics:
The stock has traded on average 294.07K shares per day over the past 3-months and 235740 shares per day over the last 10 days, according to various share statistics. A total of 33.42M shares are outstanding, with a floating share count of 33.40M. Insiders hold about 0.07% of the company’s shares, while institutions hold 83.05% stake in the company. Shares short for SIMO as of 1728950400 were 679687 with a Short Ratio of 2.31, compared to 1726185600 on 983977. Therefore, it implies a Short% of Shares Outstanding of 679687 and a Short% of Float of 2.08.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.59.
