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Silicon Motion (SIMO)
NASDAQ:SIMO
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SIMO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$52.65 - $85.87
Previous Close$56.06
Volume187.21K
Average Volume (3M)302.28K
Market Cap
$1.87B
Enterprise Value$1.62B
Total Cash (Recent Filing)$314.30M
Total Debt (Recent Filing)$57.93M
Price to Earnings (P/E)23.9
Beta0.79
Next Earnings
Oct 30, 2024EPS Estimate
$0.85Last Dividend Ex-Date
Aug 08, 2024Dividend Yield3.55%
Share Statistics
EPS (TTM)2.34
Shares Outstanding33,681,620
10 Day Avg. Volume195,509
30 Day Avg. Volume302,280
Standard Deviation0.12
R-Squared0.13
Alpha0.00727
Financial Highlights & Ratios
Price to Book (P/B)2.57
Price to Sales (P/S)2.95
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.21
Enterprise Value/Gross Profit5.98
Enterprise Value/Ebitda12.21
Forecast
1Y Price Target
$80.86Price Target Upside44.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Silicon Motion News
PremiumCompany Announcements
Silicon Motion Reports Strong Q3 2024 PerformancePremiumCompany Announcements
Silicon Motion Reports Strong Q3 Sales GrowthBulls Say, Bears Say
Bulls Say
Financial PerformanceSilicon Motion (SIMO US) reported strong 2Q results with sales up 11% QoQ and 50% YoY.
Market OpportunitiesProspects of 40%+ EPS growth in CY24/CY25 are materializing as design wins across MonTitan, UFS, and SSD controllers ramp into HVM.
Product DevelopmentThere is further upside driven by the launch of new SSD controller products, for both NB and Enterprise applications, and operating leverage.
Bears Say
Earnings ProjectionThe EPS estimate is cut by about 20% due to lower revenue and operating margin assumptions, leading to a reduced price objective.
Growth GuidanceSilicon Motion's guidance suggests minimal top-line growth due to low exposure to AI and enterprise SSD markets.
Stock VolatilitySignificantly increased stock volatility and weakened commodity memory demand are raising concerns among investors.
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Ownership Overview
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Insiders
3.86% Mutual Funds
4.01% Other Institutional Investors
91.84% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SIMO FAQ
What was Silicon Motion’s price range in the past 12 months?
Silicon Motion lowest stock price was $52.65 and its highest was $85.87 in the past 12 months.
What is Silicon Motion’s market cap?
Currently, no data Available
When is Silicon Motion’s upcoming earnings report date?
Silicon Motion’s upcoming earnings report date is Oct 30, 2024 which is 9 days ago.
How were Silicon Motion’s earnings last quarter?
Silicon Motion released its earnings results on Aug 01, 2024. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.927 by $0.033.
Is Silicon Motion overvalued?
According to Wall Street analysts Silicon Motion’s price is currently Undervalued.
Does Silicon Motion pay dividends?
Silicon Motion pays a Annually dividend of $0.5 which represents an annual dividend yield of 3.55%. See more information on Silicon Motion dividends here
What is Silicon Motion’s EPS estimate?
Silicon Motion’s EPS estimate is $0.85.
How many shares outstanding does Silicon Motion have?
Silicon Motion has 33,681,620 shares outstanding.
What happened to Silicon Motion’s price movement after its last earnings report?
Silicon Motion reported an EPS of $0.96 in its last earnings report, beating expectations of $0.927. Following the earnings report the stock price went down -3.639%.
Which hedge fund is a major shareholder of Silicon Motion?
Among the largest hedge funds holding Silicon Motion’s share is Farallon Capital Management, L.L.C.. It holds Silicon Motion’s shares valued at 46M.
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Silicon Motion Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$80.86 (44.24% Upside)
$80.86 (44.24% Upside)
Blogger Sentiment
Bullish
SIMO Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 72.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.75%
12-Months-Change
Fundamentals
Return on Equity
10.17%
Trailing 12-Months
Asset Growth
8.81%
Trailing 12-Months
Company Description
Silicon Motion
Silicon Motion Technology Corp. engages in the development, manufacture, and supply of semiconductor products for the electronics market. It offers embedded and expandable storage, radio frequency integrated circuits, and embedded graphics. The company was founded in November 2005 and is headquartered in Hong Kong.
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SIMO Earnings Call
Q2 2024
0:00 / 0:00
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SIMO Stock 12 Month Forecast
Average Price Target
$80.86
▲(44.24% Upside)
Technical Analysis
Best Analysts Covering SIMO
1 Year
1 Year Success Rate
18/26 ratings generated profit
1 Year Average Return
+7.32%
reiterated a buy rating last month
Copying Sujeeva De Silva's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +7.32% per trade.
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