Media headlines about Silicon Laboratories (NASDAQ:SLAB) have been trending positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silicon Laboratories earned a media sentiment score of 0.30 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 45.4160224564926 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Silicon Laboratories, Inc. (SLAB) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
- Silicon Laboratories, Inc. Forecasted to Post Q4 2017 Earnings of $0.66 Per Share (SLAB) (americanbankingnews.com)
- Silicon Labs Tackles High-Speed Transceiver Clocking with New High-Performance Oscillators (finance.yahoo.com)
- SIGMA DESIGNS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sigma Designs, Inc. (finance.yahoo.com)
- Blog Exposure – Silicon Labs to Acquire Sigma Designs for $282 Million (finance.yahoo.com)
Silicon Laboratories (NASDAQ SLAB) traded up $2.10 during trading on Friday, reaching $89.65. The company’s stock had a trading volume of 408,243 shares, compared to its average volume of 279,185. The company has a debt-to-equity ratio of 0.40, a current ratio of 5.66 and a quick ratio of 5.20. The firm has a market capitalization of $3,730.00, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 2.62 and a beta of 1.37. Silicon Laboratories has a 12 month low of $63.15 and a 12 month high of $96.93.
Silicon Laboratories (NASDAQ:SLAB) last posted its earnings results on Wednesday, October 25th. The semiconductor company reported $0.90 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.09. The company had revenue of $198.70 million for the quarter, compared to analyst estimates of $196.20 million. Silicon Laboratories had a return on equity of 11.06% and a net margin of 9.60%. Silicon Laboratories’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 earnings per share. equities research analysts anticipate that Silicon Laboratories will post 2.25 earnings per share for the current fiscal year.
Several research analysts have issued reports on SLAB shares. Canaccord Genuity reiterated a “buy” rating and issued a $95.00 price objective (up previously from $85.00) on shares of Silicon Laboratories in a research report on Tuesday, October 10th. B. Riley increased their price objective on Silicon Laboratories from $90.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research cut Silicon Laboratories from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. Barclays increased their price objective on Silicon Laboratories from $72.00 to $86.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 18th. Finally, Roth Capital increased their price objective on Silicon Laboratories from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $99.44.
In related news, CEO George Tyson Tuttle sold 3,713 shares of the stock in a transaction on Monday, September 18th. The stock was sold at an average price of $80.00, for a total transaction of $297,040.00. Following the sale, the chief executive officer now owns 204,879 shares of the company’s stock, valued at $16,390,320. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director William P. Wood sold 5,000 shares of the stock in a transaction on Monday, December 4th. The shares were sold at an average price of $91.30, for a total value of $456,500.00. The disclosure for this sale can be found here. Insiders sold 46,700 shares of company stock worth $3,902,829 in the last three months. 34.82% of the stock is owned by corporate insiders.
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Silicon Laboratories Company Profile
Silicon Laboratories Inc is a provider of silicon, software and solutions for the Internet of Things (IoT), Internet infrastructure, industrial, consumer and automotive markets. The Company operates through mixed-signal analog intensive products segment. It provides analog-intensive, mixed-signal solutions for use in a range of electronic products in various applications for the IoT market.
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