Is it Time to Take Your Profits From Silicom Ltd. [SILC] Stock?

In a recent bid Silicom Ltd. [SILC] faced a contemporary bid of $40.97 yielding a 2.83% incline where 31864.0 shares have exchanged hands over the last week. SILC amount got a boost by 2.62% or $1.04 versus $39.93 at the end of the prior session. This change led market cap to move at 282.70M, putting the price 95.74% below the 52-week high and 0.18% above the 52-week low. The company’s stock has a normal trading capacity of 31864.0 shares while the relative volume is 6.23.

On 29, October 2020, Silicom Reports Q3 2020 Financial Results. According to news published on Yahoo Finance, – Revenues Up 18% to $28.4M With $0.41 Non-GAAP EPS -.

Analyst Birdseye View:

The most recent analyst activity for Silicom Ltd. [NASDAQ:SILC] stock was on January 30, 2020, when it was Upgrade with a Buy rating from Needham, which also raised its 12-month price target on the stock to $45. Before that, on April 07, 2020, Needham Recapitulated a Buy rating and elevated its amount target to $35. On March 14, 2018, Needham Reiterated a Buy rating and plunged its price target on this stock from $90 to $50. On January 12, 2018, Needham Reiterated a Buy rating and increased its price target from $75 to $90. On October 26, 2017, Needham Reiterated a Buy rating and increased its price target to $75. On April 28, 2017, Needham Reiterated a Buy rating and boosted its amount target on this stock to $60. On March 23, 2017, Needham Reiterated a Buy rating and boosted its target amount on this stock from $50 to $56. On July 27, 2016 Needham Reiterated a Buy rating and elevated its amount target to $43.

In the past 52 weeks of trading, this stock has oscillated between a low of $20.93 and a peak of $40.90. At the most recent market close, shares of Silicom Ltd. [NASDAQ:SILC] were valued at $40.97.

FUNDAMENTAL ANALYSIS

Silicom Ltd. [NASDAQ:SILC] most recently reported quarterly sales of 28.39 billion, which represented growth of 17.80%. This publicly-traded organization’s revenue is $404,769 per employee, while its income is $39,369 per employee. This company’s Gross Margin is currently 33.30%, its Operating Margin is 7.10%, its Pretax Margin is +11.27, and its Net Margin is +9.73. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.39, 6.38, 6.29 and 6.32 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 2.27 and the whole liability to whole assets at 1.93. It shows enduring liability to the whole principal at 1.62 and enduring liability to assets at 0.01 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 39.09 points at 1st support level, the second support level is making up to 38.25. But as of 1st resistance point, this stock is sitting at 40.39 and at 40.84 for 2nd resistance point.

Silicom Ltd. [SILC] reported its earnings at $0.41 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.35/share signifying the difference of 0.06 and 17.10% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.26 calling estimates for $0.26/share with the difference of 0 depicting the surprise of 0.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Silicom Ltd. [NASDAQ:SILC] is 3.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.67. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.39, it’s amount to book ratio is 1.50 and showing 39.77 of P/E (TTM) ratio.