A share price of Silicon Laboratories Inc [SLAB] is currently trading at $136.60, up 1.34%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SLAB shares have gain 2.75% over the last week, with a monthly amount glided 9.24%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Silicon Laboratories Inc [NASDAQ: SLAB] stock has seen the most recent analyst activity on December 17, 2024, when Susquehanna initiated its Neutral rating and assigned the stock a price target of $130. Previously, Needham upgraded its rating to Buy on April 25, 2024, and kept the price target unchanged to $150. On April 25, 2024, TD Cowen reiterated its Buy rating and revised its price target to $145 on the stock. Summit Insights downgraded its rating to a Hold. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $155 on February 08, 2024. JP Morgan started tracking with a Overweight rating for this stock on December 08, 2023, and assigned it a price target of $145. In a note dated November 01, 2023, Barclays upgraded an Equal Weight rating on this stock.
Silicon Laboratories Inc experienced fluctuations in its stock price throughout the past year between $94.00 and $154.91. Currently, Wall Street analysts expect the stock to reach $117.5 within the next 12 months. Silicon Laboratories Inc [NASDAQ: SLAB] shares were valued at $136.60 at the most recent close of the market. An investor can expect a potential drop of -13.98% based on the average SLAB price forecast.
Analyzing the SLAB fundamentals
Trailing Twelve Months sales for Silicon Laboratories Inc [NASDAQ:SLAB] were 504.98M which represents -18.34% decline. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.17 and Total Capital is -0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 129.67 points at the first support level, and at 122.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 143.14, and for the 2nd resistance point, it is at 149.67.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Silicon Laboratories Inc [NASDAQ:SLAB] is 5.19. As well, the Quick Ratio is 4.01, while the Cash Ratio is 2.88. Considering the valuation of this stock, the price to sales ratio is 8.78, the price to book ratio is 4.09.
Transactions by insiders
Recent insider trading involved BOCK WILLIAM G, Director, that happened on Jan 22 ’25 when 2000.0 shares were sold. Officer, BOCK WILLIAM G completed a deal on Jan 22 ’25 to buy 2000.0 shares. Meanwhile, Sr VP WW Sales & Marketing Tolany Brandon sold 845.0 shares on Sep 03 ’24.
