At the time of writing, SiTime Corp [SITM] stock is trading at $182.19, up 19.53%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SITM shares have gain 8.47% over the last week, with a monthly amount drifted -10.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SiTime Corp [NASDAQ: SITM] stock has seen the most recent analyst activity on August 27, 2024, when Barclays downgraded its rating to a Underweight but kept the price target unchanged to $90 for it. Previously, Needham upgraded its rating to Buy on May 09, 2024, and kept the price target unchanged to $130. On July 20, 2023, Wolfe Research initiated with a Outperform rating and assigned a price target of $160 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $88 on May 05, 2023. Needham downgraded its rating to a Hold. Credit Suisse started tracking with a Outperform rating for this stock on November 16, 2022, and assigned it a price target of $135. In a note dated October 11, 2022, Needham reiterated an Buy rating on this stock and revised its target price from $210 to $125.
For the past year, the stock price of SiTime Corp fluctuated between $72.39 and $268.18. Currently, Wall Street analysts expect the stock to reach $237.5 within the next 12 months. SiTime Corp [NASDAQ: SITM] shares were valued at $182.19 at the most recent close of the market. An investor can expect a potential return of 30.36% based on the average SITM price forecast.
Analyzing the SITM fundamentals
According to SiTime Corp [NASDAQ:SITM], the company’s sales were 202.70M for trailing twelve months, which represents an 60.63% jump. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.54%, Pretax Profit Margin comes in at -0.46%, and Net Profit Margin reading is -0.46%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.13 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 164.49 points at the first support level, and at 146.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 191.29, and for the 2nd resistance point, it is at 200.38.
Ratios To Look Out For
It is important to note that SiTime Corp [NASDAQ:SITM] has a current ratio of 5.02. Also, the Quick Ratio is 4.31, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 21.21, the price to book ratio is 6.14.
Transactions by insiders
Recent insider trading involved Sevalia Piyush B, that happened on Mar 03 ’25 when 1038.0 shares were sold. Officer, Pangrazio Vincent P completed a deal on Mar 05 ’25 to buy 3000.0 shares. Meanwhile, Officer PIYUSH B. SEVALIA bought 543.0 shares on Mar 05 ’25.
