SiTime Corp [SITM] stock prices are up 13.42% to $188.50 at the moment. 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 20.42% over the last week, with a monthly amount glided 61.40%, and 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.
The stock price of SiTime Corp [SITM] has been fluctuating between $94.82 and $268.18 over the past year. Currently, Wall Street analysts expect the stock to reach $250 within the next 12 months. SiTime Corp [NASDAQ: SITM] shares were valued at $188.50 at the most recent close of the market. An investor can expect a potential return of 32.63% based on the average SITM price forecast.
Analyzing the SITM fundamentals
The SiTime Corp [NASDAQ:SITM] reported sales of 229.99M for trailing twelve months, representing a surge of 82.65%. 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 176.94 points at the first support level, and at 165.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 196.25, and for the 2nd resistance point, it is at 204.01.
Ratios To Look Out For
It’s worth pointing out that SiTime Corp [NASDAQ:SITM]’s Current Ratio is 4.87. Also, the Quick Ratio is 4.09, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 19.44, the price to book ratio is 6.36.
Transactions by insiders
Recent insider trading involved Assaderaghi Fariborz, Officer, that happened on May 08 ’25 when 1268.0 shares were purchased., Assaderaghi Fariborz completed a deal on Apr 29 ’25 to sell 1267.0 shares. Meanwhile, Officer Assaderaghi Fariborz bought 1267.0 shares on Apr 29 ’25.
