Somewhat Positive News Coverage Somewhat Unlikely to Affect Silicon Laboratories (SLAB) Share Price

Media stories about Silicon Laboratories (NASDAQ:SLAB) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Silicon Laboratories earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 45.8321178921918 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Silicon Laboratories (NASDAQ:SLAB) opened at $91.65 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 5.84 and a quick ratio of 5.39. Silicon Laboratories has a 52-week low of $66.35 and a 52-week high of $100.00. The stock has a market cap of $3,820.28, a PE ratio of 38.23, a PEG ratio of 2.37 and a beta of 1.41.

Silicon Laboratories (NASDAQ:SLAB) last issued its quarterly earnings data on Wednesday, January 31st. The semiconductor company reported $0.93 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.07. The firm had revenue of $201.02 million for the quarter, compared to the consensus estimate of $197.93 million. Silicon Laboratories had a net margin of 6.12% and a return on equity of 11.11%. Silicon Laboratories’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the firm posted $0.75 EPS. research analysts anticipate that Silicon Laboratories will post 2.52 earnings per share for the current year.

SLAB has been the subject of a number of recent analyst reports. B. Riley raised their price target on shares of Silicon Laboratories from $90.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Canaccord Genuity raised their price target on shares of Silicon Laboratories from $95.00 to $98.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Needham & Company LLC raised their price target on shares of Silicon Laboratories from $85.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Drexel Hamilton reiterated a “buy” rating and set a $103.00 price objective (up from $85.00) on shares of Silicon Laboratories in a research note on Wednesday, October 25th. Finally, Roth Capital increased their price objective on shares of Silicon Laboratories from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $102.89.

In other Silicon Laboratories news, SVP Brandon Tolany sold 18,235 shares of the firm’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $95.00, for a total transaction of $1,732,325.00. Following the transaction, the senior vice president now owns 69,501 shares of the company’s stock, valued at approximately $6,602,595. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William P. Wood sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $91.30, for a total transaction of $456,500.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,366 shares of company stock worth $2,201,925. 34.82% of the stock is currently owned by 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.

Insider Buying and Selling by Quarter for Silicon Laboratories (NASDAQ:SLAB)

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