On Monday, Silicon Laboratories Inc (NASDAQ: SLAB) opened higher 3.41% from the last session, before settling in for the closing price of $115.19. Price fluctuations for SLAB have ranged from $74.56 to $169.76 over the past 52 weeks.
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Annual sales at Technology sector company grew by 3.40% over the past five years. Company’s average yearly earnings per share was noted -126.33% at the time writing. With a float of $31.28 million, this company’s outstanding shares have now reached $31.90 million.
Let’s look at the performance matrix of the company that is accounted for 1846 employees.
Silicon Laboratories Inc (SLAB) Insider Updates
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Silicon Laboratories Inc is 2.00%, while institutional ownership is 103.84%. The most recent insider transaction that took place on Dec 04 ’23, was worth 398,141. In this transaction President & CEO of this company sold 3,679 shares at a rate of $108.22, taking the stock ownership to the 31,050 shares. Before that another transaction happened on Oct 02 ’23, when Company’s President & CEO sold 3,534 for $115.23, making the entire transaction worth $407,223. This insider now owns 34,729 shares in total.
Silicon Laboratories Inc (SLAB) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -$1.19 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$1.43) by $0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -126.33% per share during the next fiscal year.
Silicon Laboratories Inc (NASDAQ: SLAB) Trading Performance Indicators
Check out the current performance indicators for Silicon Laboratories Inc (SLAB). In the past quarter, the stock posted a quick ratio of 3.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.12, a number that is poised to hit -0.98 in the next quarter and is forecasted to reach 3.75 in one year’s time.
Technical Analysis of Silicon Laboratories Inc (SLAB)
Silicon Laboratories Inc (NASDAQ: SLAB) saw its 5-day average volume 0.42 million, a positive change from its year-to-date volume of 0.3 million. As of the previous 9 days, the stock’s Stochastic %D was 14.31%. Additionally, its Average True Range was 4.85.
During the past 100 days, Silicon Laboratories Inc’s (SLAB) raw stochastic average was set at 35.91%, which indicates a significant increase from 22.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.34% in the past 14 days, which was lower than the 45.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $135.21, while its 200-day Moving Average is $126.29. Nevertheless, the first resistance level for the watch stands at $120.91 in the near term. At $122.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $125.58. If the price goes on to break the first support level at $116.24, it is likely to go to the next support level at $113.35. Assuming the price breaks the second support level, the third support level stands at $111.57.
Silicon Laboratories Inc (NASDAQ: SLAB) Key Stats
There are currently 31,905K shares outstanding in the company with a market cap of 3.80 billion. Presently, the company’s annual sales total 782,260 K according to its annual income of -34,520 K. Last quarter, the company’s sales amounted to 86,840 K and its income totaled -69,790 K.
