1 week Ago By ABMN Staff
Silicon Motion Technology ( NASDAQ:SIMO – Get Free Report ) is projected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect Silicon Motion Technology to post earnings of $0.44 per share and revenue of $162.
69 million for the quarter. Silicon Motion Technology has set its Q1 2025 guidance at EPS. Silicon Motion Technology ( NASDAQ:SIMO – Get Free Report ) last issued its earnings results on Wednesday, February 5th.
The semiconductor producer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.
10). Silicon Motion Technology had a net margin of 11.29% and a return on equity of 11.
63%. On average, analysts expect Silicon Motion Technology to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year. Silicon Motion Technology Stock Up 2.
4 % Shares of NASDAQ SIMO opened at $45.11 on Monday. The firm has a 50-day simple moving average of $49.
25 and a 200-day simple moving average of $52.84. The stock has a market capitalization of $1.
52 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of 1.36 and a beta of 0.
81. Silicon Motion Technology has a 52 week low of $37.21 and a 52 week high of $85.
87. Analyst Upgrades and Downgrades A number of brokerages have recently commented on SIMO. Needham & Company LLC reiterated a “buy” rating and issued a $70.
00 target price on shares of Silicon Motion Technology in a research report on Friday, February 7th. StockNews.com cut shares of Silicon Motion Technology from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th.
Finally, Bank of America upgraded shares of Silicon Motion Technology from an “underperform” rating to a “neutral” rating and set a $47.00 price objective for the company in a research report on Wednesday, April 23rd. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock.
According to MarketBeat.com, Silicon Motion Technology has a consensus rating of “Moderate Buy” and an average target price of $79.00.
Get Our Latest Stock Analysis on Silicon Motion Technology Silicon Motion Technology Company Profile ( Get Free Report ) Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. Featured Articles Receive News & Ratings for Silicon Motion Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicon Motion Technology and related companies with MarketBeat.
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