Analyst Ratings for Silicon Motion Technology Corp. ADR (SIMO)

Updated: 2017-07-27

Analysts covering Silicon Motion Technology Corp. ADR (NASDAQ:SIMO) have given it a consensus rating of Buy. Last month, SIMO received an average rating of Buy.

13 analysts issued ratings on the stock, where 11 gave SIMO a buy rating, 0 issued an overweight rating, 1 issued a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for SIMO. The most optimistic price target was 68.75, implying potential capital gains of 63.07 percent. The most pessimistic analyst gave a price target of 22, which equates to a potential downside of -47.82 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.25 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -9.93 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -3.54 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.55 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SIMO's earnings is estimated by analysts to be 7.34 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SIMO is 1.83.

In the trailing 52-weeks, SIMO hit 56.25 at the highest peak, while it's lowest trading point was 37.37. Currently the stock is 12.82 percent higher than its low, and 25.05 percent lower than its 52-week high. SIMO has a price/earnings ratio of 13.45. Investors typically compare the P/E ratio to a company's peers in the industry. The SIMO value stock report compares SIMO to some of its peers using value stock charts. The market cap of SIMO is $1.48 billion. SIMO's next earnings release will be on 0000-00-00, which is days away.