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.

A number of analysts gave price targets for SIMO. The maximum price target given was 68.75, implying a possible profit of 63.07 percent. The minimum price target given was 22, implying a possible loss of -47.82 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.25 percent. The average change in earnings estimates over the last 90 days is -9.93 percent. Meanwhile, fiscal year estimates have been revised downwards by -3.54 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.55 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

The growth rate of SIMO's earnings is estimated by analysts to be 7.34 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. SIMO has a PEG ratio of 1.83.

SIMO has traded between a high of 56.25 and a low of 37.37 over the past year. Today's price is 12.82 percent above the 52-week low, and 25.05 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.