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.

Investment analysts gave a few price targets for SIMO. The highest price target was 68.75, implying potential capital gains of 63.07 percent. The minimum price target given was 22, implying potential capital losses of -47.82 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. If we look at the last 90 days instead, we find a net average change of -3.55 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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.

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 P/E 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.