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 most optimistic price target was 68.75, implying potential capital gains of 63.07 percent. The most pessimistic price target was 22, implying a possible loss of -47.82 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing 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. Over the past 30 days, FY earnings estimates have also changed downwards by -3.54 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.55 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. 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.

SIMO has an estimated earnings growth rate of 7.34 percent as forecasted by analysts. 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. 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. Today's price is 12.82 percent above the 52-week 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.