Analyst Ratings for Silicon Laboratories Inc. (SLAB)Updated: 2017-07-27
Silicon Laboratories Inc. (NASDAQ:SLAB) was awarded an average rating of Overweight from investment analysts following the stock. Last month, SLAB received an average rating of Overweight.
13 analysts issued ratings on the stock, where 7 gave SLAB a buy rating, 0 gave an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
SLAB was given price targets by several analysts. The most optimistic analyst gave a price target of 88, implying a possible profit of 13.99 percent. The minimum price target given was 71, implying a possible loss of -8.03 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.34 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.34 percent.
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 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
SLAB has an estimated earnings growth rate of 35.21 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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. The PEG ratio of SLAB is 1.31.
In the last 52-weeks, SLAB has achieved a high of 78.45 and a low of 51.78. Currently the stock is 49.09 percent higher than its low, and 1.59 percent below the high. SLAB has a P/E ratio of 46.23. Investors typically compare the P/E ratio to a company's peers in the industry. The SLAB value stock report compares SLAB to some of its peers using value stock charts. The market cap of SLAB is $2.95 billion. SLAB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.