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.
Investment analysts gave a few price targets for SLAB. The highest price target was 88, implying a possible profit of 13.99 percent. The lowest price target was 71, implying a possible loss of -8.03 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.34 percent, as compared to a month ago. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
SLAB has an estimated earnings growth rate of 35.21 percent as forecasted by analysts. Another measure frequently examined by investors is 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. SLAB has a PEG ratio of 1.31.
SLAB has traded between a high of 78.45 and a low of 51.78 over the past year. Currently the stock is 49.09 percent higher than its low, and 1.59 percent lower than its 52-week high. SLAB has a price/earnings 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 stock has a market capitalization of $2.95 billion. SLAB's next earnings release will be on 0000-00-00, which is days away.