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.
Many analysts weighed in on price targets for SLAB. The most optimistic analyst gave a price target of 88, which equates to a potential upside of 13.99 percent. The lowest price target was 71, implying potential capital losses of -8.03 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of SLAB to grow at a rate of 35.21 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. SLAB has a PEG ratio of 1.31.
In the trailing 52-weeks, SLAB hit 78.45 at the highest peak, while it's lowest trading point was 51.78. Today's price is 49.09 percent above the 52-week low, and 1.59 percent below the 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 market cap of SLAB is $2.95 billion. SLAB will post this quarters earnings in days, on 0000-00-00.