Silicon Laboratories Inc (NASDAQ: SLAB) is -13.62% lower on its value in year-to-date trading and has touched a low of $74.56 and a high of $168.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLAB stock was last observed hovering at around $125.41 in the last trading session, with the day’s loss setting it -11.15%.
Currently trading at $114.26, the stock is -11.96% and -15.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -8.89% at the moment leaves the stock -9.42% off its SMA200. SLAB registered -30.38% loss for a year compared to 6-month gain of 14.37%.
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The stock witnessed a -13.83% loss in the last 1 month and extending the period to 3 months gives it a -14.10%, and is -5.98% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.88% over the week and 3.99% over the month.
Silicon Laboratories Inc (SLAB) has around 1846 employees, a market worth around $3.65B and $782.26M in sales. Fwd P/E is 36.73. Profit margin for the company is -4.41%. Distance from 52-week low is 53.25% and -32.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.81%).
The EPS is expected to shrink by -159.71% this year
The shares outstanding are 31.90M, and float is at 31.28M with Short Float at 4.98%.
Silicon Laboratories Inc (SLAB) Insider Activity
The most recent transaction is an insider sale by Johnson Robert Matthew, the company’s President & CEO. SEC filings show that Johnson Robert Matthew sold 3,679 shares of the company’s common stock on Dec 04 ’23 at a price of $108.22 per share for a total of $0.4 million. Following the sale, the insider now owns 31050.0 shares.
Silicon Laboratories Inc disclosed in a document filed with the SEC on Oct 02 ’23 that Johnson Robert Matthew (President & CEO) sold a total of 3,534 shares of the company’s common stock. The trade occurred on Oct 02 ’23 and was made at $115.23 per share for $0.41 million. Following the transaction, the insider now directly holds 34729.0 shares of the SLAB stock.
Still, SEC filings show that on Aug 02 ’23, Johnson Robert Matthew (President & CEO) disposed off 3,498 shares at an average price of $144.06 for $0.5 million. The insider now directly holds 38,263 shares of Silicon Laboratories Inc (SLAB).
