Summary

61.17 0.18(0.30%)10/04/2024
Silicon Motion Technology Corp (SIMO)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
0.480.963.70-25.96-23.4515.4884.13659.53


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Trading Data
Close61.17
Open62.09
High62.30
Low60.59
Volume209,467
Change0.29
Change %0.48
Avg Volume (20 Days)256,404
Volume/Avg Volume (20 Days) Ratio0.82
52 Week Range50.85 - 85.87
Price vs 52 Week High-28.76%
Price vs 52 Week Low20.29%
Range-1.48
Gap Up/Down1.11
Fundamentals
Market Capitalization (Mln)2,054
EBIDTA79,424,000
PE Ratio43.0565
PEG Ratio-4.4300
WallStreet Target Price92.11
Book Value22.4860
Earnings Per Share1.7700
EPS Estimate Current Quarter0.5700
EPS Estimate Next Quarter0.8000
EPS Estimate Current Year3.4600
EPS Estimate Next Year5.0100
Diluted EPS (TTM)1.7700
Revenues
Profit Marging0.0834
Operating Marging (TTM)0.0948
Return on asset (TTM)0.0369
Return on equity (TTM)0.0782
Revenue TTM704,384,000
Revenue per share TTM21.0670
Quarterly Revenue Growth (YOY)0.5260
Quarterly Earnings Growth (YOY)0.5620
Gross Profit (TTM)473,885,000
Dividends
Dividend Share0.0000
Dividend Yield0.0262
Valuations
Trailing PE43.0565
Forward PE21.8341
Price Sales (TTM)0.0000
Price Book (MRQ)3.4221
Revenue Enterprise Value 3.5755
EBITDA Enterprise Value38.0109
Shares
Shares Outstanding33,681,600
Shares Float127,087,802
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.03
Insider (%)0.00
Institutions (%)83.27


10/01 19:06 EST - zacks.com
Why Silicon Motion (SIMO) Dipped More Than Broader Market Today
Silicon Motion (SIMO) closed the most recent trading day at $59.57, moving -1.93% from the previous trading session.
09/30 10:01 EST - zacks.com
Silicon Motion Technology Corporation (SIMO) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.
09/25 19:05 EST - zacks.com
Why the Market Dipped But Silicon Motion (SIMO) Gained Today
In the most recent trading session, Silicon Motion (SIMO) closed at $57.09, indicating a +0.25% shift from the previous trading day.
09/19 19:06 EST - zacks.com
Silicon Motion (SIMO) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the closing of the recent trading day, Silicon Motion (SIMO) stood at $55.86, denoting a +1.21% change from the preceding trading day.
09/17 10:32 EST - zacks.com
Wall Street Analysts Think Silicon Motion (SIMO) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
09/04 10:00 EST - zacks.com
Silicon Motion Technology Corporation (SIMO) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.
08/16 12:04 EST - invezz.com
BofA downgrades Silicon Motion, slashes price target to $60: Time to sell or hold?
Silicon Motion Technology Corp. (NASDAQ: SIMO) is grappling with a significant blow as Bank of America (BofA) downgrades the stock from a Buy to an Underperform rating and slashes its price target from $90 to $60. This drastic revision points to a potential downside of approximately 6.
08/08 09:58 EST - seekingalpha.com
Silicon Motion: Now Attractively Valued Amid Strong Q2 Results (Rating Upgrade)
SIMO is a global leader in NAND flash and SSD controllers, leveraging its extensive patent portfolio to achieve consistent innovation, secure market dominance, and deliver strong long-term earnings. Despite a growth rate contraction expected, SIMO's 2025 growth forecasts still make it a Strong Buy, with a potential 50% price increase in 12 months. Supply chain risks and regulatory challenges in the semiconductor sector could impact SIMO's growth, but its strong market position and innovation history offset these concerns.
08/07 07:15 EST - investorplace.com
3 Data Center Stocks Poised to Grow 10X as AI Demand Surges
Artificial intelligence (AI) is rapidly expanding into various industries. However, not all companies have been able to benefit from this growth immediately.
08/06 10:41 EST - zacks.com
Here's Why Silicon Motion (SIMO) is a Strong Value Stock
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08/05 09:00 EST - prnewswire.com
Silicon Motion Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024
The Company Also Showcases SSD Solutions for Enterprise, PC, and Automotive AI Applications TAIPEI and MILPITAS, Calif. , Aug. 5, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced SM2508 , the best power efficiency PCIe Gen5 NVMe 2.0 client SSD controller for AI PCs and gaming consoles.
08/02 11:55 EST - zacks.com
Silicon Motion (SIMO) Tops Q2 Earnings & Revenue Estimates
Silicon Motion (SIMO) reports solid second-quarter 2024 results, driven by healthy demand trends.
08/01 18:00 EST - globenewswire.com
Silicon Motion Announces Results for the Period Ended June 30, 2024
Business Highlights Second quarter of 2024 sales increased 11% Q/Q and increased 50% Y/Y SSD controller sales:  2Q of 2024 increased 0% to 5% Q/Q and increased 25% to 30% Y/Y eMMC+UFS controller sales:  2Q of 2024 increased 25% to 30% Q/Q and increased 190% to 195% Y/Y SSD solutions sales:  2Q of 2024 increased 20% to 25% Q/Q and decreased 5% to 10% Y/Y Financial Highlights   2 Q 202 4 GAAP 2 Q 202 4 Non-GAAP • Net sales $210.7 million (+11% Q/Q, +50% Y/Y) $210.7 million (+11% Q/Q, +50% Y/Y) • Gross margin 45.9% 46.0% • Operating margin 14.6% 16.5% • Earnings per diluted ADS $0.91  $0.96 TAIPEI, Taiwan and MILPITAS, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”) today announced its financial results for the quarter ended June 30, 2024.
07/26 10:36 EST - zacks.com
Down -14.48% in 4 Weeks, Here's Why Silicon Motion (SIMO) Looks Ripe for a Turnaround
Silicon Motion (SIMO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
07/25 13:01 EST - zacks.com
Silicon Motion (SIMO) to Report Q2 Earnings: What's in Store?
Silicon Motion (SIMO) is expected to report a top-line growth year over year in the second quarter, backed by rising demand for SSD controllers, as well as eMMC and UFS controllers.
07/25 10:01 EST - zacks.com
Investors Heavily Search Silicon Motion Technology Corporation (SIMO): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.
07/25 07:16 EST - zacks.com
Best Growth Stocks to Buy for July 25th
SIMO, DESP and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 25, 2024.