SLAB stock: buy or sell?
September 20th, 2019
Silicon Laboratories Inc., a fabless semiconductor company, designs, develops, and markets mixed-signal integrated circuits (ICs) in the United States, China, and internationally.
Should I buy SLAB stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Silicon Laboratories stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Silicon Laboratories stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 6 ratings published for SLAB stock in the last 30 days. The general sentiment of these ratings is bullish for SLAB stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-25||Wells Fargo & Co||n/a||Outperform|
|2019-1-31||Needham & Company LLC||Buy||Hold|
|2019-1-24||Needham & Company LLC||n/a||Buy|
SLAB stock analysis
Silicon Laboratories shares decreased -0.56% to $111.86 today.
Silicon Laboratories decreased a bad -0.56% and closed at $111.86. Since May when SMA100d and SMA200d crossed up, SLAB price gained $16.52 per share (17.33%). On August/28 SLAB price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock. On July, SLAB hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers.
Silicon Laboratories closed this week at $111.86 and slightly fell a fatal -2.20%. Late July SLAB collapsed a hair-raising -7.29% in just one week.
Not so far away is the last all-time high Silicon Laboratories marked late July. Since SMA20d and SMA40w crossed up by mid May, SLAB price climbed $10.42 per share (10.27%). Since price and SMA40w lines crossed up early April, SLAB climbed $25.74 (29.89%).
SLAB stock price history
SLAB IPO was on March 24th, 2000 at $63.00 per share1. Since then, SLAB stock surged a 77.60%, with a yearly average of 4.10%. If you had invested $1,000 in SLAB stock in 2000, it would worth $776.00 today.
1: Adjusted price after possible price splits or reverse-splits.
SLAB stock historical price chart
SLAB stock reached all-time highs on July with a price of $115.29.
SLAB stock price target is $101.30Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 4 price targets for Silicon Laboratories stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-25||Wells Fargo & Co||Initiates||n/a||$125.00||-|
|2019-1-24||Needham & Company LLC||Reiterates||n/a||$100.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on April, Silicon Laboratories . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Silicon Laboratories annual turnover rocketed an astounding 12.93% to $868.27 million dollars from $768.87 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) raised a 3.50% to 9.63%. Silicon Laboratories presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Silicon Laboratories TTM sales up to March 2019 were $851.00 and income $62.58 million dollars. If we compare this TTM figures with the last reported annuality, we can review Silicon Laboratories business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, decreased an unpleasant -1.99%. Regarding profit margin, Silicon Laboratories depreciated -2.27% to 9.63%
|2013||$580 M||-||$50 M8.6%||-|
|2014||$621 M||7.00%||$38 M6.1%||-23.68%|
|2015||$645 M||3.89%||$30 M4.6%||-22.19%|
|2016||$698 M||8.19%||$61 M8.8%||107.85%|
|2017||$769 M||10.21%||$47 M6.1%||-23.42%|
|2018||$868 M||12.93%||$84 M9.6%||77.51%|
|TTM||$851 M||-1.99%||$63 M7.4%||-25.13%|
Quarterly financial resultsSilicon Laboratories reported $188.11 M in sales for 2019-Q1, a -12.72% less compared to previous quarter. Reported quarter earnings marked $5.40 million with a profit margin of 2.87%. Profit margin declined a -4.16% compared to previous quarter when profit margin was 7.03%. When comparing sales to same quarter last year, Silicon Laboratories sales marked a godawful loss and fell a -8.41%. Looking back to recent quarterly results, Silicon Laboratories posted 2 negative quarters in a row.
|2017-Q2||$190 M||-||$17 M8.7%||-|
|2017-Q3||$199 M||4.53%||$20 M10.0%||20.40%|
|2017-Q4||$201 M||1.16%||$-5 M-2.4%||-124.32%|
|2018-Q1||$205 M||2.17%||$26 M12.9%||-644.21%|
|2018-Q2||$217 M||5.71%||$14 M6.6%||-45.92%|
|2018-Q3||$230 M||6.05%||$28 M12.1%||94.40%|
|2018-Q4||$216 M||-6.39%||$15 M7.0%||-45.45%|
|2019-Q1||$188 M||-12.72%||$5 M2.9%||-64.36%|
Silicon Laboratories ownershipWhen you are planning to buy shares of a company, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Silicon Laboratories, 1.97% of all outstanding shares are owned by its staff.
Bearish positions for SLAB stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$4.8 B||$42.6 B||$8.6 B||$22.0 B||$15.9 B|
|Total shares||43.3 M||369.4 M||369.3 M||238.0 M||271.3 M|
|Float shares||42.5 M||367.9 M||367.3 M||232.7 M||269.2 M|
|- Institutional holdings (%)||95.0%||92.5%||83.7%||117.6%||100.0%|
|- Insider holdings (%)||2.0%||0.3%||0.6%||2.2%||0.7%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$110.55 - $112.87|
|Average true range||$3.00|
|50d mov avg||$108.48|
|100d mov avg||$103.81|
|200d mov avg||$94.27|
Silicon Laboratories performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Silicon Laboratories performance to Analog Devices, Cypress Semiconductor, Microchip Technology, Maxim Integrated Products, Semtech and Texas Instruments:
|MXIMMaxim Integrated ...||1.04%||9.84%||1.72%|