SLAB stock: buy or sell?

SLAB stock price: $111.86 -0.56% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of Silicon Laboratories decreased a bad -0.56% and closed at $111.86.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is SLAB a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-23Benchmarkn/aBuy
2019-6-25Wells Fargo & Con/aOutperform
2019-1-31Needham & Company LLCBuyHold
2019-1-31Barclaysn/aHold
2019-1-30Benchmarkn/aBuy
2019-1-24Needham & Company LLCn/aBuy

SLAB stock analysis

Daily outlook

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.

SLAB stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $101.30

Predicting 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:
SLAB stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-25Wells Fargo & CoInitiatesn/a$125.00-
2019-1-31BarclaysReiteratesn/a$80.00-
2019-1-30BenchmarkLowers Target$110.00$100.00-9.1%
2019-1-24Needham & Company LLCReiteratesn/a$100.00-
(in average)$110.00$101.30-8.0%
The price prediction for Silicon Laboratories stock is $101.30, moving in a range between $125.00 and $80.00. In average, analysts' outlook on SLAB price forecast is negative, downsizing the forecast by a -8.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After 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.
SLAB earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.38n/a
2017-Q32017-10-250.810.911.1%
2017-Q42018-01-310.860.938.1%
2018-Q12018-04-250.530.6522.6%
2018-Q22018-07-250.590.6916.9%
2018-Q32018-10-240.740.8616.2%
2018-Q42019-01-300.70.67-4.3%
2019-Q12019-04-230.47n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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%

SLAB annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$580 M-$50 M8.6%-
2014$621 M7.00%$38 M6.1%-23.68%
2015$645 M3.89%$30 M4.6%-22.19%
2016$698 M8.19%$61 M8.8%107.85%
2017$769 M10.21%$47 M6.1%-23.42%
2018$868 M12.93%$84 M9.6%77.51%
TTM $851 M-1.99%$63 M7.4%-25.13%

Quarterly financial results

Silicon 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.
SLAB quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$190 M-$17 M8.7%-
2017-Q3$199 M4.53%$20 M10.0%20.40%
2017-Q4$201 M1.16%$-5 M-2.4%-124.32%
2018-Q1$205 M2.17%$26 M12.9%-644.21%
2018-Q2$217 M5.71%$14 M6.6%-45.92%
2018-Q3$230 M6.05%$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 ownership

When 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:

SLABADICYMCHPMXIM
Market cap$4.8 B$42.6 B$8.6 B$22.0 B$15.9 B
Total shares43.3 M369.4 M369.3 M238.0 M271.3 M
Float shares42.5 M367.9 M367.3 M232.7 M269.2 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 selling0.0%0.0%0.0%0.0%0.0%

SLAB summary

Friday, September 20th, 2019
Open$112.54
Close$111.86
Day range$110.55 - $112.87
Previous close$112.49
Session gain-0.56%
Average true range$3.00
50d mov avg$108.48
100d mov avg$103.81
200d mov avg$94.27
Daily pattern
Weekly pattern

Silicon Laboratories performance

Stocks 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:
Stock3m6m12m
SLABSilicon Laborator...15.65%39.03%19.06%
ADIAnalog Devices1.97%8.53%24.56%
CYCypress Semicondu...5.35%57.45%49.84%
MCHPMicrochip Technol...9.13%9.20%13.74%
MXIMMaxim Integrated ...1.04%9.84%1.72%
SMTCSemtech2.46%-10.35%-17.17%
TXNTexas Instruments13.45%16.94%18.46%

Silicon Laboratories competitors

We picked a few stocks to conform a list of Silicon Laboratories competitors to check if you are interested in investing in SLAB: