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Silicon Motion (SIMO) Stock Sinks As Market Gains: Here's Why
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Silicon Motion (SIMO - Free Report) ended the recent trading session at $72.41, demonstrating a -1.44% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.14%. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq appreciated by 0.27%.
Prior to today's trading, shares of the chip company had gained 9.72% outpaced the Computer and Technology sector's gain of 5.36% and the S&P 500's gain of 3.97%.
The investment community will be closely monitoring the performance of Silicon Motion in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2025. The company's upcoming EPS is projected at $0.52, signifying a 45.83% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $180.4 million, down 14.37% from the year-ago period.
SIMO's full-year Zacks Consensus Estimates are calling for earnings of $3.41 per share and revenue of $815.03 million. These results would represent year-over-year changes of -0.58% and +1.43%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Silicon Motion. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.21% higher. Silicon Motion is holding a Zacks Rank of #2 (Buy) right now.
In the context of valuation, Silicon Motion is at present trading with a Forward P/E ratio of 21.52. This expresses a premium compared to the average Forward P/E of 19.22 of its industry.
Also, we should mention that SIMO has a PEG ratio of 10.15. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Computer - Integrated Systems industry held an average PEG ratio of 4.22.
The Computer - Integrated Systems industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 32, placing it within the top 13% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Silicon Motion (SIMO) Stock Sinks As Market Gains: Here's Why
Silicon Motion (SIMO - Free Report) ended the recent trading session at $72.41, demonstrating a -1.44% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.14%. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq appreciated by 0.27%.
Prior to today's trading, shares of the chip company had gained 9.72% outpaced the Computer and Technology sector's gain of 5.36% and the S&P 500's gain of 3.97%.
The investment community will be closely monitoring the performance of Silicon Motion in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2025. The company's upcoming EPS is projected at $0.52, signifying a 45.83% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $180.4 million, down 14.37% from the year-ago period.
SIMO's full-year Zacks Consensus Estimates are calling for earnings of $3.41 per share and revenue of $815.03 million. These results would represent year-over-year changes of -0.58% and +1.43%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Silicon Motion. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.21% higher. Silicon Motion is holding a Zacks Rank of #2 (Buy) right now.
In the context of valuation, Silicon Motion is at present trading with a Forward P/E ratio of 21.52. This expresses a premium compared to the average Forward P/E of 19.22 of its industry.
Also, we should mention that SIMO has a PEG ratio of 10.15. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Computer - Integrated Systems industry held an average PEG ratio of 4.22.
The Computer - Integrated Systems industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 32, placing it within the top 13% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.