News stories about Silicom (NASDAQ:SILC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silicom earned a news impact score of 0.16 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 47.3614007708801 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Silicom (NASDAQ SILC) traded up 1.18% during midday trading on Friday, hitting $70.28. The company’s stock had a trading volume of 36,803 shares. The firm has a market cap of $523.23 million, a price-to-earnings ratio of 36.40 and a beta of 1.24. Silicom has a 12-month low of $34.46 and a 12-month high of $73.68. The firm has a 50-day moving average of $59.48 and a 200 day moving average of $52.69.
Silicom (NASDAQ:SILC) last posted its earnings results on Wednesday, October 25th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.04. Silicom had a return on equity of 12.94% and a net margin of 13.68%. The firm had revenue of $32.30 million for the quarter, compared to analyst estimates of $31.11 million. During the same quarter in the prior year, the company earned $0.53 EPS. Silicom’s revenue was up 30.8% on a year-over-year basis. On average, equities research analysts predict that Silicom will post $2.74 EPS for the current fiscal year.
A number of equities analysts recently issued reports on SILC shares. BidaskClub upgraded Silicom from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Needham & Company LLC upped their target price on Silicom from $67.00 to $75.00 and gave the stock a “buy” rating in a report on Thursday.
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Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server-based systems and communications devices. The Company’s products include server network interface cards with and without bypass (Server Adapters); Intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features and/or compute blades (Smart Cards), and standalone Products.
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