Silicom (SILC) Given Daily Media Sentiment Score of 0.23
Headlines about Silicom (NASDAQ:SILC) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Silicom earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.4169931573931 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Silicom (SILC) opened at 52.48 on Tuesday. The firm has a market capitalization of $389.40 million, a PE ratio of 27.12 and a beta of 1.22. The company’s 50-day moving average is $48.76 and its 200-day moving average is $45.61. Silicom has a 52-week low of $34.46 and a 52-week high of $56.99.
Silicom (NASDAQ:SILC) last announced its earnings results on Monday, July 24th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.05. The business had revenue of $30.30 million for the quarter, compared to the consensus estimate of $28.33 million. Silicom had a net margin of 13.34% and a return on equity of 11.94%. Silicom’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period last year, the firm posted $0.63 earnings per share. Analysts forecast that Silicom will post $2.74 EPS for the current fiscal year.
Several equities analysts have recently commented on SILC shares. Needham & Company LLC boosted their target price on shares of Silicom from $56.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, April 28th. BidaskClub upgraded shares of Silicom from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th.
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Silicom Company Profile
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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