Silicom (SILC) Getting Somewhat Favorable Press Coverage, Accern Reports
Headlines about Silicom (NASDAQ:SILC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press 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 daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 46.2938870855189 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several equities analysts recently commented on SILC shares. Needham & Company LLC reissued a “buy” rating and issued a $67.00 target price (up previously from $60.00) on shares of Silicom in a report on Tuesday, July 25th. BidaskClub lowered Silicom from a “buy” rating to a “hold” rating in a report on Saturday, August 5th.
Silicom (SILC) traded up 1.42% during trading on Friday, reaching $57.79. The company had a trading volume of 16,015 shares. Silicom has a 52-week low of $34.46 and a 52-week high of $59.00. The company has a market capitalization of $430.25 million, a PE ratio of 29.93 and a beta of 1.22. The stock has a 50 day moving average price of $53.83 and a 200-day moving average price of $49.57.
Silicom (NASDAQ:SILC) last released its quarterly earnings results on Monday, July 24th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.05. Silicom had a net margin of 13.34% and a return on equity of 11.94%. The firm had revenue of $30.30 million for the quarter, compared to the consensus estimate of $28.33 million. During the same quarter in the previous year, the firm posted $0.63 EPS. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. On average, equities research analysts anticipate that Silicom will post $2.74 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: “Silicom (SILC) Getting Somewhat Favorable Press Coverage, Accern Reports” was first posted by Daily Political and is the property of of Daily Political. If you are viewing this story on another site, it was illegally stolen and reposted in violation of international copyright and trademark legislation. The original version of this story can be viewed at https://www.dailypolitical.com/2017/09/24/silicom-silc-getting-somewhat-favorable-press-coverage-accern-reports.html.
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.
Receive News & Ratings for Silicom Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicom Ltd and related companies with MarketBeat.com's FREE daily email newsletter.