Media stories about Silicon Laboratories (NASDAQ:SLAB) have trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Silicon Laboratories earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 45.9697544711263 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Silicon Laboratories (NASDAQ SLAB) opened at $98.15 on Thursday. Silicon Laboratories has a 52 week low of $63.75 and a 52 week high of $98.70. The company has a debt-to-equity ratio of 0.40, a quick ratio of 5.20 and a current ratio of 5.66. The stock has a market capitalization of $4,200.00, a P/E ratio of 58.77, a P/E/G ratio of 2.45 and a beta of 1.37.

Silicon Laboratories (NASDAQ:SLAB) last posted its earnings results on Wednesday, October 25th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.09. Silicon Laboratories had a return on equity of 11.06% and a net margin of 9.60%. The business had revenue of $198.70 million during the quarter, compared to analysts’ expectations of $196.20 million. During the same period in the prior year, the business earned $0.77 EPS. Silicon Laboratories’s revenue for the quarter was up 11.6% compared to the same quarter last year. analysts anticipate that Silicon Laboratories will post 2.27 earnings per share for the current year.

A number of analysts have recently commented on the company. Zacks Investment Research cut Silicon Laboratories from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Stifel Nicolaus upped their price target on Silicon Laboratories from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, October 12th. Needham & Company LLC upped their price target on Silicon Laboratories from $85.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Roth Capital upped their price target on Silicon Laboratories from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, October 24th. Finally, Barclays reaffirmed a “neutral” rating on shares of Silicon Laboratories in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $99.44.

In other news, Director William P. Wood sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $91.30, for a total transaction of $456,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William G. Bock sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $89.24, for a total transaction of $223,100.00. Following the transaction, the director now directly owns 43,426 shares of the company’s stock, valued at $3,875,336.24. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,700 shares of company stock valued at $1,160,750. 34.82% of the stock is owned by company insiders.

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About Silicon Laboratories

Silicon Laboratories Inc is a provider of silicon, software and solutions for the Internet of Things (IoT), Internet infrastructure, industrial, consumer and automotive markets. The Company operates through mixed-signal analog intensive products segment. It provides analog-intensive, mixed-signal solutions for use in a range of electronic products in various applications for the IoT market.

Insider Buying and Selling by Quarter for Silicon Laboratories (NASDAQ:SLAB)

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