Silicom (SILC) Set to Announce Quarterly Earnings on Thursday

Silicom (NASDAQ:SILC) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, October 28th. Silicom has set its Q3 2021 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.

Silicom (NASDAQ:SILC) last released its quarterly earnings data on Thursday, July 29th. The technology company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.08. The firm had revenue of $30.28 million for the quarter. Silicom had a net margin of 6.22% and a return on equity of 4.83%.

SILC stock opened at $40.88 on Wednesday. The company has a market cap of $282.03 million, a P/E ratio of 38.21 and a beta of 0.73. Silicom has a 52 week low of $34.51 and a 52 week high of $59.27. The company’s 50-day moving average price is $42.35 and its 200 day moving average price is $42.81.

An institutional investor recently raised its position in Silicom stock. Morgan Stanley raised its holdings in Silicom Ltd. (NASDAQ:SILC) by 34.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,348 shares of the technology company’s stock after purchasing an additional 19,758 shares during the period. Morgan Stanley owned 1.12% of Silicom worth $3,408,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 50.77% of the company’s stock.

Separately, TheStreet downgraded shares of Silicom from a “b” rating to a “c+” rating in a report on Monday, September 13th.

Silicom Company Profile

Silicom Ltd. engages in the provision of networking and data infrastructure solutions. The firm operates through the following geographical segments: North America, Europe, and Asia Pacific. Its products include server adapters, smart cards, bypass switches and intelligent bypass switches. The company was founded by Avi Eizenman, Yehuda Zisapel, and Zohar Zisapel in 1987 and is headquartered in Kfar Saba, Israel.

Further Reading: What is the Stochastic Momentum Index (SMI)?

Earnings History for Silicom (NASDAQ:SILC)

Receive News & Ratings for Silicom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicom and related companies with's FREE daily email newsletter.