Stock To Watch: Silicon Laboratories, Inc. (NASDAQ:SLAB)


The leading market experts have placed a mean price target of $53.11 on Silicon Laboratories, Inc. (NASDAQ:SLAB) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.63 a share for the upcoming quarter and $2.42 for the current fiscal. Technical View The technical analysis of Silicon Laboratories, Inc. plainly substantiates that the 50-day moving average of Silicon Laboratories, Inc. is $48.56, and stock is hovering -0.49 or -1.02% distant from $48.56. It is noted that the 200-day MA is $45.64, and Silicon Laboratories, Inc. stock is $2.43 or +5.32% off from this point. Silicon Laboratories, Inc. (NASDAQ:SLAB) 52-week high is $54.72 and the 52-week low is $36.56. This explains if the stock moves $-6.65, it will post a 52-week high. In event of $+31.48% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Silicon Laboratories, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Silicon Laboratories, Inc. (NASDAQ:SLAB) ratio came in at 70.59. The stock last ended the trading session at $48.07 and registered a market cap of $2.01B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Silicon Laboratories, Inc. (NASDAQ:SLAB) PEG ratio is at 1.99.

1 Chart Pattern Every Investor Should Know

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