Media stories about Silicon Laboratories (NASDAQ:SLAB) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Silicon Laboratories earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 46.1166366277433 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.
Silicon Laboratories (NASDAQ:SLAB) traded down $1.05 on Wednesday, reaching $97.05. The company had a trading volume of 242,377 shares, compared to its average volume of 238,339. The company has a market capitalization of $4,345.14, a PE ratio of 89.04, a PEG ratio of 2.67 and a beta of 1.38. The company has a current ratio of 5.84, a quick ratio of 5.39 and a debt-to-equity ratio of 0.36. Silicon Laboratories has a 1-year low of $66.35 and a 1-year high of $101.90.
Silicon Laboratories (NASDAQ:SLAB) last released its earnings results on Wednesday, January 31st. The semiconductor company reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.07. The business had revenue of $201.02 million for the quarter, compared to analysts’ expectations of $197.93 million. Silicon Laboratories had a return on equity of 11.11% and a net margin of 6.12%. The firm’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 earnings per share. equities research analysts predict that Silicon Laboratories will post 2.52 EPS for the current year.
In other Silicon Laboratories news, SVP Brandon Tolany sold 18,235 shares of the company’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $95.00, for a total transaction of $1,732,325.00. Following the completion of the sale, the senior vice president now directly owns 69,501 shares in the company, valued at $6,602,595. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Sandeep P. Kumar sold 5,750 shares of the company’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $100.00, for a total transaction of $575,000.00. Following the sale, the senior vice president now owns 41,633 shares of the company’s stock, valued at $4,163,300. The disclosure for this sale can be found here. In the last three months, insiders sold 35,676 shares of company stock worth $3,378,918. 1.96% of the stock is owned by 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.
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