Company Performance - Silicon Motion's stock closed at $54.61, with a daily increase of +1.94%, outperforming the S&P 500, which fell by 0.51% [1] - Over the past month, shares of Silicon Motion have decreased by 1.98%, underperforming the Computer and Technology sector's gain of 0.79% and the S&P 500's gain of 2.87% [1] Earnings Forecast - The upcoming earnings release for Silicon Motion is scheduled for February 5, 2025, with projected EPS of $0.84, indicating a 9.68% decline compared to the same quarter last year [2] - Revenue is estimated at $195.55 million, reflecting a 3.37% decrease from the equivalent quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Silicon Motion indicate short-term business trends, with positive revisions suggesting analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - Silicon Motion currently holds a Zacks Rank of 4 (Sell), with the consensus EPS estimate moving 1.25% lower over the past month [5] - The company has a Forward P/E ratio of 13.53, aligning with the industry average, and a PEG ratio of 0.95, compared to the industry average PEG ratio of 1.73 [6] Industry Context - The Computer - Integrated Systems industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 165, placing it in the bottom 35% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Company Performance - Silicon Motion (SIMO) closed at $52.63, reflecting a +1.29% change from the previous day, outperforming the S&P 500's gain of 0.88% [1] - Over the past month, shares of Silicon Motion have depreciated by 7.33%, underperforming the Computer and Technology sector's gain of 0.37% and the S&P 500's gain of 1.17% [1] Upcoming Earnings - The upcoming earnings release for Silicon Motion is scheduled for February 5, 2025, with an expected EPS of $0.84, indicating a 9.68% decrease from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $195.55 million, down 3.37% from the year-ago period [2] Analyst Estimates - Recent adjustments to analyst estimates for Silicon Motion may indicate changing near-term business trends, with positive revisions suggesting optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with a current Zacks Rank of 4 (Sell) for Silicon Motion [4][5] Valuation Metrics - Silicon Motion has a Forward P/E ratio of 13.12, compared to the industry average of 18.3, suggesting it is trading at a discount [6] - The company holds a PEG ratio of 0.92, while the Computer - Integrated Systems industry has an average PEG ratio of 1.89, indicating favorable valuation relative to growth expectations [7] Industry Context - The Computer - Integrated Systems industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 151, placing it in the bottom 40% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Silicon Motion (SIMO) .Silicon Motion currently has an average brokerage r ...

Company Performance - Silicon Motion's stock closed at $50.53, reflecting a slight increase of +0.2% from the previous day, but underperformed compared to the S&P 500's gain of 1.83% [1] - Over the past month, Silicon Motion's shares have decreased by 16.16%, significantly lagging behind the Computer and Technology sector's loss of 3.84% and the S&P 500's loss of 3.31% [1] Upcoming Earnings - The upcoming earnings report for Silicon Motion is scheduled for February 5, 2025, with analysts expecting earnings of $0.73 per share, indicating a year-over-year decline of 21.51% [2] - Revenue is anticipated to be $195.55 million, representing a 3.37% decrease compared to the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for Silicon Motion should be monitored, as positive estimate revisions can indicate optimism regarding the company's business outlook [3] Valuation Metrics - Silicon Motion currently has a Forward P/E ratio of 12.73, which is lower than the industry's Forward P/E of 17.36, suggesting a valuation discount [6] - The company has a PEG ratio of 0.9, compared to the average PEG ratio of 1.84 for the Computer - Integrated Systems industry [6] Industry Ranking - The Computer - Integrated Systems industry, which includes Silicon Motion, has a Zacks Industry Rank of 147, placing it in the bottom 42% of over 250 industries [7] - Research indicates that industries in the top 50% of the Zacks Industry Rank tend to outperform those in the bottom half by a factor of 2 to 1 [7]

TAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary fourth quarter financial results, revenue is expected to be at the low end of its original guidance range of $191 million to $202 million, which the Company issued on October 31, 2024. Gross margin (non-GAAP) is expected to be near th ...

In the latest market close, Silicon Motion (SIMO) reached $56.49, with a +0.74% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 1.1% for the day. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, added 1.35%.Shares of the chip company have appreciated by 0.47% over the course of the past month, underperforming the Computer and Technology sector's gain of 5.09% and outperforming the S&P 500's gain of 0.22%.The investment community will ...

In the latest trading session, Silicon Motion (SIMO) closed at $56.15, marking a +0.05% move from the previous day. This change lagged the S&P 500's 0.82% gain on the day. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq appreciated by 1.77%.Coming into today, shares of the chip company had gained 9.76% in the past month. In that same time, the Computer and Technology sector gained 1.43%, while the S&P 500 gained 0.8%.Market participants will be closely following the financial result ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Silicon Motion (SIMO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Silicon Motion currently has an aver ...

Silicon Motion Technology (NASDAQ: SIMO ) recently reported its third quarter of 2024 at the end of October with a nice beat on revenue and EPS but came in short of guidance. The outlook caused the stock toI’m a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Silicon Motion (SIMO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Silicon Motion currently has an average brokerage recomme ...