Silicon Motion (SIMO) Stock Declines While Market Improves: Some Information for Investors

Core Insights - Silicon Motion's stock closed at $98.85, down 3.15% from the previous day, underperforming the S&P 500's slight gain of 0.01% [1] - Over the past month, Silicon Motion's shares increased by 25.75%, significantly outperforming the Computer and Technology sector's gain of 10.49% and the S&P 500's gain of 4.83% [1] Earnings Performance - Upcoming earnings per share (EPS) for Silicon Motion are projected at $0.88, reflecting a 4.35% decrease year-over-year [2] - Revenue is estimated to be $227.87 million, indicating a 7.28% growth compared to the same quarter last year [2] Annual Forecast - For the entire year, earnings are forecasted at $3.35 per share and revenue at $840.76 million, showing changes of -2.33% and +4.63% respectively from the previous year [3] - Recent analyst estimate revisions suggest confidence in the company's business performance and profit potential [3] Valuation Metrics - Silicon Motion has a Forward P/E ratio of 30.45, which is higher than the industry average of 25 [6] - The company has a PEG ratio of 4.33, compared to the Computer - Integrated Systems industry's average PEG ratio of 1.82 [6] Industry Context - The Computer - Integrated Systems industry is ranked 19th by Zacks, placing it in the top 8% of over 250 industries [7] - Strong industry rankings correlate with stock performance, with the top 50% of rated industries outperforming the bottom half by a factor of 2 to 1 [7]