Silicon Laboratories (SLAB) Analysts See $0.50 EPS

July 18, 2017 - By Darrin Black

 Silicon Laboratories (SLAB) Analysts See $0.50 EPS
Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.74, from 1.79 in 2016Q3. It fall, as 17 investors sold Silicon Laboratories shares while 79 reduced holdings. 29 funds opened positions while 72 raised stakes. 36.38 million shares or 0.84% less from 36.69 million shares in 2016Q3 were reported.
Credit Suisse Ag owns 60,070 shares for 0% of their portfolio. Prudential Finance holds 0.03% of its portfolio in Silicon Laboratories (NASDAQ:SLAB) for 263,133 shares. Amalgamated Savings Bank stated it has 5,692 shares or 0.02% of all its holdings. Massachusetts Fin Service Ma holds 0.03% or 832,397 shares. Irving Magee Invest Mgmt owns 155,151 shares. Strs Ohio holds 0.01% or 21,400 shares. Credit Agricole S A accumulated 4,774 shares. Northern invested in 0.01% or 677,318 shares. Deutsche National Bank & Trust Ag stated it has 0.01% in Silicon Laboratories (NASDAQ:SLAB). D E Shaw & Inc holds 0.01% or 47,790 shares. Rice Hall James & Associate Ltd Liability reported 261,940 shares stake. Insight Cap Research & Mgmt owns 45,288 shares. Meeder Asset Management stated it has 0% in Silicon Laboratories (NASDAQ:SLAB). Bankshares Of America Corp De holds 0% or 121,487 shares in its portfolio. Panagora Asset Incorporated owns 0.01% invested in Silicon Laboratories (NASDAQ:SLAB) for 32,500 shares.

Since January 31, 2017, it had 0 buys, and 13 selling transactions for $14.12 million activity. 26,826 shares were sold by Tolany Brandon, worth $1.91 million. The insider SOOCH NAVDEEP S sold 50,000 shares worth $3.46M. 2,500 shares were sold by BOCK WILLIAM G, worth $188,625 on Monday, June 5. WOOD WILLIAM P had sold 5,000 shares worth $353,750. Tuttle George Tyson also sold $5.62 million worth of Silicon Laboratories (NASDAQ:SLAB) on Monday, June 5. Another trade for 8,877 shares valued at $616,952 was made by Kumar Sandeep P on Tuesday, January 31.

Investors wait Silicon Laboratories (NASDAQ:SLAB) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.50 EPS, down $0.02 or 3.85 % from last year’s $0.52 same quarter earnings. This translates into $21.24M profit for SLAB giving the stock a 34.38 P/E. This is assuming the current $0.50 EPS is accurate. Silicon Laboratories’s Wall Street analysts see 8.70 % EPS growth, taking into account the $0.46 EPS reproted in the previous quarter, The stock decreased 0.51% or $0.35 during the last trading session, reaching $68.75. About 240,037 shares traded. Silicon Laboratories (NASDAQ:SLAB) has risen 59.49% since July 18, 2016 and is uptrending. It has outperformed by 42.79% the S&P500.

Silicon Laboratories (NASDAQ:SLAB) Ratings Coverage

Among 12 analysts covering Silicon Labs (NASDAQ:SLAB), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Silicon Labs had 26 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 28 by M Partners. The firm has “Buy” rating by Canaccord Genuity given on Monday, May 29. Drexel Hamilton maintained the stock with “Buy” rating in Wednesday, February 1 report. The stock of Silicon Laboratories (NASDAQ:SLAB) has “Buy” rating given on Tuesday, June 27 by Canaccord Genuity. As per Thursday, February 2, the company rating was upgraded by Needham. Topeka Capital Markets maintained Silicon Laboratories (NASDAQ:SLAB) rating on Thursday, February 4. Topeka Capital Markets has “Buy” rating and $47 target. M Partners maintained Silicon Laboratories (NASDAQ:SLAB) rating on Wednesday, July 29. M Partners has “Buy” rating and $52 target. As per Thursday, April 28, the company rating was maintained by Stephens. Topeka Capital Markets maintained Silicon Laboratories (NASDAQ:SLAB) on Wednesday, July 29 with “Buy” rating. The rating was downgraded by M Partners on Friday, September 25 to “Neutral”.

Silicon Laboratories Inc. is a provider of silicon, software and solutions for the Internet of Things , Internet infrastructure, industrial, consumer and automotive markets. The company has market cap of $2.92 billion. The Firm operates through mixed-signal analog intensive products segment. It has a 41.16 P/E ratio. It provides analog-intensive, mixed-signal solutions for use in a range of electronic products in various applications for the IoT market.

More news for Silicon Laboratories (NASDAQ:SLAB) were recently published by: News.Sys-Con.com, which released: “Silicon Labs Announces Second Quarter 2017 Earnings Webcast” on July 07, 2017. Fool.com‘s article titled: “Silicon Labs Keeps the Earnings Beats Coming” and published on April 27, 2017 is yet another important article.

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