Media coverage about Silicom (NASDAQ:SILC) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Silicom earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.3614007708801 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Silicom (NASDAQ SILC) traded up 2.50% during midday trading on Wednesday, hitting $59.82. The company had a trading volume of 43,376 shares. Silicom has a 52 week low of $34.46 and a 52 week high of $60.16. The stock has a 50 day moving average price of $57.08 and a 200-day moving average price of $51.67. The stock has a market capitalization of $445.36 million, a PE ratio of 30.98 and a beta of 1.24.
Silicom (NASDAQ:SILC) last announced its earnings results on Monday, July 24th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.05. Silicom had a return on equity of 11.94% and a net margin of 13.34%. The company had revenue of $30.30 million for the quarter, compared to analyst estimates of $28.33 million. During the same period in the prior year, the company posted $0.63 EPS. The firm’s quarterly revenue was up 16.5% compared to the same quarter last year. On average, equities analysts predict that Silicom will post $2.74 EPS for the current year.
A number of research firms have issued reports on SILC. BidaskClub upgraded Silicom from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Needham & Company LLC reissued a “buy” rating and issued a $67.00 target price (up from $60.00) on shares of Silicom in a research note on Tuesday, July 25th.
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Silicom Company Profile
Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server-based systems and communications devices. The Company’s products include server network interface cards with and without bypass (Server Adapters); Intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features and/or compute blades (Smart Cards), and standalone Products.
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