The Technical Analyst
Silicon Motion Technology [SIMO]
Exchange: NASDAQ Sector: Technology Industry: Semiconductors
Silicon Motion Technology Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
1.60% $73.73
America/New_York / 24 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 463.12 mill |
| EPS: | 1.580 |
| P/E: | 46.66 |
| Earnings Date: | May 01, 2024 |
| SharesOutstanding: | 33.41 mill |
| Avg Daily Volume: | 0.424 mill |
| RATING 2024-04-23 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Buy | |
| DE: | Sell | |
| P/E: | Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt | n/a | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 46.66 | sector: PE -1.697 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.92x |
| Company: PE 46.66 | industry: PE 50.51 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$95.21 (29.13%) $21.48 |
| Date: 2024-04-24 |
| Expected Trading Range (DAY) |
|---|
|
$ 71.97 - 75.49 ( +/- 2.39%) |
| ATR Model: 14 days |
Forecast:
16:00 - $73.73
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $73.73
Forecast 2: 16:00 - $73.73
Forecast 3: 16:00 - $73.73
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $73.73 (1.60% ) |
| Volume | 0.122 mill |
| Avg. Vol. | 0.424 mill |
| % of Avg. Vol | 28.74 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For SIMO
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $67.99 | N/A | Active |
|---|
SIMO
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
Last 10 Buy Signals
Latest Press Releases
2024-03-12 09:00:00 - Press Release
Silicon Motion Unveils 6nm Ufs 4.0 Controller For Ai Smartphones, Edge Computing And Automotive Applications
Company also launches its second generation ufs3.1 controller supporting the latest high speed 3d tlc and qlc nand taipei and milpitas, calif. , march 12, 2024 /prnewswire/ -- silicon motion technology corporation (nasdaqgs: simo) ("silicon motion"), a global leader in designing and marketing nand flash controllers for solid state storage devices, today introduced its ufs (universal flash storage) 4.0 controller, the sm2756, as the flagship of the industry's broadest merchant portfolio of ufs controller solutions for the growing requirements of ai-powered smartphones as well as other high-performance applications including automotive and edge computing.
2024-02-06 18:00:00 - Press Release
Silicon Motion Announces Results For The Period Ended December 31, 2023
Business highlights fourth quarter sales increased 17% q/q and increased 1% y/y ssd controller sales: 4q increased 15% to 20% q/q and increased 0% to 5% y/y emmc+ufs controller sales: 4q increased 25% to 30% q/q and increased 20% to 25% y/y ssd solutions sales: 4q decreased 5% to 10% q/q and decreased 45% to 50% y/y announced annual cash dividend of $2.00 per ads financial highlights 4q 2023 gaap 4q 2023 non-gaap • net sales $202.4 million (+17% q/q, +1% y/y) $202.4 million (+17% q/q, +1% y/y) • gross margin 43.7% 44.1% • operating margin 8.7% 13.8% • earnings per diluted ads $0.63 $0.93 full year 2023 gaap full year 2023 non-gaap • net sales $639.1 million (-32% y/y) $639...
2024-02-05 08:00:00 - Press Release
Silicon Motion Confirms Quarterly Dividend
Taipei, taiwan and milpitas, calif., feb. 05, 2024 (globe newswire) -- silicon motion technology corporation (nasdaqgs: simo) (“silicon motion” or the “company”), a global leader in designing and marketing nand flash controllers for solid state storage devices, confirms today its quarterly cash dividend.
2024-01-05 08:00:00 - Press Release
Silicon Motion Announces Preliminary Fourth Quarter 2023 Revenue And Earnings Conference Call Details
Taipei, taiwan and milpitas, calif., jan. 05, 2024 (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, sequential revenue growth is expected to slightly exceed the high-end of its original guidance range of 10% to 15%, which the company issued on november 2, 2023. gross margin (non-gaap) is also expected to exceed the high-end the company's original 42.5% to 43.5% guidance range.
2023-12-18 08:00:00 - Press Release
Silicon Motion Announces The Retirement Of Mr. Yung-chien Wang, The Appointment Of Mr.
Taipei, taiwan and milpitas, calif., dec. 18, 2023 (globe newswire) -- silicon motion technology corporation (nasdaqgs: simo) (“silicon motion,” the “company” or “we”), a global leader in designing and marketing nand flash controllers for solid-state storage devices, today, announced the election of mr. cain lin to its board of directors (the “board”) following the retirement of mr. yung-chien wang as well as the re-election of mr. steve chen to its board of directors following the annual shareholders meeting on december 14, 2023.
Latest News
2024-04-23 08:31:03 - Zacks Investment Research
Can Solid Consulting Revenues Propel IBM Earnings in Q1?
IBM is expected to have registered higher revenues from the consulting segment in the first quarter, backed by rising demand for technology consulting services across various industries.
2024-04-23 08:26:13 - Zacks Investment Research
Will Higher Software Revenues Benefit IBM's Q1 Earnings?
IBM is likely to have recorded higher revenues from the Software segment in the first quarter backed by growing demand for its advanced AI-driven solutions and product innovation.
2024-04-19 07:31:04 - Zacks Investment Research
Will Modest Top-Line Improvement Buoy IBM Earnings in Q1?
IBM is expected to have recorded a top-line expansion year over year in first-quarter 2024, backed by a growing demand for hybrid cloud and AI-powered solution suite across industries.
2024-04-18 11:06:07 - Zacks Investment Research
5 Technology Stocks Poised to Beat Earnings Estimates in Q1
Here, we have picked five tech stocks, Vertiv (VRT), Meta Platforms (META), Cadence Design Systems (CDNS), Itron (ITRI) and Silicon Motion (SIMO), which are likely to pull off earnings surprises in first-quarter 2024.
2024-04-16 11:43:04 - MarketBeat
Silicon Motion Proves That AI in Motion Stays in Motion
Silicon Motion Technology Co. NASDAQ: SIMO is a fabless semiconductor company in the computer and technology sector specializing in designing and developing NAND flash memory controllers. The controllers enable solid-state drives (SSD) to operate seamlessly, managing the communications between the NAND flash memory and the computer system.
2024-03-13 09:51:15 - Zacks Investment Research
Silicon Motion (SIMO) Boosts Portfolio With Innovative Launches
Silicon Motion (SIMO) incorporates new-age LDPC ECC technology and SRAM data error detection and correction into UFS controller solution to increase performance efficiency.
2024-03-01 17:18:00 - The Motley Fool
2 Small AI Stocks to Buy for 2024 and Beyond
Equipment provider Axcelis Technologies looks cheap relative to the growth it expects over the next two years. Chip company Silicon Motion plays in the memory design part of the market, and it's starting to rebuild momentum.
2024-02-09 13:11:30 - Zacks Investment Research
Don't Overlook These Highly Ranked Stocks After Earnings
After beating earnings expectations this week, EnerSys (ENS) and Silicon Motion Technology (SIMO) are two of the more attractive growth stocks in the industrial products sector and technology sector respectively.
2024-02-08 05:51:06 - Zacks Investment Research
Best Income Stocks to Buy for February 8th
SIMO, HEES and GOLF made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 8, 2023.
2024-02-07 11:36:10 - Zacks Investment Research
Silicon Motion (SIMO) Q4 Earnings & Revenues Beat Estimates
Healthy demand trend for SSD controllers and eMMC embedded memory boosts Silicon Motion's (SIMO) revenue growth in fourth-quarter 2023.