NASDAQ:SITM SiTime (SITM) Stock Forecast, Price & News $101.92 -0.95 (-0.92%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$99.84▼$105.0050-Day Range$82.43▼$142.2352-Week Range$73.10▼$234.89Volume218,002 shsAverage Volume374,404 shsMarket Capitalization$2.21 billionP/E RatioN/ADividend YieldN/APrice Target$129.83 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SiTime MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside27.4% Upside$129.83 Price TargetShort InterestBearish5.89% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.06Based on 10 Articles This WeekInsider TradingSelling Shares$36.37 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($2.92) to ($1.48) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.92 out of 5 starsComputer And Technology Sector338th out of 609 stocksSemiconductors & Related Devices Industry51st out of 89 stocks 3.3 Analyst's Opinion Consensus RatingSiTime has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $129.83, SiTime has a forecasted upside of 27.4% from its current price of $101.92.Amount of Analyst CoverageSiTime has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.89% of the float of SiTime has been sold short.Short Interest Ratio / Days to CoverSiTime has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SiTime has recently increased by 7.66%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSiTime does not currently pay a dividend.Dividend GrowthSiTime does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SITM. Previous Next 1.6 News and Social Media Coverage News SentimentSiTime has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for SiTime this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for SITM on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat Follows1 people have added SiTime to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SiTime insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $36,373,148.00 in company stock.Percentage Held by InsidersOnly 1.16% of the stock of SiTime is held by insiders.Percentage Held by Institutions74.96% of the stock of SiTime is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SiTime are expected to grow in the coming year, from ($2.92) to ($1.48) per share.Price to Book Value per Share RatioSiTime has a P/B Ratio of 3.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SiTime (NASDAQ:SITM) StockSiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.Read More Receive SITM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SiTime and its competitors with MarketBeat's FREE daily newsletter. Email Address SITM Stock News HeadlinesJune 4, 2023 | americanbankingnews.comInsider Selling: SiTime Co. (NASDAQ:SITM) Director Sells 910 Shares of StockJune 4, 2023 | americanbankingnews.comSiTime (NASDAQ:SITM) Shares Down 2.2% Following Insider SellingJune 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>June 3, 2023 | americanbankingnews.comLionel Bonnot Sells 386 Shares of SiTime Co. (NASDAQ:SITM) StockMay 31, 2023 | finance.yahoo.comSiTime to Present at the Stifel 2023 Cross Sector Insight ConferenceMay 26, 2023 | finance.yahoo.comSiTime Corporation's (NASDAQ:SITM) Intrinsic Value Is Potentially 49% Above Its Share PriceMay 26, 2023 | americanbankingnews.comSiTime (NASDAQ:SITM) Shares Gap Down on Insider SellingMay 25, 2023 | morningstar.comSiTime Corp Ordinary SharesJune 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 24, 2023 | americanbankingnews.comSiTime Co. (NASDAQ:SITM) Director Torsten Kreindl Sells 410 Shares of StockMay 16, 2023 | finance.yahoo.comWhat Makes SiTime Corporation (SITM) an Attractive Investment Bet?May 15, 2023 | americanbankingnews.comSiTime Co. (NASDAQ:SITM) Receives $125.80 Consensus PT from BrokeragesMay 8, 2023 | americanbankingnews.comSiTime (NASDAQ:SITM) PT Lowered to $126.00May 6, 2023 | finance.yahoo.comNews Flash: 4 Analysts Think SiTime Corporation (NASDAQ:SITM) Earnings Are Under ThreatMay 6, 2023 | americanbankingnews.comInsider Selling: SiTime Co. (NASDAQ:SITM) Insider Sells 1,312 Shares of StockMay 6, 2023 | americanbankingnews.comSiTime (NASDAQ:SITM) Downgraded to Equal Weight at BarclaysMay 6, 2023 | americanbankingnews.comSiTime (NASDAQ:SITM) Stock Rating Lowered by Needham & Company LLCMay 4, 2023 | finance.yahoo.comSiTime (SITM) Q1 2023 Earnings Call TranscriptMay 3, 2023 | finance.yahoo.comSiTime Reports First Quarter 2023 Financial ResultsMay 2, 2023 | americanbankingnews.comSiTime (SITM) to Release Earnings on WednesdayApril 30, 2023 | americanbankingnews.comContrasting SiTime (NASDAQ:SITM) & Semiconductor Manufacturing International (OTCMKTS:SMICY)April 29, 2023 | americanbankingnews.comSiTime (NASDAQ:SITM) Sees Strong Trading VolumeApril 27, 2023 | americanbankingnews.comHead to Head Contrast: OSI Systems (NASDAQ:OSIS) & SiTime (NASDAQ:SITM)April 25, 2023 | seekingalpha.comSiTime: A High-Growth Technology Story In The Time SpaceApril 22, 2023 | americanbankingnews.comInsider Selling: SiTime Co. (NASDAQ:SITM) Insider Sells $323,160.00 in StockApril 20, 2023 | finance.yahoo.comSiTime Enables Higher Safety with Precision Timing for In-Car ConnectivityApril 17, 2023 | americanbankingnews.comSiTime Co. (NASDAQ:SITM) Receives Consensus Rating of "Buy" from AnalystsSee More Headlines SITM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SITM Company Calendar Last Earnings11/02/2021Today6/04/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SITM CUSIPN/A CIK1451809 Webwww.sitime.com Phone408-328-4400FaxN/AEmployees279Year FoundedN/APrice Target and Rating Average Stock Price Forecast$129.83 High Stock Price Forecast$150.00 Low Stock Price Forecast$88.00 Forecasted Upside/Downside+27.4%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$23.25 million Net Margins0.25% Pretax Margin0.28% Return on Equity0.09% Return on Assets0.08% Debt Debt-to-Equity RatioN/A Current Ratio26.44 Quick Ratio24.06 Sales & Book Value Annual Sales$283.61 million Price / Sales7.80 Cash Flow$1.62 per share Price / Cash Flow62.84 Book Value$32.89 per share Price / Book3.10Miscellaneous Outstanding Shares21,700,000Free Float21,448,000Market Cap$2.21 billion OptionableNot Optionable Beta1.86 Key ExecutivesMr. Rajesh Vashist (Age 65)Chairman, Pres & CEO Comp: $1.45MMr. Piyush B. Sevalia (Age 55)Exec. VP of Marketing Comp: $580.04kMr. Lionel Bonnot (Age 56)Exec. VP of Worldwide Sales & Bus. Devel. Comp: $1.15MDr. Aaron PartridgeCo-FounderMr. Markus LutzCo-FounderMr. Arthur D. Chadwick (Age 66)Exec. VP & CFO Mr. Atul P. Shingal (Age 62)Exec. VP of Operations Dr. Fariborz Assaderaghi Ph.D. (Age 60)Exec. VP of Technology & Engineering Mr. Vincent P. Pangrazio J.D. (Age 59)Exec. VP, Chief Legal Officer & Corp. Sec. Mr. David SweetPartnerMore ExecutivesKey CompetitorsViavi SolutionsNASDAQ:VIAVMaxLinearNYSE:MXLSilicon Motion TechnologyNASDAQ:SIMOFormFactorNASDAQ:FORMOSI SystemsNASDAQ:OSISView All CompetitorsInsiders & InstitutionsPiyush B SevaliaSold 579 sharesTotal: $57,419.43 ($99.17/share)Macquarie Group Ltd.Bought 354 shares on 6/1/2023Ownership: 0.002%Lionel BonnotSold 386 sharesTotal: $40,950.74 ($106.09/share)Katherine SchuelkeSold 910 sharesTotal: $91,327.60 ($100.36/share)ProShare Advisors LLCSold 211 shares on 5/26/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions SITM Stock - Frequently Asked Questions Should I buy or sell SiTime stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SiTime in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SITM shares. View SITM analyst ratings or view top-rated stocks. What is SiTime's stock price forecast for 2023? 5 brokerages have issued twelve-month price objectives for SiTime's stock. Their SITM share price forecasts range from $88.00 to $150.00. On average, they anticipate the company's stock price to reach $129.83 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View analysts price targets for SITM or view top-rated stocks among Wall Street analysts. How have SITM shares performed in 2023? SiTime's stock was trading at $101.62 at the start of the year. Since then, SITM shares have increased by 0.3% and is now trading at $101.92. View the best growth stocks for 2023 here. When is SiTime's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our SITM earnings forecast. How were SiTime's earnings last quarter? SiTime Co. (NASDAQ:SITM) released its earnings results on Tuesday, November, 2nd. The company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.28. The firm earned $63.03 million during the quarter, compared to analysts' expectations of $58 million. SiTime had a trailing twelve-month return on equity of 0.09% and a net margin of 0.25%. During the same quarter in the prior year, the firm posted ($0.04) EPS. What ETFs hold SiTime's stock? ETFs with the largest weight of SiTime (NASDAQ:SITM) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), SPDR FactSet Innovative Technology ETF (XITK), Pacer US Export Leaders ETF (PEXL), iShares Future Cloud 5G and Tech ETF (IDAT), Franklin Intelligent Machines ETF (IQM), First Trust S-Network Future Vehicles & Technology ETF (CARZ) and Royce Quant Small-Cap Quality Value ETF (SQLV). What is Rajesh Vashist's approval rating as SiTime's CEO? 5 employees have rated SiTime Chief Executive Officer Rajesh Vashist on Glassdoor.com. Rajesh Vashist has an approval rating of 100% among the company's employees. This puts Rajesh Vashist in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of SiTime own? Based on aggregate information from My MarketBeat watchlists, some companies that other SiTime investors own include NVIDIA (NVDA), Block (SQ), Micron Technology (MU), Advanced Micro Devices (AMD), Walt Disney (DIS), Alibaba Group (BABA), DocuSign (DOCU), Tesla (TSLA), Applied Materials (AMAT) and Salesforce (CRM). When did SiTime IPO? (SITM) raised $60 million in an IPO on Thursday, November 21st 2019. The company issued 4,300,000 shares at a price of $13.00-$15.00 per share. Barclays and Stifel served as the underwriters for the IPO and Needham & Company, Raymond James and Roth Capital Partners were co-managers. What is SiTime's stock symbol? SiTime trades on the NASDAQ under the ticker symbol "SITM." Who are SiTime's major shareholders? SiTime's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (11.96%), BlackRock Inc. (8.24%), Franklin Resources Inc. (5.32%), State Street Corp (3.87%), Trigran Investments Inc. (3.41%) and Wasatch Advisors LP (2.51%). Insiders that own company stock include Akira Takata, Arthur D Chadwick, Arthur D Chadwick, Christine Heckart, Corp /Fi Megachips, Corp Megachips, Edward H Frank, Fariborz Assaderaghi, Katherine Schuelke, Lionel Bonnot, Piyush B Sevalia, Piyush B Sevalia, Rajesh Vashist, Raman Chitkara, Tom Dang-Hsing Yiu, Torsten Kreindl, Vincent P Pangrazio and Vincent P Pangrazio. View institutional ownership trends. How do I buy shares of SiTime? Shares of SITM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SiTime's stock price today? One share of SITM stock can currently be purchased for approximately $101.92. How much money does SiTime make? SiTime (NASDAQ:SITM) has a market capitalization of $2.21 billion and generates $283.61 million in revenue each year. How many employees does SiTime have? The company employs 279 workers across the globe. How can I contact SiTime? SiTime's mailing address is SITIME CORPORATION 5451 PATRICK HENRY DRIVE, SANTA CLARA CA, 95054. The official website for the company is www.sitime.com. The company can be reached via phone at 408-328-4400 or via email at investor.relations@sitime.com. 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