NASDAQ:SLAB - Silicon Laboratories Stock Price, Forecast & News

Silicon Laboratories trades on the NASDAQ under the ticker symbol "SLAB."

Silicon Laboratories (NASDAQ:SLAB) issued its quarterly earnings data on Wednesday, October, 23rd. The semiconductor company reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.12. The semiconductor company earned $223.30 million during the quarter, compared to analysts' expectations of $217.97 million. Silicon Laboratories had a return on equity of 9.33% and a net margin of 2.96%. The business's revenue was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 earnings per share. View Silicon Laboratories' Earnings History.

Silicon Laboratories is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Silicon Laboratories.

Silicon Laboratories will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 Wall Street analysts have issued 12 month target prices for Silicon Laboratories' stock. Their forecasts range from $100.00 to $130.00. On average, they anticipate Silicon Laboratories' share price to reach $119.29 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. View Analyst Price Targets for Silicon Laboratories.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silicon Laboratories in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Silicon Laboratories.

News coverage about SLAB stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Silicon Laboratories earned a news impact score of 1.8 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Silicon Laboratories.

Some companies that are related to Silicon Laboratories include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Cree (CREE) and First Solar (FSLR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Silicon Laboratories investors own include Canopy Growth (CGC), NVIDIA (NVDA), Sociedad Quimica y Minera de Chile (SQM), Teva Pharmaceutical Industries (TEVA), Micron Technology (MU), Alibaba Group (BABA), Adobe (ADBE), Advanced Micro Devices (AMD), Sarepta Therapeutics (SRPT) and Caterpillar (CAT).

Silicon Laboratories' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cohen Klingenstein LLC (0.03%), Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.02%), Campbell & CO Investment Adviser LLC (0.02%), Nisa Investment Advisors LLC (0.02%) and B & T Capital Management DBA Alpha Capital Management (0.01%). Company insiders that own Silicon Laboratories stock include Alessandro Piovaccari, Brandon Tolany, Daniel Mark Thompson, George Tyson Tuttle, Jack R Lazar, John C Hollister, Navdeep S Sooch, Nina Richardson, Sandeep P Kumar, Sumit Sadana, William G Bock and William P Wood. View Institutional Ownership Trends for Silicon Laboratories.

SLAB stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cohen Klingenstein LLC and B & T Capital Management DBA Alpha Capital Management. Company insiders that have sold Silicon Laboratories company stock in the last year include Brandon Tolany, Daniel Mark Thompson, George Tyson Tuttle, Jack R Lazar, John C Hollister, Navdeep S Sooch, Nina Richardson, Sandeep P Kumar and William G Bock. View Insider Buying and Selling for Silicon Laboratories.

SLAB stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Zurcher Kantonalbank Zurich Cantonalbank , Huntington National Bank, Harel Insurance Investments & Financial Services Ltd., Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Silicon Laboratories.

Shares of SLAB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SLAB stock can currently be purchased for approximately $120.94.

Silicon Laboratories has a market capitalization of $5.24 billion and generates $868.27 million in revenue each year. The semiconductor company earns $83.59 million in net income (profit) each year or $2.86 on an earnings per share basis. Silicon Laboratories employs 1,505 workers across the globe.View Additional Information About Silicon Laboratories.

The official website for Silicon Laboratories is http://www.silabs.com/.

Silicon Laboratories' mailing address is 400 WEST CESAR CHAVEZ, AUSTIN TX, 78701. The semiconductor company can be reached via phone at 512-416-8500 or via email at [email protected]