Silicon Laboratories (SLAB) Scheduled to Post Earnings on Monday

Silicon Laboratories (NASDAQ:SLAB) is set to release its earnings data after the market closes on Monday, November 4th. Analysts expect Silicon Laboratories to post earnings of ($0.21) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Silicon Laboratories Price Performance

Shares of NASDAQ:SLAB opened at $106.23 on Friday. The stock has a market capitalization of $3.43 billion, a P/E ratio of -17.13 and a beta of 1.20. The business has a 50-day moving average of $112.84 and a two-hundred day moving average of $115.75. Silicon Laboratories has a fifty-two week low of $84.08 and a fifty-two week high of $154.91.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Needham & Company LLC reiterated a “buy” rating and set a $150.00 price target on shares of Silicon Laboratories in a report on Thursday, July 25th. StockNews.com upgraded shares of Silicon Laboratories to a “sell” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Silicon Laboratories currently has a consensus rating of “Hold” and an average price target of $140.00.

Insider Buying and Selling

In related news, SVP Brandon Tolany sold 845 shares of Silicon Laboratories stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $115.00, for a total value of $97,175.00. Following the completion of the transaction, the senior vice president now directly owns 43,615 shares of the company’s stock, valued at $5,015,725. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.72% of the stock is owned by corporate insiders.

Silicon Laboratories Company Profile

Silicon Laboratories Inc, a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation.