Analysts Give SiTime Corporation Average Rating of “Moderate Buy

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SITIME ($NASDAQ:SITM): SiTime Corporation, a leader in the silicon timing market, recently received an average rating of “Moderate Buy” from analysts covering the company. SiTime offers a range of MEMS-based timing solutions that replace quartz crystals and oscillators for consumer, communications, industrial, and automotive applications. The average rating of “Moderate Buy” by analysts is largely due to SiTime’s long history of successfully developing innovative timing solutions, as well as their wide range of partners and customers. This rating indicates that investors should buy and hold SiTime stock for an expected moderate return in the near future.

However, with the ever-changing market and increasing competition, investors should keep an eye on SiTime’s performance to ensure their investments remain profitable in the long run.

Price History

Analysts have recently given SiTime Corporation, an American semiconductor company, an average rating of “Moderate Buy”. On Tuesday, the company’s stock opened at $128.1 and closed at $128.8, a 1.7% increase from its prior closing price of 126.7. This moderate buy rating follows positive news, such as the company’s announcement of a new collaboration with Cypress Semiconductor to create a new timing solution for the automotive industry. Clearly, the company has been making strides in both innovation and partnership which explains why analysts are giving them a positive outlook. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Sitime Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Sitime Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Sitime Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Sitime Corporation are shown below. More…

Analysis

GoodWhale recently conducted an analysis of SITIME CORPORATION‘s fundamentals. According to Star Chart, SITIME CORPORATION is categorized as a ‘rhino’, indicating moderate revenue or earnings growth. Given this standing, investors who are looking for moderate growth and long term value appreciation could be interested in this company. Moreover, when assessing SITIME CORPORATION’s financial health, GoodWhale found that it has a high health score of 8/10 with regard to its cashflows and debt. This indicates that the company is strong enough to sustain future operations even in times of crisis. Furthermore, SITIME CORPORATION is strong in assets, profitability and medium in growth, but weak in dividend. This could be attractive to investors who are looking for long-term investments. More…

Peers

The competition between SiTime Corp and its competitors is fierce.

– Semiconductor Manufacturing International Corp ($SEHK:00981)

Semiconductor Manufacturing International Corporation is a foundry that designs and manufactures semiconductor products for clients in the global electronics industry. The company has a market capitalization of $176.68 billion as of 2022 and a return on equity of 8.15%. SMIC is the largest foundry in China and the fourth largest in the world. The company’s clients include some of the world’s leading semiconductor companies.

– Supreme Electronics Co Ltd ($TWSE:8112)

Supreme Electronics Co Ltd is a leading provider of electronic components and solutions. The company has a market cap of 14.06B as of 2022 and a Return on Equity of 24.78%. Supreme Electronics Co Ltd is a diversified company that offers a wide range of products and services to its customers. The company’s product portfolio includes semiconductors, passive components, interconnects, and electromechanical products. Supreme Electronics Co Ltd is a publicly traded company listed on the Hong Kong Stock Exchange.

– Monolithic Power Systems Inc ($NASDAQ:MPWR)

Monolithic Power Systems Inc is a leading provider of power solutions for the computing, consumer, industrial, and automotive markets. The company’s products are used in a wide range of applications, including servers, storage, networking, and communications equipment; PCs, laptops, and tablets; smartphones and other handheld devices; video game consoles; and a variety of other consumer electronics. Monolithic Power Systems Inc has a market cap of 15.57B as of 2022, a Return on Equity of 18.16%. The company’s products are used in a wide range of applications, including servers, storage, networking, and communications equipment; PCs, laptops, and tablets; smartphones and other handheld devices; video game consoles; and a variety of other consumer electronics.

Summary

SiTime Corporation is an analog semiconductor company that provides MEMS timing products for the consumer electronics, computing, communications, industrial, automotive, and medical markets. Analysts have given the company an average rating of “Moderate Buy”, indicating a favorable outlook on the stock. Investors should be aware of SiTime’s recent financial performance, including revenue growth and profitability, as well as the potential for future growth in the MEMS industry.

Additionally, investors should research the company’s competitive advantage, customer relationships, and capital structure. SiTime also has a strong research and development team and is developing new products to meet changing customer needs. Furthermore, the company’s strategic partnerships with major OEMs and its global supply chain should be taken into consideration when assessing potential investment opportunities. Ultimately, investors should evaluate all aspects of the company before investing in SiTime Corporation.