Silicon Laboratories Experiences Downward Trajectory, Closing at $142.32
June 24, 2023
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At the close of trading yesterday, Silicon Laboratories ($NASDAQ:SLAB) Inc. finished at a high of $145.86. Unfortunately, today the chipmaker’s stock decreased by -2.43% to close at $142.32. This steady downward trajectory signals a potential issue in investor confidence regarding the company’s stock performance. Silicon Laboratories Inc. is a global leader in the development and fabrication of highly integrated semiconductor components. They have an expansive portfolio of products that span the entire spectrum of embedded solutions with their integrated microcontrollers, sensors, and analog components.
Additionally, the company offers a wide range of software tools, wireless technologies, and wired connectivity solutions for both industrial and consumer markets. As a result of their extensive product line and broad reach in both technology and application markets, Silicon Laboratories Inc. has become a major player in the chipmaker industry. Though the company’s stock experienced a decline today, Silicon Laboratories Inc. is committed to continuing its mission of delivering high-performance, low-power solutions to its clients. With their deep portfolio of products, Silicon Laboratories Inc. is well-positioned to remain a driving force in the chipmaker industry for many years to come.
Price History
This downward trajectory was the lowest closing price for SILC since mid-July this year. Investors responded cautiously to the news, as the company has had a positive outlook throughout the year. Analysts and investors remain hopeful that SILC will eventually recover from this downturn. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Silicon Laboratories. More…
| Total Revenues | Net Income | Net Margin |
| 1.04k | 82.46 | 8.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Silicon Laboratories. More…
| Operations | Investing | Financing |
| -16.68 | 712.21 | -745.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Silicon Laboratories. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.16k | 741.99 | 44.36 |
Key Ratios Snapshot
Some of the financial key ratios for Silicon Laboratories are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.3% | 23.7% | 11.8% |
| FCF Margin | ROE | ROA |
| -4.5% | 5.4% | 3.5% |
Analysis
At GoodWhale, we recently conducted an analysis of SILICON LABORATORIES‘s financials. After reviewing the data, we can confidently classify SILICON LABORATORIES as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. Investors interested in these types of companies would certainly be drawn to SILICON LABORATORIES. Specifically, SILICON LABORATORIES has a strong asset base and profitability, as well as medium growth compared to its peers. Additionally, SILICON LABORATORIES has a weak dividend, which is not uncommon for gorilla companies. GoodWhale also found that SILICON LABORATORIES has a high health score of 9/10 with regard to its cashflows and debt. This indicates that the company is capable of paying off debt and funding future operations. More…
Peers
The company’s competitors include NXP Semiconductors NV, Synaptics Inc, and Qualcomm Inc.
– NXP Semiconductors NV ($NASDAQ:NXPI)
NXP Semiconductors NV, a Dutch company, is a leading semiconductor manufacturer with a market cap of 38.06B as of 2022. The company’s ROE is 41.87%. NXP Semiconductors NV designs, manufactures and markets a broad range of semiconductor products, including microcontrollers, digital signal processors, memories, RF power amplifiers and mixed-signal integrated circuits.
– Synaptics Inc ($NASDAQ:SYNA)
Synaptics Inc is a publicly traded company that designs, develops and markets human interface solutions. The company’s products are used in mobile phones, PCs, and other electronic devices. Synaptics’ human interface solutions include touch controllers, display drivers, fingerprint sensors, biometrics and security solutions.
Synaptics has a market capitalization of $3.48 billion as of 2022 and a return on equity of 18.08%. The company’s products are used in a variety of electronic devices, including mobile phones, PCs and other consumer electronics. Synaptics is a leading provider of human interface solutions that enable people to interact with electronic devices.
– Qualcomm Inc ($NASDAQ:QCOM)
Qualcomm Inc is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. It has a market cap of 130.69B as of 2022 and a Return on Equity of 90.42%. The company was founded in 1985 and is headquartered in San Diego, California.
Summary
Silicon Laboratories Inc. is a publicly traded technology company that designs, manufactures, and markets a wide range of mixed-signal integrated circuits. On the day of this analysis, the stock price moved up but still closed down by 2.43%. This could indicate that while the company is moving in a positive direction in the short term, there may be some underlying issues that could impact the stock’s performance in the long run.
Investors should keep an eye on Silicon Laboratories Inc.’s financials and their overall performance to get a better understanding of what to expect from the stock. Analyzing market trends and news surrounding the company can also be beneficial when deciding whether or not to invest in Silicon Laboratories Inc.
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