Latest news with #SIMO
Yahoo
26-07-2025
- Business
- Yahoo
Silicon Motion (SIMO) Stock Drops Despite Market Gains: Important Facts to Note
Silicon Motion (SIMO) closed the most recent trading day at $72.80, moving -1.41% from the previous trading session. This move lagged the S&P 500's daily gain of 0.4%. Elsewhere, the Dow gained 0.47%, while the tech-heavy Nasdaq added 0.24%. The chip company's stock has climbed by 0.96% in the past month, falling short of the Computer and Technology sector's gain of 6.84% and the S&P 500's gain of 4.61%. Market participants will be closely following the financial results of Silicon Motion in its upcoming release. The company plans to announce its earnings on July 30, 2025. The company's upcoming EPS is projected at $0.52, signifying a 45.83% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $180.4 million, down 14.37% from the prior-year quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.41 per share and revenue of $815.03 million, indicating changes of -0.58% and +1.43%, respectively, compared to the previous year. Any recent changes to analyst estimates for Silicon Motion should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Silicon Motion holds a Zacks Rank of #2 (Buy). In the context of valuation, Silicon Motion is at present trading with a Forward P/E ratio of 21.63. This indicates a premium in contrast to its industry's Forward P/E of 19.82. It is also worth noting that SIMO currently has a PEG ratio of 10.2. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Computer - Integrated Systems stocks are, on average, holding a PEG ratio of 3.69 based on yesterday's closing prices. The Computer - Integrated Systems industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 50, which puts it in the top 21% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Silicon Motion Technology Corporation (SIMO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
Silicon Motion Technology Corp. (SIMO) Rose More Than 70% in Q2
Heartland Advisors, an investment management company, released its 'Heartland Value Plus Fund' second quarter 2025 investor letter. A copy of the letter can be downloaded here. Although the second quarter was another tough period for small stocks, the firm is becoming more optimistic that the environment is getting better. The fund gained 1.86% in the second quarter, compared with the 4.97% gain for the Russell 2000 Value Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second quarter 2025 investor letter, Heartland Value Plus Fund highlighted stocks such as Silicon Motion Technology Corporation (NASDAQ:SIMO). Silicon Motion Technology Corporation (NASDAQ:SIMO) designs, develops, and markets NAND flash controllers for solid-state storage devices. The one-month return of Silicon Motion Technology Corporation (NASDAQ:SIMO) was 5.26%, and its shares lost 7.96% of their value over the last 52 weeks. On July 11, 2025, Silicon Motion Technology Corporation (NASDAQ:SIMO) stock closed at $73.47 per share with a market capitalization of $2.497 billion. Heartland Value Plus Fund stated the following regarding Silicon Motion Technology Corporation (NASDAQ:SIMO) in its second quarter 2025 investor letter: "Silicon Motion Technology Corporation (NASDAQ:SIMO) — a leading maker of memory components used in PCs, smartphones, data centers, and industrial applications — also took a hit earlier this year, on tariff concerns and as investors questioned the capex needs of large-scale cloud service providers known as hyperscalers. SIMO shares sank more than 30% from March 24 to April 21, on fears that further weakness in consumer spending could impact PC and smartphone sales. Since then, however, hyperscalers have confirmed robust datacenter capex growth, as consumer sentiment has rebounded somewhat. Since April 21, SIMO shares have surged more than 70%. An engineer in a lab coat tweaking a circuit board with intricate semiconductors. Silicon Motion Technology Corporation (NASDAQ:SIMO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 32 hedge fund portfolios held Silicon Motion Technology Corporation (NASDAQ:SIMO) at the end of the first quarter, which was 39 in the previous quarter. Silicon Motion Technology Corporation's (NASDAQ:SIMO) first quarter sales decreased 12.9% sequentially to $166.5 million. While we acknowledge the potential of SIMO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Silicon Motion Technology Corporation (NASDAQ:SIMO) and shared the list of tech stocks on Wall Street's radar. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
02-07-2025
- Business
- Yahoo
Here's Why Silicon Motion (SIMO) Fell More Than Broader Market
Silicon Motion (SIMO) closed the most recent trading day at $74.29, moving -1.17% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.11%. Elsewhere, the Dow saw an upswing of 0.91%, while the tech-heavy Nasdaq depreciated by 0.82%. Coming into today, shares of the chip company had gained 18.27% in the past month. In that same time, the Computer and Technology sector gained 8.76%, while the S&P 500 gained 5.17%. The investment community will be closely monitoring the performance of Silicon Motion in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.52, marking a 45.83% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $180.4 million, down 14.37% from the year-ago period. For the full year, the Zacks Consensus Estimates project earnings of $3.41 per share and a revenue of $815.03 million, demonstrating changes of -0.58% and +1.43%, respectively, from the preceding year. Investors should also note any recent changes to analyst estimates for Silicon Motion. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.21% increase. As of now, Silicon Motion holds a Zacks Rank of #2 (Buy). Looking at its valuation, Silicon Motion is holding a Forward P/E ratio of 22.02. This denotes a premium relative to the industry average Forward P/E of 20.09. One should further note that SIMO currently holds a PEG ratio of 10.39. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Computer - Integrated Systems industry had an average PEG ratio of 4.32. The Computer - Integrated Systems industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 22, which puts it in the top 9% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Silicon Motion Technology Corporation (SIMO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Android Authority
26-06-2025
- Business
- Android Authority
Save 15% on this SIMO Solis Lite hotspot and get 1GB monthly for free
Are you often feeling data anxious? We live in a very connected world, and we rely on the internet more than ever. A dedicated hotspot device can be convenient, especially if you travel often. Check out this deal on the SIMO Solis Lite 4G LTE Mobile Hotspot, which is currently $24.01 off. The discount is not really the most important part here, though. What's more exciting is that you'll get 1GB of data for free monthly! Get the SIMO Solis Lite 4G LTE Mobile Hotspot with a free 1GB of data monthly for $135.98 ($24.01 off) This offer is available from Amazon, and it is a 'limited time deal.' That said, SIMO provides the service. Want to know more? Let's talk about the device first. The SIMO Solis Lite 4G LTE Mobile Hotspot can provide a Wi-Fi connection for your devices. The internet is provided by a variety of network providers in over 140 countries, and this will change depending on where you are. The device supports 4G LTE, which is often pretty fast. Max speeds can reach 150Mbps down and 50Mbps up. You can connect up to 10 devices to it, which isn't much, but should satisfy your on-the-go needs easily. How many devices would you really take on your trips? It has a 16-hour battery life. The cool part is that, if you're willing to sacrifice some of that juice, you can use it as a power bank. The 4,700mAh internal battery can juice up other devices in a pinch. All things considered, it's actually a pretty nice hotspot for the price, but what really makes it stand out are its services and convenience. For starters, all users get 1GB of data for free every month. This is 'global data,' which means you can use it in any of the more than 140 countries supported worldwide. If you're going to be using the hotspot for more than the basics, a GB won't be enough. Luckily, SIMO has plenty of options for you. You can pay per GB, per day, or per month. Of course, there are some limitations. For example, the unlimited monthly plans are throttled after 100GB of use in a single month. The only exception is the global unlimited plan, which is limited to 20GB. The options don't seem too bad for what you get. The unlimited plans range between $89 and $99 per month. If all you need is a GB here and there, you can pay between $8 and $12 for those. We can see this being a great alternative for frequent flyers, RV travelers, campers, and digital nomads. It will ensure you always have a reliable internet connection. Not to mention that free GB per month is a really nice addition! Go get yours while it's on sale.
Yahoo
05-06-2025
- Business
- Yahoo
Is Silicon Motion (SIMO) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Silicon Motion (SIMO). Silicon Motion currently has an average brokerage recommendation (ABR) of 1.39, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by nine brokerage firms. An ABR of 1.39 approximates between Strong Buy and Buy. Of the nine recommendations that derive the current ABR, six are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 66.7% and 22.2% of all recommendations. Check price target & stock forecast for Silicon Motion here>>>The ABR suggests buying Silicon Motion, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. In terms of earnings estimate revisions for Silicon Motion, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.41. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Silicon Motion. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Silicon Motion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Silicon Motion Technology Corporation (SIMO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
