Silicom (SILC) Earning Somewhat Critical Media Coverage, Analysis Finds
Headlines about Silicom (NASDAQ:SILC) have trended somewhat negative on Tuesday, according to Alpha One Sentiment. Alpha One, a service of Accern, identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Silicom earned a news impact score of -0.12 on Alpha One’s scale. Alpha One also gave news articles about the technology company an impact score of 71 out of 100, indicating that recent press coverage is likely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have effected Alpha One Sentiment’s scoring:
- Silicom Ltd (SILC) Short Interest Down 15.5% in April (americanbankingnews.com)
- Silicom’s (SILC) CEO Shaike Orbach on Q1 2017 Results – Earnings Call Transcript (lightwaveonline.com)
- Silicom Ltd (SILC) Announces Quarterly Earnings Results, Misses Expectations By $0.13 EPS (americanbankingnews.com)
- Stock Market Consolidation Day, Poor Technicals, NDX Reaches New All-Time High (marketoracle.co.uk)
- Silicom (SILC) Receiving Somewhat Positive News Coverage, AlphaOne Reports (americanbankingnews.com)
Silicom (NASDAQ:SILC) traded down 0.28% on Tuesday, reaching $53.70. The company had a trading volume of 45,447 shares. The company has a market capitalization of $396.36 million, a PE ratio of 28.95 and a beta of 1.28. Silicom has a 52-week low of $25.48 and a 52-week high of $54.85. The company’s 50-day moving average is $46.17 and its 200-day moving average is $40.49.
Silicom (NASDAQ:SILC) last posted its earnings results on Thursday, April 27th. The technology company reported $0.35 EPS for the quarter, missing the Zacks’ consensus estimate of $0.48 by $0.13. The firm had revenue of $25.34 million for the quarter, compared to analysts’ expectations of $23.92 million. Silicom had a return on equity of 11.46% and a net margin of 13.09%. The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. Equities analysts anticipate that Silicom will post $2.54 EPS for the current fiscal year.
The company also recently announced an annual dividend, which was paid on Wednesday, April 5th. Shareholders of record on Monday, March 27th were given a dividend of $1.00 per share. The ex-dividend date was Thursday, March 23rd. This represents a yield of 2.58%. Silicom’s payout ratio is 56.50%.
Separately, Needham & Company LLC increased their target price on Silicom from $56.00 to $60.00 and gave the company a “buy” rating in a research report on Friday.
Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server-based systems and communications devices. The Company’s products include server network interface cards with and without bypass (Server Adapters); Intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features and/or compute blades (Smart Cards), and standalone Products.
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