Silicon Laboratories Names Robert Conrad as New SVP
TipRanks (Wed, 24-Apr 7:32 AM ET)
Silicon Laboratories Non-GAAP EPS of -$0.92 beats by $0.06, revenue of $106.38M beats by $1.34M
Seeking Alpha News (Wed, 24-Apr 7:09 AM ET)
Silicon Labs Reports First Quarter 2024 Results
PRNewswire (Wed, 24-Apr 7:05 AM ET)
Silicon Labs Appoints Bob Conrad as Senior Vice President of Worldwide Operations
PRNewswire (Wed, 24-Apr 7:00 AM ET)
Silicon Laboratories Q1 2024 Earnings Preview
Seeking Alpha News (Tue, 23-Apr 1:49 PM ET)
Notable earnings before Wednesday's open
Seeking Alpha News (Tue, 23-Apr 10:25 AM ET)
Silicon Labs Streamlines Energy Harvesting Product Development for Battery-Free IoT
PRNewswire (Mon, 22-Apr 12:01 AM ET)
Silicon Labs appoints chief information officer
Seeking Alpha News (Fri, 19-Apr 8:57 AM ET)
Silicon Labs welcomes Radhika Chennakeshavula as CIO
PRNewswire (Fri, 19-Apr 8:49 AM ET)
Silicon Labs Announces First Quarter 2024 Earnings Webcast
PRNewswire (Thu, 11-Apr 4:41 PM ET)
Silicon Laboratories Inc Inc. develops semiconductors, software, and system solutions for the Internet Internet of Things, Things (IoT), Internet infrastructure, industrial control, consumer, and automotive markets. The company operates through one segment, in a single segment of mixed-signal analog intensive products. The Company groups its products as Industrial & Commercial or Home & Life The Industrial & Commercial category contributes majority of the revenue for the company Geographically, the company operates in the United States, China, Taiwan, and the Rest rest of the world.
Silicon Laboratories trades on the NASDAQ stock market under the symbol SLAB.
As of April 24, 2024, SLAB stock price declined to $114.26 with 1,415,701 million shares trading.
SLAB has a beta of 1.72, meaning it tends to be more sensitive to market movements. SLAB has a correlation of 0.21 to the broad based SPY ETF.
SLAB has a market cap of $3.65 billion. This is considered a Mid Cap stock.
Last quarter Silicon Laboratories reported $87 million in Revenue and -$1.19 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.24.
In the last 3 years, SLAB stock traded as high as $211.98 and as low as $74.56.
The top ETF exchange traded funds that SLAB belongs to (by Net Assets): VTI, IJH, VB, IWM, VXF.
SLAB has underperformed the market in the last year with a price return of -31.4% while the SPY ETF gained +24.2%. SLAB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.6% and -15.8%, respectively, while the SPY returned +4.6% and -2.7%, respectively.
SLAB support price is $121.83 and resistance is $128.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLAB stock will trade within this expected range on the day.