Silicon Motion Technology Corp. (ADR) (SIMO) Analysts See $0.44 EPS

October 13, 2017 - By Stephen Andrade

 Silicon Motion Technology Corp. (ADR) (SIMO) Analysts See $0.44 EPS

Analysts expect Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) to report $0.44 EPS on October, 26.They anticipate $0.50 EPS change or 53.19 % from last quarter’s $0.94 EPS. SIMO’s profit would be $15.55 million giving it 29.90 P/E if the $0.44 EPS is correct. After having $0.69 EPS previously, Silicon Motion Technology Corp. (ADR)’s analysts see -36.23 % EPS growth. The stock increased 0.19% or $0.1 during the last trading session, reaching $52.63. About 302,348 shares traded. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) has risen 21.46% since October 13, 2016 and is uptrending. It has outperformed by 4.76% the S&P500.

Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) Ratings Coverage

Among 15 analysts covering Silicon Motion (NASDAQ:SIMO), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Silicon Motion had 29 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Sell” rating by Standpoint Research given on Tuesday, June 6. The firm has “Buy” rating given on Tuesday, July 28 by Topeka Capital Markets. The firm earned “Buy” rating on Wednesday, September 6 by KeyBanc Capital Markets. The rating was maintained by Needham on Friday, July 7 with “Buy”. The stock of Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) earned “Buy” rating by Northland Capital on Friday, July 7. Standpoint Research upgraded the shares of SIMO in report on Thursday, January 14 to “Buy” rating. The rating was maintained by Needham with “Buy” on Friday, July 8. Brean Capital maintained the stock with “Buy” rating in Wednesday, March 23 report. The stock has “Neutral” rating by Nomura on Friday, January 20. The rating was maintained by Craig Hallum on Friday, January 29 with “Buy”.

Silicon Motion Technology Corporation is a fabless semiconductor company. The company has market cap of $1.86 billion. The Firm designs, develops and markets low-power semiconductor solutions to original equipment manufacturers and other clients in the mobile storage and mobile communications markets. It has a 17.58 P/E ratio. It is engaged in developing negative-AND (NAND) flash controller integrated circuits (ICs) for solid-state storage devices and specialty radio frequency (RF) ICs for mobile devices.

More news for Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) were recently published by: Benzinga.com, which released: “Why The Recent Selloff In Silicon Motion May Have Been Overdone” on March 07, 2017. Schaeffersresearch.com‘s article titled: “Buzz Stocks: Honeywell International Inc., ArcelorMittal SA (ADR), and Silicon …” and published on October 07, 2016 is yet another important article.

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