Media stories about Silicom (NASDAQ:SILC) have been trending somewhat positive on Thursday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Silicom earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.9897353185145 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Silicom (NASDAQ SILC) remained flat at $58.08 during midday trading on Thursday. The company had a trading volume of 21,435 shares. The firm has a market capitalization of $432.41 million, a P/E ratio of 30.08 and a beta of 1.24. The firm’s 50-day moving average price is $56.62 and its 200 day moving average price is $51.50. Silicom has a 12-month low of $34.46 and a 12-month high of $59.43.
Silicom (NASDAQ:SILC) last released its earnings results on Monday, July 24th. The technology company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.05. The firm had revenue of $30.30 million for the quarter, compared to analysts’ expectations of $28.33 million. Silicom had a return on equity of 11.94% and a net margin of 13.34%. The company’s quarterly revenue was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.63 earnings per share. Analysts predict that Silicom will post $2.74 EPS for the current year.
Several research firms recently issued reports on SILC. BidaskClub lowered Silicom from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Needham & Company LLC reiterated a “buy” rating and issued a $67.00 price objective (up from $60.00) on shares of Silicom in a research report on Tuesday, July 25th.
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Silicom Company Profile
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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