Analysts See $0.48 EPS for Silicon Motion Technology Corporation (SIMO)

Lloyd Doyle
January 13, 2018

(DFBG) formed double bottom with $1.10 target or 4.00% below today's $1.15 share price. The Utah Retirement Systems holds 500,524 shares with $36.41 million value, down from 505,224 last quarter.

The stock increased 1.64% or $0.03 during the last trading session, reaching $1.93. About 452,433 shares traded. Southcross Energy Partners, L.P. (SXE) has risen 119.90% since January 10, 2017 and is uptrending. It has outperformed by 18.90% the S&P500. Silicon Motion Technology has a 52 week low of $37.37 and a 52 week high of $56.51. The return on equity ratio or ROE stands at 19 percent while most common profitability ratio return on investment (ROI) was 23.4 percent. Let's see if it is exclusively a result of industry tailwinds, or if Silicon Motion Technology has experienced some company-specific growth. The stock decreased 9.10% or $5.14 during the last trading session, reaching $51.35. About 680,007 shares traded. It has outperformed by 4.76% the S&P500.The move comes after 7 months negative chart setup for the $1.84 billion company.

Among 38 analysts covering Citigroup Inc. Raymond James & Assocs holds 0% of its portfolio in Pioneer Floating Rate Trust (NYSE:PHD) for 13,309 shares. The rating was downgraded by Vetr on Thursday, September 3 to "Buy". JACOBS M CHRISTINE had sold 1,083 shares worth $157,500 on Monday, August 21. The firm has "Positive" rating by Susquehanna given on Tuesday, September 8. The firm has "Neutral" rating given on Wednesday, April 6 by Ladenburg Thalmann. The firm has a market capitalization of $1,810.00, a P/E ratio of 20.02 and a beta of 0.66. The company was reinitiated on Wednesday, January 11 by UBS. (NYSE:C) earned "Buy" rating by Guggenheim on Friday, August 28. Envestnet Asset has 2,760 shares. (NYSE:C) was sold by Aristeguieta Francisco.

Analysts await Differential Brands Group Inc. Looking at growth from a sector-level, the USA semiconductors and semiconductor equipment industry has been growing its average earnings by double-digit 16.48% in the previous twelve months, and a less exciting 6.51% over the past five. They expect $0.48 EPS, down 39.24% or $0.31 from last year's $0.79 per share. The institutional investor held 6,272 shares of the semiconductors company at the end of 2017Q3, valued at $301,000, down from 43,266 at the end of the previous reported quarter.

Investors sentiment decreased to 0.68 in 2017 Q3. This represents a dividend yield of 2.12%. It dropped, as 65 investors sold MCK shares while 296 reduced holdings. 100 funds opened positions while 428 raised stakes. Ameriprise holds 0% or 21,858 shares in its portfolio. Academy Inc Tx has 547,088 shares for 11.2% of their portfolio. 8,650 are owned by Broadview Advsrs Ltd Llc. Eii Capital Mngmt has 1.01% invested in McKesson Corporation (NYSE:MCK). (NYSE:C). Cap Advisors Inc Ok holds 1.08% or 241,875 shares. Wells Fargo And Mn invested in 0% or 159,075 shares. Park West Asset Management Llc sold 427,778 shares as the company's stock rose 17.92% with the market. Highbridge Cap Mgmt Lc invested in 0.03% or 6,953 shares. Horizon Kinetics Ltd Liability stated it has 0.01% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Moreover, Public Sector Pension Inv Board has 0.01% invested in Mohawk Industries, Inc.

Several analysts have released their opinion on Silicon Motion Technology Corporation (NASDAQ:SIMO), with 7 analysts believing it is a strong buy. Therefore 83% are positive.

Eqis Capital Management Inc decreased its stake in Silicon Motion Technology (SIMO) by 85.5% based on its latest 2017Q3 regulatory filing with the SEC.

The company also recently announced a None dividend, which will be paid on Tuesday, February 27th. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) has "Buy" rating given on Friday, October 27 by Northland Capital. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. The firm earned "Buy" rating on Wednesday, July 29 by Brean Capital. The company was maintained on Friday, July 7 by Needham. Finally, BidaskClub raised shares of Silicon Motion Technology from a "hold" rating to a "buy" rating in a research note on Saturday, December 2nd. UBS maintained the shares of SBUX in report on Friday, October 30 with "Buy" rating. Finally, Roth Capital upped their target price on shares of Silicon Motion Technology from $55.00 to $60.00 and gave the stock a "buy" rating in a research note on Tuesday, October 24th. Roth Capital has "Buy" rating and $60.0 target.

Equities research analysts expect that Silicon Motion Technology Corp. will post $3.50 EPS for the current year. SIMO's profit will be $17.16M for 26.46 P/E if the $0.48 EPS becomes a reality. This suggests that though earnings growth was negative from the prior year, over a longer period of time, Silicon Motion Technology's earnings have been growing on average.

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