Company Performance - Silicon Motion's stock closed at 0.84, indicating a 9.68% decline compared to the same quarter last year [2] - Revenue is estimated at $195.55 million, reflecting a 3.37% decrease from the equivalent quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Silicon Motion indicate short-term business trends, with positive revisions suggesting analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - Silicon Motion currently holds a Zacks Rank of 4 (Sell), with the consensus EPS estimate moving 1.25% lower over the past month [5] - The company has a Forward P/E ratio of 13.53, aligning with the industry average, and a PEG ratio of 0.95, compared to the industry average PEG ratio of 1.73 [6] Industry Context - The Computer - Integrated Systems industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 165, placing it in the bottom 35% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Silicon Motion (SIMO) Rises As Market Takes a Dip: Key Facts