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Silicon Motion Technology Corporation (SIMO)

NASDAQ: SIMO · IEX Real-Time Price · USD
68.01 -1.26 (-1.82%)
Oct 22, 2021 12:08 PM EDT - Market open
Market Cap2.43B
Revenue (ttm)539.52M
Net Income (ttm)79.75M
Shares Out34.93M
EPS (ttm)3.12
PE Ratio21.81
Forward PE9.99
Dividend$1.39 (2.04%)
Ex-Dividend DateAug 4, 2021
Volume110,775
Open69.04
Previous Close69.27
Day's Range67.51 - 69.54
52-Week Range34.62 - 81.87
Beta1.12
AnalystsBuy
Price Target53.55 (-21.3%)
Est. Earnings DateNov 2, 2021

About SIMO

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers SSDs used in PCs and other devices, as well as eMMC and UFS mobile embedded storage used in smartphones and IOT devices. The company also provides enterprise-grade SSDs used in data centers; and small form-factor specialized SSDs used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Sys...

IndustrySemiconductors & Semiconductor Equipment
IPO DateJun 30, 2005
CEOWallace Kou
Employees1,323
Stock ExchangeNASDAQ
Ticker SymbolSIMO
Full Company Profile

Financial Performance

In 2020, SIMO's revenue was $539.52 million, an increase of 17.99% compared to the previous year's $457.25 million. Earnings were $79.75 million, an increase of 23.83%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for SIMO stock is "Buy." The 12-month stock price forecast is 53.55, which is a decrease of -21.27% from the latest price.

Price Target
$53.55
(-21.27% downside)
Analyst Consensus: Buy

News

4 Solid Bets That Boast High Earnings Yield

Invest in high earnings stocks like RDS.A, GPS, X and SIMO to reap handsome rewards.

Other symbols:GPSX
2 days ago - Zacks Investment Research

5 Battered Tech Stocks to Buy Now

A sharp selloff in tech stocks recently has created an opportunity to pick up some high-quality names at a discount.

Other symbols:ADBEPOLYSNPSZBRA
1 week ago - Kiplinger

SIMO or SYNA: Which Is the Better Value Stock Right Now?

SIMO vs. SYNA: Which Stock Is the Better Value Option?

Other symbols:SYNA
1 week ago - Zacks Investment Research

Silicon Motion (SIMO) Reports Strong Preliminary Q3 Results

Silicon Motion Technology (SIMO) now expects sequential revenue growth in third-quarter 2021 to exceed the high-end of its original guidance.

1 week ago - Zacks Investment Research

3 International Tech Stocks to Buy Right Now

Multiple concerns hang over investors right now which has created increased volatility in the markets. That's why investors should consider diversifying their portfolios with international technology st...

Other symbols:NOKSAP
2 weeks ago - InvestorPlace

6 High Earnings Yield Picks That You Shouldn't Miss Out On

Reap handsome rewards by investing in high earnings yield stocks including MT, MTH, SIMO, DFIN, IRWD, and COLL.

Other symbols:COLLDFINIRWDMTMTH
3 weeks ago - Zacks Investment Research

Is Silicon Motion Technology (SIMO) Stock Outpacing Its Computer and Technology Peers This Year?

Is (SIMO) Outperforming Other Computer and Technology Stocks This Year?

4 weeks ago - Zacks Investment Research

What Makes Silicon Motion (SIMO) a Strong Momentum Stock: Buy Now?

Does Silicon Motion (SIMO) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

4 Top-Ranked Semi Stocks to Buy as Global Sales Continue to Soar

Semiconductor stocks like Silicon Motion (SIMO), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Skyworks (SWKS) are benefiting from the rapid shift to digitization and growing demand for cloud services.

Other symbols:AMDNVDASWKS
1 month ago - Zacks Investment Research

SAP's Financial Services Enterprise Fioneer Begins Operations

SAP's (SAP) Fioneer is the company's financial services joint venture established in collaboration with Dediq GmbH.

Other symbols:AVTPAYCSAP
1 month ago - Zacks Investment Research

Silicon Motion Technology (SIMO) Sees Hammer Chart Pattern: Time to Buy?

Silicon Motion Technology (SIMO) has been struggling lately, but the selling pressure may be coming to an end soon.

1 month ago - Zacks Investment Research

The 7 Best Stocks To Buy With $10,000 Right Now

Recent market volatility has created several unique buying opportunities for savvy investors with long-term time horizons. The post The 7 Best Stocks To Buy With $10,000 Right Now appeared first on Inve...

Other symbols:AMATCATFFCXOSKSPSM
1 month ago - InvestorPlace

Silicon Motion Launches World's Fastest Single Chip Controller For External Portable SSDs

TAIPEI and MILPITAS, Calif., Aug. 31, 2021 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers fo...

1 month ago - PRNewsWire

5 Top-Ranked Stocks With Superior Earnings Yield

Consider adding high earnings yield stocks including IPI, MARA, CVLG, AXS and SIMO to your portfolio for handsome gains.

Other symbols:AXSCVLGIPIMARA
1 month ago - Zacks Investment Research

Has Silicon Motion Technology (SIMO) Outpaced Other Computer and Technology Stocks This Year?

Is (SIMO) Outperforming Other Computer and Technology Stocks This Year?

1 month ago - Zacks Investment Research

Who Could Gain From 28nm Chip Crisis?

Silicon Motion Technology Corp (NASDAQ: SIMO) President Wallace Kou projected the flash device controller ICs' supply crisis to extend in 2022, DigiTimes Asia reports Kou expects the 28nm and the 40/55n...

1 month ago - Benzinga

Will Silicon Motion (SIMO) Gain on Rising Earnings Estimates?

Silicon Motion (SIMO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

3 Top Stocks to Buy as the Semiconductor Shortage Continues

With the tight supply of semiconductors expected to continue, many chip stocks are ripe for continued gains and are stocks to buy. The post 3 Top Stocks to Buy as the Semiconductor Shortage Continues ap...

Other symbols:AVGOINTC
2 months ago - InvestorPlace

5 Stocks Trading Near 52-Week High That Can Climb Further

Investors target stocks that have been on a bullish run lately. Stocks like MAT, CAR, SIMO, ON and GMS that are seeing price strength have a higher chance of carrying the momentum forward.

Other symbols:CARGMSMATON
2 months ago - Zacks Investment Research

Silicon Motion (SIMO) Is Up 20.97% in One Week: What You Should Know

Does Silicon Motion (SIMO) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 5th

NYCB, KW, SIMO, and FCFS made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 5, 2021

Other symbols:FCFSKWNYCB
2 months ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for August 5th

SIMO, ON, ARCB, and MAT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 5, 2021.

Other symbols:ARCBMATON
2 months ago - Zacks Investment Research

Why Silicon Motion Technology Stock Is Trading Higher Friday

Silicon Motion Technology (NASDAQ:SIMO) shares are trading higher after the company reported better-than-expected Q2 EPS and sales results. The company also reported guidance figures.

2 months ago - Benzinga

Silicon Motion (SIMO) Q2 Earnings & Revenues Top Estimates

Silicon Motion (SIMO) Q2 results benefit from higher sales of SSD controllers as well as eMMC and UFS controllers.

2 months ago - Zacks Investment Research

Silicon Motion Announces Results for the Period Ended June 30, 2021

Financial Highlights

2 months ago - GlobeNewsWire