Silicom (SILC) Set to Announce Quarterly Earnings on Monday

Silicom (NASDAQ:SILC) is scheduled to announce its earnings results before the market opens on Monday, July 29th. Parties that are interested in registering for the company’s conference call can do so using this link.

Silicom (NASDAQ:SILC) last posted its quarterly earnings results on Thursday, May 2nd. The technology company reported ($0.55) earnings per share for the quarter. Silicom had a negative return on equity of 5.97% and a negative net margin of 9.80%. The business had revenue of $14.37 million during the quarter.

Silicom Price Performance

Silicom stock opened at $16.10 on Friday. Silicom has a one year low of $13.75 and a one year high of $40.70. The business’s fifty day moving average is $15.74 and its 200 day moving average is $15.92. The stock has a market capitalization of $108.84 million, a PE ratio of -10.25 and a beta of 1.04.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of Silicom in a research note on Friday, May 3rd. StockNews.com upgraded shares of Silicom from a “sell” rating to a “hold” rating in a report on Thursday, June 6th.

About Silicom

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for servers, server-based systems, and communications devices. It offers server network interface cards; and smart cards, such as smart server adapters, which include redirector and switching cards, encryption and data compression hardware acceleration cards, forward error correction acceleration and offloading cards, time synchronization cards, and field programmable gate array-based cards.