SiTime (NASDAQ:SITM – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
SiTime (NASDAQ:SITM – Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.53) by ($0.01). The firm had revenue of $42.40 million for the quarter, compared to analysts’ expectations of $41.65 million. SiTime had a negative return on equity of 10.21% and a negative net margin of 55.93%. On average, analysts expect SiTime to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
SiTime Stock Performance
SITM stock opened at $92.25 on Monday. The firm has a fifty day moving average price of $87.90 and a 200 day moving average price of $104.41. SiTime has a fifty-two week low of $72.39 and a fifty-two week high of $141.99. The firm has a market cap of $2.11 billion, a PE ratio of -25.41 and a beta of 1.78.
Insider Activity at SiTime
Analyst Upgrades and Downgrades
Separately, Barclays lifted their price objective on shares of SiTime from $110.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 16th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $142.00.
Read Our Latest Research Report on SiTime
About SiTime
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, Singapore, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. It serves various markets, including communications, datacenter, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace and defense.
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