Silicon Motion Technology Corporation (NASDAQ:SIMO)’s quarterly earnings will be published on April, 25., Faxor reports. Last year’s EPS was $0.64, while now analysts expect change of 57.81 % down from current $0.27 EPS. If EPS of $0.27 is published the profit of SIMO could reach $9.75M giving it 36.70 P/E. After $0.83 EPS report previous quarter, Wall Street now sees -67.47 % negative EPS growth of Silicon Motion Technology Corporation. SIMO is hitting $39.64 during the last trading session, after increased 2.24%.Silicon Motion Technology Corporation has volume of 190,335 shares. Since April 1, 2018 SIMO has declined 8.63% and is downtrending. SIMO underperformed the S&P 500 by 13.00%.

Silicon Motion Technology Corporation (NASDAQ:SIMO) Ratings Coverage

In total 2 analysts cover Silicon Motion Technology (NASDAQ:SIMO). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. (NASDAQ:SIMO) has 50% bullish analysts. 2 are the (NASDAQ:SIMO)’s ratings reports on Apr 1, 2019 according to StockzIntelligence Inc. On Thursday, November 1 FBR Capital maintained the shares of SIMO in report with “Buy” rating. On Friday, December 14 the firm earned “Equal-Weight” rating by Morgan Stanley.

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide.The firm is worth $1.43 billion. It offers embedded storage and expandable storage products, including NAND flash controllers, such as embedded MultiMediaCard , client solid-state drive (SSD), flash memory card, and Universal Serial Bus flash drive controllers.The P/E ratio is 14.24. The firm also provides specialty storage solutions, such as customized enterprise-grade Peripheral Component Interconnect Express (PCIe) SSDs; and industrial-grade and commercial-grade single-chip SSDs.

For more Silicon Motion Technology Corporation (NASDAQ:SIMO) news posted briefly go to: Nasdaq.com, Seekingalpha.com, Seekingalpha.com, Nasdaq.com or Globenewswire.com. The titles are as follows: “Q2 Earnings Preview: 3 Hot Tech Stocks to Buy – Nasdaq” posted on July 16, 2018, “Silicon Motion: Take A Broader View – Seeking Alpha” on October 10, 2018, “Silicon Motion Technology Corporation (SIMO) CEO Wallace Kou on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with a publish date: October 31, 2018, “Silicon Motion (SIMO) Q4 Earnings Beat, Revenues In Line – Nasdaq” and the last “Silicon Motion Announces Preliminary Fourth Quarter 2018 Revenue and Earnings Conference Call Details – GlobeNewswire” with publication date: January 08, 2019.