Somewhat Positive Media Coverage Somewhat Unlikely to Affect Silicom (SILC) Stock Price

Headlines about Silicom (NASDAQ:SILC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Silicom earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.0939435241715 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

A number of research analysts recently commented on SILC shares. Needham & Company LLC reduced their target price on Silicom from $90.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, March 14th. BidaskClub cut Silicom from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th.

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Shares of NASDAQ:SILC traded down $0.95 on Friday, reaching $34.52. 118,956 shares of the company traded hands, compared to its average volume of 337,959. Silicom has a 52 week low of $32.00 and a 52 week high of $77.95. The stock has a market capitalization of $267.78, a P/E ratio of 12.49 and a beta of 1.37.

Silicom (NASDAQ:SILC) last announced its quarterly earnings data on Monday, January 29th. The technology company reported $1.34 earnings per share (EPS) for the quarter. Silicom had a return on equity of 16.78% and a net margin of 17.28%. The firm had revenue of $37.78 million for the quarter.

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About Silicom

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for a range of servers, server based systems, and communications devices in North America, Europe, and the Asia Pacific. It offers server networking interface cards with and without bypass for the server networking industry.

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