Silicom (SILC) to Release Quarterly Earnings on Monday

Silicom (NASDAQ:SILC) is projected to post its quarterly earnings results before the market opens on Monday, April 28th. Analysts expect Silicom to post earnings of ($0.37) per share and revenue of $14.37 million for the quarter. Silicom has set its Q1 2025 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Silicom (NASDAQ:SILC) last posted its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.44). Silicom had a negative return on equity of 8.83% and a negative net margin of 20.66%.

Silicom Trading Up 1.5 %

Shares of NASDAQ:SILC opened at $13.64 on Monday. The stock has a market capitalization of $92.21 million, a P/E ratio of -6.82 and a beta of 0.98. The stock’s 50-day moving average price is $14.99 and its 200-day moving average price is $15.08. Silicom has a 12-month low of $11.35 and a 12-month high of $18.24.

Analysts Set New Price Targets

Separately, Needham & Company LLC restated a “hold” rating on shares of Silicom in a research report on Monday, February 3rd.

Institutional Investors Weigh In On Silicom

An institutional investor recently bought a new position in Silicom stock. Bank of America Corp DE acquired a new stake in shares of Silicom Ltd. (NASDAQ:SILC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,748 shares of the technology company’s stock, valued at approximately $29,000. Hedge funds and other institutional investors own 52.85% of the company’s stock.

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.