Meyers: Silicom Offers An Opportunity To Profit From Recency Bias [Seeking Alpha]
Silicom Ltd - Ordinary Shares (SILC)
US:NASDAQ Investor Relations:
silicom-usa.com/investor-presentations
Company Research
Source: Seeking Alpha
Summary Silicom Ltd.'s stock was beaten up after a major deal with IBM fell through in 2018, but revenues will likely ramp up this year, says Jeff Meyers of Cobia Capital. Despite a number of large design win announcements since the failed deal, investors are hesitant to price in revenues from product roll-outs that have been announced. Two growth drivers that should take effect in 2020 and 2021 will increase profitability, making Silicom a good opportunity for investors. Silicom (NASDAQ: SILC Meyers said the stock still remains in that range, as investors have been reluctant to give credence to design wins that Silicom is announcing now. However, two design wins lined up for 2020 and 2021 promise to drive growth and increase profitability, and Meyers thinks the stock will rally accordingly, with the potential for the stock to double over that period. “It's cheap now; the stock is at $33. They have about $12 a share in net cash. So, it's really looking like a $20 stock,” he said. “And
Show less
Read more
Impact Snapshot
Event Time:
SILC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SILC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SILC alerts
High impacting Silicom Ltd - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
SILC
News
- SILICOM'S SECOND QUARTER 2024 RESULTS RELEASE SCHEDULED FOR JULY 29, 2024PR Newswire
- Silicom Ltd. (NASDAQ: SILC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Silicom Ltd. (NASDAQ:SILC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Silicom First Quarter 2024 Earnings: US$0.55 loss per share (vs US$0.52 profit in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Silicom Ltd. (NASDAQ: SILC) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.MarketBeat
SILC
Sec Filings
- 7/1/24 - Form 6-K
- 6/26/24 - Form 6-K
- 6/6/24 - Form SC
- SILC's page on the SEC website