|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||13.58 - 14.40|
|52 Week Range||13.58 - 24.10|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||10.10|
|Earnings Date||Feb 15, 2022 - Feb 21, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.50|
Silicon Labs (SLAB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
There are deals to be had in the semiconductor industry, and Magnachip has become a buyout target in recent weeks.
Magnachip (MX) delivered earnings and revenue surprises of 12% and 1.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?