Co. Spotlight - Silicon Labs: | - Co. Spotlights available via RSS feed
| Peaking Out? | 
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| | SLAB | $4.35 | The Good: No debt, lots of cash. The Bad: Lower demand for some of SLAB's products. The Beautiful: Higher demand for most of SLAB's products. | P/E | 19 | | PSR | 5.17 | | ROE | 3.2% | | Debt/Eq. | 0 | | Div. Yield | 0% |
...continued from page 1 The strongest selling products currently are AM/FM receivers where Silicon Labs is in 3 of the top 5 handset makers. Demodulators (for video) are showing strong increases. The company is also winning some design competitions for TV tuners for 2010 production. Nominal short range wireless business is also picking up noticably. More good news is coming from satellite set-top boxes and integrated access devices such as the company's ProSLIC subscriber line interface circuits. Other products are seeing higher orders: PC and USB applications and timing revenues should be up 20% to 30% this year thanks to new clocks and oscillators. On the negative side, the company is seeing lower demand for digital TV, fax, and point of sale systems.
More numbers: Market Cap is $2.00 billion. Price to Book is 3.92. Book value is $11.79. For the last 12 months, Operating margin was 9.62% while Profit margin was 4.46%. There's $312.72 million in cash which makes for $6.97 a share. There is no debt. Current ratio is 5.77. 52-week high on the stock is $49.08. There are 44.86 million shares outstanding with a Float of 40.92. Insiders own 8.53%. Institutions own most of the float. There is no dividend. SLAB's stock had a meteoric rise over the last 10 months, but it also had a remarkable meltdown last year, going from $39.20 to $17. It's recovered all of that and more. Can it go higher? It might but valuations have started to stretch, and any interested investor will want to carefully analyze third quarter earnings on Octobe 28 before venturing into this one. Company Web site: www.slabs.com - Ted Allrich page 1 | page 2 |