How to Buy Silicon Laboratories Stock
Silicon Laboratories Inc
Silicon Laboratories Inc. , a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, and internationally. The company's products include wireless microcontrollers and sensor products.
Silicon Laboratories stock last closed at $176.33, up 0.55% from the previous day, and has increased 15.24% in one year. It has overperformed other stocks in the Semiconductors industry by 0.26 percentage points. Silicon Laboratories stock is currently +61.12% from its 52-week low of $109.44, and -9.43% from its 52-week high of $194.68.
As of Mar 21, 2023, there are 31.9M shares of SLAB outstanding. The market value of SLAB is $5.62B. In the past 24 hours, 390,815 SLAB shares were traded.
How to Buy Silicon Laboratories Stock
Wondering how to invest in Silicon Laboratories stock? Here's how.
- Decide where to buy Silicon Laboratories stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Silicon Laboratories stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your details.
- Research Silicon Laboratories stock: The Silicon Laboratories ticker symbol is SLAB. Is Silicon Laboratories stock a good investment? Should you buy shares of SLAB? How do SLAB's underlying business fundamentals look? Do top analysts think Silicon Laboratories is a good buy? Why has SLAB's stock price moved recently? (Hint: Our stock research website can help you evaluate if SLAB is a good stock to buy).
- Make your SLAB buy order: Decide if you will purchase SLAB shares at the current market price or use a limit order to purchase SLAB stock at a particular price.
- Track your SLAB position: Create a watchlist to watch your investment in Silicon Laboratories shares.
Step 1: Decide where to buy Silicon Laboratories stock
You will need an online brokerage account to access the NASDAQ market and buy SLAB stock.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you are able to invest in SLAB stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to open your new trading account.
- Send your details by pressing the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have opened your account on our top ranked stock trading app, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing funds into your new investment account.
Step 4: Research Silicon Laboratories stock
After you have figured out the best place to buy Silicon Laboratories stock, it's crucial to research their stock before you buy, so you actually understand the risk as well as the opportunity.
Silicon Laboratories Numbers
Silicon Laboratories Overview
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SLAB's stock page.
Is SLAB stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SLAB's true value.
Using relative valuations methods:
- SLAB could be overvalued based on its P/E ratio of 67.56x, relative to Semiconductors industry P/E ratio of 52.86x
- SLAB may be undervalued based on its P/B ratio of 4x, relative to Semiconductors industry P/B ratio of 4.73x
- SLAB could be overvalued based on its PEG ratio of 2.54x
You can do more valuation research on SLAB's stock here.
SLAB Financial Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the SLAB balance sheet.
- Total SLAB debt is lower than 5 years ago, relative to shareholder equity.
- SLAB earnings of $136.58M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SLAB balance sheet.
Negative Financial Indicators:
- SLAB has a relatively high debt to equity ratio of 0.54.
- SLAB's operating cash flow of $71.81M allows it to safely service it's debt of $529.57M.
- SLAB profit margin has gone down from 293.7% to 8.9% in the past year.
Do Wall Street analysts think it's a good time to buy SLAB stock
Out of 9 sell side analysts who give ratings on SLAB, the consensus analyst rating on Silicon Laboratories is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent SLAB Analyst Recommendations
Atif Malik, a top 4% analyst from Citigroup maintains SLAB with a hold rating and raises their SLAB price target from $150.00 to $186.00, on Feb 7, 2023.
Gary Mobley, a top 12% analyst from Wells Fargo maintains SLAB with a strong buy rating and raises their SLAB price target from $155.00 to $190.00, on Feb 2, 2023.
Matthew Ramsay, a top 24% analyst from Cowen & Co. maintains SLAB with a buy rating and raises their SLAB price target from $175.00 to $200.00, on Feb 2, 2023.
Craig Hettenbach, a bottom 23% analyst from Morgan Stanley maintains SLAB with a hold rating and raises their SLAB price target from $151.00 to $207.00, on Feb 2, 2023.
John Vinh, a top 9% analyst from KeyBanc maintains SLAB with a strong buy rating and raises their SLAB price target from $160.00 to $210.00, on Feb 2, 2023.
You can dive deeper into what analysts are forecasting on the Silicon Laboratories stock forecast page.
SLAB Technical Indicators
SLAB Growth Metrics
Last year, SLAB earnings were $91.40M. Over the last five year, SLAB's earnings have grown by 18.65% per year. This was slower than the Semiconductors industry average of 18.95%.
Last year, SLAB revenue was $1.02B. During the last 5 year, SLAB's revenue has grown by 5.9% per year. This was slower than the Semiconductors industry average of 16.47%.
You can research SLAB's earnings and revenue performance here.
Are SLAB executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at SLAB have sold more shares than they have bought.
John C. Hollister, Sr VP and CFO of SLAB, was the latest SLAB insider to sell. They sold $163,009.25 worth of SLAB stock on Feb 15, 2023.
Get more info about who owns SLAB shares here.
Can I rely on SLAB as an income stream?
No, Silicon Laboratories doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your SLAB buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, place a limit order.
Press the Open button and your broker will place your order.
If you need more help investing in stocks on eToro, click the how to video below:
Step 6: Track your SLAB position
Now that you own some shares in SLAB, you'll want to keep up with your new shares.
Create a watchlist to track your SLAB stock.
SLAB Feed
How to Buy Stock in Silicon Laboratories
To reiterate, here are the 6 steps to buy Silicon Laboratories stock:
- Decide where to buy Silicon Laboratories stock
- Create your brokerage account
- Fund your brokerage account
- Research Silicon Laboratories stock
- Make your SLAB buy order
- Track your SLAB position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your investment in Silicon Laboratories, create a watchlist on WallStreetZen today.
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