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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 $117.25, down 1.11% from the previous day, and has decreased 25.37% in one year. It has underperformed other stocks in the Semiconductors industry by 0.47 percentage points. Silicon Laboratories stock is currently +57.26% from its 52-week low of $74.56, and -29.77% from its 52-week high of $166.94.

At the moment, there are 31.92M SLAB shares outstanding. The market value of SLAB is $3.74B. In the last 24 hours, 468,294 SLAB shares were traded.

How to Buy Silicon Laboratories Stock

Not sure how to invest in Silicon Laboratories stock? Here's how.
  1. Decide where to buy Silicon Laboratories stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Silicon Laboratories stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your payment method and add your details.
  4. 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 market research website can help you decide if SLAB is a good stock to buy).
  5. 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 shares at a given price.
  6. Track your SLAB position: Create a watchlist to get the latest news on your position in Silicon Laboratories shares.

Step 1: Decide where to buy Silicon Laboratories stock

You will need a brokerage account to access the NASDAQ market and buy SLAB shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal info so you are able to invest in SLAB stock today.

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Step 3: Fund your brokerage account

Now that you have opened your account on the best stock app, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Research Silicon Laboratories stock

Once you have chosen the best place to buy Silicon Laboratories stock, it's important to evaluate their stock prior to buying, so you can comprehend the risk as well as the opportunity.

Silicon Laboratories stock at a glance

SLAB Price
$117.25
1w %
-3.7%
1y %
-25.37%
5y %
17.04%
P/E
-35.64x
P/B
3.21x
P/S
5.83x
PEG
N/A
Revenue
$641.85M
Earnings
-$105.01M
Fore. Rev. Growth
18.76%
Fore. Earn. Growth
N/A
Market Cap
$3.74B
Next Earnings
Jul 24, 2024
Next Dividend
N/A

Fundamentals of Silicon Laboratories

WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.

You can view all of the due diligence checks on SLAB's stock page.

Is SLAB stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge SLAB's true value.

Using relative valuations metrics:

  • SLAB may be undervalued based on its P/B ratio of 3.21x, relative to Semiconductors industry P/B ratio of 9.6x

You can access more valuation research on SLAB's stock here.

SLAB Financial Health

Positive Financial Indicators:

  • SLAB has cash burn of 105540000. It has enough cash and short-term investments to cover this for at least one year.
  • Total SLAB debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the SLAB balance sheet.
  • SLAB has $332.69M in cash and short term investments. This is sufficient to cover its annual cash burn of $105.54M.
  • SLAB has a low debt to equity ratio of 0.15.
  • There are more short-term assets than long-term liabilities on the SLAB balance sheet.

Negative Financial Indicators:

  • SLAB profit margin has gone down from 8% to -16.4% in the past year.

Is SLAB stock a Buy, Hold, or Sell, according to analysts?

Out of 5 sell side analysts who give ratings on SLAB, the consensus analyst rating on Silicon Laboratories is a Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Silicon Laboratories stock forecast page.

Metrics for Advanced SLAB Traders

SMA10
121.75
SMA20
125.36
SMA50
125.28
SMA100
130.28
SMA200
122.34
MACD
-1.99
MACD Signal
-1.09
MACD Histogram
-0.9
RSI
37.79
Stochastic %K
9.75
Stochastic %D
10.44
StochRSI %K
0
StochRSI %D
5.29

SLAB Growth Metrics

Last year, SLAB revenue was $641.85M. Over the past five year, SLAB's revenue has gone up by -5.49% per year. This was slower than the Semiconductors industry average of 31.69%.

Find out more about SLAB's earnings and revenue performance here.

Who is buying/selling SLAB?

Over the past 12 months, executives and large shareholders at SLAB have sold more shares than they have bought.

Robert Matthew Johnson, President CEO of SLAB, was the latest SLAB insider to sell. They sold $895,074.00 worth of SLAB shares on Jun 3, 2024.

Research more about who owns SLAB shares here.

Can I get consistent income from SLAB stock?

No, Silicon Laboratories doesn't provide an income stream by paying out dividends.

What others are saying about SLAB

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your SLAB buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price limit, place a limit order.

Press the Open button and eToro will execute the order.

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Step 6: Track your SLAB position

Now that you own some shares in SLAB, you'll want to stay up-to-date on your new stock purchase.

Put SLAB on a watchlist to keep track of your SLAB stock.

SLAB Feed

How to Buy Stock in Silicon Laboratories

To reiterate, here are the 6 steps you need to take to buy Silicon Laboratories stock right now:

  1. Decide where to buy Silicon Laboratories stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Research Silicon Laboratories stock
  5. Make your SLAB buy order
  6. Track your SLAB position

If you require a brokerage, eToro is our recommended option.

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If you want to keep track of your investment in Silicon Laboratories, add SLAB to your watchlist below.

NASDAQ: SLAB
$117.25-1.32 (-1.11%)
Updated Jun 11, 2024
Open eToro Account
NASDAQ: SLAB
$117.25-1.32 (-1.11%)
Updated Jun 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Silicon Laboratories share?

As of Jun 11, 2024, it costs $117.25 to buy one share of Silicon Laboratories stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.085 shares of SLAB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Silicon Laboratories stock?

According to 5 Wall Street analysts who monitor Silicon Laboratories, their consensus recommendation is to buy Silicon Laboratories stock.

What is the best way to buy Silicon Laboratories stock?

One way to place an order for Silicon Laboratories stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.