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 $125.41, up 5.28% from the previous day, and has decreased 23.59% in one year. It has underperformed other stocks in the Semiconductors industry by 0.5 percentage points. Silicon Laboratories stock is currently +68.2% from its 52-week low of $74.56, and -24.88% from its 52-week high of $166.94.
At the moment, there are 31.9M SLAB shares outstanding. The market value of SLAB is $4.00B. In the last 24 hours, 730,406 SLAB shares were traded.
How to Buy Silicon Laboratories Stock
Not sure how to invest in Silicon Laboratories stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select 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 market research website can help you decide 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 shares at a given price.
- 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.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 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.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
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.
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
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 3.31x, relative to Semiconductors industry P/B ratio of 7.56x
You can access more valuation research on SLAB's stock here.
SLAB Financial Health
Positive Financial Indicators:
- SLAB has cash burn of 52630000. 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 $439.22M in cash and short term investments. This is sufficient to cover its annual cash burn of $52.63M.
- SLAB has a low debt to equity ratio of 0.19.
- 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 8.9% to -4.4% 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
SLAB Growth Metrics
Last year, SLAB revenue was $782.26M. Over the past five year, SLAB's revenue has gone up by -2.06% per year. This was slower than the Semiconductors industry average of 23.46%.
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 $398,141.38 worth of SLAB shares on Dec 4, 2023.
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.
Click below to see what other traders have to say.
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.
If you require additional help with investing in stocks on eToro, click the helpful video below:
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:
- 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, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your investment in Silicon Laboratories, add SLAB to your watchlist below.
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