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How to Buy Silicon Motion Technology Stock

Silicon Motion Technology Corp

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices.

Silicon Motion Technology stock last closed at $76.30, up 0.73% from the previous day, and has increased 18.17% in one year. It has underperformed other stocks in the Semiconductors industry by 0.2 percentage points. Silicon Motion Technology stock is currently +54.14% from its 52-week low of $49.50, and -19.96% from its 52-week high of $95.33.

At the moment, there are 132.22M SIMO shares outstanding. The market capitalization of SIMO is $2.52B. In the past 24 hours, 138,853 SIMO shares were traded.

How to Buy Silicon Motion Technology Stock

Wondering how to invest in Silicon Motion Technology stock? Here's how.
  1. Decide where to buy Silicon Motion Technology stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Silicon Motion Technology stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your method of payment and add your info.
  4. Evaluate Silicon Motion Technology stock: The Silicon Motion Technology ticker symbol is SIMO. Is Silicon Motion Technology stock a good investment? Should you buy shares of SIMO? How do SIMO's underlying business fundamentals look? Do top analysts think Silicon Motion Technology is a good buy? Why has SIMO's stock price moved recently? (Hint: Our stock research tools can help you understand if SIMO is a good stock to buy).
  5. Place your SIMO trade: Decide if you will purchase SIMO shares at the current market price or use a limit order to buy SIMO shares at a given price.
  6. Get the latest news on your SIMO position: Create a watchlist to get the latest news on your new investment in Silicon Motion Technology stock.

Step 1: Decide where to buy Silicon Motion Technology stock

You will need a brokerage account in order to access the NASDAQ market and buy SIMO shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal information so you can invest in SIMO stock today.

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Step 3: Put funds into your brokerage account

Now that you have finished signing up on one of the best stock apps, you can securely and quickly fund your account:

Check out the tutorial below for more details depositing funds into your new investment account.

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Step 4: Evaluate Silicon Motion Technology stock

After you have decided on the best place to buy Silicon Motion Technology stock, it's important to analyze their stock prior to buying, so you actually understand the risk as well as the opportunity.

Silicon Motion Technology Metrics

SIMO Price
$76.30
1w %
0.21%
1y %
18.17%
5y %
99.84%
P/E
14.67x
P/B
3.44x
P/S
2.68x
PEG
1.02x
Revenue
$945.92M
Earnings
$172.51M
Fore. Rev. Growth
-16.89%
Fore. Earn. Growth
N/A
Market Cap
$2.52B
Next Earnings
May 2, 2024
Next Dividend
May 23, 2024

Silicon Motion Technology Zen Score

WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on SIMO's stock page.

What is the fair value of SIMO stock?

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

Using relative valuations methods:

  • SIMO could be undervalued based on its P/E ratio of 14.67x, relative to Semiconductors industry P/E ratio of 66.49x
  • SIMO could be undervalued based on its P/B ratio of 3.44x, relative to Semiconductors industry P/B ratio of 8.23x
  • SIMO could be overvalued based on its PEG ratio of 1.02x

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

Is SIMO a healthy company?

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the SIMO balance sheet.
  • There are more short-term assets than long-term liabilities on the SIMO balance sheet.
  • SIMO's operating cash flow of $83.89M allows it to safely service it's debt of $0.00.
  • Total SIMO debt is lower than 5 years ago, relative to shareholder equity.
  • SIMO has a low debt to equity ratio of 0.31.
  • SIMO earnings of $212.65M is not enough to cover its interest payments.

Negative Financial Indicators:

  • SIMO profit margin has gone down from 21.7% to 18.2% in the past year.

Is Silicon Motion Technology stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 4 Equities analysts who track SIMO, the consensus analyst rating on Silicon Motion Technology is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Silicon Motion Technology stock forecast page.

SIMO Technical Indicators

SMA10
75.32
SMA20
73.6
SMA50
69.1
SMA100
64.39
SMA200
61.43
MACD
2.21
MACD Signal
2.09
MACD Histogram
0.11
RSI
66.33
Stochastic %K
53.8
Stochastic %D
60.42
StochRSI %K
27.59
StochRSI %D
49.82

SIMO Performance Metrics

Last year, SIMO earnings were $172.51M. In the last five year, SIMO's earnings have grown by 19.66% per year. This was slower than the Semiconductors industry average of 26.93%.

Last year, SIMO revenue was $945.92M. In the past 5 year, SIMO's revenue has gone up by 12.57% per year. This was slower than the Semiconductors industry average of 23.44%.

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

What are SIMO insiders up to?

In the past 12 months, insiders at SIMO have not bought or sold any shares.

Learn more about who owns SIMO shares here.

Does SIMO stock generate passive income?

Silicon Motion Technology pays a dividend of 1.31%, compared to the Semiconductors industry's average dividend yield of 8.33%. If you owned $1,000 worth of SIMO stock, you would have been paid $13.11 in the past year.

Silicon Motion Technology dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Silicon Motion Technology dividend yield and history here.

SIMO Social Trading Data

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Step 5: Place your SIMO trade

You have two main order types:

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

Press the Open Trade button and your broker will execute your order.

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Step 6: Get the latest news on your SIMO position

Now that you own some SIMO stock, you'll want to keep up with your company.

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

SIMO Feed

How to Buy Stock in Silicon Motion Technology

To summarize, here are the 6 steps to buy Silicon Motion Technology stock:

  1. Decide where to buy Silicon Motion Technology stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Silicon Motion Technology stock
  5. Place your SIMO trade
  6. Get the latest news on your SIMO position

If you require a place to buy stocks, eToro is our favorite venue.

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If you want to get updates on your investment in Silicon Motion Technology, add SIMO to your watchlist by clicking the button below.

NASDAQ: SIMO
$76.30+0.55 (+0.73%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: SIMO
$76.30+0.55 (+0.73%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Silicon Motion Technology share?

As of Mar 27, 2024, it costs $76.30 to buy one share of Silicon Motion Technology 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 0.131 shares of SIMO.

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 Motion Technology stock?

According to 4 Wall Street analysts who monitor Silicon Motion Technology, their consensus recommendation is to buy Silicon Motion Technology stock.

What is the best way to buy Silicon Motion Technology stock?

One way to place an order for Silicon Motion Technology 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.