In last trading session, SiTime Corp (NASDAQ:SITM) saw 0.64 million shares changing hands with its beta currently measuring 2.28. Company’s recent per share price level of $119.23 trading at -$8.17 or -6.41% at ring of the bell on the day assigns it a market valuation of $2.81B. That closing price of SITM’s stock is at a discount of -124.93% from its 52-week high price of $268.18 and is indicating a premium of 39.29% from its 52-week low price of $72.39. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.31 million shares which gives us an average trading volume of 316.63K if we extend that period to 3-months.
For SiTime Corp (SITM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.11 in the current quarter.
SiTime Corp (NASDAQ:SITM) trade information
Upright in the red during last session for losing -6.41%, in the last five days SITM remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $119.23 price level, adding 25.84% to its value on the day. SiTime Corp’s shares saw a change of -44.42% in year-to-date performance and have moved -21.77% in past 5-day. SiTime Corp (NASDAQ:SITM) showed a performance of -33.05% in past 30-days. Number of shares sold short was 1.31 million shares which calculate 3.3 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 237.5 to the stock, which implies a rise of 49.8% to its current value. Analysts have been projecting 225 as a low price target for the stock while placing it at a high target of 250. It follows that stock’s current price would drop -88.71% in reaching the projected high whereas dropping to the targeted low would mean a loss of -88.71% for stock’s current value.
SiTime Corp (SITM) estimates and forecasts
This year revenue growth is estimated to rise 26.90% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 54.01M for the same. And 5 analysts are in estimates of company making revenue of 57.79M in the next quarter. Company posted 33.02M and 43.87M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -45.27% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 59.59% while estimates for its earnings growth in next 5 years are of 59.87%.
SiTime Corp (NASDAQ:SITM)’s Major holders
Insiders are in possession of 18.23% of company’s total shares while institution are holding 86.30 percent of that, with stock having share float percentage of 105.53%. Investors also watch the number of corporate investors in a company very closely, which is 86.30% institutions for SiTime Corp that are currently holding shares of the company. FMR LLC is the top institutional holder at SITM for having 3.43 million shares of worth $426.71 million. And as of 2024-06-30, it was holding 14.9181 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.77 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.0532 of outstanding shares, having a total worth of $344.77 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 1.21 shares of worth $143.81 million or 5.11% of the total outstanding shares. The later fund manager was in possession of 797.67 shares on Feb 28, 2025 , making its stake of worth around $95.11 million in the company or a holder of 3.38% of company’s stock.
