SiTime Corp (NASDAQ:SITM)’s traded shares stood at 0.32 million during the last session, with the company’s beta value hitting 2.26. At the close of trading, the stock’s price was $130.00, to imply a decrease of -0.04% or -$0.05 in intraday trading. The SITM share’s 52-week high remains $268.18, putting it -106.29% down since that peak but still an impressive 44.32% since price per share fell to its 52-week low of $72.39. The company has a valuation of $3.07B, with an average of 0.42 million shares in intraday trading volume over the past 10 days and average of 341.02K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for SiTime Corp (SITM), translating to a mean rating of 2.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give SITM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.11.
SiTime Corp (NASDAQ:SITM) trade information
After registering a -0.04% downside in the last session, SiTime Corp (SITM) has traded red over the past five days. The 5-day price performance for the stock is 9.03%, and -17.94% over 30 days. With these gigs, the year-to-date price performance is -39.40%. Short interest in SiTime Corp (NASDAQ:SITM) saw shorts transact 1.31 million shares and set a 3.3 days time to cover.
The extremes give us $225 and $250 for target low and target high price respectively. As such, SITM has been trading -92.31% off suggested target high and -73.08% from its likely low.
SiTime Corp (SITM) estimates and forecasts
The rating firms project that company’s revenue will grow 26.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 54.01M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 57.79M.Earnings reports from the last fiscal year show that sales brought in 33.02M and 43.87M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 63.55% before jumping 31.75% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -45.27% for the past 5-year period. While 2025 is set for a 59.59% return in earnings, projections for the next 5 years are at 59.87% annually.
SITM Dividends
SiTime Corp has its next earnings report out on 2025-Feb-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
SiTime Corp (NASDAQ:SITM)’s Major holders
SiTime Corp insiders hold 18.23% of total outstanding shares, with institutional holders owning 86.30% of the shares at 105.53% float percentage. In total, 86.30% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 3.43 million shares (or 14.9181% of shares), all amounting to roughly $426.71 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 2.77 million shares, or about 12.0532% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $344.77 million.
We also have iShares Trust-iShares Core S&P Small-Cap ETF and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund as the top two Mutual Funds with the largest holdings of the SiTime Corp (SITM) shares. Going by data provided on Feb 28, 2025 , iShares Trust-iShares Core S&P Small-Cap ETF holds roughly 1.21 shares. This is just over 5.11% of the total shares, with a market valuation of $156.8 million. Data from the same date shows that the other fund manager holds a little less at 797.67, or 3.38% of the shares, all valued at about 103.7 million.
