Continue reading Closing Bell: Slow Growth Better Than No Growth (NYT, SLAB, V, MA, ZGEN, JASO)

Closing Bell: Slow Growth Better Than No Growth (NYT, SLAB, V, MA, ZGEN, JASO) originally appeared on BloggingStocks on Wed, 08 Sep 2010 16:00:00 EST. Please see our terms for use of feeds.

Silicon Laboratories (NASDAQ: SLAB) designs and develops analog-intensive, mixed-signal integrated circuits (ICs) for a broad range of applications. Its products are commonly found in mobile handsets, satellite set top boxes, automotive sensors, radio tuners, industrial controls and optical networking equipment. Silicon Laboratories is a fabless company, employing Taiwan Semiconductor Manufacturing (NYSE: TSM) to produce its ICs. Most sales are made to customers outside the United States. Texas Instruments (NYSE: TXN) is a major competitor.

The firm pleased investors last week, when it reported Q4 EPS of 46 cents and revenues of $100 million. Analysts had been expecting 38 cents and $95.6 million. Management also guided Q1 revenues to $93-$97 million, versus consensus of $90 million. Lehman Brothers subsequently reiterated its "overweight" rating on the issue. Kaufman Brothers and Wedbush Morgan reiterated "buys". The brokers declared price targets in the $37-$40 range.

Continue reading Silicon Laboratories (SLAB): Defining bullish 'flag' consolidation pattern

Silicon Laboratories (SLAB): Defining bullish 'flag' consolidation pattern originally appeared on BloggingStocks on Mon, 04 Feb 2008 11:00:00 EST. Please see our terms for use of feeds.

Mixed-signal semiconductor designs can offer consumer electronics manufacturers significant advantages in performance, size, cost and power consumption. One of the best known designers of such integrated circuits is headquartered in Austin, Texas.

Silicon Laboratories (NASDAQ: SLAB) designs and develops analog-intensive, mixed-signal integrated circuits (ICs) for a broad range of applications. Its products are commonly found in mobile handsets, satellite set top boxes, automotive sensors, radio tuners, industrial controls and optical networking equipment. Silicon Laboratories is a fabless company, employing Taiwan Semiconductor Manufacturing (NYSE: TSM) to produce its ICs. Most sales are made to customers outside the United States. Texas Instruments (NYSE: TXN) is a major competitor.

The firm pleased investors last week when it reported Q3 EPS of 36 cents and revenues of $87.9 million. Analysts had been expecting 30 cents and $83 million. Management also guided Q4 revenues to $93-$97 million, versus consensus of $90 million. Wedbush Morgan, Lehman Brothers and Deutsche Securities subsequently reiterated "buy" recommendations on the issue. The share price popped on the news and then moved into a bullish "flag" consolidation pattern. Stocks frequently exit flags moving in the same direction they were traveling on entry. In this case, that would be to the upside.

Continue reading Silicon Laboratories (SLAB): Earnings pop share price into bullish flag

Silicon Laboratories (SLAB): Earnings pop share price into bullish flag originally appeared on BloggingStocks on Wed, 31 Oct 2007 14:40:00 EST. Please see our terms for use of feeds.