Shares of Silicom Ltd (NASDAQ:SILC) have earned a consensus broker rating score of 2.00 (Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy rating.

Brokers have set a twelve-month consensus price objective of $75.00 for the company, according to Zacks. Zacks has also assigned Silicom an industry rank of 187 out of 265 based on the ratings given to its competitors.

A number of research analysts have commented on SILC shares. BidaskClub raised Silicom from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Needham & Company LLC increased their target price on Silicom from $67.00 to $75.00 and gave the stock a “buy” rating in a report on Thursday.

A number of large investors have recently added to or reduced their stakes in SILC. Victory Capital Management Inc. lifted its holdings in Silicom by 26.8% during the 1st quarter. Victory Capital Management Inc. now owns 2,179 shares of the technology company’s stock worth $108,000 after buying an additional 461 shares during the last quarter. ETF Managers Group LLC bought a new position in Silicom during the 2nd quarter worth approximately $120,000. American International Group Inc. lifted its holdings in Silicom by 7.2% during the 1st quarter. American International Group Inc. now owns 3,461 shares of the technology company’s stock worth $172,000 after buying an additional 232 shares during the last quarter. Bank of Montreal Can lifted its holdings in Silicom by 73.8% during the 2nd quarter. Bank of Montreal Can now owns 7,191 shares of the technology company’s stock worth $320,000 after buying an additional 3,054 shares during the last quarter. Finally, Westwood Management Corp IL bought a new position in Silicom during the 3rd quarter worth approximately $585,000. 21.69% of the stock is currently owned by institutional investors.

Shares of Silicom (SILC) traded up 2.92% during midday trading on Monday, reaching $72.33. The company’s stock had a trading volume of 57,358 shares. The company’s 50-day moving average price is $60.80 and its 200 day moving average price is $53.27. Silicom has a 1-year low of $34.46 and a 1-year high of $73.68. The firm has a market capitalization of $538.50 million, a PE ratio of 37.46 and a beta of 1.24.

Silicom (NASDAQ:SILC) last released its earnings results on Wednesday, October 25th. The technology company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.04. Silicom had a return on equity of 12.77% and a net margin of 13.68%. The company had revenue of $32.30 million for the quarter, compared to the consensus estimate of $31.11 million. During the same quarter last year, the business posted $0.53 EPS. Silicom’s quarterly revenue was up 30.8% compared to the same quarter last year. On average, equities research analysts forecast that Silicom will post $2.77 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Brokerages Set $75.00 Price Target for Silicom Ltd (SILC)” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at

About Silicom

Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server-based systems and communications devices. The Company’s products include server network interface cards with and without bypass (Server Adapters); Intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features and/or compute blades (Smart Cards), and standalone Products.

Get a free copy of the Zacks research report on Silicom (SILC)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Stock Ratings for Silicom Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicom Ltd and related stocks with our FREE daily email newsletter.