Sitime Stock Today

SITM Stock  USD 210.50  1.83  0.88%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 11

 
High
 
Low
Low
Sitime is selling at 210.50 as of the 21st of November 2024; that is 0.88% increase since the beginning of the trading day. The stock's lowest day price was 206.97. Sitime has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Sitime are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
20th of November 2019
Category
Technology
Classification
Information Technology
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California. Sitime Corp operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. The company has 23.36 M outstanding shares of which 1.55 M shares are at this time shorted by private and institutional investors with about 10.28 trading days to cover. More on Sitime

Moving together with Sitime Stock

  0.63FTCI FTC SolarPairCorr
  0.93INTC Intel Fiscal Year End 23rd of January 2025 PairCorr

Moving against Sitime Stock

  0.81ENPH Enphase EnergyPairCorr
  0.76SEDG SolarEdge TechnologiesPairCorr
  0.71ACLS Axcelis TechnologiesPairCorr
  0.64VRRM Verra Mobility CorpPairCorr
  0.59AMKR Amkor TechnologyPairCorr
  0.52FSLR First SolarPairCorr

Sitime Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President ChairmanRajesh Vashist
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.1513
Significantly Down
Slightly volatile
Gross Profit Margin0.420.5701
Way Down
Slightly volatile
Total Current Liabilities127.5 M121.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total128.3 M122.2 M
Sufficiently Up
Slightly volatile
Total Assets999.3 M951.7 M
Sufficiently Up
Slightly volatile
Total Current Assets351.7 M623.2 M
Way Down
Slightly volatile
Debt Levels
Sitime can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sitime's financial leverage. It provides some insight into what part of Sitime's total assets is financed by creditors.
Liquidity
Sitime currently holds 8.02 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Sitime has a current ratio of 14.85, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Sitime's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(4.54 Million)
Sitime (SITM) is traded on NASDAQ Exchange in USA. It is located in 5451 Patrick Henry Drive, Santa Clara, CA, United States, 95054 and employs 382 people. Sitime is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.87 B. Sitime conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 23.36 M outstanding shares of which 1.55 M shares are at this time shorted by private and institutional investors with about 10.28 trading days to cover. Sitime currently holds about 580.29 M in cash with 8.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.26.
Check Sitime Probability Of Bankruptcy
Ownership Allocation
Sitime shows a total of 23.36 Million outstanding shares. The majority of Sitime outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sitime to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sitime. Please pay attention to any change in the institutional holdings of Sitime as this could imply that something significant has changed or is about to change at the company. Also note that roughly one million eight hundred thirty-eight thousand five hundred eighty-nine invesors are currently shorting Sitime expressing very little confidence in its future performance.
Check Sitime Ownership Details

Sitime Stock Institutional Holders

InstituionRecorded OnShares
Gilder Gagnon Howe & Co Llc2024-09-30
382.8 K
Hood River Capital Management Llc2024-09-30
332.3 K
Dimensional Fund Advisors, Inc.2024-09-30
285 K
Morgan Stanley - Brokerage Accounts2024-06-30
267.2 K
Jennison Associates Llc2024-09-30
258.2 K
Amvescap Plc.2024-06-30
239.6 K
Northern Trust Corp2024-09-30
228.2 K
William Blair Investment Management, Llc2024-09-30
172.3 K
Charles Schwab Investment Management Inc2024-09-30
165.8 K
Fmr Inc2024-09-30
3.5 M
Blackrock Inc2024-06-30
2.8 M
View Sitime Diagnostics

Sitime Historical Income Statement

At this time, Sitime's Cost Of Revenue is very stable compared to the past year. As of the 21st of November 2024, Total Other Income Expense Net is likely to grow to about 28.2 M, while Selling General Administrative is likely to drop about 43.9 M. View More Fundamentals

Sitime Stock Against Markets

Sitime Corporate Management

When determining whether Sitime is a strong investment it is important to analyze Sitime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sitime's future performance. For an informed investment choice regarding Sitime Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sitime. If investors know Sitime will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sitime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Earnings Share
(4.13)
Revenue Per Share
7.732
Quarterly Revenue Growth
0.624
Return On Assets
(0.08)
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sitime's market value can be influenced by many factors that don't directly affect Sitime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.