Silvaco Group Inc (SVCO) saw downtrend of -2.17% in the recent trading with $4.5 being its most recent. The current price level -54.68% lower than the highest price of $9.93 marked by the stock while trading over the past 52-weeks, whereas it is 30.43% higher than the lowest price of $3.45 the company dropped to over past 52-weeks. The latest news story on SVCO appeared in (GlobeNewswire) under the title “Silvaco To Present at the 28th Annual Needham Growth Conference”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 6 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Silvaco Group Inc Earnings – What Happened With SVCO
Coming around sales and income figures on SVCO Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Silvaco Group Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 30.53 million. SVCO does have institutional investors; and they hold 21.14% of the stock.
As on 2024-06-30, CAPITAL RESEARCH GLOBAL INVESTORS was the top most holder in Silvaco Group Inc (NASDAQ:SVCO) with an ownership of 1.06 million shares of the company or 4.2533 of the stake worth $18.97 million. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 2.8443 of the outstanding shares. Its stake is worth $12.69 million for having 0.71 million shares in hand.
CITADEL ADVISORS LLC also came holding a key position in the company during the recent quarter and it now holds 2.6507 of the outstanding shares. With this there are now 94.0 institutions which have possession in SVCO’s shares.
Key Metrics for SVCO
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Silvaco Group Inc has a debt to equity ratio of 0.07.
