SITM - SiTime Corp Stock Price, Fair Value and News

127.65USD-0.42 (-0.33%)Market Closed

Market Summary

USD127.65-0.42

Market Closed

-0.33%

SITM Alerts

1 major insider sales recently.

Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

SITM Stock Price

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SITM RSI Chart

SITM Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

-31.48

Price/Sales (Trailing)

21.05

EV/EBITDA

-37.77

Price/Free Cashflow

-244.89

SITM Price/Sales (Trailing)

SITM Profitability

Operating Margin

55.32%

EBT Margin

-66.81%

Return on Equity

-13.32%

Return on Assets

-9.84%

Free Cashflow Yield

-0.41%

SITM Fundamentals

SITM Revenue

Revenue (TTM)

138.7M

Rev. Growth (Yr)

-13.88%

Rev. Growth (Qtr)

-22.12%

SITM Earnings

Earnings (TTM)

-92.7M

Earnings Growth (Yr)

-74.07%

Earnings Growth (Qtr)

-43.53%

Breaking Down SITM Revenue

Last 7 days

3.7%

Last 30 days

65.5%

Last 90 days

23.3%

Trailing 12 Months

31.5%

How does SITM drawdown profile look like?

SITM Financial Health

Current Ratio

5.18

SITM Investor Care

Shares Dilution (1Y)

0.79%

Diluted EPS (TTM)

-4.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	138.7M	0	0	0
2023	251.7M	200.0M	162.4M	144.0M
2022	253.5M	288.4M	298.5M	283.6M
2021	130.0M	153.0M	183.3M	218.8M
2020	91.0M	96.6M	104.0M	116.2M
2019	74.3M	75.2M	78.8M	84.1M
2018	0	0	0	85.2M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of SiTime Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 26, 2024	assaderaghi fariborz	sold	-108,514	84.25	-1,288	see remarks
Mar 27, 2024	assaderaghi fariborz	sold	-116,661	90.575	-1,288	see remarks
Mar 15, 2024	sevalia piyush b	acquired	-	-	21,892	evp, marketing
Mar 15, 2024	bonnot lionel	acquired	-	-	21,892	see remarks
Mar 15, 2024	ahamad samsheer	acquired	-	-	17,280	see remarks
Mar 15, 2024	assaderaghi fariborz	acquired	-	-	21,892	see remarks
Mar 15, 2024	pangrazio vincent p	acquired	-	-	11,872	see remarks
Mar 15, 2024	howe elizabeth a.	acquired	-	-	22,516	evp, chief financial officer
Mar 15, 2024	vashist rajesh	acquired	-	-	93,821	chief executive officer
Mar 07, 2024	vashist rajesh	gifted	-	-	1,809	chief executive officer

Which funds bought or sold SITM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-5.21	-287,736	754,359	-%
May 16, 2024	Pineridge Advisors LLC	reduced	-89.32	-23,097	2,051	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-69.83	-5,164,000	1,546,130	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.98	-596,924	1,578,660	-%
May 16, 2024	Grandeur Peak Global Advisors, LLC	added	34.69	247,231	8,883,050	0.70%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-32.32	-2,901,780	3,104,560	0.01%
May 15, 2024	S Squared Technology, LLC	added	36.23	394,343	10,166,400	4.67%
May 15, 2024	Man Group plc	reduced	-33.49	-374,695	386,718	-%
May 15, 2024	LMR Partners LLP	reduced	-54.82	-799,587	421,213	-%
May 15, 2024	Nebula Research & Development LLC	sold off	-100	-512,248	-	-%

Are Funds Buying or Selling SITM?

Are funds buying SITM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SITM

No. of Funds

Unveiling SiTime Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	megachips corp /fi	20.7%	4,700,000	SC 13G/A
Feb 13, 2024	vanguard group inc	9.43%	2,117,349	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 06, 2024	franklin resources inc	5.3%	1,198,841	SC 13G/A
Jan 23, 2024	blackrock inc.	12.0%	2,705,323	SC 13G/A
Jul 07, 2023	blackrock inc.	11.7%	2,569,540	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	7.33%	1,572,229	SC 13G/A
Feb 03, 2023	blackrock inc.	8.5%	1,821,652	SC 13G/A
Feb 01, 2023	franklin resources inc	5.5%	1,172,461	SC 13G/A

Recent SEC filings of SiTime Corp

View All Filings

Date Filed	Form Type	Document
May 16, 2024	SD	SD
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	144	Notice of Insider Sale Intent
May 09, 2024	144	Notice of Insider Sale Intent
May 09, 2024	144	Notice of Insider Sale Intent
May 08, 2024	8-K	Current Report
May 06, 2024	DEFA14A	DEFA14A

Peers (Alternatives to SiTime Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.3T	60.9B	10.07%	191.98%	77.7	37.96	125.85%	581.31%
AMD	265.8B	22.8B	6.78%	52.38%	238.19	11.66	-1.16%	182.53%
AMAT	176.3B	26.5B	6.15%	63.32%	24.63	6.66	0.88%	10.98%
INTC	135.5B	55.2B	-10.79%	7.24%	33.33	2.45	-2.09%	242.32%
ADI	106.2B	11.6B	13.06%	11.40%	37.72	9.18	-8.03%	-17.90%
MID-CAP
AMKR	8.0B	6.4B	8.57%	42.27%	21.55	1.26	-8.17%	-41.71%
CRUS	5.9B	1.8B	29.10%	38.79%	33.72	3.32	-11.16%	-46.12%
ACLS	3.7B	1.1B	11.41%	-21.58%	14.74	3.27	16.34%	32.25%
DIOD	3.4B	1.5B	9.17%	-21.86%	19.88	2.26	-24.64%	-48.42%
AMBA	2.0B	226.5M	12.25%	-31.97%	-11.85	8.86	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	635.7M	-14.73%	144.10%	16.67	2.3	51.02%	67.91%
AOSL	780.7M	657.5M	31.66%	1.34%	-82.59	1.19	-9.15%	-119.91%
AEHR	329.3M	71.9M	2.15%	-64.28%	21.38	4.58	14.14%	8.17%
ATOM	119.4M	550.0K	-21.28%	-51.16%	-6.09	217.05	43.98%	-6.63%
ASYS	75.7M	108.8M	12.21%	-40.21%	-3.53	0.7	1.54%	-244.16%

SiTime Corp News

Latest updates

SiTime Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-22.1%	33,022	42,403	35,520	27,728	38,343	60,839	73,095	79,418	70,253	75,741	63,029	44,496	35,542	40,274	32,667	21,473	21,742	28,089	25,325	15,843	14,817
Cost Of Revenue	-17.9%	15,361	18,710	15,603	12,290	15,302	23,080	25,799	26,744	25,020	23,619	21,334	17,669	16,725	19,203	15,765	11,490	11,766	14,641	13,178	9,469	7,228
Gross Profit	-25.5%	17,661	23,693	19,917	15,438	23,041	37,759	47,296	52,674	45,233	52,123	41,695	26,827	18,817	21,071	16,902	9,983	9,976	13,448	12,147	6,374	7,589
Operating Expenses	3.0%	52,699	51,161	45,094	47,843	45,190	43,491	43,764	40,393	39,173	31,942	27,621	24,753	22,303	18,997	17,462	15,254	14,832	12,418	10,647	11,355	10,011
S&GA Expenses	16.6%	23,913	20,515	21,447	21,276	20,733	19,693	19,886	18,376	18,578	16,090	14,616	12,686	11,123	10,251	8,978	7,856	7,808	6,470	4,869	5,106	4,191
R&D Expenses	11.5%	25,544	22,918	23,647	26,567	24,457	23,798	23,878	22,017	20,595	15,852	13,005	12,067	11,180	8,746	8,484	7,398	7,024	5,949	5,778	6,249	5,820
EBITDA Margin	-20.8%	-0.54*	-0.45*	-0.29*	-0.12*	0.05*	0.12*	0.19*	0.22*	0.20*	0.18*	0.12*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73.00	110	313	303	394	426	456	438
Income Taxes	30.0%	13.00	10.00	49.00	23.00	70.00	-41.00	3.00	52.00	68.00	11.00	4.00	23.00	40.00	-	-	-1.00	2.00	-9.00	-500*	1.00	1.00
Earnings Before Taxes	-43.5%	-28,691	-19,988	-18,076	-25,899	-16,420	-1,569	5,786	12,911	6,208	19,870	13,964	2,046	-3,525	1,991	-667	-5,604	-5,091	624	1,079	-5,448	-2,870
EBT Margin	-19.7%	-0.67*	-0.56*	-0.38*	-0.19*	0.00*	0.08*	0.15*	0.18*	0.17*	0.15*	0.08*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	-43.5%	-28,704	-19,998	-18,125	-25,922	-16,490	-1,528	5,783	12,859	6,140	19,859	13,960	2,023	-3,565	1,991	-667	-5,603	-5,093	633	1,079	-5,449	-2,870
Net Income Margin	-19.6%	-0.67*	-0.56*	-0.38*	-0.19*	0.00*	0.08*	0.15*	0.18*	0.17*	0.15*	0.08*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	72.2%	-1,178	-4,245	-4,985	-1,514	9,855	-1,982	-8,155	5,520	12,576	13,854	15,344	-3,207	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	-1.0%	943	952	748	746	746	751	738	734	698	678	367	334	324	136	128	155	128	123	73.00
Current Assets	-0.8%	618	623	667	663	667	669	662	661	638	626	323	303	298	113	105	132	105	100	53.00
Cash Equivalents	916.8%	96.00	9.00	17.00	-	38.00	35.00	42.00	-	-	559	-	-	-	74.00	-	-	-	-	-
Inventory	13.5%	74.00	66.00	65.00	64.00	60.00	58.00	45.00	34.00	31.00	24.00	20.00	18.00	15.00	12.00	15.00	15.00	14.00	12.00	21.00
Net PPE	-2.4%	53.00	55.00	56.00	56.00	57.00	59.00	56.00	52.00	44.00	38.00	31.00	21.00	15.00	12.00	11.00	10.00	10.00	9.00	11.00
Goodwill	0%	87.00	87.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	1.1%	246	244	37.00	37.00	33.00	42.00	44.00	54.00	44.00	46.00	41.00	30.00	29.00	26.00	25.00	56.00	70.00	61.00	62.00
Current Liabilities	-1.6%	119	121	31.00	30.00	25.00	34.00	35.00	44.00	34.00	37.00	33.00	24.00	22.00	19.00	18.00	48.00	62.00	53.00	59.00
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35.00	50.00	41.00	43.00
Shareholder's Equity	-1.7%	696	708	710	708	714	708	694	680	654	632	326	304	295	110	103	100	58.00	62.00	11.00
Retained Earnings	-32.5%	-117	-88.40	-68.40	-50.28	-24.35	-7.86	-6.34	-12.12	-24.98	-31.12	-50.98	-64.94	-66.96	-63.40	-65.39	-64.72	-59.12	-54.02	-47.42
Additional Paid-In Capital	2.1%	813	796	779	759	738	716	701	692	679	664	377	369	362	173	168	164	117	116	58.00
Shares Outstanding	0.8%	23.00	23.00	22.00	22.00	22.00	22.00	21.00	21.00	21.00	19.00	19.00	18.00	-	-	-	-	-	-	-
Float	-	-	-	-	2,031	-	-	-	2,402	-	-	-	1,593	-	-	-	431,489	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	223.0%	1,729	-1,406	-2,555	68.00	11,949	4,807	-392	15,309	20,028	24,665	24,023	4,315	6,075	6,762	4,187	3,620	2,035	2,496	-294	150	5,026
Share Based Compensation	20.2%	21,703	18,050	18,485	21,160	18,536	21,444	14,470	1,397	14,280	8,437	7,388	7,526	6,660	5,613	4,640	3,268	2,755	-	-	-	-
Cashflow From Investing	1523.6%	91,110	-6,400	-11,994	-7,445	-10,821	-12,178	-530,265	-9,610	-8,035	-11,304	-10,519	-7,729	-4,236	-2,444	-2,468	-1,464	-1,417	-992	-868	-964	-378
Cashflow From Financing	-1171.4%	-6,032	563	885	-513	2,534	366	-8,026	-	-	279,058	-	-	181,588	-1.00	-34,997	29,082	7,212	52,682	-1,267	-	-

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SITM Income Statement

2024-03-31

Condensed Consolidated Statements Of Operations And Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 33,022	$ 38,343
Cost of revenue	15,361	15,302
Gross profit	17,661	23,041
Operating expenses:
Research and development	25,544	24,457
Selling, general and administrative	23,913	20,733
Acquisition related costs	3,242	0
Total operating expenses	52,699	45,190
Loss from operations	(35,038)	(22,149)
Interest income	6,560	5,629
Other income (expense), net	(213)	100
Loss before income taxes	(28,691)	(16,420)
Income tax expense	(13)	(70)
Net loss	(28,704)	(16,490)
Net loss attributable to common stockholders and comprehensive loss	$ (28,704)	$ (16,490)
Net loss per share attributable to common stockholders, basic (in dollars per share)	$ (1.26)	$ (0.76)
Net loss per share attributable to common stockholders, diluted (in dollars per share)	$ (1.26)	$ (0.76)
Weighted-average shares used to compute basic net loss per share (in shares)	22,765	21,794
Weighted-average shares used to compute diluted net loss per share (in shares)	22,765	21,794

SITM Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 96,275	$ 9,468
Short-term investments in held-to-maturity securities	421,006	518,733
Accounts receivable, net	16,774	21,861
Inventories	74,376	65,539
Prepaid expenses and other current assets	9,744	7,641
Total current assets	618,175	623,242
Property and equipment, net	53,394	54,685
Intangible assets, net	175,236	177,079
Right-of-use assets, net	7,582	8,262
Goodwill	87,098	87,098
Other assets	1,138	1,317
Total assets	942,623	951,683
Current liabilities:
Accounts payable	10,790	8,690
Accrued expenses and other current liabilities	108,607	112,704
Total current liabilities	119,397	121,394
Other non-current liabilities	127,016	122,237
Total liabilities	246,413	243,631
Commitments and contingencies (Note 9)
Stockholders’ equity:
Common stock, $0.0001 par value - 200,000 shares authorized; 22,872 and 22,692 shares issued and outstanding at March 31, 2024 and December 31, 2023	2	2
Additional paid-in capital	813,312	796,450
Accumulated deficit	(117,104)	(88,400)
Total stockholders’ equity	696,210	708,052
Total liabilities and stockholders’ equity	$ 942,623	$ 951,683

About SiTime Corp

SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.

CEO	Mr. Rajesh Vashist
WEBSITE	sitime.com
INDUSTRY	Semiconductors
EMPLOYEES	377

SiTime Corp Frequently Asked Questions

What is the ticker symbol for SiTime Corp? What does SITM stand for in stocks?

SITM is the stock ticker symbol of SiTime Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SiTime Corp (SITM)?

As of Fri May 17 2024, market cap of SiTime Corp is 2.92 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SITM stock?

You can check SITM's fair value in chart for subscribers.

What is the fair value of SITM stock?

You can check SITM's fair value in chart for subscribers. The fair value of SiTime Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SiTime Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SITM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SiTime Corp a good stock to buy?

The fair value guage provides a quick view whether SITM is over valued or under valued. Whether SiTime Corp is cheap or expensive depends on the assumptions which impact SiTime Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SITM.

What is SiTime Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SITM's PE ratio (Price to Earnings) is -31.48 and Price to Sales (PS) ratio is 21.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SITM PE ratio will change depending on the future growth rate expectations of investors.