Recent exceptional negative changes in investment behavior have affected Silicon Laboratories Inc (NASDAQ: SLAB): its longer term price trend turned down, and negative upside/downside volume developed.
Silicon Laboratories Inc (NASDAQ: SLAB) suffers from significant negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
SLAB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Silicon Laboratories has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Silicon Laboratories has a neutral Power Rating of 41 but a very low Appreciation Score of 12, resulting in the Lowest Value Trend Rating.
Recent Price Action
On 3/14/24, Silicon Laboratories Inc (NASDAQ: SLAB) stock declined by -4.4%, closing at $134.05. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -9.0% during the last week.
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