For its second fiscal quarter (ending June 30), Silicom Ltd (NASDAQ: SILC) has reported E.P.S. of $-0.25 compared to $0.56 a year ago. For the latest four quarters through June 30, E.P.S. were $-5.97 versus $2.82 for the same period a year ago.
Recent Price Action
Silicom Ltd (NASDAQ: SILC) stock closed at $13.59 on 7/29/24 after a major decline of -15.6%. Moreover, exceptionally high trading volume at 942% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -14.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, SILC is expected to continue to be Value Creation neutral.
Silicom has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Silicom has a neutral Appreciation Score of 43 and a neutral Power Rating of 42, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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