Silicon Laboratories Inc (NASDAQ: SLAB) stock suffered a major decline of -10.2% on 9/3/24. The shares closed at $106.34. This decline was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months and has declined -10.1% during the last week.
Current PriceTarget Research Rating
SLAB’s future returns on capital are forecasted to exceed 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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Silicon Laboratories has a poor Power Rating of 16 and a poor Appreciation Score of 15, leading to the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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