Silicon Laboratories Inc (NASDAQ: SLAB). Meaningful negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and significant quarterly sales deceleration occurred.
Silicon Laboratories Inc (NASDAQ: SLAB). Important negative changes in investment behavior have recently occurred: its shorter term price trend turned down.
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 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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Silicon Laboratories has a poor Appreciation Score of 19 and a poor Power Rating of 17, producing the Lowest Value Trend Rating.
Recent Price Action
On 9/6/24, Silicon Laboratories Inc (NASDAQ: SLAB) stock declined by -3.1%, closing at $105.53. However, trading volume in this decline was unusually low at 55% of normal. Relative to the market the stock has been weak over the last nine months and has declined -7.5% during the last week.
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