Silicon Laboratories Inc (NASDAQ: SLAB) has reported a loss for its third fiscal quarter (ending September 30) of $-0.88 versus $0.33 for the same period a year ago — a decline of -367%. E.P.S. were $-7.40 for the latest four quarters through September 30 versus $1.89 for the same period a year ago — a decline of -492%.
Recent Price Action
On 11/4/24, Silicon Laboratories Inc (NASDAQ: SLAB) stock declined modestly by -1.4%, closing at $104.74. Moreover, this decline was accompanied by unusually high trading volume at 173% of normal. Relative to the market the stock has been weak over the last nine months and has declined -7.9% 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 23 and a poor Appreciation Score of 20, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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