Silicon Laboratories Inc (NASDAQ: SLAB) stock closed at $115.70 on 11/6/24 after a major increase of 10.8%. Moreover, exceptionally high trading volume at 266% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -1.7% 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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary 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 very positive 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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