Extremely important negative changes in investment behavior have recently occurred for Silicon Laboratories Inc (NASDAQ: SLAB): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Silicon Laboratories Inc (NASDAQ: SLAB). Important negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
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
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SLAB 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 complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Silicon Laboratories has a slightly negative Power Rating of 40 and a very low Appreciation Score of 14, with the Lowest Value Trend Rating the result.
Recent Price Action
On 4/18/24, Silicon Laboratories Inc (NASDAQ: SLAB) stock declined by -3.3%, closing at $117.50. Moreover, unusually high trading volume at 185% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -9.5% during the last week.
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