Silicon Laboratories Inc (NASDAQ: SLAB) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.
Significant negative changes in fundamentals have recently occurred for Silicon Laboratories Inc (NASDAQ: SLAB): 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 D. 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 D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Silicon Laboratories has a neutral Power Rating of 46 but a poor Appreciation Score of 17, with the Negative Value Trend Rating the result.
Recent Price Action
On 7/24/24, Silicon Laboratories Inc (NASDAQ: SLAB) stock declined slightly by -0.7%, closing at $115.43. Moreover, exceptionally high trading volume at 200% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -7.7% during the last week.
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