Silicon Laboratories Inc (NASDAQ: SLAB) has reported E.P.S. of $-1.77 for its first fiscal quarter (ending March 31) versus $0.44 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $-3.28 versus $2.46 for the same period a year ago.
Recent Price Action
Silicon Laboratories Inc (NASDAQ: SLAB) stock suffered a large decline of -8.9% on 4/24/24. The stock closed at $114.26. Moreover, exceptionally high trading volume at 473% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -8.4% during the last week.
Current PriceTarget Research Rating
SLAB is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Silicon Laboratories has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Silicon Laboratories has a neutral Power Rating of 42 but a poor Appreciation Score of 16, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment