In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Lattice Semiconductor Corp (NASDAQ: LSCC) was $57.71 for the day, down -2.78% from the previous closing price of $59.36. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 2.05 million shares were traded. LSCC stock price reached its highest trading level at $59.95 during the session, while it also had its lowest trading level at $57.56.
Ratios:
Our analysis of LSCC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 64.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.44. For the most recent quarter (mrq), Quick Ratio is recorded 2.84 and its Current Ratio is at 3.98. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on November 05, 2024, Reiterated its Buy rating but revised its target price to $50 from $60 previously.
On September 17, 2024, Stifel Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $55.
Raymond James Upgraded its Mkt Perform to Outperform on August 08, 2024, while the target price for the stock was maintained at $50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 27 ’24 when Stevens Tonya sold 4,526 shares for $56.50 per share. The transaction valued at 255,719 led to the insider holds 75,234 shares of the business.
Luther Sherri R bought 7,963 shares of LSCC for $445,928 on Nov 27 ’24. On Nov 26 ’24, another insider, Stevens Tonya, who serves as the Interim CFO of the company, sold 365 shares for $56.10 each. As a result, the insider received 20,477 and left with 79,760 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LSCC now has a Market Capitalization of 8189972480 and an Enterprise Value of 7859184640. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.92, and their Forward P/E ratio for the next fiscal year is 54.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.15 while its Price-to-Book (P/B) ratio in mrq is 11.31. Its current Enterprise Value per Revenue stands at 13.97 whereas that against EBITDA is 56.52.
Stock Price History:
Over the past 52 weeks, LSCC has reached a high of $85.69, while it has fallen to a 52-week low of $40.65. The 50-Day Moving Average of the stock is 8.74%, while the 200-Day Moving Average is calculated to be -4.95%.
Shares Statistics:
LSCC traded an average of 2.39M shares per day over the past three months and 1776820 shares per day over the past ten days. A total of 137.94M shares are outstanding, with a floating share count of 136.35M. Insiders hold about 1.17% of the company’s shares, while institutions hold 110.93% stake in the company. Shares short for LSCC as of 1731628800 were 10866497 with a Short Ratio of 4.56, compared to 1728950400 on 10368266. Therefore, it implies a Short% of Shares Outstanding of 10866497 and a Short% of Float of 10.42.
