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The price of Lattice Semiconductor Corp. (NASDAQ: LSCC) closed at $46.00 in the last session, down -0.54% from day before closing price of $46.25. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 1.48 million shares were traded. LSCC stock price reached its highest trading level at $46.64 during the session, while it also had its lowest trading level at $45.59.
Ratios:
We take a closer look at LSCC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 58.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.87. For the most recent quarter (mrq), Quick Ratio is recorded 3.13 and its Current Ratio is at 4.40. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On July 30, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $80 to $60.
BofA Securities Downgraded its Neutral to Underperform on July 30, 2024, whereas the target price for the stock was revised from $83 to $47.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 23 ’24 when ANDERSON JAMES ROBERT sold 44,231 shares for $76.27 per share. The transaction valued at 3,373,518 led to the insider holds 715,055 shares of the business.
Feanny Tracy Ann sold 703 shares of LSCC for $54,729 on May 23 ’24. The SVP, General Counsel now owns 12,084 shares after completing the transaction at $77.85 per share. On May 22 ’24, another insider, ANDERSON JAMES ROBERT, who serves as the President, CEO of the company, sold 30,000 shares for $75.12 each. As a result, the insider received 2,253,461 and left with 759,286 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 6371965440 and an Enterprise Value of 6247531008. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.71, and their Forward P/E ratio for the next fiscal year is 33.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.10 while its Price-to-Book (P/B) ratio in mrq is 9.07. Its current Enterprise Value per Revenue stands at 9.954 whereas that against EBITDA is 34.381.
Stock Price History:
Over the past 52 weeks, LSCC has reached a high of $98.30, while it has fallen to a 52-week low of $41.65. The 50-Day Moving Average of the stock is -20.35%, while the 200-Day Moving Average is calculated to be -30.56%.
Shares Statistics:
According to the various share statistics, LSCC traded on average about 2.58M shares per day over the past 3-months and 4492710 shares per day over the past 10 days. A total of 137.34M shares are outstanding, with a floating share count of 136.17M. Insiders hold about 1.16% of the company’s shares, while institutions hold 113.32% stake in the company. Shares short for LSCC as of 1721001600 were 9668164 with a Short Ratio of 3.93, compared to 1718323200 on 9353902. Therefore, it implies a Short% of Shares Outstanding of 9668164 and a Short% of Float of 9.29.
