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In the latest session, Lattice Semiconductor Corp. (NASDAQ: LSCC) closed at $61.60 up 3.10% from its previous closing price of $59.75. In other words, the price has increased by $3.10 from its previous closing price. On the day, 2.83 million shares were traded. LSCC stock price reached its highest trading level at $61.71 during the session, while it also had its lowest trading level at $60.25.
Ratios:
For a deeper understanding of Lattice Semiconductor Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 78.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.78. For the most recent quarter (mrq), Quick Ratio is recorded 3.01 and its Current Ratio is at 4.18. 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, Deutsche Bank on November 30, 2023, initiated with a Buy rating and assigned the stock a target price of $70.
On October 24, 2023, Needham started tracking the stock assigning a Buy rating and target price of $90.
On September 29, 2023, BofA Securities started tracking the stock assigning a Neutral rating and target price of $95.BofA Securities initiated its Neutral rating on September 29, 2023, with a $95 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 8472833536 and an Enterprise Value of 8384256000. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.41, and their Forward P/E ratio for the next fiscal year is 36.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.22 while its Price-to-Book (P/B) ratio in mrq is 12.41. Its current Enterprise Value per Revenue stands at 12.087 whereas that against EBITDA is 40.162.
Stock Price History:
The Beta on a monthly basis for LSCC is 1.38, which has changed by -0.3578651 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, LSCC has reached a high of $98.30, while it has fallen to a 52-week low of $51.96. The 50-Day Moving Average of the stock is -7.24%, while the 200-Day Moving Average is calculated to be -11.05%.
Shares Statistics:
For the past three months, LSCC has traded an average of 2.09M shares per day and 1835320 over the past ten days. A total of 137.34M shares are outstanding, with a floating share count of 135.95M. Insiders hold about 1.16% of the company’s shares, while institutions hold 112.54% stake in the company. Shares short for LSCC as of 1718323200 were 9353902 with a Short Ratio of 4.46, compared to 1715731200 on 11895286. Therefore, it implies a Short% of Shares Outstanding of 9353902 and a Short% of Float of 9.0100005.
