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Lattice Semiconductor Corp. (NASDAQ: LSCC) closed the day trading at $51.77 down -2.34% from the previous closing price of $53.01. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 1.15 million shares were traded. LSCC stock price reached its highest trading level at $52.92 during the session, while it also had its lowest trading level at $51.26.
Ratios:
For a better understanding of LSCC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 65.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.50. 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 August 08, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $50.
TD Cowen reiterated its Buy rating for the stock on July 30, 2024, while the target price for the stock was revised from $80 to $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 23 ’24 when O’Rourke Glenn bought 1,250 shares for $47.54 per share.
NELSON MARK JON sold 1,232 shares of LSCC for $60,343 on Aug 20 ’24. The SVP, Sales now owns 14,919 shares after completing the transaction at $48.98 per share. On Aug 20 ’24, another insider, Luther Sherri R, who serves as the SVP, CFO of the company, sold 20,632 shares for $48.89 each. As a result, the insider received 1,008,684 and left with 90,341 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 7132456448 and an Enterprise Value of 7042476544. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.94, and their Forward P/E ratio for the next fiscal year is 37.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.36 while its Price-to-Book (P/B) ratio in mrq is 10.21. Its current Enterprise Value per Revenue stands at 11.22 whereas that against EBITDA is 38.755.
Stock Price History:
The Beta on a monthly basis for LSCC is 1.38, which has changed by -0.36935073 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. 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 6.98%, while the 200-Day Moving Average is calculated to be -18.87%.
Shares Statistics:
Over the past 3-months, LSCC traded about 2.90M shares per day on average, while over the past 10 days, LSCC traded about 1923090 shares per day. A total of 137.34M shares are outstanding, with a floating share count of 136.22M. Insiders hold about 1.13% of the company’s shares, while institutions hold 108.86% stake in the company. Shares short for LSCC as of 1726185600 were 11393969 with a Short Ratio of 3.93, compared to 1723680000 on 10530902. Therefore, it implies a Short% of Shares Outstanding of 11393969 and a Short% of Float of 10.95.
