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The closing price of Lattice Semiconductor Corp. (NASDAQ: LSCC) was $46.99 for the day, down -1.65% from the previous closing price of $47.78. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 2.46 million shares were traded. LSCC stock price reached its highest trading level at $47.62 during the session, while it also had its lowest trading level at $46.47.
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 59.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.66. 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:
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 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 6582735360 and an Enterprise Value of 6383925248. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.44, and their Forward P/E ratio for the next fiscal year is 33.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.31 while its Price-to-Book (P/B) ratio in mrq is 9.26. Its current Enterprise Value per Revenue stands at 10.171 whereas that against EBITDA is 35.131.
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 -13.67%, while the 200-Day Moving Average is calculated to be -28.26%.
Shares Statistics:
LSCC traded an average of 2.67M shares per day over the past three months and 2216150 shares per day over the past ten days. 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 108.90% stake in the company. Shares short for LSCC as of 1722384000 were 10122463 with a Short Ratio of 3.79, compared to 1719532800 on 9014424. Therefore, it implies a Short% of Shares Outstanding of 10122463 and a Short% of Float of 9.7200006.
