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Lattice Semiconductor Corp. (NASDAQ: LSCC) closed the day trading at $43.32 up 0.63% from the previous closing price of $43.05. In other words, the price has increased by $0.63 from its previous closing price. On the day, 2.3 million shares were traded. LSCC stock price reached its highest trading level at $44.13 during the session, while it also had its lowest trading level at $42.1301.
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 54.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.72. 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:
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 5968283136 and an Enterprise Value of 5841102848. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.75, and their Forward P/E ratio for the next fiscal year is 31.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.51 while its Price-to-Book (P/B) ratio in mrq is 8.54. Its current Enterprise Value per Revenue stands at 9.306 whereas that against EBITDA is 32.144.
Stock Price History:
Over the past 52 weeks, LSCC has reached a high of $97.43, while it has fallen to a 52-week low of $41.65. The 50-Day Moving Average of the stock is -17.91%, while the 200-Day Moving Average is calculated to be -33.57%.
Shares Statistics:
Over the past 3-months, LSCC traded about 2.77M shares per day on average, while over the past 10 days, LSCC traded about 3399970 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 108.95% stake in the company. Shares short for LSCC as of 1723680000 were 10530902 with a Short Ratio of 3.81, compared to 1721001600 on 9668164. Therefore, it implies a Short% of Shares Outstanding of 10530902 and a Short% of Float of 10.12.
