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As of close of business last night, Lattice Semiconductor Corp.’s stock clocked out at $67.19, down -2.06% from its previous closing price of $68.60. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 3.45 million shares were traded. LSCC stock price reached its highest trading level at $70.295 during the session, while it also had its lowest trading level at $66.4.
Ratios:
To gain a deeper understanding of LSCC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 85.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.43. 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 0.02 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 27 ’24 when Luther Sherri R sold 23,006 shares for $74.78 per share. The transaction valued at 1,720,342 led to the insider holds 124,116 shares of the business.
O’Rourke Glenn sold 8,594 shares of LSCC for $645,637 on Feb 26 ’24. The SVP, Mfg Ops now owns 0 shares after completing the transaction at $75.13 per share. On Feb 26 ’24, another insider, Feanny Tracy Ann, who serves as the SVP, General Counsel of the company, sold 6,318 shares for $75.14 each. As a result, the insider received 474,725 and left with 11,908 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 9241715712 and an Enterprise Value of 9142278144. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.98, and their Forward P/E ratio for the next fiscal year is 39.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.32 while its Price-to-Book (P/B) ratio in mrq is 13.33. Its current Enterprise Value per Revenue stands at 13.18 whereas that against EBITDA is 43.062.
Stock Price History:
The Beta on a monthly basis for LSCC is 1.41, which has changed by -0.17588615 over the last 52 weeks, in comparison to a change of 0.23568535 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 -11.10%, while the 200-Day Moving Average is calculated to be -10.45%.
Shares Statistics:
It appears that LSCC traded 2.19M shares on average per day over the past three months and 2712040 shares per day over the past ten days. A total of 137.34M shares are outstanding, with a floating share count of 135.74M. Insiders hold about 1.31% of the company’s shares, while institutions hold 109.66% stake in the company. Shares short for LSCC as of 1713139200 were 12975914 with a Short Ratio of 5.92, compared to 1710460800 on 13142995. Therefore, it implies a Short% of Shares Outstanding of 12975914 and a Short% of Float of 12.49.
Earnings Estimates
The firm’s stock currently is rated by 12.0 analysts. On average, analysts expect EPS of $0.24 for the current quarter, with a high estimate of $0.28 and a low estimate of $0.23, while EPS last year was $0.52. The consensus estimate for the next quarter is $0.3, with high estimates of $0.32 and low estimates of $0.27.
Analysts are recommending an EPS of between $1.25 and $1.1 for the fiscal current year, implying an average EPS of $1.18. EPS for the following year is $1.68, with 11.0 analysts recommending between $1.9 and $1.5.
Revenue Estimates
In the current quarter, 12 analysts expect revenue to total $131.01M. It ranges from a high estimate of $140.3M to a low estimate of $130M. As of the current estimate, Lattice Semiconductor Corp.’s year-ago sales were $188.04MFor the next quarter, 12 analysts are estimating revenue of $143.73M. There is a high estimate of $152M for the next quarter, whereas the lowest estimate is $136.8M.
A total of 12 analysts have provided revenue estimates for LSCC’s current fiscal year. The highest revenue estimate was $600M, while the lowest revenue estimate was $552.8M, resulting in an average revenue estimate of $573.22M. In the same quarter a year ago, actual revenue was $737.15MBased on 11 analysts’ estimates, the company’s revenue will be $697.72M in the next fiscal year. The high estimate is $725M and the low estimate is $660M.
