Lattice Semiconductor Corp.’s Market Journey: Closing Weak at 54.96, Down -0.20

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The closing price of Lattice Semiconductor Corp. (NASDAQ: LSCC) was $54.96 for the day, down -0.20% from the previous closing price of $55.07. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 2.87 million shares were traded. LSCC stock price reached its highest trading level at $56.95 during the session, while it also had its lowest trading level at $54.52.

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 70.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.71. 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:

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 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 7559527936 and an Enterprise Value of 7470947840. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.16, and their Forward P/E ratio for the next fiscal year is 32.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.90 while its Price-to-Book (P/B) ratio in mrq is 11.07. Its current Enterprise Value per Revenue stands at 10.77 whereas that against EBITDA is 35.787.

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 $51.96. The 50-Day Moving Average of the stock is -12.96%, while the 200-Day Moving Average is calculated to be -18.81%.

Shares Statistics:

LSCC traded an average of 2.18M shares per day over the past three months and 2434540 shares per day 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 112.93% stake in the company. Shares short for LSCC as of 1721001600 were 9668164 with a Short Ratio of 4.43, compared to 1718323200 on 9353902. Therefore, it implies a Short% of Shares Outstanding of 9668164 and a Short% of Float of 9.3100004.

Earnings Estimates

Lattice Semiconductor Corp. (LSCC) is presently subject to a detailed evaluation by 12.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.24 for the current quarter, with a high estimate of $0.25 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 $1.21 and $1.1 for the fiscal current year, implying an average EPS of $1.17. EPS for the following year is $1.68, with 12.0 analysts recommending between $1.9 and $1.5.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 12 analysts. It ranges from a high estimate of $131M 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 $142.47M. There is a high estimate of $146.9M for the next quarter, whereas the lowest estimate is $136.8M.

A total of 13 analysts have provided revenue estimates for LSCC’s current fiscal year. The highest revenue estimate was $579.81M, while the lowest revenue estimate was $552.8M, resulting in an average revenue estimate of $570.56M. In the same quarter a year ago, actual revenue was $737.15MBased on 13 analysts’ estimates, the company’s revenue will be $696.71M in the next fiscal year. The high estimate is $725M and the low estimate is $660M.

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