Market Highlights: Lattice Semiconductor Corp. (LSCC) Ends on a High Note at 52.14

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The price of Lattice Semiconductor Corp. (NASDAQ: LSCC) closed at $52.14 in the last session, up 0.13% from day before closing price of $52.07. In other words, the price has increased by $0.13 from its previous closing price. On the day, 1.54 million shares were traded. LSCC stock price reached its highest trading level at $52.8615 during the session, while it also had its lowest trading level at $51.765.

Ratios:

We take a closer look at LSCC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 65.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.79. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 7183432192 and an Enterprise Value of 7093452288. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.21, and their Forward P/E ratio for the next fiscal year is 37.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.44 while its Price-to-Book (P/B) ratio in mrq is 10.28. Its current Enterprise Value per Revenue stands at 11.301 whereas that against EBITDA is 39.036.

Stock Price History:

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 7.54%, while the 200-Day Moving Average is calculated to be -17.58%.

Shares Statistics:

According to the various share statistics, LSCC traded on average about 2.86M shares per day over the past 3-months and 1656010 shares per day over the past 10 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 108.79% stake in the company. Shares short for LSCC as of 1727654400 were 10513629 with a Short Ratio of 3.68, compared to 1724976000 on 12161911. Therefore, it implies a Short% of Shares Outstanding of 10513629 and a Short% of Float of 10.100000000000001.

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