For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Lattice Semiconductor Corp.’s stock clocked out at $66.08, down -0.65% from its previous closing price of $66.51. In other words, the price has decreased by $-0.65 from its previous closing price. On the day, 1.85 million shares were traded. LSCC stock price reached its highest trading level at $67.59 during the session, while it also had its lowest trading level at $65.385.
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 70.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.46. For the most recent quarter (mrq), Quick Ratio is recorded 2.76 and its Current Ratio is at 3.78. 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 9088643072 and an Enterprise Value of 9036480512. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.61, and their Forward P/E ratio for the next fiscal year is 36.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.33 while its Price-to-Book (P/B) ratio in mrq is 13.11. Its current Enterprise Value per Revenue stands at 12.259 whereas that against EBITDA is 36.348.
Stock Price History:
The Beta on a monthly basis for LSCC is 1.42, which has changed by -0.26483917 over the last 52 weeks, in comparison to a change of 0.2006725 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 -12.71%, while the 200-Day Moving Average is calculated to be -12.84%.
Shares Statistics:
It appears that LSCC traded 2.14M shares on average per day over the past three months and 1542330 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 109.63% stake in the company. Shares short for LSCC as of 1711584000 were 12373214 with a Short Ratio of 5.77, compared to 1709164800 on 12634073. Therefore, it implies a Short% of Shares Outstanding of 12373214 and a Short% of Float of 11.91.
Earnings Estimates
The current assessment of Lattice Semiconductor Corp. (LSCC) involves the perspectives of Lattice Semiconductor Corporati analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $16.82, with high estimates of $0.00 and low estimates of $2.00.
