Market Momentum Report: Lattice Semiconductor Corp (LSCC)’s Negative Close at 59.66

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The price of Lattice Semiconductor Corp (NASDAQ: LSCC) closed at $59.66 in the last session, down -2.02% from day before closing price of $60.89. In other words, the price has decreased by -$2.02 from its previous closing price. On the day, 1.02 million shares were traded. LSCC stock price reached its highest trading level at $60.92 during the session, while it also had its lowest trading level at $59.49.

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 66.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.84 and its Current Ratio is at 3.98. 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, TD Cowen on November 05, 2024, Reiterated its Buy rating but revised its target price to $50 from $60 previously.

On September 17, 2024, Stifel Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $55.

Raymond James Upgraded its Mkt Perform to Outperform on August 08, 2024, while the target price for the stock was maintained at $50.

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 Dec 12 ’24 when Desale Pravin sold 1,096 shares for $62.54 per share. The transaction valued at 68,543 led to the insider holds 365 shares of the business.

PRAVIN DESALE bought 1,096 shares of LSCC for $69,053 on Dec 12 ’24. On Dec 06 ’24, another insider, NELSON MARK JON, who serves as the SVP, Sales of the company, sold 1,850 shares for $57.92 each. As a result, the insider received 107,160 and left with 14,279 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 8231350272 and an Enterprise Value of 7881260032. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.81, and their Forward P/E ratio for the next fiscal year is 55.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.63 while its Price-to-Book (P/B) ratio in mrq is 11.70. Its current Enterprise Value per Revenue stands at 14.009 whereas that against EBITDA is 56.679.

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 7.58%, while the 200-Day Moving Average is calculated to be 0.26%.

Shares Statistics:

According to the various share statistics, LSCC traded on average about 2.21M shares per day over the past 3-months and 2236220 shares per day over the past 10 days. A total of 137.94M shares are outstanding, with a floating share count of 136.37M. Insiders hold about 1.16% of the company’s shares, while institutions hold 110.92% stake in the company. Shares short for LSCC as of 1732838400 were 11558146 with a Short Ratio of 5.05, compared to 1730332800 on 10302508. Therefore, it implies a Short% of Shares Outstanding of 11558146 and a Short% of Float of 11.08.

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