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The price of Lattice Semiconductor Corp. (NASDAQ: LSCC) closed at $42.49 in the last session, up 2.04% from day before closing price of $41.64. In other words, the price has increased by $2.04 from its previous closing price. On the day, 3.06 million shares were traded. LSCC stock price reached its highest trading level at $43.03 during the session, while it also had its lowest trading level at $41.48.
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 53.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.06. 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 July 30, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $80 to $60.
BofA Securities Downgraded its Neutral to Underperform on July 30, 2024, whereas the target price for the stock was revised from $83 to $47.
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 5853932544 and an Enterprise Value of 5763950080. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.14, and their Forward P/E ratio for the next fiscal year is 30.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.33 while its Price-to-Book (P/B) ratio in mrq is 8.38. Its current Enterprise Value per Revenue stands at 9.183 whereas that against EBITDA is 31.719.
Stock Price History:
Over the past 52 weeks, LSCC has reached a high of $93.40, while it has fallen to a 52-week low of $40.65. The 50-Day Moving Average of the stock is -18.17%, while the 200-Day Moving Average is calculated to be -34.59%.
Shares Statistics:
According to the various share statistics, LSCC traded on average about 2.73M shares per day over the past 3-months and 3478080 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 108.98% stake in the company. Shares short for LSCC as of 1723680000 were 10530902 with a Short Ratio of 3.85, compared to 1721001600 on 9668164. Therefore, it implies a Short% of Shares Outstanding of 10530902 and a Short% of Float of 10.12.
