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After finishing at $51.95 in the prior trading day, Lattice Semiconductor Corp. (NASDAQ: LSCC) closed at $51.68, down -0.52%. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 1.74 million shares were traded. LSCC stock price reached its highest trading level at $52.93 during the session, while it also had its lowest trading level at $50.82.
Ratios:
Our goal is to gain a better understanding of LSCC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 65.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.42. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 7157266432 and an Enterprise Value of 7032832512. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.87, and their Forward P/E ratio for the next fiscal year is 37.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.34 while its Price-to-Book (P/B) ratio in mrq is 10.19. Its current Enterprise Value per Revenue stands at 11.205 whereas that against EBITDA is 38.702.
Stock Price History:
Over the past 52 weeks, LSCC has reached a high of $86.74, while it has fallen to a 52-week low of $40.65. The 50-Day Moving Average of the stock is 6.60%, while the 200-Day Moving Average is calculated to be -19.23%.
Shares Statistics:
The stock has traded on average 2.92M shares per day over the past 3-months and 2307600 shares per day over the last 10 days, according to various share statistics. 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 108.89% stake in the company. Shares short for LSCC as of 1726185600 were 11393969 with a Short Ratio of 3.91, compared to 1723680000 on 10530902. Therefore, it implies a Short% of Shares Outstanding of 11393969 and a Short% of Float of 10.95.
