Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Lattice Semiconductor Corp (NASDAQ: LSCC) was $55.42 for the day, up 1.22% from the previous closing price of $54.75. In other words, the price has increased by $1.22 from its previous closing price. On the day, 2.19 million shares were traded. LSCC stock price reached its highest trading level at $55.44 during the session, while it also had its lowest trading level at $53.22.
Ratios:
Our analysis of LSCC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 61.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.04. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 06 ’25 when NELSON MARK JON sold 1,850 shares for $57.28 per share. The transaction valued at 105,968 led to the insider holds 83,289 shares of the business.
Desale Pravin sold 1,096 shares of LSCC for $68,543 on Dec 12 ’24. The SVP, R&D now owns 365 shares after completing the transaction at $62.54 per share. On Dec 12 ’24, another insider, PRAVIN DESALE, who serves as the Officer of the company, bought 1,096 shares for $63.00 each.
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 7646352896 and an Enterprise Value of 7543230464. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.70, and their Forward P/E ratio for the next fiscal year is 51.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.59 while its Price-to-Book (P/B) ratio in mrq is 10.87. Its current Enterprise Value per Revenue stands at 13.408 whereas that against EBITDA is 54.248.
Stock Price History:
The Beta on a monthly basis for LSCC is 1.45, which has changed by -0.19544452 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. 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 -4.10%, while the 200-Day Moving Average is calculated to be -2.74%.
Shares Statistics:
LSCC traded an average of 2.13M shares per day over the past three months and 2142890 shares per day over the past ten days. A total of 137.94M shares are outstanding, with a floating share count of 136.38M. Insiders hold about 1.16% of the company’s shares, while institutions hold 112.14% stake in the company. Shares short for LSCC as of 1736899200 were 9852066 with a Short Ratio of 4.63, compared to 1734048000 on 11158772. Therefore, it implies a Short% of Shares Outstanding of 9852066 and a Short% of Float of 9.45.
