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The closing price of Semtech Corp (NASDAQ: SMTC) was $62.88 for the day, down -1.05% from the previous closing price of $63.55. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 1.06 million shares were traded. SMTC stock price reached its highest trading level at $64.65 during the session, while it also had its lowest trading level at $62.0.
Ratios:
Our analysis of SMTC’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 36.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 176.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 2.37.
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, Needham on November 26, 2024, Reiterated its Buy rating but revised its target price to $70 from $50 previously.
On November 26, 2024, Craig Hallum reiterated its Buy rating and also lowered its target price recommendation from $48 to $70.
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 Dec 20 ’24 when Sherazi Imran sold 4,965 shares for $65.00 per share. The transaction valued at 322,725 led to the insider holds 1,352 shares of the business.
Sherazi Imran sold 2,946 shares of SMTC for $186,470 on Dec 19 ’24. The SVP and GM now owns 6,317 shares after completing the transaction at $63.30 per share. On Dec 20 ’24, another insider, Sherazi Imran, who serves as the Officer of the company, bought 4,965 shares for $65.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMTC now has a Market Capitalization of 5418929152 and an Enterprise Value of 5105309184. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.36. Its current Enterprise Value per Revenue stands at 6.262 whereas that against EBITDA is 89.446.
Stock Price History:
Over the past 52 weeks, SMTC has reached a high of $70.27, while it has fallen to a 52-week low of $18.16. The 50-Day Moving Average of the stock is 17.18%, while the 200-Day Moving Average is calculated to be 58.18%.
Shares Statistics:
SMTC traded an average of 1.76M shares per day over the past three months and 2441140 shares per day over the past ten days. A total of 86.18M shares are outstanding, with a floating share count of 85.11M. Insiders hold about 1.24% of the company’s shares, while institutions hold 98.96% stake in the company. Shares short for SMTC as of 1730332800 were 6843861 with a Short Ratio of 4.18, compared to 1727654400 on 7667903. Therefore, it implies a Short% of Shares Outstanding of 6843861 and a Short% of Float of 12.1800005.
