In the latest session, Semtech Corp. (NASDAQ: SMTC) closed at $23.15 down -0.81% from its previous closing price of $23.34. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 898945 shares were traded.
Ratios:
For a deeper understanding of Semtech Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.72 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 4.20 whereas as Long-Term Debt/Eq ratio is at 4.18.
On September 14, 2023, Susquehanna Upgraded its rating to Positive which previously was Neutral but kept the price unchanged to $30.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 15 ’23 when Summers Sylvia sold 16,000 shares for $22.39 per share. The transaction valued at 358,304 led to the insider holds 13,008 shares of the business.
Rodensky Michael W sold 18,227 shares of SMTC for $464,788 on Sep 28 ’23. The SVP now owns 0 shares after completing the transaction at $25.50 per share. On Sep 18 ’23, another insider, Walsh Paul V Jr, who serves as the Director of the company, bought 20,000 shares for $24.83 each. As a result, the insider paid 496,520 and bolstered with 20,888 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, SMTC now has a Market Capitalization of 1.49B and an Enterprise Value of 2.74B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 4.45. Its current Enterprise Value per Revenue stands at 3.25 whereas that against EBITDA is -9.39.
Stock Price History:
Over the past 52 weeks, SMTC has reached a high of $33.15, while it has fallen to a 52-week low of $13.13. The 50-Day Moving Average of the stock is 20.83, while the 200-Day Moving Average is calculated to be 22.11.
Shares Statistics:
For the past three months, SMTC has traded an average of 1.18M shares per day and 1.15M over the past ten days. A total of 63.87M shares are outstanding, with a floating share count of 63.48M. Insiders hold about 1.26% of the company’s shares, while institutions hold 130.29% stake in the company. Shares short for SMTC as of Feb 29, 2024 were 12.81M with a Short Ratio of 10.83, compared to 13.05M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.93% and a Short% of Float of 27.42%.
Earnings Estimates
There are 12 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of $0.18 and a low estimate of -$0.05, while EPS last year was $0.47. The consensus estimate for the next quarter is $0.02, with high estimates of $0.16 and low estimates of -$0.04.
Analysts are recommending an EPS of between $0.33 and $0.1 for the fiscal current year, implying an average EPS of $0.13. EPS for the following year is $0.68, with 12 analysts recommending between $1.15 and $0.37.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $196.46M this quarter.It ranges from a high estimate of $259.6M to a low estimate of $190M. As of the current estimate, Semtech Corp.’s year-ago sales were $167.51M, an estimated increase of 17.30% from the year-ago figure.
A total of 12 analysts have provided revenue estimates for SMTC’s current fiscal year. The highest revenue estimate was $981.9M, while the lowest revenue estimate was $865.8M, resulting in an average revenue estimate of $876.15M. In the same quarter a year ago, actual revenue was $756.53M, up 15.80% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $883.78M in the next fiscal year. The high estimate is $1.1B and the low estimate is $826.1M. The average revenue growth estimate for next year is up 0.90% from the average revenue estimate for this year.
