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Lattice Semiconductor Corp. (NASDAQ: LSCC) closed the day trading at $60.35 up 2.86% from the previous closing price of $58.67. In other words, the price has increased by $2.86 from its previous closing price. On the day, 1.75 million shares were traded. LSCC stock price reached its highest trading level at $61.09 during the session, while it also had its lowest trading level at $58.58.
Ratios:
For a better understanding of LSCC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 77.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.01. For the most recent quarter (mrq), Quick Ratio is recorded 3.01 and its Current Ratio is at 4.18. 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, Deutsche Bank on November 30, 2023, initiated with a Buy rating and assigned the stock a target price of $70.
On October 24, 2023, Needham started tracking the stock assigning a Buy rating and target price of $90.
On September 29, 2023, BofA Securities started tracking the stock assigning a Neutral rating and target price of $95.BofA Securities initiated its Neutral rating on September 29, 2023, with a $95 target price.
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 May 23 ’24 when ANDERSON JAMES ROBERT sold 44,231 shares for $76.27 per share. The transaction valued at 3,373,518 led to the insider holds 715,055 shares of the business.
Feanny Tracy Ann sold 703 shares of LSCC for $54,729 on May 23 ’24. The SVP, General Counsel now owns 12,084 shares after completing the transaction at $77.85 per share. On May 22 ’24, another insider, ANDERSON JAMES ROBERT, who serves as the President, CEO of the company, sold 30,000 shares for $75.12 each. As a result, the insider received 2,253,461 and left with 759,286 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 8300900864 and an Enterprise Value of 8212323328. As of this moment, Lattice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.61, and their Forward P/E ratio for the next fiscal year is 35.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.97 while its Price-to-Book (P/B) ratio in mrq is 12.16. Its current Enterprise Value per Revenue stands at 11.839 whereas that against EBITDA is 39.338.
Stock Price History:
Over the past 52 weeks, LSCC has reached a high of $98.30, while it has fallen to a 52-week low of $51.96. The 50-Day Moving Average of the stock is -8.28%, while the 200-Day Moving Average is calculated to be -12.57%.
Shares Statistics:
Over the past 3-months, LSCC traded about 2.14M shares per day on average, while over the past 10 days, LSCC traded about 2040120 shares per day. A total of 137.34M shares are outstanding, with a floating share count of 135.95M. Insiders hold about 1.16% of the company’s shares, while institutions hold 113.25% stake in the company. Shares short for LSCC as of 1719532800 were 9014424 with a Short Ratio of 4.21, compared to 1717113600 on 11869223. Therefore, it implies a Short% of Shares Outstanding of 9014424 and a Short% of Float of 8.68.
