Boom Or Bust: What Does The Future Hold For Semtech Corp. (NASDAQ: SMTC) Stock?

Semtech Corp. (NASDAQ:SMTC)’s traded shares stood at 2.17 million during the last session, with the company’s beta value hitting 1.76. At the close of trading, the stock’s price was $32.86, to imply a decrease of -0.24% or -$0.08 in intraday trading. The SMTC share’s 52-week high remains $35.80, putting it -8.95% down since that peak but still an impressive 60.04% since price per share fell to its 52-week low of $13.13. The company has a valuation of $2.12B, with an average of 2.04 million shares over the past 3 months.

Semtech Corp. (NASDAQ:SMTC) trade information

After registering a -0.24% downside in the last session, Semtech Corp. (SMTC) has traded red over the past five days. The stock hit a weekly high of 35.35, dropping -0.24% in its intraday price action. The 5-day price performance for the stock is -1.11%, and 45.85% over 30 days. With these gigs, the year-to-date price performance is 49.98%.

Semtech Corp. (SMTC) estimates and forecasts

Looking at statistics comparing Semtech Corp. share performance against respective industry, we note that the company has outperformed competitors. Semtech Corp. (SMTC) shares are 46.70% up over the last 6 months, with its year-to-date growth rate higher than industry average at 292.86% against -11.40%.

SMTC Dividends

Semtech Corp. has its next earnings report out between June 05 and June 10. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Semtech Corp. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.