Lattice Semiconductor Corp. (NASDAQ:LSCC) has a beta value of 1.38 and has seen 4.92 million shares traded in the last trading session. The company, currently valued at $9.44B, closed the last trade at $68.60 per share which meant it lost -$8.26 on the day or -10.75% during that session. The LSCC stock price is -43.29% off its 52-week high price of $98.30 and 24.26% above the 52-week low of $51.96. The 3-month trading volume is 2.16 million shares.
Lattice Semiconductor Corp. (NASDAQ:LSCC) trade information
Sporting -10.75% in the red in last session, the stock has traded in the green over the last five days, when the LSCC stock price touched $68.60 or saw a rise of 13.0%. Year-to-date, Lattice Semiconductor Corp. shares have moved -0.57%, while the 5-day performance has seen it change 0.93%. Over the past 30 days, the shares of Lattice Semiconductor Corp. (NASDAQ:LSCC) have changed -12.01%.
Lattice Semiconductor Corp. (LSCC) estimates and forecasts
Figures show that Lattice Semiconductor Corp. shares have underperformed across the wider relevant industry. The company’s shares have lost -2.18% over the past 6 months, with this year growth rate of -35.32%, compared to 4.30% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -46.20% and -35.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be -18.20%.
12 analysts offering their estimates for the company have set an average revenue estimate of $140.46 million for the current quarter. 12 have an estimated revenue figure of $154.2 million for the next quarter concluding in Sep 2024. Year-ago sales stood $188.04 million and $192.17 million respectively for this quarter and the next, and analysts expect sales will shrink by -25.30% for the current quarter and -19.80% for the next.
Earnings growth for 2024 is a modest -41.38% while over the next 5 years, the company’s earnings are expected to increase by 6.76%.
LSCC Dividends
Lattice Semiconductor Corp. is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
