In the latest trading session,, 0.57 million Lattice Semiconductor Corp (NASDAQ:LSCC) shares changed hands as the company’s beta touched 1.68. With the company’s most recent per share price at $36.93 changed hands at -$0.91 or -2.40% at last look, the market valuation stands at $5.08B. LSCC’s current price is a discount, trading about -113.51% off its 52-week high of $78.85. The share price had its 52-week low at $34.69, which suggests the last value was 6.07% up since then. When we look at Lattice Semiconductor Corp’s average trading volume, we note the 10-day average is 4.55 million shares, with the 3-month average coming to 2.73 million.
Analysts gave the Lattice Semiconductor Corp (LSCC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.69. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended LSCC as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Lattice Semiconductor Corp’s EPS for the current quarter is expected to be 0.22.
Lattice Semiconductor Corp (NASDAQ:LSCC) trade information
Instantly LSCC was in red as seen in intraday trades today. With action -27.90%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -34.81%, with the 5-day performance at -27.90% in the red. However, in the 30-day time frame, Lattice Semiconductor Corp (NASDAQ:LSCC) is -37.00% down. Looking at the short shares, we see there were 9.07 million shares sold at short interest cover period of 3.49 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need an upside of 26.14% from its recent market value. According to analyst projections, LSCC’s forecast low is 44 with 56 as the target high. To hit the forecast high, the stock’s price needs a -51.64% plunge from its current level, while the stock would need to soar -19.14% for it to hit the projected low.
Lattice Semiconductor Corp (LSCC) estimates and forecasts
Year-over-year growth is forecast to reach 2.39% up from the last financial year.
Consensus estimates given by 12 financial analysts project the company’s revenue in the current quarter to hit an average of 120.09M. 12 analysts are of the opinion that Lattice Semiconductor Corp’s revenue for the current quarter will be 123.7M. The company’s revenue for the corresponding quarters a year ago was 140.81M and 124.08M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -14.72%. The estimates for the next quarter sales put growth at -0.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.89%. The 2025 estimates are for Lattice Semiconductor Corp earnings to increase by 19.92%, but the outlook for the next 5-year period is at 26.22% per year.
Lattice Semiconductor Corp (NASDAQ:LSCC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.42% of Lattice Semiconductor Corp shares while 114.99% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 116.64%. There are 114.99% institutions holding the Lattice Semiconductor Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 14.3052% of the shares, roughly 19.68 million LSCC shares worth $1.14 billion.
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds the second largest percentage of outstanding shares, with 10.648% or 14.65 million shares worth $849.33 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were T. Rowe Price Mid-Cap Growth Fund, Inc. and iShares Trust-iShares Core S&P Mid-Cap ETF . With 7.87 shares estimated at $293.45 million under it, the former controlled 5.72% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 3.26% of the shares, roughly 4.49 shares worth around $167.28 million.
