During the last session, Lattice Semiconductor Corp (NASDAQ:LSCC)’s traded shares were 3.47 million, with the beta value of the company hitting 1.63. At the end of the trading day, the stock’s price was $41.59, reflecting an intraday loss of -4.70% or -$2.05. The 52-week high for the LSCC share is $78.85, that puts it down -89.59 from that peak though still a striking 16.59% gain since the share price plummeted to a 52-week low of $34.69. The company’s market capitalization is $5.72B, and the average intraday trading volume over the past 10 days was 5.73 million shares, and the average trade volume was 2.98 million shares over the past three months.
Lattice Semiconductor Corp (LSCC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.69. LSCC has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.22.
Lattice Semiconductor Corp (NASDAQ:LSCC) trade information
Lattice Semiconductor Corp (LSCC) registered a -4.70% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.70% in intraday trading to $41.59, hitting a weekly high. The stock’s 5-day price performance is -10.44%, and it has moved by -33.25% in 30 days. Based on these gigs, the overall price performance for the year is -44.08%. The short interest in Lattice Semiconductor Corp (NASDAQ:LSCC) is 10.17 million shares and it means that shorts have 4.67 day(s) to cover.
The consensus price target of analysts on Wall Street is $50, which implies an increase of 16.82% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $44 and $56 respectively. As a result, LSCC is trading at a discount of -34.65% off the target high and -5.79% off the low.
Lattice Semiconductor Corp (LSCC) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.41% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 120.08M as predicted by 13 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 123.72M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 140.81M and 124.08M respectively. In this case, analysts expect current quarter sales to shrink by -14.72% and then drop by -0.28% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.89%. While earnings are projected to return 19.92% in 2025, the next five years will return 26.22% per annum.
LSCC Dividends
Lattice Semiconductor Corp is due to release its next quarterly earnings on 2025-Feb-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Lattice Semiconductor Corp (NASDAQ:LSCC)’s Major holders
Lattice Semiconductor Corp insiders own 1.42% of total outstanding shares while institutional holders control 115.00%, with the float percentage being 116.65%. BLACKROCK INC. is the largest shareholder of the company, while 566.0 institutions own stock in it. As of 2024-06-30, the company held over 19.68 million shares (or 14.3052% of all shares), a total value of $1.14 billion in shares.
The next largest institutional holding, with 14.65 million shares, is of T. ROWE PRICE INVESTMENT MANAGEMENT, INC.’s that is approximately 10.648% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $849.33 million.
