In last trading session, Semtech Corp (NASDAQ:SMTC) saw 1.73 million shares changing hands with its beta currently measuring 1.91. Company’s recent per share price level of $45.62 trading at $1.13 or 2.54% at ring of the bell on the day assigns it a market valuation of $3.95B. That closing price of SMTC’s stock is at a discount of -74.31% from its 52-week high price of $79.52 and is indicating a premium of 47.28% from its 52-week low price of $24.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.87 million shares which gives us an average trading volume of 2.31 million if we extend that period to 3-months.
For Semtech Corp (SMTC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.43. Splitting up the data highlights that, out of 14 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Semtech Corp (NASDAQ:SMTC) trade information
Upright in the green during last session for gaining 2.54%, in the last five days SMTC remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $45.62 price level, adding 0.18% to its value on the day. Semtech Corp’s shares saw a change of 55.49% in year-to-date performance and have moved 8.85% in past 5-day. Semtech Corp (NASDAQ:SMTC) showed a performance of 17.64% in past 30-days. Number of shares sold short was 8.16 million shares which calculate 3.81 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 60 to the stock, which implies a rise of 23.97% to its current value. Analysts have been projecting 43 as a low price target for the stock while placing it at a high target of 60. It follows that stock’s current price would jump 5.74% in reaching the projected high whereas dropping to the targeted low would mean a gain of 5.74% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 88.66% while estimates for its earnings growth in next 5 years are of 49.57%.
Semtech Corp (NASDAQ:SMTC)’s Major holders
Insiders are in possession of 0.69% of company’s total shares while institution are holding 113.84 percent of that, with stock having share float percentage of 114.63%. Investors also watch the number of corporate investors in a company very closely, which is 113.84% institutions for Semtech Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SMTC for having 10.19 million shares of worth $304.46 million. And as of 2024-06-30, it was holding 15.6087 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 8.58 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.1437 of outstanding shares, having a total worth of $256.38 million.
