During the last session, Semtech Corp (NASDAQ:SMTC)’s traded shares were 4.89 million, with the beta value of the company hitting 1.91. At the end of the trading day, the stock’s price was $37.01, reflecting an intraday loss of -4.56% or -$1.77. The 52-week high for the SMTC share is $79.52, that puts it down -114.86 from that peak though still a striking 35.02% gain since the share price plummeted to a 52-week low of $24.05. The company’s market capitalization is $3.21B, and the average trade volume was 2.55 million shares over the past three months.
Semtech Corp (SMTC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.43. SMTC has a Sell rating from 1 analyst(s) out of 14 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 11 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 0.4.
Semtech Corp (NASDAQ:SMTC) trade information
Semtech Corp (SMTC) registered a -4.56% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.56% in intraday trading to $37.01, hitting a weekly high. The stock’s 5-day price performance is -5.95%, and it has moved by 23.66% in 30 days. Based on these gigs, the overall price performance for the year is -6.02%.
The consensus price target of analysts on Wall Street is $60, which implies an increase of 38.32% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $30 and $60 respectively. As a result, SMTC is trading at a discount of -62.12% off the target high and 18.94% off the low.
Semtech Corp (SMTC) estimates and forecasts
In the rating firms’ projections, revenue will increase 12.89% 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 256.72M as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 257.13M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 215.35M and 236.8M respectively. In this case, analysts expect current quarter sales to grow by 19.21% and then jump by 8.59% in the coming quarter.
While earnings are projected to return 88.68% in 2025, the next five years will return 50.04% per annum.
SMTC Dividends
Semtech Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Semtech Corp (NASDAQ:SMTC)’s Major holders
The next largest institutional holding, with 8.58 million shares, is of VANGUARD GROUP INC’s that is approximately 13.1437% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $256.38 million.
Also, the Mutual Funds coming in first place with the largest holdings of Semtech Corp (SMTC) shares are iShares Trust-iShares Core S&P Small-Cap ETF and Columbia Fd.s Series TRT II-Columbia Seligman Technology and Informati. Data provided on Apr 30, 2025 indicates that iShares Trust-iShares Core S&P Small-Cap ETF owns about 5.22 shares. This amounts to just over 6.03 percent of the company’s overall shares, with a $193.18 million market value. The same data shows that the other fund manager holds slightly less at 3.13, or about 3.61% of the stock, which is worth about $115.86 million.
