At the time of writing, Lattice Semiconductor Corp. [LSCC] stock is trading at $74.38, down -0.51%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LSCC shares have lost -1.78% over the last week, with a monthly amount drifted -2.77%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lattice Semiconductor Corp. [NASDAQ: LSCC] stock has seen the most recent analyst activity on November 30, 2023, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $70. Previously, Needham started tracking the stock with Buy rating on October 24, 2023, and set its price target to $90. On September 29, 2023, BofA Securities initiated with a Neutral rating and assigned a price target of $95 on the stock. Raymond James started tracking the stock assigning a Mkt Perform rating. Stifel initiated its recommendation with a Hold and recommended $60 as its price target on September 08, 2022. Susquehanna upgraded its rating to Positive for this stock on May 24, 2022, but kept the price target unchanged to $65. In a note dated November 03, 2021, Rosenblatt reiterated an Buy rating on this stock and boosted its target price from $68 to $95.
For the past year, the stock price of Lattice Semiconductor Corp. fluctuated between $51.96 and $98.30. Currently, Wall Street analysts expect the stock to reach $70.4 within the next 12 months. Lattice Semiconductor Corp. [NASDAQ: LSCC] shares were valued at $74.38 at the most recent close of the market. An investor can expect a potential drop of -5.35% based on the average LSCC price forecast.
Analyzing the LSCC fundamentals
According to Lattice Semiconductor Corp. [NASDAQ:LSCC], the company’s sales were 737.15M for trailing twelve months, which represents an -3.05% plunge. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.31, Equity is 0.43 and Total Capital is 0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 73.27 points at the first support level, and at 72.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.86, and for the 2nd resistance point, it is at 77.33.
Ratios To Look Out For
It is important to note that Lattice Semiconductor Corp. [NASDAQ:LSCC] has a current ratio of 3.78. Also, the Quick Ratio is 2.76, while the Cash Ratio stands at 1.32. Considering the valuation of this stock, the price to sales ratio is 13.88, the price to book ratio is 14.76 and price to earnings (TTM) ratio is 40.08.
Transactions by insiders
Recent insider trading involved Luther Sherri R, SVP, CFO, that happened on Feb 27 ’24 when 23006.0 shares were sold. SVP, Mfg Ops, O’Rourke Glenn completed a deal on Feb 26 ’24 to sell 8594.0 shares. Meanwhile, SVP, General Counsel Feanny Tracy Ann sold 6318.0 shares on Feb 26 ’24.
