This is why Lattice Semiconductor Corp. (LSCC) Stock is one of the options for the Longer run

Lattice Semiconductor Corp. [LSCC] stock prices are down -2.65% to $52.82 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LSCC shares have gain 17.93% over the last week, with a monthly amount glided 7.10%, and 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 September 17, 2024, when Stifel upgraded its rating to a Buy but kept the price target unchanged to $55 for it. Previously, Raymond James upgraded its rating to Outperform on August 08, 2024, and kept the price target unchanged to $50. On July 30, 2024, TD Cowen reiterated its Buy rating and revised its price target to $60 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $47 on July 30, 2024. Deutsche Bank initiated its recommendation with a Buy and recommended $70 as its price target on November 30, 2023. Needham started tracking with a Buy rating for this stock on October 24, 2023, and assigned it a price target of $90. In a note dated September 29, 2023, BofA Securities initiated an Neutral rating and provided a target price of $95 on this stock.

The stock price of Lattice Semiconductor Corp. [LSCC] has been fluctuating between $40.65 and $87.64 over the past year. Currently, Wall Street analysts expect the stock to reach $62.11 within the next 12 months. Lattice Semiconductor Corp. [NASDAQ: LSCC] shares were valued at $52.82 at the most recent close of the market. An investor can expect a potential return of 17.59% based on the average LSCC price forecast.

Analyzing the LSCC fundamentals

The Lattice Semiconductor Corp. [NASDAQ:LSCC] reported sales of 627.66M for trailing twelve months, representing a drop of -34.72%. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.28 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.

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 52.07 points at the first support level, and at 51.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.83, and for the 2nd resistance point, it is at 54.83.

Ratios To Look Out For

It’s worth pointing out that Lattice Semiconductor Corp. [NASDAQ:LSCC]’s Current Ratio is 4.40. Further, the Quick Ratio stands at 3.13, while the Cash Ratio is 1.36. Considering the valuation of this stock, the price to sales ratio is 11.59, the price to book ratio is 10.41 and price to earnings (TTM) ratio is 38.71.

Transactions by insiders

Recent insider trading involved O’Rourke Glenn, OTHER, that happened on Aug 23 ’24 when 1250.0 shares were purchased. SVP, Sales, NELSON MARK JON completed a deal on Aug 20 ’24 to sell 1232.0 shares. Meanwhile, SVP, CFO Luther Sherri R sold 20632.0 shares on Aug 20 ’24.

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