A share price of Semtech Corp [SMTC] is currently trading at $68.27, up 4.79%. 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 SMTC shares have gain 5.13% over the last week, with a monthly amount glided 44.24%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Semtech Corp [NASDAQ: SMTC] stock has seen the most recent analyst activity on November 26, 2024, when Needham reiterated its Buy rating and also boosted its price target to $70 from $50. Previously, Craig Hallum reaffirmed its Buy rating on November 26, 2024, and elevated its price target to $70. On August 28, 2024, downgrade downgraded it’s rating to Hold. Craig Hallum reiterated its Buy rating and increased its price target to $48 on June 06, 2024. Craig Hallum reiterated its recommendation of a Buy and raised its price target to $36 on April 01, 2024. The Benchmark Company upgraded its rating to Buy for this stock on October 19, 2023, but kept the price target unchanged to $30. In a note dated September 14, 2023, Susquehanna upgraded an Positive rating on this stock but restated the target price of $30.
Semtech Corp experienced fluctuations in its stock price throughout the past year between $18.16 and $70.27. Currently, Wall Street analysts expect the stock to reach $61 within the next 12 months. Semtech Corp [NASDAQ: SMTC] shares were valued at $68.27 at the most recent close of the market. An investor can expect a potential drop of -10.65% based on the average SMTC price forecast.
Analyzing the SMTC fundamentals
Trailing Twelve Months sales for Semtech Corp [NASDAQ:SMTC] were 851.23M which represents 17.88% growth. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.98%, and Net Profit Margin reading is -0.99%. To continue investigating profitability, this company’s Return on Assets is posted at -0.61, Equity is 4.17 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-25.44.
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 66.37 points at the first support level, and at 64.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.52, and for the 2nd resistance point, it is at 70.77.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Semtech Corp [NASDAQ:SMTC] is 2.37. Further, the Quick Ratio stands at 1.67, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 6.98.
Transactions by insiders
Recent insider trading involved Fischer Gregory Michael, Director, that happened on Dec 10 ’24 when 1888.0 shares were sold. EVP and COO, Silberstein Asaf completed a deal on Dec 06 ’24 to sell 4000.0 shares. Meanwhile, Director Fischer Gregory Michael bought 1888.0 shares on Dec 10 ’24.
