Semtech Corp [SMTC] stock is trading at $63.46, down -5.23%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SMTC shares have gain 10.69% over the last week, with a monthly amount glided 2.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Semtech Corp [NASDAQ: SMTC] stock has seen the most recent analyst activity on January 17, 2025, when UBS initiated its Buy rating and assigned the stock a price target of $85. Previously, Needham reaffirmed its Buy rating on November 26, 2024, and elevated its price target to $70. On November 26, 2024, Craig Hallum reiterated its Buy rating and revised its price target to $70 on the stock. Summit Insights downgraded its rating to a Hold. Craig Hallum reiterated its recommendation of a Buy and raised its price target to $48 on June 06, 2024. Craig Hallum reiterated a Buy rating for this stock on April 01, 2024, and upped its price target to $36. In a note dated October 19, 2023, The Benchmark Company upgraded an Buy rating on this stock but restated the target price of $30.
Semtech Corp [SMTC] stock has fluctuated between $18.72 and $79.52 over the past year. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. Semtech Corp [NASDAQ: SMTC] shares were valued at $63.46 at the most recent close of the market. An investor can expect a potential return of 7.15% based on the average SMTC price forecast.
Analyzing the SMTC fundamentals
Semtech Corp [NASDAQ:SMTC] reported sales of 851.23M for the trailing twelve months, which represents a growth of 17.88%. 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 61.99 points at the first support level, and at 60.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.25, and for the 2nd resistance point, it is at 67.04.
Ratios To Look Out For
For context, Semtech Corp’s Current Ratio is 2.37. Also, the Quick Ratio is 1.67, while the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 6.42.
Transactions by insiders
Recent insider trading involved Lin Mark, EVP and CFO, that happened on Jan 29 ’25 when 2990.0 shares were sold. Officer, Lin Mark completed a deal on Jan 29 ’25 to buy 2990.0 shares. Meanwhile, SVP and GM Sherazi Imran sold 1338.0 shares on Jan 17 ’25.
