As of Wednesday close, Lattice Semiconductor Corporation’s (NASDAQ:LSCC) stock was down -$0.52, moving down -0.59 percent to $86.99. The average number of shares traded per day over the past five days has been 1,519,700 shares. 1 time new highs have been achieved over the past 5 days, with a -$3.32 fall in that time frame. In the last twenty days, the average volume was 1,840,855, while in the previous 50 days, it was 1,764,976.
Since last month, LSCC stock retreated -10.13%. Shares of the company fell to $84.46 on 08/14/23, the lowest level in the past month. A 52-week high of $98.18 was reached on 07/18/23 after having rallying from a 52-week low of $44.53. Since the beginning of this year, LSCC’s stock price has risen by 34.08% or $22.11, and marked a new high 26 times. However, the stock has declined by -11.40% since its 52-week high.
LSCC stock investors should be aware that Lattice Semiconductor Corporation (LSCC) stock had its last reported insider trading activity 2 days ago on Aug 15. NELSON MARK JON, the SVP, Sales of the company, disposed of 917 shares for $87.62 on Aug 15. It resulted in a $80,348 divestment by the insider. NELSON MARK JON sold 946 shares at an average price of $90.50 on Aug 04. The insider now owns 33,126 shares following the transaction. On Jun 02, President, CEO ANDERSON JAMES ROBERT sold 8,880 shares at $82.91 apiece. The transaction was valued at $736,273.
Valuation Metrics
Right now, Lattice Semiconductor Corporation (LSCC) has a P/E ratio of about 59.42. The stock’s beta is 1.27. Besides these, the trailing price-to-sales (P/S) ratio of 17.02, the price-to-book (PB) ratio of 20.86, and the price-to-cash flow ratio of 52.39 may also be considered.
Financial Health
In the three months ended June 29, Lattice Semiconductor Corporation’s quick ratio stood at 2.50, while its current ratio was 3.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.08, and the total debt-to-equity ratio was 0.08. On the profitability front, the trailing twelve-month gross margin is 69.40% percent. In the year ended June 29, EBITDA margin amounted to 34.26%, whereas operating margins totaled 29.80%. Based on annual data, LSCC earned $452.05 million in gross profit and brought in $660.36 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 29.90%. Return on equity (ROE) for the past 12 months was 40.60%.
In Lattice Semiconductor Corporation’s quarter-end financial report for June 29, it reported total debt of $43.89 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LSCC’s revenue rose 15.1% to $184.31 million during the quarter, while net income inched up to $190.08 million. While analysts expected Lattice Semiconductor Corporation to report $0.51 quarterly earnings, the actual figure was $0.52 per share, beating the consensus estimate by 2.00%. During the quarter, the company generated $63.22 million in EBITDA. The liabilities of Lattice Semiconductor Corporation were 184.31 million at the end of its most recent quarter ended June 29, and its total debt was $60.61 million. The value of shareholders’ equity is $137.84 million.
Technical Picture
This quick technical analysis looks at Lattice Semiconductor Corporation’s (LSCC) price momentum. With a historical volatility rate of 31.28%, the RSI 9-day stood at 41.52% on 16 August.
With respect to its five-day moving average, the current Lattice Semiconductor Corporation price is down by -3.68% percent or -$3.32. At present, LSCC shares trade -6.74% below its 20-day simple moving average and -7.55% percent below its 100-day simple moving average. However, the stock is currently trading approximately +10.65% above its SMA50 and +73.88% above its SMA200.
Stochastic coefficient K was 32.71% and Stochastic coefficient D was 28.50%, while ATR was 3.28. Given the Stochastic reading of 26.27% for the 14-day period, the RSI (14) reading has been calculated as 44.57%. As of today, the MACD Oscillator reading stands at -1.63, while the 14-day reading stands at -2.40.
Analyst Ratings
Raymond James launched its rating on Lattice Semiconductor Corporation (NASDAQ: LSCC) to a Mkt perform in a note to investors on May 24, 2023. Lattice Semiconductor Corporation (LSCC) has been rated Overweight by analysts. According to 0 brokerage firms, LSCC is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Lattice Semiconductor Corporation stock as buy, with 6 recommending it as overweight.
With a median target price of $105.00, the current consensus forecast for the stock is $82.00 – $110.00. Based on these forecasts, analysts predict Lattice Semiconductor Corporation (LSCC) will achieve an average price target of $101.89.
