The Lattice Semiconductor Corporation (NASDAQ:LSCC) is going up by 5.71% in today’s trading session, a rise equivalent to 1.09% of the stock’s price from yesterday’s market close. A news came out 20 hours ago stating that Lattice Semiconductor Showcases Automotive Functional Safety at Operational Safe Systems Conference by WSJ. The lowest point that the shares touched during the trading session was $18.85, while the peak of the day was recorded at a share price of $21.00. LSCC finished the previous session at $19.18 according to the data provided by Barchart, while the trading volume was observed to be $1,062,893.
In the 100 days of trading, LSCC managed to top a 15.75% Moving average. Additionally, Lattice Semiconductor Corporation shares have achieved a 52-week range between 5.38 and 21.44 alongside 100 days raw stochastic set at 87.91%.
The number of shares outstanding, according to the fundamentals of the company, is set at 132.21M, equal to the value of $2.54B in market capitalization. In the last 30 days, Lattice Semiconductor Corporation shares went down by -5.85%, adding 21.44 to growth in value, on top of a +12.51% boost since 08/09/19.
Lattice Semiconductor Corporation (NASDAQ:LSCC) Analyst’s Estimates
Lattice Semiconductor Corporation (LSCC) could record at least $0.15 per share in quarterly earnings in the upcoming report on 10/25/2019, a number that would actually represent an increase of 21.10% YOY.
According to the average analyst rating, Lattice Semiconductor Corporation would be rated as Buy. Out of 7 different analysts monitoring LSCC stock, 5 analysts rate the stock as a BUY, 1 suggest to give the rating of HOLD, 1 indicate that LSCC is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Jul-31-19, the stock earned a Reiterated rating due to a new analyst call from Dougherty & Company, while analysts from Cowen believe that the stock is set at Outperform, as concluded on Jul-31-19. Cowen, is still rather wary about the stock, deciding to keep the rating at Outperform as confirmed through a call on Jun-11-19.
Regardless of the rating, Rosenblatt did increase their price to $14.50 as they are considering target share price analysis. Cowen, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Feb-22-19, giving the stock a Outperform rating.
LSCC Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +52.68% has been attained, while the operating margin has been recorded at +9.24%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -4.18%. Beta value of the stock is recorded at 1.30. Additionally, Lattice Semiconductor Corporation is recording price volatility of 6.27% for the period of the last seven days and 4.63% in the last 30 days.
Lattice Semiconductor Corporation (NASDAQ:LSCC) Technical Outlook
For the period of the last 50 days, Lattice Semiconductor Corporation had its Raw Stochastic average set at 81.99% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 64.14%. Stochastic %K for Lattice Semiconductor Corporation, with the last 20 days included, was set at 60.90%, having Stochastic %D topping 68.39%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Lattice Semiconductor Corporation stocks with recording 177.17% in metrics.
Lattice Semiconductor Corporation Insider Watch:
As far as the position of shares issued by Lattice Semiconductor Corporation (NASDAQ:LSCC) for the period concluded at the market close of 09/10/19, 122 institutional investors increased their positions in LSCC shares by 28,765,605, 95 decreased positions by 17,280,099 and 14 institutional investors decided to hold positions at 85,135,461. These numbers put the complete list of institutional holdings set at 131,181,165 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 47 institutional investments with 6,167,339 new shares in addition to having 32 institutional investors selling their positions in 3,321,730 shares.