The stock of Lattice Semiconductor Corp. (LSCC) has gone down by -7.29% for the week, with a -7.36% drop in the past month and a 9.80% rise in the past quarter. The volatility ratio for the week is 4.12%, and the volatility levels for the past 30 days are 3.40% for LSCC. The simple moving average for the last 20 days is -8.49% for LSCC stock, with a simple moving average of -7.86% for the last 200 days.
Is It Worth Investing in Lattice Semiconductor Corp. (NASDAQ: LSCC) Right Now?
Lattice Semiconductor Corp. (NASDAQ: LSCC) has a price-to-earnings ratio that is above its average at 37.84x. The stock has a 36-month beta value of 1.38. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for LSCC is 135.74M, and at present, short sellers hold a 9.12% of that float. On April 18, 2024, the average trading volume of LSCC was 2.13M shares.
LSCC) stock’s latest price update
Lattice Semiconductor Corp. (NASDAQ: LSCC) has seen a decline in its stock price by -6.46 in relation to its previous close of 75.07. However, the company has experienced a -7.29% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-23 that Lattice Semiconductor Corporation experienced impressive growth the past, but growth decelerated in 2023 and is expected to be negative in 2024. The company continues to expand its FPGA product portfolio, introducing the low-power Nexus and mid-range Avant-G and Avant-X solutions. We explore how Lattice can capitalize on AI-driven applications and how that could improve the company’s growth prospects going forward.
Analysts’ Opinion of LSCC
Many brokerage firms have already submitted their reports for LSCC stocks, with Deutsche Bank repeating the rating for LSCC by listing it as a “Buy.” The predicted price for LSCC in the upcoming period, according to Deutsche Bank is $70 based on the research report published on November 30, 2023 of the previous year 2023.
Needham, on the other hand, stated in their research note that they expect to see LSCC reach a price target of $90. The rating they have provided for LSCC stocks is “Buy” according to the report published on October 24th, 2023.
BofA Securities gave a rating of “Neutral” to LSCC, setting the target price at $95 in the report published on September 29th of the previous year.
LSCC Trading at -6.82% from the 50-Day Moving Average
After a stumble in the market that brought LSCC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.57% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 4.12%, as shares sank -8.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.74% upper at present.
During the last 5 trading sessions, LSCC fell by -7.29%, which changed the moving average for the period of 200-days by -26.91% in comparison to the 20-day moving average, which settled at $76.41. In addition, Lattice Semiconductor Corp. saw 1.78% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LSCC starting from Luther Sherri R, who sale 23,006 shares at the price of $74.78 back on Feb 27 ’24. After this action, Luther Sherri R now owns 124,116 shares of Lattice Semiconductor Corp., valued at $1,720,342 using the latest closing price.
O’Rourke Glenn, the SVP, Mfg Ops of Lattice Semiconductor Corp., sale 8,594 shares at $75.13 during a trade that took place back on Feb 26 ’24, which means that O’Rourke Glenn is holding 0 shares at $645,637 based on the most recent closing price.
Stock Fundamentals for LSCC
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.69 for the gross margin
The net margin for Lattice Semiconductor Corp. stands at 0.35. The total capital return value is set at 0.29. Equity return is now at value 43.94, with 31.60 for asset returns.
Based on Lattice Semiconductor Corp. (LSCC), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 16.53. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 262.66.
Currently, EBITDA for the company is 255.37 million with net debt to EBITDA at -0.45. When we switch over and look at the enterprise to sales, we see a ratio of 12.95. The receivables turnover for the company is 6.38for trailing twelve months and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.78.
Conclusion
To sum up, Lattice Semiconductor Corp. (LSCC) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
