Lattice Semiconductor Corp. (LSCC): A Technical Analysis

Lattice Semiconductor Corp. (NASDAQ: LSCC) has a higher price-to-earnings ratio of 36.85x compared to its average ratio. LSCC has 36-month beta value of 1.39. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”

The public float for LSCC is 136.22M, and currently, short sellers hold a 8.93% ratio of that float. The average trading volume of LSCC on September 16, 2024 was 2.73M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

LSCC) stock’s latest price update

The stock of Lattice Semiconductor Corp. (NASDAQ: LSCC) has increased by 12.25 when compared to last closing price of 44.79.Despite this, the company has seen a gain of 18.33% in its stock price over the last five trading days. businesswire.com reported 2024-09-16 that HILLSBORO, Ore.–(BUSINESS WIRE)—- $LSCC #FPGA–Following a comprehensive search by the Company’s Board of Directors, Lattice Semiconductor Corporation (NASDAQ: LSCC) today announced the appointment of Dr. Ford Tamer as Chief Executive Officer and to the Company’s Board of Directors, effective immediately. “On behalf of the entire Board, I am pleased to welcome Ford to Lattice. Ford is a dynamic and transformative CEO with a proven track record of building and growing successful companies,” said Jeff Richard.

LSCC’s Market Performance

Lattice Semiconductor Corp. (LSCC) has seen a 18.33% rise in stock performance for the week, with a 0.80% gain in the past month and a -16.51% plunge in the past quarter. The volatility ratio for the week is 4.05%, and the volatility levels for the past 30 days are at 4.24% for LSCC. The simple moving average for the past 20 days is 10.07% for LSCC’s stock, with a -22.16% simple moving average for the past 200 days.

Analysts’ Opinion of LSCC

Many brokerage firms have already submitted their reports for LSCC stocks, with Raymond James repeating the rating for LSCC by listing it as a “Outperform.” The predicted price for LSCC in the upcoming period, according to Raymond James is $50 based on the research report published on August 08, 2024 of the current year 2024.

TD Cowen, on the other hand, stated in their research note that they expect to see LSCC reach a price target of $60, previously predicting the price at $80. The rating they have provided for LSCC stocks is “Buy” according to the report published on July 30th, 2024.

BofA Securities gave a rating of “Underperform” to LSCC, setting the target price at $47 in the report published on July 30th of the current year.

LSCC Trading at -0.22% 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 -45.49% of loss for the given period.

Volatility was left at 4.24%, however, over the last 30 days, the volatility rate increased by 4.05%, as shares surge +1.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.17% lower at present.

During the last 5 trading sessions, LSCC rose by +16.66%, which changed the moving average for the period of 200-days by -13.17% in comparison to the 20-day moving average, which settled at $45.71. In addition, Lattice Semiconductor Corp. saw -27.12% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LSCC starting from O’Rourke Glenn, who proposed sale 1,250 shares at the price of $47.54 back on Aug 23 ’24. After this action, O’Rourke Glenn now owns shares of Lattice Semiconductor Corp., valued at $59,425 using the latest closing price.

NELSON MARK JON, the SVP, Sales of Lattice Semiconductor Corp., sale 1,232 shares at $48.98 during a trade that took place back on Aug 20 ’24, which means that NELSON MARK JON is holding 14,919 shares at $60,343 based on the most recent closing price.

Stock Fundamentals for LSCC

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.65 for the gross margin

The net margin for Lattice Semiconductor Corp. stands at 0.3. The total capital return value is set at 0.19. Equity return is now at value 29.82, with 23.94 for asset returns.

Based on Lattice Semiconductor Corp. (LSCC), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 10.69. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 62.43.

Currently, EBITDA for the company is 255.37 million with net debt to EBITDA at -0.49. When we switch over and look at the enterprise to sales, we see a ratio of 10.93. The receivables turnover for the company is 5.34for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.40.

Conclusion

To put it simply, Lattice Semiconductor Corp. (LSCC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

Most Popular

Related Posts