Lattice Semiconductor Corp (NASDAQ: LSCC) is -15.45% lower on its value in year-to-date trading and has touched a low of $40.65 and a high of $85.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LSCC stock was last observed hovering at around $56.75 in the last trading session, with the day’s gains setting it 1.58%.
Currently trading at $58.33, the stock is 9.70% and 10.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 2.78% at the moment leaves the stock -4.26% off its SMA200. LSCC registered -0.38% loss for a year compared to 6-month loss of -7.03%. The firm has a 50-day simple moving average (SMA 50) of $52.5778 and a 200-day simple moving average (SMA200) of $61.00595.
The stock witnessed a 15.14% gain in the last 1 month and extending the period to 3 months gives it a 35.49%, and is 7.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.52% over the week and 4.31% over the month.
Lattice Semiconductor Corp (LSCC) has around 1156 employees, a market worth around $8.11B and $562.58M in sales. Current P/E ratio is 56.52 and Fwd P/E is 54.90. Profit margin for the company is 25.48%. Distance from 52-week low is 43.49% and -31.93% from its 52-week high. The company has generated returns on investments over the last 12 months (20.07%).
with sales reaching $117.09M over the same period.The EPS is expected to shrink by -53.35% this year, but quarterly earnings will post -30.78% year-over-year. Quarterly sales are estimated to shrink -31.37% in year-over-year returns.
Lattice Semiconductor Corp (LSCC) Top Institutional Holders
569.0 institutions hold shares in Lattice Semiconductor Corp (LSCC), with institutional investors hold 114.20% of the company’s shares. The shares outstanding are 137.94M, and float is at 136.34M with Short Float at 7.97%. Institutions hold 112.49% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.68 million shares valued at $1.14 billion. The investor’s holdings represent 14.3052% of the LSCC Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 14.65 million shares valued at $849.33 million to account for 10.648 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.06 million shares representing 10.2212% and valued at over $815.29 million, while ARTISAN PARTNERS LIMITED PARTNERSHIP holds 6.553 of the shares totaling 9.01 million with a market value of $522.69 million.
Lattice Semiconductor Corp (LSCC) Insider Activity
The most recent transaction is an insider sale by Stevens Tonya, the company’s Interim CFO. SEC filings show that Stevens Tonya sold 4,526 shares of the company’s common stock on Nov 27 ’24 at a price of $56.50 per share for a total of $0.26 million. Following the sale, the insider now owns 75234.0 shares.
Still, SEC filings show that on Nov 26 ’24, Stevens Tonya (Interim CFO) disposed off 365 shares at an average price of $56.10 for $20477.0. The insider now directly holds 79,760 shares of Lattice Semiconductor Corp (LSCC).
