Shares of Lattice Semiconductor Co. (NASDAQ:LSCC) have been given a consensus rating of “Moderate Buy” by eleven brokerages covering the firm. Among the analysts, three have rated the stock as a hold, while eight have issued a buy rating on the company. The average 1-year price target for the stock is $87.00.
Recent research reports on Lattice Semiconductor have shown positive sentiment towards the company. Susquehanna reduced their price target to $78.00, giving the stock a positive rating. Deutsche Bank initiated coverage on Lattice Semiconductor with a buy rating and a $70.00 price target. Needham & Company LLC reaffirmed a buy rating with a $75.00 price target. Benchmark also gave the stock a buy rating and boosted their target price from $70.00 to $95.00. Stifel Nicolaus, on the other hand, reduced their target price to $67.00 and gave the stock a hold rating.
In insider transactions, Director Robin Ann Abrams sold 9,324 shares, while SVP Mark Jon Nelson sold 20,293 shares. Corporate insiders currently own 1.25% of the company’s stock.
Institutional investors have also shown interest in Lattice Semiconductor. Various hedge funds have recently increased or decreased their stakes in the business. Van ECK Associates Corp raised their stake in the stock, while UMB Bank n.a. increased their position. Headlands Technologies LLC and Rockefeller Capital Management L.P. purchased new positions. RVW Wealth LLC also acquired a new stake. Overall, 98.08% of the stock is currently owned by institutional investors.
Lattice Semiconductor recently reported their earnings for the quarter, with EPS meeting analysts’ consensus estimates. The company had a net margin of 35.14% and a return on equity of 36.07%. Revenue for the quarter was slightly lower than expected. Analysts anticipate Lattice Semiconductor to post 0.8 EPS for the current year.
Lattice Semiconductor, together with its subsidiaries, develops and sells semiconductor products globally, offering field programmable gate arrays and video connectivity application-specific standard products.
FAQ Section:
Q: What is the consensus rating for shares of Lattice Semiconductor Co.?
A: The consensus rating for shares of Lattice Semiconductor Co. is “Moderate Buy” according to eleven brokerages covering the firm.
Q: How many analysts have rated the stock as a hold?
A: Three analysts have rated the stock as a hold.
Q: How many analysts have issued a buy rating on Lattice Semiconductor Co.?
A: Eight analysts have issued a buy rating on Lattice Semiconductor Co.
Q: What is the average 1-year price target for the stock?
A: The average 1-year price target for the stock is $87.00.
Q: What recent research reports have shown positive sentiment towards Lattice Semiconductor?
A: Recent research reports from Susquehanna, Deutsche Bank, Needham & Company LLC, and Benchmark have shown positive sentiment towards Lattice Semiconductor.
Q: What insider transactions have taken place with Lattice Semiconductor?
A: Director Robin Ann Abrams sold 9,324 shares, while SVP Mark Jon Nelson sold 20,293 shares. Corporate insiders currently own 1.25% of the company’s stock.
Q: What is the percentage of the stock currently owned by institutional investors?
A: 98.08% of the stock is currently owned by institutional investors.
Q: What were Lattice Semiconductor’s earnings for the recent quarter?
A: Lattice Semiconductor reported earnings for the quarter with EPS meeting analysts’ consensus estimates. The company had a net margin of 35.14% and a return on equity of 36.07%.
Q: What products does Lattice Semiconductor develop and sell?
A: Lattice Semiconductor, together with its subsidiaries, develops and sells semiconductor products globally, offering field programmable gate arrays and video connectivity application-specific standard products.
Definitions:
– Consensus rating: The average rating given by a group of analysts regarding a certain stock or investment.
– EPS: Earnings per share, which indicates the profitability of a company by dividing its total earnings by the number of shares outstanding.
– Net margin: The percentage of revenue that remains as net income (profit) after deducting expenses.
– Return on equity: A measure of profitability that calculates how much profit a company generates with shareholders’ invested capital.
Related Links:
Lattice Semiconductor website
The source of the article is from the blog toumai.es