A History of Outperforming Analyst Forecasts and Beating the Odds: Lattice Semiconductor Corp (LSCC)

With 1.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.18 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $55.92 whereas the lowest price it dropped to was $53.96. The 52-week range on LSCC shows that it touched its highest point at $85.69 and its lowest point at $40.65 during that stretch. It currently has a 1-year price target of $61.67. Beta for the stock currently stands at 1.41.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LSCC was down-trending over the past week, with a drop of -1.47%, but this was down by -3.21% over a month. Three-month performance surged to 7.51% while six-month performance fell -9.38%. The stock lost -15.81% in the past year, while it has lost -1.47% so far this year. A look at the trailing 12-month EPS for LSCC yields 1.03 with Next year EPS estimates of 1.07. For the next quarter, that number is 0.19. This implies an EPS growth rate of -53.33% for this year and 14.58% for next year.

Float and Shares Shorts:

At present, 137.94 million LSCC shares are outstanding with a float of 136.38 million shares on hand for trading. On 2024-12-13, short shares totaled 11.16 million, which was 809.0 higher than short shares on 1731628800. In addition to Mr. Esam Elashmawi as the firm’s Senior VP and Chief Strategy & Marketing Officer, Mr. Mark Jon Nelson serves as its Senior Vice President of Worldwide Sales.

Institutional Ownership:

Through their ownership of 1.1219001 of LSCC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, LSCC reported revenue of $127091000.0 and operating income of $14426000.0. The EBITDA in the recently reported quarter was $33223000.0 and diluted EPS was $0.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LSCC since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LSCC analysts setting a high price target of 85.0 and a low target of 50.0, the average target price over the next 12 months is 61.42308. Based on these targets, LSCC could surge 52.28% to reach the target high and fall by -10.43% to reach the target low. Reaching the average price target will result in a growth of 10.04% from current levels.

Analysts have provided yearly estimates in a range of $0.9554 being high and $0.92066 being low. For LSCC, this leads to a yearly average estimate of $0.93803.