With 2.43 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.18 million shares. 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 $69.50. Beta for the stock currently stands at 1.45.
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 up-trending over the past week, with a rise of 5.30%, but this was up by 9.68% over a month. Three-month performance surged to 33.10% while six-month performance rose 38.51%. The stock lost -7.51% in the past year, while it has gained 17.83% so far this year. A look at the trailing 12-month EPS for LSCC yields 0.44 with Next year EPS estimates of 1.56. For the next quarter, that number is 0.22. This implies an EPS growth rate of 20.36% for this year and 43.68% for next year. EPS is expected to grow by 29.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.89%.
Float and Shares Shorts:
At present, 137.70 million LSCC shares are outstanding with a float of 136.00 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.94817 being high and $0.90619 being low. For LSCC, this leads to a yearly average estimate of $0.93819.
