Lattice Semiconductor Corp. [NASDAQ: LSCC] stock went on an upward path that rose over 2.09% on Thursday, amounting to a one-week price decrease of less than -1.15%.
Over the last 12 months, LSCC stock dropped by -33.65%. The one-year Lattice Semiconductor Corp. stock forecast points to a potential upside of 17.64. The average equity rating for LSCC stock is currently 1.60, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $6.99 billion, with 137.34 million shares outstanding and 136.22 million shares in the current float. Compared to the average trading volume of 2.88M shares, LSCC stock reached a trading volume of 2626398 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Lattice Semiconductor Corp. [LSCC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LSCC shares is $61.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LSCC stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Lattice Semiconductor Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 17, 2024. The new note on the price target was released on August 08, 2024, representing the official price target for Lattice Semiconductor Corp. stock. Previously, the target price had yet another drop from $80 to $60, while TD Cowen kept a Buy rating on LSCC stock. On July 30, 2024, analysts decreased their price target for LSCC shares from 83 to 47.
The Average True Range (ATR) for Lattice Semiconductor Corp. is set at 2.18, with the Price to Sales ratio for LSCC stock in the period of the last 12 months amounting to 11.13. The Price to Book ratio for the last quarter was 10.00, with the Price to Cash per share for the same quarter was set at 0.79. Price to Free Cash Flow for LSCC in the course of the last twelve months was 40.65 with Quick ratio for the last quarter at 3.13.
LSCC Stock Performance Analysis:
Lattice Semiconductor Corp. [LSCC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.15. With this latest performance, LSCC shares dropped by -2.59% in over the last four-week period, additionally sinking by -26.16% over the last 6 months – not to mention a drop of -33.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LSCC stock in for the last two-week period is set at 49.98, with the RSI for the last a single of trading hit 48.16, and the three-weeks RSI is set at 50.03 for Lattice Semiconductor Corp. [LSCC]. The present Moving Average for the last 50 days of trading for this stock 48.87, while it was recorded at 50.71 for the last single week of trading, and 62.96 for the last 200 days.
Insight into Lattice Semiconductor Corp. Fundamentals:
Lattice Semiconductor Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.13 and a Current Ratio set at 4.40.
LSCC Stock EPS
With the latest financial reports released by the company, Lattice Semiconductor Corp. posted 0.53/share EPS, while the average EPS was predicted by analysts to be reported at 0.52/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LSCC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lattice Semiconductor Corp. go to -10.29%.
Lattice Semiconductor Corp. [LSCC] Institutonal Ownership Details
There are presently around $112.12%, or 113.53%% of LSCC stock, in the hands of institutional investors. The top three institutional holders of LSCC stocks are: BLACKROCK INC. with ownership of 19.68 million shares, which is approximately 14.3052%. T. ROWE PRICE INVESTMENT MANAGEMENT, INC., holding 14.65 million shares of the stock with an approximate value of $$849.33 million in LSCC stocks shares; and T. ROWE PRICE INVESTMENT MANAGEMENT, INC., currently with $$815.29 million in LSCC stock with ownership which is approximately 10.2212%.
