Lattice Semiconductor (NASDAQ:LSCC) is set to issue its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.12 per share for the quarter. Lattice Semiconductor has set its Q3 2019 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.
Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Tuesday, July 30th. The semiconductor company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.06. The business had revenue of $102.30 million during the quarter, compared to the consensus estimate of $99.72 million. Lattice Semiconductor had a net margin of 3.98% and a return on equity of 17.47%. The firm’s revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.10 EPS. On average, analysts expect Lattice Semiconductor to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NASDAQ:LSCC opened at $18.64 on Tuesday. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 84.73, a PEG ratio of 3.40 and a beta of 1.30. The company has a debt-to-equity ratio of 0.66, a current ratio of 3.08 and a quick ratio of 2.30. The firm has a 50 day simple moving average of $19.44 and a 200 day simple moving average of $16.20. Lattice Semiconductor has a one year low of $5.38 and a one year high of $21.58.
In other Lattice Semiconductor news, Director Krishna Rangasayee sold 10,500 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $18.97, for a total value of $199,185.00. Following the completion of the transaction, the director now directly owns 32,763 shares in the company, valued at approximately $621,514.11. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Byron Wayne Milstead sold 30,025 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $18.97, for a total transaction of $569,574.25. Following the completion of the transaction, the vice president now owns 29,206 shares of the company’s stock, valued at $554,037.82. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 94,226 shares of company stock valued at $1,804,647. Corporate insiders own 0.78% of the company’s stock.
LSCC has been the subject of several research reports. ValuEngine downgraded shares of Lattice Semiconductor from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird upped their price target on shares of Lattice Semiconductor to $18.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Cowen restated an “outperform” rating and issued a $21.00 price target (up from $18.00) on shares of Lattice Semiconductor in a research report on Wednesday, July 31st. BidaskClub upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 9th. Finally, Zacks Investment Research cut shares of Lattice Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Lattice Semiconductor has an average rating of “Buy” and an average target price of $15.39.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.
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