Lattice Semiconductor (LSCC) Stock Forecast, Price & News

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Certus-NX and ECP, Mach, iCE40, and CrossLink. It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. It sells its products directly to end customers, and indirectly through a network of independent manufacturers' representatives and independent distributors. The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial and automotive end markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock opened at $64.52 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.96 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $8.86 billion, a P/E ratio of 66.52 and a beta of 1.21. The stock's 50 day moving average is $52.36 and its 200 day moving average is $53.78. Lattice Semiconductor has a twelve month low of $43.41 and a twelve month high of $85.45.

Lattice Semiconductor (NASDAQ:LSCC - Get Rating) last posted its quarterly earnings results on Monday, August 1st. The semiconductor company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The company had revenue of $161.37 million for the quarter, compared to the consensus estimate of $157.98 million. Lattice Semiconductor had a return on equity of 34.11% and a net margin of 23.20%. The firm's quarterly revenue was up 28.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.15 EPS. On average, equities research analysts predict that Lattice Semiconductor will post 1.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

LSCC has been the subject of a number of recent research reports. Cowen boosted their target price on Lattice Semiconductor from $70.00 to $78.00 in a research note on Tuesday, August 2nd. Cowen upped their price target on Lattice Semiconductor from $70.00 to $78.00 in a research report on Tuesday, August 2nd. Susquehanna Bancshares upped their price target on Lattice Semiconductor from $65.00 to $72.00 and gave the company a "positive" rating in a research report on Tuesday, August 2nd. StockNews.com upgraded Lattice Semiconductor from a "hold" rating to a "buy" rating in a report on Wednesday, July 13th. Finally, Susquehanna upped their target price on Lattice Semiconductor from $65.00 to $72.00 and gave the stock a "positive" rating in a report on Tuesday, August 2nd. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $74.88.

Insider Buying and Selling

In related news, SVP Stephen Douglass sold 2,512 shares of the company's stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $51.90, for a total value of $130,372.80. Following the transaction, the senior vice president now directly owns 115,279 shares of the company's stock, valued at approximately $5,982,980.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, SVP Glenn O'rourke sold 919 shares of the company's stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of $49.10, for a total value of $45,122.90. Following the transaction, the senior vice president now directly owns 31,702 shares of the company's stock, valued at approximately $1,556,568.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Stephen Douglass sold 2,512 shares of the company's stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $51.90, for a total value of $130,372.80. Following the completion of the transaction, the senior vice president now directly owns 115,279 shares in the company, valued at $5,982,980.10. The disclosure for this sale can be found here. Insiders have sold 137,643 shares of company stock worth $6,813,332 in the last 90 days. Insiders own 1.80% of the company's stock.