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.

Wall Street Analyst Weigh In

Several research analysts have commented on LSCC shares. Susquehanna Bancshares lifted their price target on Lattice Semiconductor from $65.00 to $72.00 and gave the stock a "positive" rating in a research report on Tuesday, August 2nd. Cowen upped their price target on shares of Lattice Semiconductor from $70.00 to $78.00 in a report on Tuesday, August 2nd. Craig Hallum dropped their price target on shares of Lattice Semiconductor from $60.00 to $55.00 in a research report on Thursday, May 5th. Cowen boosted their price objective on shares of Lattice Semiconductor from $70.00 to $78.00 in a report on Tuesday, August 2nd. Finally, StockNews.com cut shares of Lattice Semiconductor from a "buy" rating to a "hold" rating in a report on Wednesday, August 10th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $74.88.

Lattice Semiconductor Trading Up 1.1 %

Shares of LSCC opened at $62.21 on Friday. Lattice Semiconductor has a 12-month low of $43.41 and a 12-month high of $85.45. The firm has a market capitalization of $8.54 billion, a PE ratio of 64.13 and a beta of 1.21. The company has a quick ratio of 2.23, a current ratio of 2.96 and a debt-to-equity ratio of 0.30. The stock's fifty day simple moving average is $54.25 and its 200-day simple moving average is $54.40.

Lattice Semiconductor (NASDAQ:LSCC - Get Rating) last issued its quarterly earnings data on Monday, August 1st. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. Lattice Semiconductor had a return on equity of 34.11% and a net margin of 23.20%. The business had revenue of $161.37 million during the quarter, compared to analyst estimates of $157.98 million. During the same period in the previous year, the firm earned $0.15 EPS. Lattice Semiconductor's quarterly revenue was up 28.2% compared to the same quarter last year. As a group, research analysts predict that Lattice Semiconductor will post 1.32 earnings per share for the current year.

Insider Activity

In related news, SVP Mark Jon Nelson sold 917 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $63.53, for a total transaction of $58,257.01. Following the sale, the senior vice president now directly owns 32,378 shares in the company, valued at approximately $2,056,974.34. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Krishna Rangasayee sold 31,256 shares of the company's stock in a transaction dated Monday, July 18th. The shares were sold at an average price of $53.82, for a total value of $1,682,197.92. Following the sale, the director now owns 27,552 shares in the company, valued at approximately $1,482,848.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mark Jon Nelson sold 917 shares of the stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $63.53, for a total value of $58,257.01. Following the completion of the sale, the senior vice president now directly owns 32,378 shares of the company's stock, valued at $2,056,974.34. The disclosure for this sale can be found here. In the last three months, insiders sold 122,835 shares of company stock worth $6,661,492. 1.80% of the stock is currently owned by company insiders.