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

Shares of NASDAQ:LSCC traded down $0.65 during midday trading on Thursday, hitting $63.72. 15,291 shares of the company's stock traded hands, compared to its average volume of 1,353,527. Lattice Semiconductor has a 1 year low of $43.41 and a 1 year high of $85.45. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 66.36 and a beta of 1.21. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.23 and a current ratio of 2.96. The firm has a fifty day moving average of $53.03 and a 200 day moving average of $53.96.

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

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 18,033 shares of the company's stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $64.63, for a total value of $1,165,472.79. Following the completion of the transaction, the senior vice president now directly owns 32,378 shares in the company, valued at approximately $2,092,590.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 18,033 shares of the company's stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $64.63, for a total value of $1,165,472.79. Following the completion of the transaction, the senior vice president now directly owns 32,378 shares in the company, valued at approximately $2,092,590.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James Robert Anderson sold 30,000 shares of the company's stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of $49.72, for a total value of $1,491,600.00. Following the completion of the transaction, the chief executive officer now owns 755,432 shares of the company's stock, valued at $37,560,079.04. The disclosure for this sale can be found here. In the last ninety days, insiders sold 143,196 shares of company stock valued at $7,528,559. 1.80% of the stock is owned by corporate insiders.