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 Up 4.5 %

LSCC traded up $2.76 during midday trading on Wednesday, hitting $64.13. 31,471 shares of the company's stock traded hands, compared to its average volume of 1,570,482. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.96 and a quick ratio of 2.23. The company has a market cap of $8.81 billion, a PE ratio of 63.27 and a beta of 1.21. The stock's fifty day simple moving average is $52.78 and its 200-day simple moving average is $53.89. Lattice Semiconductor has a one year low of $43.41 and a one year high of $85.45.

Lattice Semiconductor (NASDAQ:LSCC - Get Rating) last released 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. The business 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%. Lattice Semiconductor's quarterly revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 EPS. As a group, equities analysts anticipate that Lattice Semiconductor will post 1.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on LSCC. Craig Hallum dropped their price objective on Lattice Semiconductor from $60.00 to $55.00 in a research note on Thursday, May 5th. Susquehanna upped their price target 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. Susquehanna Bancshares lifted their price objective on shares of Lattice Semiconductor from $65.00 to $72.00 and gave the stock a "positive" rating in a research note on Tuesday, August 2nd. Cowen increased their price objective on Lattice Semiconductor from $70.00 to $78.00 in a research report on Tuesday, August 2nd. Finally, Cowen lifted their price target on Lattice Semiconductor from $70.00 to $78.00 in a research note on Tuesday, August 2nd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.88.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor 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 transaction of $130,372.80. Following the completion of the sale, the senior vice president now owns 115,279 shares of the company's stock, valued at $5,982,980.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, SVP Glenn O'rourke sold 919 shares of the 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 completion of the sale, the senior vice president now directly owns 31,702 shares of the company's stock, valued at $1,556,568.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Stephen Douglass sold 2,512 shares of the company's stock in a transaction on Tuesday, June 7th. The shares were sold at an average price of $51.90, for a total transaction of $130,372.80. Following the transaction, the senior vice president now owns 115,279 shares of the company's stock, valued at $5,982,980.10. The disclosure for this sale can be found here. In the last quarter, insiders sold 143,196 shares of company stock worth $7,528,559. 1.80% of the stock is owned by corporate insiders.