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Semtech (SMTC) Stock Price, News & Analysis

$30.99
+2.08 (+7.19%)
(As of 07/26/2024 ET)
Today's Range
$29.29
$31.03
50-Day Range
$28.69
$40.62
52-Week Range
$13.13
$46.86
Volume
1.73 million shs
Average Volume
1.61 million shs
Market Capitalization
$2.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$48.90

Semtech MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
57.8% Upside
$48.90 Price Target
Short Interest
Bearish
19.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.71
Upright™ Environmental Score
News Sentiment
0.46mentions of Semtech in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.03) to $0.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Computer And Technology Sector

270th out of 612 stocks

Semiconductors & Related Devices Industry

41st out of 89 stocks

SMTC stock logo

About Semtech Stock (NASDAQ:SMTC)

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. Further, it offers portfolio of IoT solutions, such as modules, gateways, routers, and connected services; and portfolio of connected services, including wireless connectivity and cloud-based services for industrial, medical and communications applications. The company serves original equipment manufacturers and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in Asia- Pacific, North America, and Europe. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.

SMTC Stock Price History

SMTC Stock News Headlines

Semtech Co. (NASDAQ:SMTC) Receives $48.90 Average PT from Brokerages
Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
SMTC Jan 2025 13.000 put
TER Jun 2025 165.000 call (TER250620C00165000)
Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
Why Semtech Stock Just Crashed 20%
See More Headlines
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Company Calendar

Last Earnings
6/05/2024
Today
7/27/2024
Next Earnings (Estimated)
9/11/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SMTC
CUSIP
81685010
Employees
1,917
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$48.90
High Stock Price Target
$60.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+57.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$-1,092,030,000.00
Net Margins
-129.52%
Pretax Margin
-122.86%

Debt

Sales & Book Value

Annual Sales
$868.76 million
Cash Flow
$12.45 per share
Book Value
($4.78) per share

Miscellaneous

Free Float
64,265,000
Market Cap
$2.00 billion
Optionable
Optionable
Beta
1.55

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Key Executives


SMTC Stock Analysis - Frequently Asked Questions

How have SMTC shares performed this year?

Semtech's stock was trading at $21.91 on January 1st, 2024. Since then, SMTC stock has increased by 41.4% and is now trading at $30.99.
View the best growth stocks for 2024 here
.

How were Semtech's earnings last quarter?

Semtech Co. (NASDAQ:SMTC) announced its quarterly earnings data on Wednesday, June, 5th. The semiconductor company reported ($0.17) earnings per share for the quarter, hitting the consensus estimate of ($0.17). The semiconductor company had revenue of $206.11 million for the quarter, compared to analysts' expectations of $200.16 million. Semtech had a negative net margin of 129.52% and a negative trailing twelve-month return on equity of 154.99%.

What is Mohan R. Maheswaran's approval rating as Semtech's CEO?

66 employees have rated Semtech Chief Executive Officer Mohan R. Maheswaran on Glassdoor.com. Mohan R. Maheswaran has an approval rating of 85% among the company's employees.

Does Semtech have any subsidiaries?

Semtech subsidiaries include Trackio International AG, IC Interconnect, AptoVision Technologies Inc., Triune Systems L.L.C, Enverv, Cycleo, Gennum Corporation, and more.

Who are Semtech's major shareholders?

Top institutional shareholders of Semtech include Bank of New York Mellon Corp (0.76%), Assenagon Asset Management S.A. (0.69%), Zweig DiMenna Associates LLC (0.30%) and SG Americas Securities LLC (0.26%). Insiders that own company stock include Asaf Silberstein, John Michael Wilson, Mark Lin, Alisair Fulton, Charles B Ammann, Michael W Rodensky, Christopher H Chang, Norris B Powell, Alistair Fulton, Emeka Chukwu, Ye Jane Li and Mohan Maheswaran.
View institutional ownership trends
.

How do I buy shares of Semtech?

Shares of SMTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Semtech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Semtech investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN) and AutoZone (AZO).

This page (NASDAQ:SMTC) was last updated on 7/27/2024 by MarketBeat.com Staff

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