Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. The company provides signal integrity products, including a portfolio of optical data communications and video transport products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications. It also 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 wireless 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 used in industrial and consumer applications. In addition, the company provides power products consisting of switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging that control, alter, regulate, and condition the power within electronic systems; and discrete semiconductor products, including rectifiers, assemblies, and other products for use in industrial, military, medical, and automotive applications, as well as aerospace and defense systems, such as satellite communications. It serves original equipment manufacturers and their suppliers in the enterprise computing, communications, and consumer and industrial end-markets. The company sells its products directly, as well as through independent sales representative firms and independent distributors in the United States, Europe, and Asia. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:SMTC
Previous Symbol
CUSIP81685010
Phone805-498-2111
Debt
Debt-to-Equity Ratio0.28
Current Ratio4.03
Quick Ratio3.53
Price-To-Earnings
Trailing P/E Ratio33.20
Forward P/E Ratio29.82
P/E Growth2.42
Sales & Book Value
Annual Sales$587.85 million
Price / Sales5.24
Cash Flow$2.1457 per share
Price / Cash Flow21.82
Book Value$10.53 per share
Price / Book4.45
Profitability
EPS (Most Recent Fiscal Year)$1.40
Net Income$36.42 million
Net Margins7.97%
Return on Equity14.23%
Return on Assets8.95%
Miscellaneous
Employees1,282
Outstanding Shares65,810,000
Market Cap$3.12 billion
OptionableOptionable
Semtech (NASDAQ:SMTC) Frequently Asked Questions
What is Semtech's stock symbol?
Semtech trades on the NASDAQ under the ticker symbol "SMTC."
How were Semtech's earnings last quarter?
Semtech Co. (NASDAQ:SMTC) issued its earnings results on Wednesday, November, 28th. The semiconductor company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.61 by $0.02. The semiconductor company earned $173.60 million during the quarter, compared to analyst estimates of $173.06 million. Semtech had a return on equity of 14.23% and a net margin of 7.97%. The business's revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. View Semtech's Earnings History.
When is Semtech's next earnings date?
What guidance has Semtech issued on next quarter's earnings?
Semtech updated its fourth quarter earnings guidance on Wednesday, November, 28th. The company provided earnings per share (EPS) guidance of $0.53-0.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. The company issued revenue guidance of $155-165 million, compared to the consensus revenue estimate of $165.86 million.Semtech also updated its Q4 2019 guidance to $0.53-0.57 EPS.
What price target have analysts set for SMTC?
11 Wall Street analysts have issued 1-year price targets for Semtech's stock. Their forecasts range from $42.00 to $70.00. On average, they expect Semtech's stock price to reach $59.00 in the next year. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Semtech.
What is the consensus analysts' recommendation for Semtech?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Semtech in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Semtech.
What are Wall Street analysts saying about Semtech stock?
Here are some recent quotes from research analysts about Semtech stock:
- 1. According to Zacks Investment Research, "Semtech continues to be impacted by mounting competition in the semiconductor space. The resultant pricing pressure continues to impact the company’s margins and profitability. Moreover, the seasonality in the consumer segment is a matter of concern. Also, risk of foreign exchange fluctuations is a headwind. However, the company reported strong fiscal third quarter results. The growth drivers for the company were product differentiation, operational flexibility and a specific focus on fast-growing segments and regions. Further, Semtech's strong performance in the industrial and communications markets continues to drive its top-line growth. Notably, shares of Semtech have outperformed the industry it belongs to on a year-to-date basis." (12/3/2018)
- 2. Needham & Company LLC analysts commented, "With strong contributions YTD in 2018 from all of its growth segments, including LoRa transceivers, data center CDRs and protection devices, and better than expected sales of its PON and base station solutions, SMTC shares are up 74.7% YTD vs. 9.9% for the S&P500 Index. SMTC shares closed $59.75, only $0.25 from our recently raised PT of $60. SMTC shares currently trade at an enterprise value of 5.5X expected CY19 sales and at a 22.5x P/E multiple of expected CY19 NG EPS. SMTC now trades at a premium to many of its analog/mixed- signal peers and near valuation levels at which peer IDTI may be acquired according to reports from Nikkei Asian Review. At current valuation levels, we see the risk/reward profile as more balanced. Accordingly, we downgrade the shares to Hold from Buy." (9/4/2018)
Has Semtech been receiving favorable news coverage?
News coverage about SMTC stock has been trending very negative on Saturday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Semtech earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Semtech's key competitors?
Some companies that are related to Semtech include STMicroelectronics (STM), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), ASE Technology (ASX), Qorvo (QRVO), ON Semiconductor (ON), IPG Photonics (IPGP), Integrated Device Technology (IDTI), Monolithic Power Systems (MPWR), Mellanox Technologies (MLNX), First Solar (FSLR), Cypress Semiconductor (CY), Cree (CREE), Semiconductor Manufacturing Int'l (SMI) and United Microelectronics (UMC).
Who are Semtech's key executives?
Semtech's management team includes the folowing people:
- Mr. Mohan R. Maheswaran, Pres, CEO & Director (Age 54)
- Mr. Emeka N. Chukwu, Exec. VP & CFO (Age 55)
- Mr. Asaf Silberstein, Sr. VP of Worldwide Operations & Information Technology (Age 48)
- Mr. James J. Kim, Sr. VP of Worldwide Sales (Age 61)
- Mr. Gary M. Beauchamp, Exec. VP & GM of Signal Integrity Product Group (Age 58)
Who are Semtech's major shareholders?
Semtech's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.34%), Vanguard Group Inc. (10.28%), Vanguard Group Inc (10.34%), Frontier Capital Management Co. LLC (6.58%), FMR LLC (5.35%) and Bank of New York Mellon Corp (3.47%). Company insiders that own Semtech stock include Asaf Silberstein, Charles B Ammann, Emeka Chukwu, Gary Beauchamp, Glen M Antle, James Jungsup Kim, James P Burra, James T Lindstrom, John Michael Wilson, Marc Pegulu, Mark C Costello, Mohan Maheswaran, Rockell N Hankin, Sharon K Faltemier, Simon A Brown and Ye Jane Li. View Institutional Ownership Trends for Semtech.
Which institutional investors are selling Semtech stock?
SMTC stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, FMR LLC, Thompson Siegel & Walmsley LLC, Penn Capital Management Co. Inc., AQR Capital Management LLC, Frontier Capital Management Co. LLC, Advisory Research Inc. and William Blair Investment Management LLC. Company insiders that have sold Semtech company stock in the last year include Asaf Silberstein, Charles B Ammann, Emeka Chukwu, Gary Beauchamp, Glen M Antle, James Jungsup Kim, James T Lindstrom, John Michael Wilson, Marc Pegulu, Mark C Costello, Mohan Maheswaran, Rockell N Hankin, Sharon K Faltemier, Simon A Brown and Ye Jane Li. View Insider Buying and Selling for Semtech.
Which institutional investors are buying Semtech stock?
SMTC stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, Morgan Stanley, Clearbridge Investments LLC, Prudential Financial Inc. and Mesirow Financial Investment Management Equity Management. View Insider Buying and Selling for Semtech.
How do I buy shares of Semtech?
Shares of SMTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Semtech's stock price today?
One share of SMTC stock can currently be purchased for approximately $46.82.
How big of a company is Semtech?
Semtech has a market capitalization of $3.12 billion and generates $587.85 million in revenue each year. The semiconductor company earns $36.42 million in net income (profit) each year or $1.40 on an earnings per share basis. Semtech employs 1,282 workers across the globe.
What is Semtech's official website?
How can I contact Semtech?
Semtech's mailing address is 200 FLYNN ROAD, CAMARILLO CA, 93012. The semiconductor company can be reached via phone at 805-498-2111 or via email at [email protected]
MarketBeat Community Rating for Semtech (NASDAQ SMTC)
MarketBeat's community ratings are surveys of what our community members think about Semtech and other stocks. Vote "Outperform" if you believe SMTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
