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 Ratio0.29
Current Ratio4.13
Quick Ratio3.62
Price-To-Earnings
Trailing P/E Ratio33.56
Forward P/E Ratio30.12
P/E Growth6.01
Sales & Book Value
Annual Sales$587.85 million
Price / Sales5.29
Cash Flow$2.18 per share
Price / Cash21.55
Book Value$10.02 per share
Price / Book4.69
Profitability
EPS (Most Recent Fiscal Year)$1.40
Net Income$36.42 million
Net Margins8.48%
Return on Equity12.66%
Return on Assets7.91%
Miscellaneous
Employees1,282
Outstanding Shares66,220,000
Market Cap$3.11 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) released its earnings results on Wednesday, August, 29th. The semiconductor company reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.01. The semiconductor company earned $163.20 million during the quarter, compared to analyst estimates of $161.21 million. Semtech had a return on equity of 12.66% and a net margin of 8.48%. The company's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 earnings per share. 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 third quarter earnings guidance on Wednesday, August, 29th. The company provided EPS guidance of $0.58-0.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.60.
What price target have analysts set for SMTC?
11 equities research analysts have issued 12-month price targets for Semtech's shares. Their forecasts range from $42.00 to $70.00. On average, they anticipate Semtech's share price to reach $58.70 in the next year. This suggests a possible upside of 24.9% 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 1 hold rating and 10 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 is currently riding on differentiated growth drivers and diversification strategy. Key growth drivers for Semtech are product differentiation, operational flexibility and a specific focus on fast-growing segments and regions. Further, Semtech's strong performence in the industrial and communications markets will continue to drive its top-line growth. Notably, shares of Semtech have outperformed the industry it belongs to on a year-to-date basis. However, concerns about the company’s exposure to seasonality and a highly competitive market remains an overhang. Also, risk of foreign exchange fultuations is a headwind." (11/15/2018)
- 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 somewhat positive recently, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Semtech earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are some of Semtech's key competitors?
Some companies that are related to Semtech include 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), Cypress Semiconductor (CY), First Solar (FSLR), Cree (CREE), SUMCO Corp/ADR (SUOPY), United Microelectronics (UMC), AU Optronics (AUO) and Semiconductor Manufacturing Int'l (SMI).
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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.34%), Frontier Capital Management Co. LLC (6.58%), FMR LLC (5.35%), Bank of New York Mellon Corp (3.47%), Alliancebernstein L.P. (3.26%) and Macquarie Group Ltd. (2.00%). 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 and Simon A Brown. View Institutional Ownership Trends for Semtech.
Which major 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, AQR Capital Management LLC, Frontier Capital Management Co. LLC, Advisory Research Inc., William Blair Investment Management LLC and Fisher Asset 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 and Simon A Brown. View Insider Buying and Selling for Semtech.
Which major investors are buying Semtech stock?
SMTC stock was purchased 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, Prudential Financial Inc., Mesirow Financial Investment Management Equity Management, Deutsche Bank AG and WINTON GROUP Ltd. 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 $46.98.
How big of a company is Semtech?
Semtech has a market capitalization of $3.11 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.
