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NASDAQ:SMTCSemtech Stock Price, Forecast & News

$56.29
+2.25 (+4.16 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$55.23
Now: $56.29
$58.23
50-Day Range
$38.90
MA: $45.80
$54.01
52-Week Range
$26.03
Now: $56.29
$58.23
Volume699,686 shs
Average Volume477,782 shs
Market Capitalization$3.67 billion
P/E Ratio106.21
Dividend YieldN/A
Beta1.68
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, and communications 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. 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. 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 founded in 1960 and is headquartered in Camarillo, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.66 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
Current SymbolNASDAQ:SMTC
CUSIP81685010
Phone805-498-2111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$547.51 million
Cash Flow$1.60 per share
Book Value$10.16 per share

Profitability

Net Income$31.87 million

Miscellaneous

Employees1,388
Market Cap$3.67 billion
Next Earnings Date8/26/2020 (Estimated)
OptionableOptionable

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Semtech (NASDAQ:SMTC) Frequently Asked Questions

How has Semtech's stock been impacted by COVID-19 (Coronavirus)?

Semtech's stock was trading at $33.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SMTC shares have increased by 66.6% and is now trading at $56.29. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Semtech?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Semtech in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Semtech.

When is Semtech's next earnings date?

Semtech is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Semtech.

How were Semtech's earnings last quarter?

Semtech Co. (NASDAQ:SMTC) posted its earnings results on Wednesday, May, 27th. The semiconductor company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.03. The semiconductor company had revenue of $132.70 million for the quarter, compared to analysts' expectations of $129.18 million. Semtech had a net margin of 6.47% and a return on equity of 9.48%. Semtech's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the company posted $0.34 EPS. View Semtech's earnings history.

What guidance has Semtech issued on next quarter's earnings?

Semtech updated its second quarter earnings guidance on Wednesday, May, 27th. The company provided earnings per share guidance of $0.40-$0.44 for the period, compared to the Thomson Reuters consensus estimate of $0.35. The company issued revenue guidance of $138-$146 million, compared to the consensus revenue estimate of $132.55 million.

What price target have analysts set for SMTC?

14 brokers have issued twelve-month price targets for Semtech's stock. Their forecasts range from $6.00 to $65.00. On average, they expect Semtech's stock price to reach $55.27 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View analysts' price targets for Semtech.

Has Semtech been receiving favorable news coverage?

News coverage about SMTC stock has been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Semtech earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutSemtech.

Who are some of Semtech's key competitors?

What other stocks do shareholders of Semtech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Semtech investors own include Endologix (ELGX), Apache (APA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Bank Of The Ozarks (OZRK), AutoZone (AZO), Accenture (ACN), Micron Technology (MU), Belden (BDC) and Vicor (VICR).

Who are Semtech's key executives?

Semtech's management team includes the following people:
  • Mr. Mohan R. Maheswaran, Pres, CEO & Director (Age 55)
  • Mr. Emeka N. Chukwu, Exec. VP & CFO (Age 56)
  • Mr. Asaf Silberstein, Exec. VP of Worldwide Operations & Information Technology (Age 49)
  • Mr. James J. Kim, Exec. VP of Worldwide Sales (Age 62)
  • Mr. Gary M. Beauchamp, Exec. VP & GM of Signal Integrity Product Group (Age 59)

What is Semtech's stock symbol?

Semtech trades on the NASDAQ under the ticker symbol "SMTC."

Who are Semtech's major shareholders?

Semtech's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (12.23%), Invesco Ltd. (7.25%), Bank of New York Mellon Corp (5.03%), State Street Corp (3.62%), Schroder Investment Management Group (2.21%) and Fisher Asset Management LLC (2.11%). Company insiders that own Semtech stock include Alisair Fulton, Asaf Silberstein, Carmelo J Santoro, Charles B Ammann, Christopher H Chang, Emeka Chukwu, Gary Beauchamp, 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, Sylvia Summers 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 JPMorgan Chase & Co., AQR Capital Management LLC, BlackRock Inc., The Manufacturers Life Insurance Company , Prudential PLC, Fisher Asset Management LLC, Victory Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have sold Semtech company stock in the last year include Alisair Fulton, Asaf Silberstein, Carmelo J Santoro, Charles B Ammann, Christopher H Chang, Emeka Chukwu, James Jungsup Kim, James P Burra, James T Lindstrom, John Michael Wilson, Mark C Costello, Mohan Maheswaran, Rockell N Hankin, Sharon K Faltemier, and Sylvia Summers. View insider buying and selling activity for Semtech.

Which institutional investors are buying Semtech stock?

SMTC stock was purchased by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Franklin Resources Inc., Invesco Ltd., Bank of New York Mellon Corp, Federated Hermes Inc., Frontier Capital Management Co. LLC, WCM Investment Management LLC, and Clearbridge Investments LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Semtech's stock price today?

One share of SMTC stock can currently be purchased for approximately $56.29.

How big of a company is Semtech?

Semtech has a market capitalization of $3.67 billion and generates $547.51 million in revenue each year. The semiconductor company earns $31.87 million in net income (profit) each year or $0.91 on an earnings per share basis. Semtech employs 1,388 workers across the globe.

What is Semtech's official website?

The official website for Semtech is www.semtech.com.

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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff

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