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.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Phone805-498-2111
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$627.20 million
Profitability
Miscellaneous
Employees1,335
Next Earnings Date8/28/2019 (Confirmed)
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 quarterly earnings data on Wednesday, May, 29th. The semiconductor company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.16. The semiconductor company earned $131.40 million during the quarter, compared to analyst estimates of $130.40 million. Semtech had a return on equity of 14.05% and a net margin of 10.18%. The business's revenue for the quarter was down 13.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.47 earnings per share. View Semtech's Earnings History.
When is Semtech's next earnings date?
How can I listen to Semtech's earnings call?
Semtech will be holding an earnings conference call on Wednesday, August 28th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
What guidance has Semtech issued on next quarter's earnings?
Semtech updated its second quarter earnings guidance on Wednesday, May, 29th. The company provided earnings per share (EPS) guidance of $0.32-$0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.40. The company issued revenue guidance of $128-$142 million, compared to the consensus revenue estimate of $139.20 million.
What price target have analysts set for SMTC?
11 brokers have issued 12-month price targets for Semtech's shares. Their predictions range from $42.00 to $64.00. On average, they anticipate Semtech's stock price to reach $53.7030 in the next year. This suggests a possible upside of 24.1% 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 3 hold ratings and 8 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’s strong performance in the industrial and communications markets continues to drive its top-line growth. Additionally, the company's product differentiation, operational flexibility and a specific focus on fast-growing segments and regions continue to be its key growth drivers, which is a positive. Notably, the stock has outperformed the industry it belongs to over a year. However, the company continues to be impacted by mounting competition in the semiconductor space, including slowing demand in China. 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." (5/14/2019)
- 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 stories about SMTC stock have been trending positive on Sunday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Semtech earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Semtech.
Are investors shorting Semtech?
Semtech saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 1,716,000 shares, an increase of 18.1% from the June 15th total of 1,453,300 shares. Based on an average trading volume of 524,500 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.7% of the shares of the stock are sold short. View Semtech's Current Options Chain.
Who are some of Semtech's key competitors?
Some companies that are related to Semtech include ASE Technology (ASX), Qorvo (QRVO), Cypress Semiconductor (CY), ON Semiconductor (ON), Advantest (ATEYY), Monolithic Power Systems (MPWR), First Solar (FSLR), IPG Photonics (IPGP), Mellanox Technologies (MLNX), Semiconductor Manufacturing International (SMICY), United Microelectronics (UMC), Cree (CREE), Silicon Laboratories (SLAB), Solaredge Technologies (SEDG) and Enphase Energy (ENPH).
What other stocks do shareholders of Semtech own?
Who are Semtech's key executives?
Semtech's management team includes the folowing 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)
Who are Semtech's major shareholders?
Semtech's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.12%), BlackRock Inc. (12.12%), Vanguard Group Inc. (9.50%), Invesco Ltd. (4.77%), Waddell & Reed Financial Inc. (4.74%) and Bank of New York Mellon Corp (3.99%). Company insiders that own Semtech stock include Alisair Fulton, Asaf Silberstein, Charles B Ammann, Christopher H Chang, 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 BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Columbus Circle Investors, Kornitzer Capital Management Inc. KS, Rice Hall James & Associates LLC, Morgan Stanley and Waddell & Reed Financial Inc.. Company insiders that have sold Semtech company stock in the last year include Alisair Fulton, Asaf Silberstein, Charles B Ammann, Christopher H Chang, Emeka Chukwu, Gary Beauchamp, 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, JPMorgan Chase & Co., Prudential PLC, Invesco Ltd., AQR Capital Management LLC, Retirement Systems of Alabama, Northern Trust Corp and Allianz Asset Management GmbH. 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 $43.27.
How big of a company is Semtech?
Semtech has a market capitalization of $2.89 billion and generates $627.20 million in revenue each year. The semiconductor company earns $63.06 million in net income (profit) each year or $1.33 on an earnings per share basis. Semtech employs 1,335 workers across the globe.View Additional Information About Semtech.
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.
