NASDAQ:SMTC

Semtech Stock Forecast, Price & News

$51.97

-3.00 (-5.46%)

(As of 07/1/2022 12:00 AM ET)

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Today's Range: $51.21
▼
$54.19
50-Day Range: $53.47
▼
$65.02
52-Week Range: $51.21
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$94.92

Volume: 425,339 shs
Average Volume: 441,752 shs
Market Capitalization: $3.30 billion

P/E Ratio: 24.17
Dividend Yield: N/A
Price Target: $78.40

Semtech Stock Forecast (MarketRank)

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 50.9% Upside
$78.40 Price Target
Short Interest: Healthy
2.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.60
Based on 4 Articles This Week
Insider Trading: Selling Shares
$959.07 K Sold Last Quarter
Proj. Earnings Growth: 10.55%
From $2.75 to $3.04 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.14 out of 5 stars

Computer And Technology Sector

164th out of 937 stocks

Semiconductors & Related Devices Industry

34th out of 124 stocks

3.3 Analyst's Opinion

Consensus Rating
Semtech has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $78.40, Semtech has a forecasted upside of 50.9% from its current price of $51.97.
Amount of Analyst Coverage
Semtech has only been the subject of 4 research reports in the past 90 days.

3.0 Short Interest

Percentage of Shares Shorted
2.69% of the float of Semtech has been sold short.
Short Interest Ratio / Days to Cover
Semtech has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Semtech has recently increased by 9.03%, indicating that investor sentiment is decreasing significantly.

0.0 Dividend Strength

Dividend Yield
Semtech does not currently pay a dividend.
Dividend Growth
Semtech does not have a long track record of dividend growth.

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SMTC.

2.0 News and Social Media Coverage

News Sentiment
Semtech has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Semtech this week, compared to 5 articles on an average week.
Search Interest
8 people have searched for SMTC on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Semtech to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Semtech insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $959,065.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Semtech is held by insiders.
Percentage Held by Institutions
96.33% of the stock of Semtech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Semtech are expected to grow by 10.55% in the coming year, from $2.75 to $3.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Semtech is 24.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 46.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Semtech is 24.17, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 107.26.
Price to Earnings Growth Ratio
Semtech has a PEG Ratio of 1.39. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Semtech has a P/B Ratio of 4.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Semtech (NASDAQ:SMTC)

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products 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 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, it 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. The company serves original equipment manufacturers and their suppliers in the enterprise computing, communications, and consumer and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in North America, Europe, Asia- Pacific, and internationally. The company was incorporated in 1960 and is headquartered in Camarillo, California.

July 1, 2022 | finance.yahoo.com

Why Is Semtech (SMTC) Down 14.6% Since Last Earnings Report?

June 24, 2022 | nasdaq.com

Semtech (SMTC) Grows LoRa Offerings With Cloud Locator Launch - Nasdaq

June 22, 2022 | finance.yahoo.com

Semtech Launches LoRa Cloud™ Locator Cloud Service to Demonstrate the Asset Tracking Capabilities of LoRa Edge™ - Yahoo Finance

June 21, 2022 | businesswire.com

Semtech Launches LoRa Cloud™ Locator Cloud Service to Demonstrate the Asset Tracking Capabilities of LoRa Edge™ - Business Wire

June 15, 2022 | benzinga.com

B. Riley Securities Downgrades Semtech to Neutral, Lowers Price Target to $65 - Benzinga - Benzinga

June 15, 2022 | marketwatch.com

Semtech downgraded to neutral from buy at B. Riley

June 14, 2022 | finance.yahoo.com

Returns At Semtech (NASDAQ:SMTC) Are On The Way Up

June 10, 2022 | americanbankingnews.com

Semtech Co. (NASDAQ:SMTC) Expected to Announce Earnings of $0.85 Per Share

June 9, 2022 | nasdaq.com

Semtech (SMTC) is a Top-Ranked Growth Stock: Should You Buy? - Nasdaq

June 8, 2022 | finance.yahoo.com

Why Semtech (SMTC) is a Top Growth Stock for the Long-Term

June 2, 2022 | businesswire.com

Semtech's Professional AV Interface Conversion Devices Leveraged by Broadata Communications for Quad/12G SDI Wall Plate - Business Wire

June 2, 2022 | finance.yahoo.com

Semtech’s Professional AV Interface Conversion Devices Leveraged by Broadata Communications for Quad/12G SDI Wall Plate - Yahoo Finance

June 1, 2022 | finance.yahoo.com

Semtech (SMTC) Q1 Earnings and Revenues Top Estimates

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Sector: Computer and Technology
Current Symbol: NASDAQ:SMTC
CUSIP: 81685010
CIK: 88941
Web: www.semtech.com
Phone: (805) 498-2111
Fax: 805-498-3804
Employees: 1,439
Year Founded: 1960

Company Calendar

Last Earnings: 6/01/2022
Today: 7/01/2022
Next Earnings (Estimated): 9/07/2022
Fiscal Year End: 1/31/2023

Price Target and Rating

Average Stock Price Forecast: $78.40
High Stock Price Forecast: $95.00
Low Stock Price Forecast: $55.00
Forecasted Upside/Downside: +50.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.625
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.149990
Trailing P/E Ratio: 24.17
Forward P/E Ratio: 18.90
P/E Growth: 1.39
Net Income: $125.66 million
Net Margins: 18.15%
Pretax Margin: 20.52%
Return on Equity: 20.24%
Return on Assets: 13.14%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 4.49
Quick Ratio: 3.52

Sales & Book Value

Annual Sales: $740.86 million
Price / Sales: 4.45
Cash Flow: $2.33 per share
Price / Cash Flow: 22.27
Book Value: $11.51 per share
Price / Book: 4.52

Miscellaneous

Outstanding Shares: 63,478,000
Free Float: 62,653,000
Market Cap: $3.30 billion
Optionable: Optionable
Beta: 1.53

Social Links

Semtech Frequently Asked Questions

Should I buy or sell Semtech stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Semtech in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Semtech stock.
View analyst ratings for Semtech or view top-rated stocks.
What is Semtech's stock price forecast for 2022?: 8 brokerages have issued twelve-month price targets for Semtech's shares. Their SMTC stock forecasts range from $55.00 to $95.00. On average, they anticipate Semtech's stock price to reach $78.40 in the next twelve months. This suggests a possible upside of 50.9% from the stock's current price.
View analysts' price targets for Semtech or view top-rated stocks among Wall Street analysts.
How has Semtech's stock performed in 2022?: Semtech's stock was trading at $88.93 at the beginning of 2022. Since then, SMTC stock has decreased by 41.6% and is now trading at $51.97.
View the best growth stocks for 2022 here.
When is Semtech's next earnings date?: Semtech is scheduled to release its next quarterly earnings announcement on Wednesday, September 7th 2022.
View our earnings forecast for Semtech.
How were Semtech's earnings last quarter?: Semtech Co. (NASDAQ:SMTC) announced its quarterly earnings data on Wednesday, June, 1st. The semiconductor company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.04. The semiconductor company had revenue of $202.10 million for the quarter, compared to analysts' expectations of $199.98 million. Semtech had a net margin of 18.15% and a trailing twelve-month return on equity of 20.24%. The business's revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.38 EPS.
View Semtech's earnings history.
What guidance has Semtech issued on next quarter's earnings?: Semtech updated its second quarter 2023 earnings guidance on Wednesday, June, 29th. The company provided earnings per share guidance of $0.80-$0.90 for the period, compared to the consensus estimate of $0.83. The company issued revenue guidance of $203.00 million-$213.00 million, compared to the consensus revenue estimate of $210.23 million.
Who are Semtech's key executives?: Semtech's management team includes the following people:
Mr. Mohan R. Maheswaran, Pres, CEO & Director (Age 58, Pay $1.67M) (LinkedIn Profile)
Mr. Emeka N. Chukwu, Exec. VP & CFO (Age 59, Pay $816.13k) (LinkedIn Profile)
Mr. Asaf Silberstein, Exec. VP of Worldwide Operations & Information Technology (Age 52, Pay $778.13k) (LinkedIn Profile)
Mr. Gary M. Beauchamp, Exec. VP & GM of Signal Integrity Products Group (Age 62, Pay $777.44k)
Mr. Alistair W. Fulton, Sr. VP and GM of Wireless & Sensing Products Group (Age 52, Pay $708.8k) (LinkedIn Profile)
Mr. Francois Tremblay, CTO & VP of Design Engineering for Signal Integrity Products Group
Mr. William Harrison, Director of Investor Relations
Mr. Charles Butler Ammann, EVP, Chief Legal Officer, Sec. and Chief Environmental, Social & Governance (ESG) Officer (Age 67)
Ms. Julie A McGee, Sr. VP & Chief Marketing Officer
Mr. Norris Powell, Sr. VP & Chief HR Officer (Age 57) (LinkedIn Profile)
What is Mohan R. Maheswaran's approval rating as Semtech's CEO?: 66 employees have rated Semtech CEO Mohan R. Maheswaran on Glassdoor.com. Mohan R. Maheswaran has an approval rating of 85% among Semtech's employees.

Who are some of Semtech's key competitors?: Some companies that are related to Semtech include NVIDIA (NVDA), Broadcom (AVGO), Intel (INTC), Texas Instruments (TXN), Analog Devices (ADI), Micron Technology (MU), Marvell Technology (MRVL), Microchip Technology (MCHP), Monolithic Power Systems (MPWR), Skyworks Solutions (SWKS), First Solar (FSLR), Lattice Semiconductor (LSCC), Silicon Laboratories (SLAB), Altair Engineering (ALTR) and Power Integrations (POWI).
View all of SMTC's 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), APA (APA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN), AutoZone (AZO), Charles Schwab (SCHW), Bank of the Ozarks (OZRK) and Vicor (VICR).
What is Semtech's stock symbol?: Semtech trades on the NASDAQ under the ticker symbol "SMTC."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Semtech's stock price today?: One share of SMTC stock can currently be purchased for approximately $51.97.
How much money does Semtech make?: Semtech (NASDAQ:SMTC) has a market capitalization of $3.30 billion and generates $740.86 million in revenue each year. The semiconductor company earns $125.66 million in net income (profit) each year or $2.149990 on an earnings per share basis.
How many employees does Semtech have?: Semtech employs 1,439 workers across the globe.
Does Semtech have any subsidiaries?: The following companies are subsidiares of Semtech: AptoVision Technologies Inc., Cycleo, Gennum Corporation, Gennum UK Limited, Semtech Advanced Systems India Private Limited, Semtech Canada Corporation, Semtech Colorado Inc., Semtech Corpus Christi Corporation, Semtech Corpus Christi S.A. de CV, Semtech EMEA Limited, Semtech EV Inc., Semtech France SAS, Semtech Germany GmbH, Semtech International AG, Semtech Japan GK, Semtech Limited, Semtech Netherlands BV, Semtech Neuchatel SARL, Semtech New York Corporation, Semtech Quebec Inc., Semtech San Diego Corporation, Semtech Semiconductor (Chengdu) Co. Ltd., Semtech Semiconductor (Malaysia) Sdn Bhd, Semtech Semiconductor (Shanghai) Co. Ltd., Semtech Semiconductor (Shenzhen) Company Limited, Semtech Semiconductor Holdings Limited, Sierra Monolithics Inc., Sierra Monolithics Inc., Snowbush Mexico S.A.P.I. de C.V., Trackio International AG, Triune IP LLC, Triune Systems L.L.C, Triune Systems L.L.C., and XEMICS SA.
Read More
When was Semtech founded?: Semtech was founded in 1960.
How can I contact Semtech?: Semtech's mailing address is 200 FLYNN ROAD, CAMARILLO CA, 93012. The official website for Semtech is www.semtech.com. The semiconductor company can be reached via phone at (805) 498-2111, via email at [email protected], or via fax at 805-498-3804.

This page (NASDAQ:SMTC) was last updated on 7/1/2022 by MarketBeat.com Staff

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Semtech Stock Forecast, Price & News

Semtech Stock Forecast (MarketRank)

Overall MarketRank™

3.3 Analyst's Opinion

3.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

0.0 Dividend Strength

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

2.0 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

2.5 Company Ownership

2.5 Earnings and Valuation

Receive SMTC Stock News and Ratings via Email

About Semtech (NASDAQ:SMTC)

SMTC Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Semtech Frequently Asked Questions

Should I buy or sell Semtech stock right now?

What is Semtech's stock price forecast for 2022?

How has Semtech's stock performed in 2022?

When is Semtech's next earnings date?

How were Semtech's earnings last quarter?

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

Who are Semtech's key executives?

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

Who are some of Semtech's key competitors?

What other stocks do shareholders of Semtech own?

What is Semtech's stock symbol?

How do I buy shares of Semtech?

What is Semtech's stock price today?

How much money does Semtech make?

How many employees does Semtech have?

Does Semtech have any subsidiaries?

When was Semtech founded?

How can I contact Semtech?

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Overall MarketRank^™