On Monday, Lattice Semiconductor Corp. (NASDAQ: LSCC) opened lower -1.99% from the last session, before settling in for the closing price of $53.31. Price fluctuations for LSCC have ranged from $40.65 to $85.69 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 13.67% annually for the last half of the decade. Company’s average yearly earnings per share was noted -50.00% at the time writing. With a float of $136.22 million, this company’s outstanding shares have now reached $137.34 million.
In an organization with 1156 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 64.83%, operating margin of 22.94%, and the pretax margin is 23.08%.
Lattice Semiconductor Corp. (LSCC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Lattice Semiconductor Corp. is 1.13%, while institutional ownership is 108.67%. The most recent insider transaction that took place on Aug 23 ’24, was worth 59,425. Before that another transaction happened on Aug 20 ’24, when Company’s SVP, Sales sold 1,232 for $48.98, making the entire transaction worth $60,343. This insider now owns 14,919 shares in total.
Lattice Semiconductor Corp. (LSCC) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.53 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.52) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.00% per share during the next fiscal year.
Lattice Semiconductor Corp. (NASDAQ: LSCC) Trading Performance Indicators
Check out the current performance indicators for Lattice Semiconductor Corp. (LSCC). In the past quarter, the stock posted a quick ratio of 3.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.47. Likewise, its price to free cash flow for the trailing twelve months is 41.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.36, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.39 in one year’s time.
Technical Analysis of Lattice Semiconductor Corp. (LSCC)
Let’s dig in a bit further. During the last 5-days, its volume was 2.62 million. That was better than the volume of 2.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.71%. Additionally, its Average True Range was 2.26.
During the past 100 days, Lattice Semiconductor Corp.’s (LSCC) raw stochastic average was set at 30.88%, which indicates a significant decrease from 74.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.83% in the past 14 days, which was lower than the 63.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.11, while its 200-day Moving Average is $62.84. However, in the short run, Lattice Semiconductor Corp.’s stock first resistance to watch stands at $53.26. Second resistance stands at $54.26. The third major resistance level sits at $55.58. If the price goes on to break the first support level at $50.94, it is likely to go to the next support level at $49.62. The third support level lies at $48.62 if the price breaches the second support level.
Lattice Semiconductor Corp. (NASDAQ: LSCC) Key Stats
There are currently 137,546K shares outstanding in the company with a market cap of 7.20 billion. Presently, the company’s annual sales total 737,150 K according to its annual income of 259,060 K. Last quarter, the company’s sales amounted to 124,080 K and its income totaled 22,630 K.
