Semtech Corp (NASDAQ: SMTC) on Friday, soared 1.13% from the previous trading day, before settling in for the closing price of $65.38. Within the past 52 weeks, SMTC’s price has moved between $16.65 and $70.27.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 7.49%. The company achieved an average annual earnings per share of 448.05%. With a float of $74.74 million, this company’s outstanding shares have now reached $75.40 million.
Considering the fact that the conglomerate employs 1917 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 48.97%, operating margin of 3.94%, and the pretax margin is -98.17%.
Semtech Corp (SMTC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Semtech Corp is 1.24%, while institutional ownership is 112.68%. The most recent insider transaction that took place on Dec 06 ’24, was worth 263,200. Before that another transaction happened on Apr 08 ’24, when Company’s EVP and CFO bought 1,000 for $33.23, making the entire transaction worth $33,232. This insider now owns 1,000 shares in total.
Semtech Corp (SMTC) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 448.05% per share during the next fiscal year.
Semtech Corp (NASDAQ: SMTC) Trading Performance Indicators
Semtech Corp (SMTC) is currently performing well based on its current performance indicators. A quick ratio of 1.67 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.95. Likewise, its price to free cash flow for the trailing twelve months is 160.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -13.05, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.77 in one year’s time.
Technical Analysis of Semtech Corp (SMTC)
Compared to the last year’s volume of 1.86 million, its volume of 3.04 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 82.76%. Additionally, its Average True Range was 3.66.
During the past 100 days, Semtech Corp’s (SMTC) raw stochastic average was set at 90.35%, which indicates a significant increase from 84.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.65% in the past 14 days, which was higher than the 66.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.91, while its 200-day Moving Average is $37.41. Nevertheless, the first resistance level for the watch stands at $67.96 in the near term. At $69.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.28. If the price goes on to break the first support level at $63.64, it is likely to go to the next support level at $61.16. Now, if the price goes above the second support level, the third support stands at $59.32.
Semtech Corp (NASDAQ: SMTC) Key Stats
Market capitalization of the company is 5.06 billion based on 75,683K outstanding shares. Right now, sales total 868,760 K and income totals -1,092 M. The company made 236,800 K in profit during its latest quarter, and -7,600 K in sales during its previous quarter.
