On Friday, Semtech Corp (NASDAQ: SMTC) was 0.95% up from the session before settling in for the closing price of $64.54. A 52-week range for SMTC has been $18.16 – $70.27.
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Technology Sector giant saw their annual sales surged by 7.49% over the last five years. When this article was written, the company’s average yearly earnings per share was at 454.55%. With a float of $85.11 million, this company’s outstanding shares have now reached $86.18 million.
The firm has a total of 1917 workers. Let’s measure their productivity. In terms of profitability, gross margin is 48.97%, operating margin of 3.94%, and the pretax margin is -98.17%.
Semtech Corp (SMTC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Semtech Corp stocks. The insider ownership of Semtech Corp is 1.24%, while institutional ownership is 98.96%. The most recent insider transaction that took place on Dec 10 ’24, was worth 119,088. In this transaction Director of this company sold 1,888 shares at a rate of $63.08, taking the stock ownership to the 2,534 shares. Before that another transaction happened on Dec 06 ’24, when Company’s EVP and COO sold 4,000 for $65.94, making the entire transaction worth $263,753. This insider now owns 77,024 shares in total.
Semtech Corp (SMTC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 454.55% per share during the next fiscal year.
Semtech Corp (NASDAQ: SMTC) Trading Performance Indicators
You can see what Semtech Corp (SMTC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.66. Likewise, its price to free cash flow for the trailing twelve months is 184.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -13.05, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.82 in one year’s time.
Technical Analysis of Semtech Corp (SMTC)
Analysing the last 5-days average volume posted by the [Semtech Corp, SMTC], we can find that recorded value of 2.68 million was better than the volume posted last year of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 36.86%. Additionally, its Average True Range was 3.65.
During the past 100 days, Semtech Corp’s (SMTC) raw stochastic average was set at 88.10%, which indicates a significant increase from 72.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.64% in the past 14 days, which was higher than the 66.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.03, while its 200-day Moving Average is $38.50. Now, the first resistance to watch is $67.83. This is followed by the second major resistance level at $70.50. The third major resistance level sits at $72.05. If the price goes on to break the first support level at $63.61, it is likely to go to the next support level at $62.06. Should the price break the second support level, the third support level stands at $59.39.
Semtech Corp (NASDAQ: SMTC) Key Stats
There are 75,683K outstanding shares of the company, which has a market capitalization of 5.67 billion. As of now, sales total 868,760 K while income totals -1,092 M. Its latest quarter income was 236,830 K while its last quarter net income were -7,590 K.
