Lattice Semiconductor Corp (NASDAQ:LSCC) – Stock analysts at Dougherty & Co issued their Q1 2019 EPS estimates for shares of Lattice Semiconductor in a research report issued on Wednesday, February 13th. Dougherty & Co analyst C. Anderson expects that the semiconductor company will post earnings per share of $0.07 for the quarter. Dougherty & Co also issued estimates for Lattice Semiconductor’s FY2019 earnings at $0.29 EPS.
A number of other equities analysts have also recently issued reports on the company. ValuEngine raised Lattice Semiconductor from a “hold” rating to a “buy” rating in a report on Thursday, December 6th. BidaskClub cut Lattice Semiconductor from a “buy” rating to a “hold” rating in a report on Saturday, October 27th. Robert W. Baird raised Lattice Semiconductor from a “neutral” rating to an “outperform” rating in a report on Friday, December 14th. raised Lattice Semiconductor from a “neutral” rating to a “positive” rating and increased their target price for the stock from $8.00 to $11.00 in a report on Wednesday. Finally, Zacks Investment Research raised Lattice Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $9.78.
Shares of LSCC opened at $11.08 on Friday. Lattice Semiconductor has a 1 year low of $5.05 and a 1 year high of $11.59. The company has a quick ratio of 3.07, a current ratio of 4.00 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $1.44 billion, a PE ratio of 50.36, a P/E/G ratio of 2.88 and a beta of 1.35.
Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Tuesday, February 12th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.08. Lattice Semiconductor had a positive return on equity of 12.34% and a negative net margin of 6.60%. The business had revenue of $96.00 million during the quarter, compared to analysts’ expectations of $95.10 million. The firm’s revenue was up .7% on a year-over-year basis.
A number of hedge funds have recently added to or reduced their stakes in the stock. Legal & General Group Plc increased its holdings in Lattice Semiconductor by 4.3% during the 4th quarter. Legal & General Group Plc now owns 54,633 shares of the semiconductor company’s stock valued at $378,000 after purchasing an additional 2,259 shares in the last quarter. GSA Capital Partners LLP increased its holdings in Lattice Semiconductor by 26.2% during the 4th quarter. GSA Capital Partners LLP now owns 13,845 shares of the semiconductor company’s stock valued at $96,000 after purchasing an additional 2,872 shares in the last quarter. Prudential Financial Inc. increased its holdings in Lattice Semiconductor by 14.4% during the 4th quarter. Prudential Financial Inc. now owns 30,082 shares of the semiconductor company’s stock valued at $208,000 after purchasing an additional 3,781 shares in the last quarter. Pearl River Capital LLC acquired a new stake in Lattice Semiconductor during the 4th quarter valued at $27,000. Finally, Bank of New York Mellon Corp increased its holdings in Lattice Semiconductor by 1.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 496,871 shares of the semiconductor company’s stock valued at $3,975,000 after purchasing an additional 8,920 shares in the last quarter. 92.54% of the stock is owned by hedge funds and other institutional investors.
In other Lattice Semiconductor news, VP Esam Elashmawi purchased 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 26th. The stock was purchased at an average cost of $5.66 per share, with a total value of $113,200.00. Following the acquisition, the vice president now directly owns 20,000 shares of the company’s stock, valued at approximately $113,200. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO James Robert Anderson purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 21st. The shares were acquired at an average cost of $5.67 per share, with a total value of $56,700.00. Following the completion of the acquisition, the chief executive officer now directly owns 10,000 shares in the company, valued at $56,700. The disclosure for this purchase can be found here. Company insiders own 2.83% of the company’s stock.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor devices in Asia, Europe, and the Americas. The company offers programmable logic devices that consist of five product family lines, such as the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.