Semtech Corporation (NASDAQ:SMTC) previous close was $77.45 while the outstanding shares total 65.14M. The firm has a beta of 1.72, a 12-month trailing P/E ratio of 126.69, and a growth ratio of 6.33. SMTC’s shares traded lower over the last trading session, losing -1.20% on 02/18/21. The shares fell to a low of $75.19 before closing at $76.52. Intraday shares traded counted 0.17 million, which was 56.89% higher than its 30-day average trading volume of 384.90K. The stock’s Relative Strength Index (RSI) is 52.62, with weekly volatility at 3.07% and ATR at 2.76. The SMTC stock’s 52-week price range has touched low of $26.03 and a $83.94 high.
Investors have identified the Semiconductors company Semtech Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.84 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Semtech Corporation (SMTC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 447.75 million total, with 105.87 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.44 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SMTC sounds very interesting.
Is the stock of SMTC attractive?
In related news, EVP and CFO, CHUKWU EMEKA sold 3,000 shares of the company’s stock in a transaction that recorded on Feb 17. The sale was performed at an average price of 76.75, for a total value of 230,243. As the sale deal closes, the EVP and CFO, CHUKWU EMEKA now sold 3,000 shares of the company’s stock, valued at 214,268. Also, EVP and CFO, CHUKWU EMEKA sold 3,000 shares of the company’s stock in a deal that was recorded on Jan 20. The shares were price at an average price of 81.17 per share, with a total market value of 243,519. Following this completion of acquisition, the EVP and CFO, CHUKWU EMEKA now holds 3,000 shares of the company’s stock, valued at 220,249. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.
9 out of 12 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Semtech Corporation. 0 analysts has assigned a Sell rating on the SMTC stock. The 12-month mean consensus price target for the company’s shares has been set at $76.75.