Lattice Semiconductor Corporation (NASDAQ:LSCC) Relative Strength Index (RSI) is 49.27, with weekly volatility at 3.40% and ATR at 1.86. The LSCC stock’s 52-week price range has touched low of $26.14 and a $58.38 high. Intraday shares traded counted 3.14 million, which was -80.62% lower than its 30-day average trading volume of 1.74M. Its shares traded lower over the last trading session, losing -1.49% on 06/18/21. The shares fell to a low of $49.425 before closing at $50.75. LSCC’s previous close was $51.52 while the outstanding shares total 136.40M. The firm has a beta of 1.05, a 12-month trailing P/E ratio of 123.78, and a growth ratio of 8.25.
Investors have identified the Semiconductors company Lattice Semiconductor 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 $7.03 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.
Lattice Semiconductor Corporation (LSCC) 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. For LSCC, the company has in raw cash 185.27 million on their books with 17.14 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 336.88 million total, with 80.68 million as their total liabilities.
LSCC were able to record 28.1 million as free cash flow during the 08/10/2021 quarter of the year, this saw their quarterly net cash flow reduce by 2.94 million. In cash movements, the company had a total of 29.37 million as operating cash flow.
Potential earnings growth for Lattice Semiconductor Corporation (LSCC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/10/2021 quarter of the year, Lattice Semiconductor Corporation recorded a total of 115.72 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 15.9% coming in sequential stages and their sales for the 08/10/2021 quarter increasing by 7.38%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 45.13 million trying to sell their products during the last quarter, with the result yielding a gross income of 70.59 million. This allows shareholders to hold on to 136.40M with the recently reported earning now reading 0.14 cents per share. This is a figure that compared to analyst’s prediction for their 08/10/2021 (0.14 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.81 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 LSCC sounds very interesting.
Is the stock of LSCC attractive?
In related news, President & CEO, ANDERSON JAMES ROBERT sold 11,027 shares of the company’s stock in a transaction that recorded on Jun 07. The sale was performed at an average price of 52.41, for a total value of 577,925. As the sale deal closes, the VP Corp, R&D, Douglass Stephen now sold 2,495 shares of the company’s stock, valued at 130,837. Also, President & CEO, ANDERSON JAMES ROBERT sold 16,525 shares of the company’s stock in a deal that was recorded on Jun 04. The shares were price at an average price of 53.15 per share, with a total market value of 878,304. Following this completion of acquisition, the VP Corp, General Counsel, Milstead Byron Wayne now holds 902 shares of the company’s stock, valued at 47,941. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.00%.
6 out of 11 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Lattice Semiconductor Corporation. 0 analysts has assigned a Sell rating on the LSCC stock. The 12-month mean consensus price target for the company’s shares has been set at $53.70.