Rosenblatt raised the price target for the Lattice Semiconductor Corporation (NASDAQ:LSCC) stock to “a Buy”. The rating was released on November 03, 2021. We previously noted in another research note published on November 03, 2021 by KeyBanc Capital Markets that reiterated the stock to an Overweight with a price target of $80 for LSCC stock. The research report from Craig Hallum has reiterated the stock to Hold, with a price target set at $60. The stock was resumed by The Benchmark Company, who disclosed in a research note on August 04, 2021, to Buy and set the price objective to $66.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Lattice Semiconductor Corporation (NASDAQ:LSCC) raised 0.79% to close Friday’s market session at $64.14, higher as compared to yesterday’s close. The stock price fluctuated between $62.1655 and $64.54 throughout the trading session with the volume trading being 940448 shares, which represented a significant variation when compared to the three months average volume of 967.26K shares. The firm’s stock price fluctuated -6.79% within the last five trades and -16.92% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 27.16% in the last 6 months and -2.95% was subtracted to its value over the previous 3 months. LSCC stock is trading at a margin of -11.87%, -16.41% and 3.54% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, LSCC deals in the Technology domain. The stock is trading -24.94 percent below its 52-week high and 71.59 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 36.66. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Lattice Semiconductor Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 18.40 percent and the profit margin is 17.30 percent, and the company has reported a gross margin of 61.50 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $9.06 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Lattice Semiconductor Corporation (NASDAQ:LSCC) is 109.08. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 53.14. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 18.85 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 22.27, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
NELSON MARK JON, the VP Corp, Sales at Lattice Semiconductor Corporation (LSCC) has sold 59,769 shares of firm on Jan 08 at a price of $68.81 against the total amount of $4.11 million. In another inside trade, Jensen Mark Edwin, Director of Lattice Semiconductor Corporation (NASDAQ:LSCC) sold 9,000 shares of the firm on Jan 03 for a total worth of $0.7 million at a price of $77.85. An inside trade which took place on Jan 02, VP Corp, CFO of Lattice Semiconductor Corporation Luther Sherri R sold 3,183 shares of firm against total price of $0.25 million at the cost of $77.06 per share.