Lattice Semiconductor Corporation (LSCC): Holding Out For A Rebound

Wall Street analysts will be watching closely when Lattice Semiconductor Corporation (NASDAQ:LSCC) reports its quarterly earnings next, which is scheduled for Tue 12 Feb (In 30 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.09 per share. In the preceding quarter, the company reportedly generated EPS of $0.11 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of -0.50%, a profit margin of -6.60% and a gross margin of 54.30%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Lattice Semiconductor Corporation (NASDAQ:LSCC). Most recently, on December 14th, 2018, Robert W. Baird Upgrade a Outperform rating. Before that, on June 28th, 2018, Dougherty & Company Initiated to Buy. Jefferies Upgrade a Buy rating on October 18th, 2017, Robert W. Baird Downgrade an Neutral rating on November 3rd, 2016, and Susquehanna Initiated a Positive rating on September 20th, 2016.

At its current price point, combined with the fact that this company has 127.08M shares outstanding, the current market capitalization sits at 940.39M. In the last trading day, 1,166,601 shares of Lattice Semiconductor Corporation were traded, which compares to its usual volume of about 1.15M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.55 in the past five trading days, resulting in a percentage change of +8.03% and a moving average of 7.19. In the past 20 days, its price changed by $0.71 (which is +10.61%) and the stock’s moving average was 6.88. Looking back a full 50 days, shares of LSCC changed by $1.61 (which is +27.81%) and demonstrated a moving average of 6.36.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 93.73%, a 14-day Stochastic %K score of 96.18% and a 20-day Stochastic %K score of 96.30%. Using a similar metric, Lattice Semiconductor Corporation (LSCC) shares showed a Stochastic %D of 93.20% over the past 9 days, a Stochastic %D score of 93.70% over the last 14 days, and a 20-day Stochastic %D of 91.02%. Meanwhile, this stock’s MACD Oscillator was 0.27 over the past 9 days, 0.40 over the past two weeks, and 0.45 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $7.40 level. Over the past 12 months, this stock has experienced a high price of $8.90 and a low of $5.05. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

T Rowe Price Associates Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Lattice Semiconductor Corporation (NASDAQ:LSCC) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 16,323,258 shares of the company’s stock following the addition of 2,199,032 to this investor’s holdings during the three-month period. This share count represents that T Rowe Price Associates Inc now held 12.60% stake in Lattice Semiconductor Corporation (LSCC)’s shares.

Just in the most recent trading day, Lattice Semiconductor Corporation (NASDAQ:LSCC) experienced a high price of $7.43 and low point of $7.18. At the end of the last trading session, this stock was at 7.4 per share, following a loss of -$0.04, or 1.93% during the full day.