Lattice Semiconductor Corp. Reaches New 12-Month High at $5.78 (LSCC)
Lattice Semiconductor Corp. (NASDAQ:LSCC)’s share price reached a new 52-week high during trading hours on Monday, American Banking News.com reports. The company traded as high as $5.78 and last traded at $5.62, with a volume of 1,148,149 shares traded. The stock had previously closed at $5.65.
Several analysts have recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Lattice Semiconductor Corp. from $5.50 to $6.50 in a research note to investors on Friday. Three analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of $5.90.
Lattice Semiconductor Corp. has a 1-year low of $3.89 and a 1-year high of $5.77. The stock’s 50-day moving average is $5.47 and its 200-day moving average is $5.07. The company has a market cap of $645.7 million and a P/E ratio of 79.58.
Lattice Semiconductor Corp. (NASDAQ:LSCC) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.05 by $0.02. The company had revenue of $87.20 million for the quarter, compared to the consensus estimate of $84.76 million. The company’s quarterly revenue was up 23.0% on a year-over-year basis. On average, analysts predict that Lattice Semiconductor Corp. will post $0.17 earnings per share for the current fiscal year.
Lattice Semiconductor Corporation (NASDAQ:LSCC) designs, develops and markets programmable logic products and related software.
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