Lattice Semiconductor Corp. Hits New 52-Week High at $6.77 (LSCC)
Lattice Semiconductor Corp. (NASDAQ:LSCC)’s share price reached a new 52-week high on Friday, Stock Ratings News reports. The company traded as high as $6.77 and last traded at $6.67, with a volume of 7,648,048 shares traded. The stock had previously closed at $5.94.
A number of research firms have recently commented on LSCC. Analysts at Jefferies Group raised their price target on shares of Lattice Semiconductor Corp. from $6.50 to $7.00 in a research note to investors on Friday. Separately, analysts at Robert W. Baird raised their price target on shares of Lattice Semiconductor Corp. from $6.00 to $8.00 in a research note to investors on Friday. Finally, analysts at Mizuho raised their price target on shares of Lattice Semiconductor Corp. from $6.00 to $7.50 in a research note to investors on Friday. They now have a “buy” rating on the stock.
Lattice Semiconductor Corp. has a 52 week low of $4.17 and a 52 week high of $6.07. The stock has a 50-day moving average of $5.63 and a 200-day moving average of $5.17. The company has a market cap of $780.1 million and a P/E ratio of 83.66.
Lattice Semiconductor Corp. (NASDAQ:LSCC) last announced its earnings results on Thursday, February 6th. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.02. The company had revenue of $89.50 million for the quarter, compared to the consensus estimate of $81.05 million. During the same quarter last year, the company posted ($0.06) earnings per share. Lattice Semiconductor Corp.’s revenue was up 35.9% compared to the same quarter last year. On average, analysts predict that Lattice Semiconductor Corp. will post $0.25 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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