Lattice Semiconductor (NASDAQ:LSCC) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts have also recently issued reports on LSCC. Zacks Investment Research cut shares of Lattice Semiconductor from a “hold” rating to a “strong sell” rating in a research note on Friday, October 20th. Jefferies Group lowered their target price on shares of Lattice Semiconductor from $8.30 to $6.50 and set a “hold” rating on the stock in a research note on Thursday, September 14th. Craig Hallum reaffirmed a “hold” rating and set a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor in a research note on Thursday, September 14th. ValuEngine cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $8.00 target price on shares of Lattice Semiconductor in a research note on Sunday, September 17th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $7.00.

Shares of Lattice Semiconductor (NASDAQ:LSCC) traded down $0.02 during midday trading on Friday, reaching $5.85. 811,852 shares of the company traded hands, compared to its average volume of 1,170,000. The stock has a market cap of $719.23, a price-to-earnings ratio of 65.22, a PEG ratio of 6.29 and a beta of 1.58. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 2.20. Lattice Semiconductor has a 12 month low of $5.05 and a 12 month high of $7.55.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.05. The company had revenue of $91.97 million during the quarter, compared to analyst estimates of $92.00 million. Lattice Semiconductor had a negative net margin of 17.49% and a positive return on equity of 4.39%. During the same quarter in the previous year, the firm earned $0.05 EPS. research analysts predict that Lattice Semiconductor will post 0.05 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in LSCC. Teachers Advisors LLC boosted its stake in Lattice Semiconductor by 1.7% during the 1st quarter. Teachers Advisors LLC now owns 202,251 shares of the semiconductor company’s stock worth $1,400,000 after purchasing an additional 3,435 shares during the last quarter. Vanguard Group Inc. boosted its stake in Lattice Semiconductor by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 9,748,241 shares of the semiconductor company’s stock worth $67,458,000 after purchasing an additional 468,555 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Lattice Semiconductor by 6.5% during the 1st quarter. Geode Capital Management LLC now owns 982,777 shares of the semiconductor company’s stock valued at $6,800,000 after acquiring an additional 59,689 shares during the last quarter. Morgan Stanley boosted its position in shares of Lattice Semiconductor by 33.2% during the 1st quarter. Morgan Stanley now owns 911,219 shares of the semiconductor company’s stock valued at $6,306,000 after acquiring an additional 227,261 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Lattice Semiconductor by 5.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 491,748 shares of the semiconductor company’s stock valued at $3,403,000 after acquiring an additional 25,920 shares during the last quarter. 85.71% of the stock is currently owned by institutional investors.

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About Lattice Semiconductor

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

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