Wall Street brokerages expect Lattice Semiconductor Corporation (NASDAQ:LSCC) to report $94.53 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Lattice Semiconductor’s earnings. The lowest sales estimate is $94.50 million and the highest is $94.60 million. Lattice Semiconductor reported sales of $118.11 million in the same quarter last year, which would suggest a negative year over year growth rate of 20%. The business is scheduled to report its next earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Lattice Semiconductor will report full-year sales of $94.53 million for the current year, with estimates ranging from $385.20 million to $385.30 million. For the next year, analysts forecast that the firm will post sales of $418.40 million per share, with estimates ranging from $403.90 million to $427.50 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that that provide coverage for Lattice Semiconductor.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.05. The firm 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 period in the previous year, the business posted $0.05 EPS.

A number of equities research analysts have recently weighed in on LSCC shares. Zacks Investment Research lowered shares of Lattice Semiconductor from a “hold” rating to a “strong sell” rating in a report on Friday, October 20th. Jefferies Group lowered their price objective on shares of Lattice Semiconductor from $8.30 to $6.50 and set a “hold” rating for the company in a report on Thursday, September 14th. BidaskClub lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, December 2nd. ValuEngine downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Finally, Craig Hallum reaffirmed a “hold” rating and issued a $6.00 target price (down from $8.30) on shares of Lattice Semiconductor in a research note on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Lattice Semiconductor currently has an average rating of “Hold” and an average target price of $7.00.

Several hedge funds and other institutional investors have recently modified their holdings of LSCC. Amalgamated Bank increased its stake in shares of Lattice Semiconductor by 7.5% in the second quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after buying an additional 1,102 shares during the period. Jane Street Group LLC purchased a new position in shares of Lattice Semiconductor in the third quarter worth $107,000. BNP Paribas Arbitrage SA increased its stake in shares of Lattice Semiconductor by 723.3% in the second quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock worth $137,000 after buying an additional 18,105 shares during the period. FNY Partners Fund LP increased its stake in shares of Lattice Semiconductor by 100.8% in the second quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock worth $172,000 after buying an additional 13,000 shares during the period. Finally, Bluefin Trading LLC purchased a new position in shares of Lattice Semiconductor in the second quarter worth $176,000. 85.49% of the stock is currently owned by institutional investors.

Shares of Lattice Semiconductor (LSCC) traded down $0.04 on Wednesday, hitting $6.00. 537,600 shares of the stock were exchanged, compared to its average volume of 667,286. The company has a market cap of $747.60, a price-to-earnings ratio of -10.34, a price-to-earnings-growth ratio of 1.13 and a beta of 1.57. The company has a current ratio of 2.20, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. Lattice Semiconductor has a 1 year low of $5.05 and a 1 year high of $7.55.

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Lattice Semiconductor Company Profile

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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