Lattice Semiconductor (NASDAQ:LSCC) issued its quarterly earnings results on Tuesday. The semiconductor company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02), Bloomberg Earnings reports. Lattice Semiconductor had a positive return on equity of 4.39% and a negative net margin of 17.49%. During the same quarter in the previous year, the firm posted $0.10 EPS.
Lattice Semiconductor (NASDAQ LSCC) traded down $0.10 on Tuesday, hitting $5.91. 1,020,852 shares of the company were exchanged, compared to its average volume of 1,469,882. 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 52 week low of $5.05 and a 52 week high of $7.55. The stock has a market cap of $729.09, a PE ratio of -10.19, a price-to-earnings-growth ratio of 1.11 and a beta of 1.58.
Several brokerages have recently weighed in on LSCC. Zacks Investment Research upgraded shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. ValuEngine cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Thursday, February 8th. BidaskClub upgraded shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, January 19th. Finally, Jefferies Group upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a research note on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $7.00.
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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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