Lattice Semiconductor (LSCC) Set to Announce Earnings on Monday

Lattice Semiconductor (NASDAQ:LSCC) will be announcing its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.24 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Lattice Semiconductor Stock Performance

Shares of NASDAQ LSCC opened at $52.27 on Friday. The company has a market cap of $7.20 billion, a P/E ratio of 38.43 and a beta of 1.39. Lattice Semiconductor has a 52-week low of $40.65 and a 52-week high of $85.69. The firm’s fifty day moving average is $50.06 and its two-hundred day moving average is $57.61.

Wall Street Analysts Forecast Growth

LSCC has been the subject of a number of research reports. Susquehanna dropped their price target on Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating for the company in a research note on Tuesday, July 30th. Benchmark reissued a “buy” rating and issued a $60.00 target price on shares of Lattice Semiconductor in a report on Monday, September 16th. Raymond James upgraded shares of Lattice Semiconductor from a “market perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a research report on Thursday, August 8th. Stifel Nicolaus upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Tuesday, September 17th. Finally, Bank of America downgraded shares of Lattice Semiconductor from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $83.00 to $47.00 in a report on Tuesday, July 30th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.08.

Insider Transactions at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,232 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the transaction, the senior vice president now owns 14,919 shares in the company, valued at $730,732.62. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the sale, the senior vice president now owns 14,919 shares in the company, valued at $730,732.62. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Sherri R. Luther sold 20,632 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the completion of the sale, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at approximately $4,416,771.49. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.