Semtech Corp (NASDAQ: SMTC) has reported a loss for its fourth fiscal quarter (ending January 31) of $-9.98 versus a loss $-0.80 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $-17.03 compared to $0.96 a year ago.
Recent Price Action
Semtech Corp (NASDAQ: SMTC) stock closed at $27.49 on 3/28/24 after a modest decline of -1.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 415% of normal. The stock has risen 22.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SMTC is expected to continue to be a modest Value Builder.
Semtech has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Semtech has a slightly negative Appreciation Score of 33 and a slightly negative Power Rating of 31, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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