Lattice Semiconductor Corporatio (NASDAQ: LSCC) has reported E.P.S. of $0.11 for its first fiscal quarter (ending March 31) versus $0.41 for the same period a year ago — a decline of -73%. This result fell short of the consensus estimate of $0.40 by $-0.29. For the latest four quarters through March 31, E.P.S. were $1.59 compared to $1.45 a year ago — an increase of 10%.
Recent Price Action
Lattice Semiconductor Corporatio (NASDAQ: LSCC) stock enjoyed a large increase of 4.0% on 4/29/24. The stock closed at $76.86. Moreover, unusually high trading volume at 181% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 15.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LSCC is expected to continue to be a major Value Builder.
Lattice Semiconductor has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lattice Semiconductor has a poor Power Rating of 17 and a very low Appreciation Score of 10, with the Lowest Value Trend Rating the result.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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