Semtech Corp (NASDAQ: SMTC) has reported E.P.S. of $-0.36 for its first fiscal quarter (ending April 30) versus $-0.46 for the same period a year ago. E.P.S. were $-16.91 for the latest four quarters through April 30 versus $-0.09 for the same period a year ago.
Recent Price Action
On 6/5/24, Semtech Corp (NASDAQ: SMTC) stock enjoyed a large increase of 3.5%, closing at $38.68. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.6% during the last week.
Current PriceTarget Research Rating
SMTC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Semtech is currently unrated.
Rating Review
The stock is currently unrated.
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