Semtech Corp (NASDAQ: SMTC) has reported E.P.S. of $-2.61 for its second fiscal quarter (ending July 31) versus $-5.97 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $-13.56 compared to $-6.87 a year ago.
Recent Price Action
On 8/27/24, Semtech Corp (NASDAQ: SMTC) stock enjoyed a large increase of 3.1%, closing at $38.16. Moreover, this advance was accompanied by unusually high trading volume at 159% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.0% 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.
Be the first to comment