Lattice Semiconductor Corporation (LSCC) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) from a sell rating to a hold rating in a research report released on Wednesday.

According to Zacks, “Lattice Semiconductor Corporation designs, develops and markets high performance programmable logic devices and related development system software. Programmable logic devices are standard smiconductor components that can be configured by the end customer as specific logic functions, enabling shorter design cycle times and reduced developpment costs. “

Other equities analysts have also issued reports about the stock. ValuEngine lowered shares of Lattice Semiconductor Corporation from a hold rating to a sell rating in a research report on Monday, September 18th. Jefferies Group LLC reiterated a buy rating and issued a $7.00 price objective on shares of Lattice Semiconductor Corporation in a research report on Friday, November 10th. Robert W. Baird restated a hold rating and set a $8.00 target price on shares of Lattice Semiconductor Corporation in a research report on Sunday, September 17th. BidaskClub lowered shares of Lattice Semiconductor Corporation from a sell rating to a strong sell rating in a research report on Saturday, August 12th. Finally, Craig Hallum restated a hold rating and set a $6.00 target price (down from $8.30) on shares of Lattice Semiconductor Corporation in a research report on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $7.00.

Lattice Semiconductor Corporation (NASDAQ:LSCC) opened at $6.28 on Wednesday. Lattice Semiconductor Corporation has a 1 year low of $5.05 and a 1 year high of $7.70. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.20 and a quick ratio of 1.60. The firm has a market cap of $774.74, a price-to-earnings ratio of 69.78, a P/E/G ratio of 7.85 and a beta of 1.58.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. Lattice Semiconductor Corporation had a negative net margin of 17.49% and a positive return on equity of 4.39%. The firm had revenue of $91.97 million for the quarter, compared to analyst estimates of $92.00 million. During the same period last year, the firm posted $0.05 EPS. equities analysts anticipate that Lattice Semiconductor Corporation will post 0.05 earnings per share for the current year.

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In other Lattice Semiconductor Corporation news, VP Byron Wayne Milstead sold 16,082 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $6.45, for a total transaction of $103,728.90. Following the sale, the vice president now directly owns 21,173 shares in the company, valued at approximately $136,565.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.79% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. Amalgamated Bank boosted its position in shares of Lattice Semiconductor Corporation by 7.5% during the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,102 shares in the last quarter. Quantitative Systematic Strategies LLC purchased a new stake in shares of Lattice Semiconductor Corporation during the 2nd quarter worth $107,000. Jane Street Group LLC purchased a new stake in shares of Lattice Semiconductor Corporation during the 3rd quarter worth $107,000. BNP Paribas Arbitrage SA boosted its position in shares of Lattice Semiconductor Corporation by 723.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock worth $137,000 after purchasing an additional 18,105 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Lattice Semiconductor Corporation by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock worth $159,000 after purchasing an additional 510 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

About Lattice Semiconductor Corporation

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

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