Q1 2021 Earnings Forecast for Lattice Semiconductor Corp (NASDAQ:LSCC) Issued By Jefferies Financial Group

Lattice Semiconductor Corp (NASDAQ:LSCC) – Jefferies Financial Group issued their Q1 2021 EPS estimates for Lattice Semiconductor in a research note issued to investors on Tuesday, February 11th. Jefferies Financial Group analyst M. Lipacis expects that the semiconductor company will post earnings of $0.16 per share for the quarter. Jefferies Financial Group also issued estimates for Lattice Semiconductor’s Q2 2021 earnings at $0.17 EPS, Q3 2021 earnings at $0.19 EPS and Q4 2021 earnings at $0.19 EPS.

A number of other equities analysts also recently weighed in on the company. Rosenblatt Securities reiterated a “buy” rating and issued a $24.00 target price on shares of Lattice Semiconductor in a report on Wednesday, December 11th. BidaskClub upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a report on Thursday. William Blair started coverage on Lattice Semiconductor in a report on Tuesday, December 3rd. They issued an “outperform” rating on the stock. Susquehanna Bancshares reiterated a “buy” rating and issued a $25.00 target price on shares of Lattice Semiconductor in a report on Wednesday. Finally, Cowen upped their target price on Lattice Semiconductor from $23.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Lattice Semiconductor presently has an average rating of “Buy” and a consensus price target of $22.50.

Shares of LSCC opened at $20.77 on Friday. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 129.82, a P/E/G ratio of 2.58 and a beta of 1.35. Lattice Semiconductor has a fifty-two week low of $10.80 and a fifty-two week high of $24.20. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.94 and a quick ratio of 2.20. The business’s 50-day moving average is $20.44 and its 200-day moving average is $19.55.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Tuesday, February 11th. The semiconductor company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $100.24 million for the quarter, compared to the consensus estimate of $100.07 million. Lattice Semiconductor had a return on equity of 18.64% and a net margin of 5.60%.

A number of large investors have recently added to or reduced their stakes in LSCC. Victory Capital Management Inc. increased its holdings in Lattice Semiconductor by 180.4% in the fourth quarter. Victory Capital Management Inc. now owns 2,760,315 shares of the semiconductor company’s stock worth $51,342,000 after buying an additional 1,775,793 shares during the last quarter. Eagle Asset Management Inc. increased its holdings in Lattice Semiconductor by 77.3% in the fourth quarter. Eagle Asset Management Inc. now owns 1,256,917 shares of the semiconductor company’s stock worth $24,057,000 after buying an additional 547,944 shares during the last quarter. Columbus Circle Investors increased its holdings in Lattice Semiconductor by 595.3% in the third quarter. Columbus Circle Investors now owns 573,727 shares of the semiconductor company’s stock worth $10,491,000 after buying an additional 491,212 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Lattice Semiconductor by 33.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,828,979 shares of the semiconductor company’s stock worth $35,006,000 after buying an additional 455,267 shares during the last quarter. Finally, KBC Group NV increased its holdings in Lattice Semiconductor by 104.0% in the fourth quarter. KBC Group NV now owns 694,111 shares of the semiconductor company’s stock worth $13,286,000 after buying an additional 353,914 shares during the last quarter. Hedge funds and other institutional investors own 95.39% of the company’s stock.

In related news, VP Stephen Douglass sold 4,455 shares of the stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $19.06, for a total value of $84,912.30. Following the transaction, the vice president now owns 41,058 shares in the company, valued at $782,565.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Byron Wayne Milstead sold 3,120 shares of the stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $22.75, for a total value of $70,980.00. Following the completion of the transaction, the vice president now owns 14,975 shares in the company, valued at approximately $340,681.25. The disclosure for this sale can be found here. Insiders sold 11,575 shares of company stock worth $234,972 in the last 90 days. 0.78% of the stock is currently owned by corporate insiders.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.

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Earnings History and Estimates for Lattice Semiconductor (NASDAQ:LSCC)

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