Susquehanna initiated coverage on shares of Lattice Semiconductor Corp. (NASDAQ:LSCC) in a report published on Tuesday morning. The brokerage issued a positive rating on the stock.

Analyst Recommendations for Lattice Semiconductor Corp. (NASDAQ:LSCC)

Other equities analysts have also recently issued research reports about the stock. Robert W. Baird restated an outperform rating and set a $8.00 target price on shares of Lattice Semiconductor Corp. in a research note on Thursday, August 11th. Zacks Investment Research cut shares of Lattice Semiconductor Corp. from a hold rating to a sell rating in a research note on Tuesday, August 16th. Finally, Jefferies Group increased their price objective on shares of Lattice Semiconductor Corp. from $6.50 to $6.75 and gave the stock a buy rating in a research note on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $7.00.

Lattice Semiconductor Corp. (NASDAQ:LSCC) opened at 6.51 on Tuesday. The stock’s market cap is $783.50 million. The firm has a 50-day moving average of $6.13 and a 200-day moving average of $5.81. Lattice Semiconductor Corp. has a 1-year low of $3.57 and a 1-year high of $7.07.

Lattice Semiconductor Corp. (NASDAQ:LSCC) last posted its earnings results on Tuesday, August 9th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.12. The company had revenue of $99.20 million for the quarter, compared to the consensus estimate of $100.07 million. Lattice Semiconductor Corp. had a negative net margin of 25.54% and a negative return on equity of 9.12%. Lattice Semiconductor Corp.’s revenue was down 6.9% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.07) EPS. Analysts expect that Lattice Semiconductor Corp. will post $0.19 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in LSCC. Pacad Investment Ltd. purchased a new stake in Lattice Semiconductor Corp. during the first quarter worth approximately $222,000. Blue Rock Advisors LLC bought a new stake in shares of Lattice Semiconductor Corp. during the first quarter worth about $129,000. Menta Capital LLC bought a new stake in shares of Lattice Semiconductor Corp. during the first quarter worth about $170,000. NWQ Investment Management Company LLC raised its stake in shares of Lattice Semiconductor Corp. by 5.5% in the first quarter. NWQ Investment Management Company LLC now owns 13,955,482 shares of the company’s stock worth $79,267,000 after buying an additional 721,805 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Lattice Semiconductor Corp. by 2.0% in the first quarter. Geode Capital Management LLC now owns 808,365 shares of the company’s stock worth $4,591,000 after buying an additional 15,930 shares during the period. Institutional investors own 78.03% of the company’s stock.

Lattice Semiconductor Corp. Company Profile

Lattice Semiconductor Corporation is engaged in providing connectivity solutions. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property and semiconductor devices, and Qterics, a software-as-a-service business unit in the Lattice legal entity structure.

5 Day Chart for NASDAQ:LSCC

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