Lattice Semiconductor (NASDAQ:LSCC) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

A number of other equities research analysts have also recently commented on LSCC. Craig Hallum reissued a “hold” rating and set a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor in a research report on Thursday, September 14th. Jefferies Group decreased their price target on shares of Lattice Semiconductor from $8.30 to $6.50 and set a “hold” rating for the company in a report on Thursday, September 14th. Robert W. Baird reaffirmed a “hold” rating and issued a $8.00 price target on shares of Lattice Semiconductor in a report on Sunday, September 17th. ValuEngine cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Monday, September 18th. Finally, Zacks Investment Research cut shares of Lattice Semiconductor from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 19th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Lattice Semiconductor presently has an average rating of “Hold” and a consensus price target of $7.00.

Lattice Semiconductor (NASDAQ:LSCC) traded down $0.02 during trading hours on Friday, reaching $5.85. 811,852 shares of the company were exchanged, compared to its average volume of 1,170,000. Lattice Semiconductor has a 12 month low of $5.05 and a 12 month high of $7.55. 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 stock has a market capitalization of $719.23, a PE ratio of 65.22, a price-to-earnings-growth ratio of 6.29 and a beta of 1.58.

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

Several hedge funds and other institutional investors have recently bought and sold shares of LSCC. Teachers Advisors LLC raised its holdings in shares of Lattice Semiconductor by 1.7% in the first quarter. Teachers Advisors LLC now owns 202,251 shares of the semiconductor company’s stock worth $1,400,000 after buying an additional 3,435 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Lattice Semiconductor by 5.0% in the first quarter. Vanguard Group Inc. now owns 9,748,241 shares of the semiconductor company’s stock worth $67,458,000 after buying an additional 468,555 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Lattice Semiconductor by 6.5% in the first quarter. Geode Capital Management LLC now owns 982,777 shares of the semiconductor company’s stock worth $6,800,000 after buying an additional 59,689 shares during the last quarter. Morgan Stanley raised its holdings in shares of Lattice Semiconductor by 33.2% in the first quarter. Morgan Stanley now owns 911,219 shares of the semiconductor company’s stock worth $6,306,000 after buying an additional 227,261 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Lattice Semiconductor by 5.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 491,748 shares of the semiconductor company’s stock worth $3,403,000 after buying an additional 25,920 shares during the last quarter. 85.71% of the stock is owned by institutional investors and hedge funds.

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Lattice Semiconductor Company Profile

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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