BidaskClub upgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a sell rating to a hold rating in a research note released on Friday morning.

A number of other equities analysts have also recently weighed in on LSCC. Zacks Investment Research raised Lattice Semiconductor from a strong sell rating to a hold rating in a report on Wednesday, October 11th. Jefferies Group raised Lattice Semiconductor from a hold rating to a buy rating and set a $7.00 price objective on the stock in a report on Wednesday, October 18th. Finally, ValuEngine cut Lattice Semiconductor from a hold rating to a sell rating in a report on Sunday, December 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of $7.00.

Shares of Lattice Semiconductor (LSCC) opened at $6.43 on Friday. Lattice Semiconductor has a 1-year low of $5.05 and a 1-year high of $7.55. The firm has a market capitalization of $793.24, a PE ratio of -11.09, a price-to-earnings-growth ratio of 1.22 and a beta of 1.57. The company has a quick ratio of 1.60, a current ratio of 2.20 and a debt-to-equity ratio of 1.28.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Teachers Advisors LLC raised its holdings in shares of Lattice Semiconductor by 13.2% during the 2nd quarter. Teachers Advisors LLC now owns 228,938 shares of the semiconductor company’s stock valued at $1,525,000 after buying an additional 26,687 shares in the last quarter. CNH Partners LLC raised its holdings in shares of Lattice Semiconductor by 33.8% during the 2nd quarter. CNH Partners LLC now owns 3,813,337 shares of the semiconductor company’s stock valued at $25,397,000 after buying an additional 963,375 shares in the last quarter. Boston Advisors LLC grew its position in Lattice Semiconductor by 30.5% during the 3rd quarter. Boston Advisors LLC now owns 90,865 shares of the semiconductor company’s stock worth $473,000 after acquiring an additional 21,240 shares during the last quarter. Public Sector Pension investment Board bought a new position in Lattice Semiconductor during the 2nd quarter worth approximately $3,361,000. Finally, BlueCrest Capital Management Ltd grew its position in Lattice Semiconductor by 119.1% during the 2nd quarter. BlueCrest Capital Management Ltd now owns 130,667 shares of the semiconductor company’s stock worth $870,000 after acquiring an additional 71,035 shares during the last quarter. 85.49% of the stock is currently owned by institutional investors.

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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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