Equities research analysts forecast that Lattice Semiconductor Corp (NASDAQ:LSCC) will announce $0.15 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Lattice Semiconductor’s earnings. The lowest EPS estimate is $0.14 and the highest is $0.16. Lattice Semiconductor reported earnings of $0.08 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 87.5%. The company is expected to report its next quarterly earnings report on Tuesday, February 11th.

According to Zacks, analysts expect that Lattice Semiconductor will report full year earnings of $0.58 per share for the current financial year, with EPS estimates ranging from $0.57 to $0.59. For the next year, analysts expect that the firm will report earnings of $0.70 per share, with EPS estimates ranging from $0.68 to $0.72. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Lattice Semiconductor.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, October 29th. The semiconductor company reported $0.17 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.02. The firm had revenue of $103.47 million for the quarter, compared to analyst estimates of $103.06 million. Lattice Semiconductor had a net margin of 5.60% and a return on equity of 18.64%. Lattice Semiconductor’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the company posted $0.11 EPS.

A number of research analysts recently weighed in on LSCC shares. Zacks Investment Research raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Wednesday, October 30th. ValuEngine lowered shares of Lattice Semiconductor from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. BidaskClub lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Cowen raised their target price on shares of Lattice Semiconductor from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company. Lattice Semiconductor has an average rating of “Buy” and an average price target of $15.61.

In other news, VP Byron Wayne Milstead sold 11,149 shares of Lattice Semiconductor stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $19.45, for a total transaction of $216,848.05. Following the sale, the vice president now owns 21,327 shares of the company’s stock, valued at approximately $414,810.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark Edwin Jensen sold 4,000 shares of Lattice Semiconductor stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $19.85, for a total transaction of $79,400.00. Following the sale, the director now directly owns 81,697 shares in the company, valued at approximately $1,621,685.45. The disclosure for this sale can be found here. Insiders sold a total of 99,847 shares of company stock worth $1,939,991 over the last three months. Corporate insiders own 0.78% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Pitcairn Co. raised its position in shares of Lattice Semiconductor by 5.1% during the 2nd quarter. Pitcairn Co. now owns 22,073 shares of the semiconductor company’s stock valued at $322,000 after buying an additional 1,077 shares during the period. First Mercantile Trust Co. raised its position in shares of Lattice Semiconductor by 19.9% during the 3rd quarter. First Mercantile Trust Co. now owns 12,752 shares of the semiconductor company’s stock valued at $233,000 after buying an additional 2,118 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Lattice Semiconductor by 8.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,086 shares of the semiconductor company’s stock valued at $395,000 after buying an additional 2,180 shares during the period. California State Teachers Retirement System raised its position in shares of Lattice Semiconductor by 1.2% during the 3rd quarter. California State Teachers Retirement System now owns 194,335 shares of the semiconductor company’s stock valued at $3,553,000 after buying an additional 2,321 shares during the period. Finally, Aperio Group LLC increased its holdings in Lattice Semiconductor by 15.5% in the 2nd quarter. Aperio Group LLC now owns 19,214 shares of the semiconductor company’s stock valued at $280,000 after purchasing an additional 2,572 shares during the last quarter. 95.34% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor stock traded down $0.30 during midday trading on Wednesday, reaching $18.59. The company had a trading volume of 1,177,135 shares, compared to its average volume of 1,809,357. The company has a market capitalization of $2.52 billion, a P/E ratio of 84.50, a P/E/G ratio of 3.38 and a beta of 1.32. Lattice Semiconductor has a 12-month low of $5.93 and a 12-month high of $21.58. The firm’s fifty day simple moving average is $19.25 and its 200-day simple moving average is $17.35. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.94 and a quick ratio of 2.20.

Lattice Semiconductor Company Profile

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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