Equities analysts forecast that Lattice Semiconductor Corp (NASDAQ:LSCC) will report earnings per share (EPS) of $0.08 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Lattice Semiconductor’s earnings. Lattice Semiconductor reported earnings per share of $0.01 during the same quarter last year, which would suggest a positive year-over-year growth rate of 700%. The company is expected to report its next quarterly earnings report on Tuesday, February 12th.

On average, analysts expect that Lattice Semiconductor will report full-year earnings of $0.33 per share for the current year, with EPS estimates ranging from $0.33 to $0.34. For the next year, analysts anticipate that the business will report earnings of $0.39 per share, with EPS estimates ranging from $0.35 to $0.45. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow Lattice Semiconductor.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Thursday, October 25th. The semiconductor company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The company had revenue of $101.48 million during the quarter, compared to analysts’ expectations of $101.50 million. Lattice Semiconductor had a positive return on equity of 8.68% and a negative net margin of 6.64%.

Several brokerages recently commented on LSCC. Zacks Investment Research cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Friday, December 28th. BidaskClub cut Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 11th. ValuEngine raised Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Thursday, December 6th. Craig Hallum set a $9.00 price target on Lattice Semiconductor and gave the company a “hold” rating in a research report on Wednesday, October 3rd. Finally, Robert W. Baird raised Lattice Semiconductor from a “neutral” rating to an “outperform” rating in a research report on Friday, December 14th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Lattice Semiconductor has an average rating of “Buy” and an average price target of $8.69.

LSCC stock opened at $7.40 on Friday. The company has a quick ratio of 3.07, a current ratio of 4.00 and a debt-to-equity ratio of 1.00. The stock has a market cap of $945.53 million, a PE ratio of 48.67, a PEG ratio of 1.98 and a beta of 1.25. Lattice Semiconductor has a fifty-two week low of $5.05 and a fifty-two week high of $8.90.

In other Lattice Semiconductor news, VP Esam Elashmawi acquired 20,000 shares of the company’s stock in a transaction on Monday, November 26th. The shares were purchased at an average price of $5.66 per share, for a total transaction of $113,200.00. Following the completion of the purchase, the vice president now directly owns 20,000 shares of the company’s stock, valued at $113,200. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Byron Wayne Milstead sold 9,910 shares of the company’s stock in a transaction that occurred on Wednesday, November 14th. The shares were sold at an average price of $5.81, for a total value of $57,577.10. Following the completion of the sale, the vice president now owns 23,063 shares in the company, valued at approximately $133,996.03. The disclosure for this sale can be found here. 2.83% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc raised its stake in Lattice Semiconductor by 8.7% in the third quarter. Vanguard Group Inc now owns 11,291,967 shares of the semiconductor company’s stock valued at $90,335,000 after buying an additional 899,669 shares during the period. Vanguard Group Inc. increased its stake in shares of Lattice Semiconductor by 8.7% during the third quarter. Vanguard Group Inc. now owns 11,291,967 shares of the semiconductor company’s stock worth $90,335,000 after purchasing an additional 899,669 shares during the period. TIAA CREF Investment Management LLC increased its stake in shares of Lattice Semiconductor by 30.5% during the third quarter. TIAA CREF Investment Management LLC now owns 1,414,311 shares of the semiconductor company’s stock worth $11,314,000 after purchasing an additional 330,310 shares during the period. Teachers Advisors LLC increased its stake in shares of Lattice Semiconductor by 88.1% during the third quarter. Teachers Advisors LLC now owns 433,844 shares of the semiconductor company’s stock worth $3,471,000 after purchasing an additional 203,253 shares during the period. Finally, Mackenzie Financial Corp increased its stake in shares of Lattice Semiconductor by 11.5% during the third quarter. Mackenzie Financial Corp now owns 439,304 shares of the semiconductor company’s stock worth $3,514,000 after purchasing an additional 45,400 shares during the period. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Lattice Semiconductor Company Profile

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

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