Equities analysts expect that Lattice Semiconductor Corporation (NASDAQ:LSCC) will report earnings per share of $0.03 for the current quarter, Zacks reports. Three analysts have made estimates for Lattice Semiconductor’s earnings. The highest EPS estimate is $0.04 and the lowest is $0.02. Lattice Semiconductor posted earnings of $0.10 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 70%. The firm is expected to report its next quarterly earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Lattice Semiconductor will report full year earnings of $0.14 per share for the current financial year, with EPS estimates ranging from $0.13 to $0.16. For the next year, analysts anticipate that the firm will report earnings of $0.38 per share, with EPS estimates ranging from $0.30 to $0.44. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Lattice Semiconductor.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. The business had revenue of $91.97 million for the quarter, compared to the consensus estimate 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 in the prior year, the firm posted $0.05 earnings per share.

LSCC has been the topic of a number of recent analyst reports. Jefferies Group reaffirmed a “buy” rating and set a $7.00 price target on shares of Lattice Semiconductor in a research report on Friday, November 10th. Robert W. Baird reaffirmed a “hold” rating and set a $8.00 price target on shares of Lattice Semiconductor in a research report on Sunday, September 17th. Craig Hallum reaffirmed a “hold” rating and set a $6.00 price target (down from $8.30) on shares of Lattice Semiconductor in a research report on Thursday, September 14th. Zacks Investment Research raised Lattice Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Finally, BidaskClub downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $7.00.

Shares of Lattice Semiconductor (NASDAQ:LSCC) traded down $0.06 during mid-day trading on Monday, hitting $5.79. The stock had a trading volume of 737,769 shares, compared to its average volume of 831,055. The firm has a market capitalization of $721.69, a P/E ratio of 65.00, a PEG ratio of 6.27 and a beta of 1.57. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 2.20. Lattice Semiconductor has a 1-year low of $5.05 and a 1-year high of $7.55.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Amalgamated Bank grew its holdings in shares of Lattice Semiconductor by 7.5% during the second quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock valued at $105,000 after buying an additional 1,102 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Lattice Semiconductor by 2.7% during the second quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 1,148 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Lattice Semiconductor by 3.3% during the second quarter. The Manufacturers Life Insurance Company now owns 96,271 shares of the semiconductor company’s stock valued at $641,000 after buying an additional 3,086 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Lattice Semiconductor by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 498,295 shares of the semiconductor company’s stock valued at $3,317,000 after buying an additional 3,316 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY grew its holdings in shares of Lattice Semiconductor by 4.2% during the first quarter. Metropolitan Life Insurance Co. NY now owns 81,810 shares of the semiconductor company’s stock valued at $566,000 after buying an additional 3,323 shares during the last quarter. 85.71% of the stock is currently owned by hedge funds and other 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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Earnings History and Estimates for Lattice Semiconductor (NASDAQ:LSCC)

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