Lattice Semiconductor (NASDAQ:LSCC) Posts Quarterly Earnings Results, Misses Estimates By $0.14 EPS

Lattice Semiconductor (NASDAQ:LSCC) posted its quarterly earnings results on Monday. The semiconductor company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.14), Zacks reports. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. Lattice Semiconductor updated its Q1 2025 guidance to 0.200-0.240 EPS.

Lattice Semiconductor Trading Up 2.2 %

NASDAQ:LSCC opened at $54.47 on Tuesday. The stock has a 50 day moving average of $57.91 and a two-hundred day moving average of $52.98. Lattice Semiconductor has a 12 month low of $40.65 and a 12 month high of $85.69. The firm has a market cap of $7.52 billion, a P/E ratio of 52.88 and a beta of 1.41.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Stifel Nicolaus boosted their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft decreased their price target on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Needham & Company LLC lifted their target price on shares of Lattice Semiconductor from $56.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Raymond James lowered their price target on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Finally, KeyCorp lifted their price objective on shares of Lattice Semiconductor from $54.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and an average price target of $64.58.

Insider Activity

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $50.86, for a total value of $74,967.64. Following the completion of the sale, the senior vice president now owns 13,909 shares in the company, valued at approximately $707,411.74. This represents a 9.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Pravin Desale sold 1,096 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $62.54, for a total value of $68,543.84. Following the transaction, the senior vice president now owns 365 shares in the company, valued at approximately $22,827.10. This represents a 75.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,022 shares of company stock worth $596,502 over the last quarter. 1.80% of the stock is currently owned by corporate insiders.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.