Lattice Semiconductor Corporation (LSCC) Earns Buy Rating from Jefferies Group LLC

Jefferies Group LLC reiterated their buy rating on shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) in a research note released on Friday morning. Jefferies Group LLC currently has a $7.00 price objective on the semiconductor company’s stock.

Several other equities analysts have also recently issued reports on LSCC. Zacks Investment Research raised Lattice Semiconductor Corporation from a strong sell rating to a hold rating in a report on Wednesday, October 11th. BidaskClub cut Lattice Semiconductor Corporation from a sell rating to a strong sell rating in a report on Saturday, August 12th. Robert W. Baird reaffirmed a hold rating and set a $8.00 price objective on shares of Lattice Semiconductor Corporation in a report on Sunday, September 17th. ValuEngine cut Lattice Semiconductor Corporation from a hold rating to a sell rating in a report on Monday, September 18th. Finally, Craig Hallum reaffirmed a hold rating and set a $6.00 price objective (down from $8.30) on shares of Lattice Semiconductor Corporation in a report on Thursday, September 14th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $7.00.

Shares of Lattice Semiconductor Corporation (NASDAQ LSCC) opened at $6.45 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.20 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $795.71, a P/E ratio of 71.67 and a beta of 1.58. Lattice Semiconductor Corporation has a 1-year low of $5.05 and a 1-year high of $7.84.

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

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Institutional investors have recently added to or reduced their stakes in the business. Amalgamated Bank increased its position in Lattice Semiconductor Corporation by 7.5% during the second quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after buying an additional 1,102 shares in the last quarter. Quantitative Systematic Strategies LLC purchased a new position in Lattice Semiconductor Corporation during the second quarter worth $107,000. BNP Paribas Arbitrage SA increased its position in Lattice Semiconductor Corporation by 723.3% during the second quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock worth $137,000 after buying an additional 18,105 shares in the last quarter. Principal Financial Group Inc. increased its position in Lattice Semiconductor Corporation by 2.3% during the first quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock worth $159,000 after buying an additional 510 shares in the last quarter. Finally, FNY Partners Fund LP increased its position in Lattice Semiconductor Corporation by 100.8% during the second quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock worth $172,000 after buying an additional 13,000 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

About Lattice Semiconductor Corporation

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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