BidaskClub cut shares of Lattice Semiconductor (NASDAQ:LSCC) from a hold rating to a sell rating in a report released on Saturday.

Other equities research analysts have also issued research reports about the company. ValuEngine lowered Lattice Semiconductor from a hold rating to a sell rating in a research note on Monday, September 18th. Robert W. Baird restated a hold rating and set a $8.00 price objective on shares of Lattice Semiconductor in a research note on Sunday, September 17th. Jefferies Group upgraded Lattice Semiconductor from a hold rating to a buy rating and set a $7.00 price objective for the company in a research note on Wednesday, October 18th. Zacks Investment Research lowered Lattice Semiconductor from a hold rating to a strong sell rating in a research note on Friday, October 20th. Finally, Craig Hallum reaffirmed a hold rating and set a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor in a report on Thursday, September 14th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $7.00.

Shares of Lattice Semiconductor (NASDAQ:LSCC) opened at $5.79 on Friday. Lattice Semiconductor has a 12 month low of $5.05 and a 12 month high of $7.55. The company has a current ratio of 2.20, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $721.69, a P/E ratio of 65.00, a price-to-earnings-growth ratio of 6.27 and a beta of 1.57.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. Lattice Semiconductor had a positive return on equity of 4.39% and a negative net margin of 17.49%. The firm had revenue of $91.97 million during the quarter, compared to analyst estimates of $92.00 million. During the same quarter last year, the firm earned $0.05 EPS. equities research analysts forecast that Lattice Semiconductor will post 0.05 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in Lattice Semiconductor during the 3rd quarter worth approximately $107,000. OxFORD Asset Management LLP bought a new position in Lattice Semiconductor during the 3rd quarter worth approximately $9,232,000. Schwab Charles Investment Management Inc. lifted its holdings in Lattice Semiconductor by 2.6% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 509,124 shares of the semiconductor company’s stock worth $2,653,000 after buying an additional 12,952 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Lattice Semiconductor by 9.4% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,440,939 shares of the semiconductor company’s stock worth $12,717,000 after buying an additional 209,915 shares during the last quarter. Finally, FNY Partners Fund LP lifted its holdings in Lattice Semiconductor by 521.2% during the 3rd quarter. FNY Partners Fund LP now owns 160,900 shares of the semiconductor company’s stock worth $838,000 after buying an additional 135,000 shares during the last quarter. 85.71% of the stock is currently owned by 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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