ValuEngine lowered shares of Lattice Semiconductor (NASDAQ:LSCC) from a hold rating to a sell rating in a research report report published on Sunday.

A number of other equities research analysts have also recently commented on the company. Zacks Investment Research cut Lattice Semiconductor from a hold rating to a strong sell rating in a report on Friday, October 20th. Jefferies Group decreased their price target on Lattice Semiconductor from $8.30 to $6.50 and set a hold rating on the stock in a report on Thursday, September 14th. BidaskClub cut Lattice Semiconductor from a hold rating to a sell rating in a report on Saturday, December 2nd. Craig Hallum reissued a hold rating and set a $6.00 price target (down from $8.30) on shares of Lattice Semiconductor in a report on Thursday, September 14th. Finally, Robert W. Baird reissued a hold rating and set a $8.00 price target on shares of Lattice Semiconductor in a report on Sunday, September 17th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $7.00.

Lattice Semiconductor (LSCC) traded up $0.12 during trading hours on Friday, reaching $6.02. The company’s stock had a trading volume of 1,186,700 shares, compared to its average volume of 857,650. 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 company has a market capitalization of $727.86, a PE ratio of -10.20, a PEG ratio of 1.11 and a beta of 1.57. Lattice Semiconductor has a twelve month low of $5.05 and a twelve month high of $7.55.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.05. The business had revenue of $91.97 million for the quarter, compared to analysts’ expectations 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 last year, the firm earned $0.05 earnings per share. research analysts forecast that Lattice Semiconductor will post 0.05 EPS for the current year.

Several institutional investors have recently modified their holdings of the company. Amalgamated Bank grew its position 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 purchasing an additional 1,102 shares in the last quarter. Legal & General Group Plc grew its position 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 purchasing an additional 1,148 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Lattice Semiconductor by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 96,271 shares of the semiconductor company’s stock worth $641,000 after acquiring an additional 3,086 shares in the last quarter. Bank of New York Mellon Corp grew its position in Lattice Semiconductor by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 498,295 shares of the semiconductor company’s stock worth $3,317,000 after acquiring an additional 3,316 shares in the last quarter. Finally, TIAA CREF Investment Management LLC grew its position in Lattice Semiconductor by 1.3% in the second quarter. TIAA CREF Investment Management LLC now owns 331,796 shares of the semiconductor company’s stock worth $2,210,000 after acquiring an additional 4,291 shares in the last quarter. Hedge funds and other institutional investors own 85.49% of the company’s stock.

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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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