Shares of Lattice Semiconductor (LSCC, Financial) experienced a significant rise of 5.9%. This movement follows the company's recent 2024 Developers Conference, where new products were unveiled in their mid-range (Avant) and small (Nexus 2) FPGA portfolios.
Lattice Semiconductor Corp (LSCC, Financial) is currently priced at $62.99. It shows a positive market sentiment with an increase in market capitalization to $8.69 billion. The company's P/E ratio stands at 61.16, reflecting investors' confidence in its future earnings potential despite the high valuation. Furthermore, Lattice has demonstrated a substantial 38.9% increase over the past 12 weeks, indicating strong momentum.
The GF Value of Lattice Semiconductor is assessed as "Modestly Overvalued," suggesting that the stock is trading above its intrinsic value of $55.45. Investors often refer to the GF Value to evaluate potential investment opportunities, and the current price suggests cautious investment consideration.
In terms of financial health, Lattice Semiconductor boasts strong financial strength with a robust balance sheet. The company's Altman Z-Score of 34.53 indicates a low risk of financial distress. Additionally, Lattice's interest coverage is listed as comfortable, which implies that the company is fully capable of covering its interest expenses with its earnings.
Despite a declining revenue per share over the past year and insider selling activity, the company benefits from strong operating margin expansion. The semiconductor industry, being highly competitive, ranks Lattice in a favorable position with a growth rate exceeding the industry's median in revenue and profitability metrics.
Overall, while Lattice Semiconductor (LSCC, Financial) shows positive stock movement and strong financial health, investors should weigh the high valuation indicated by the GF Value and consider the broader market conditions and the company's growth prospects.
