Lattice Semiconductor Corporation (NASDAQ:LSCC) Analyst Opinion

Lattice Semiconductor Corporation (NASDAQ:LSCC) stock is presently standing at about $6.86 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 5 analysts covering the company is $8.30, which suggests the stock could still rise over 17 percent. The highest analyst price target is $8.30, which implies a rally of 79 percent. And a quick view of analyst notes show that 1 are rating the stock a buy while 0 rate LSCC a strong buy. There are 4 equity research firms advocating a Hold and 0 consider it Sell.

Robert W. Baird analysts provided their view on Lattice Semiconductor Corporation (NASDAQ:LSCC) recently. The rating firm issued a Neutral rating to this company in a research note released on Nov 03, 2016. Susquehanna analysts disclosed their opinion on Lattice Semiconductor Corporation (NASDAQ:LSCC) recently. The rating firm gave a Positive rating to this stock in a research note published on Sep 20, 2016. According to a research note disclosed on Apr 14, 2016, analysts at Craig Hallum have lowered their rating on these shares from Buy to Hold.

Lattice Semiconductor Corporation (NASDAQ:LSCC) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its VP Corp, General Counsel Milstead Byron Wayne sold 10,992 company shares for $57000.93, in a transaction on 2016-05-17. Following the transaction, the VP Corp, General Counsel is left with a stake of 57.93 shares, currently valued at $397. Meanwhile, Director KRISHNAMURTHY BALAJI sold 10,000 shares worth $70000, through a transaction dated 2015-12-29. Following the completion of the transaction, the insider is left with a stake of 71,497 shares, amounting $490469.42. LSCC VP Corp, General Counsel Milstead Byron Wayne also sold 7,357 shares, at a stock price of $6.25. This transaction occurred on 2015-11-30 totals $45000.98. After this transaction, the insider’s stake stands at 14,327 shares, with a market value of $98283.

Executives hold 1.00 percent of the stock. Darin G. Billerbeck is one of the biggest insider owners in Lattice Semiconductor Corporation (NASDAQ:LSCC), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 383,345 shares which have current market value of around $2629746.7.Harry A. Merlo is another major inside shareholder in the company. The insider owns 101,450 shares as of less than 0.1%, currently worth $695947. Balaji Krishnamurthy is ranked as third insider holder of the stock. This insider holds 90,821 shares with a market value around $623032.06 as of recent close.

Lattice Semiconductor Corporation (NASDAQ:LSCC) Earnings Outlook

In Lattice Semiconductor Corporation (NASDAQ:LSCC)’s latest quarter, EPS moved to $0.05 from $0.00 in preceding quarter and revenues reached at $113.22M compared to $99.21M. Analysts had expected Lattice Semiconductor Corporation (NASDAQ:LSCC) to post net income of about $0.06 per share on $113.04M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.12 to $0.14. That is compared with the $-0.04 in EPS it reported during the same period a year ago.