Stocks That Hit 52-Week Highs On Wednesday
Before 10 a.m. ET Wednesday, 138 stocks hit new 52-week highs.
Keybanc Maintains Overweight on Lattice Semiconductor, Raises Price Target to $65
Keybanc analyst John Vinh maintains Lattice Semiconductor (NASDAQ:LSCC) with a Overweight and raises the price target from $62 to $65.
Lattice Semiconductor: Q2 Earnings Insights
Shares of Lattice Semiconductor (NASDAQ:LSCC) moved higher in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 47.06% over the past year to $0.25, which beat the estimate of $0.22.
Lattice Semiconductor Sees Q3 Sales $124M-$132M vs $121.42M Est.
Business Outlook - Third Quarter of 2021:
Revenue for the third quarter of 2021 is expected to be between $124 million and $132 million.
Gross margin percentage for the third quarter of 2021 is expected to be 62%
Lattice Semiconductor Q2 Adj. EPS $0.25 Beats $0.22 Estimate, Sales $125.91M Beat $120.25M Estimate
Lattice Semiconductor (NASDAQ:LSCC) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.22 by 13.64 percent. This is a 47.06 percent increase over earnings of $0.17 per share
Earnings Scheduled For August 3, 2021
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Stocks That Hit 52-Week Highs On Monday
Before 10 a.m. ET on Monday, 201 companies set new 52-week highs.
Understanding Lattice Semiconductor’s Unusual Options Activity
Shares of Lattice Semiconductor (NASDAQ:LSCC) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $51.3.
Keybanc Maintains Overweight on Lattice Semiconductor, Raises Price Target to $62
Keybanc analyst John Vinh maintains Lattice Semiconductor (NASDAQ:LSCC) with a Overweight and raises the price target from $57 to $62.
Rosenblatt Maintains Buy on Lattice Semiconductor, Raises Price Target to $62
Rosenblatt analyst Hans Mosesmann maintains Lattice Semiconductor (NASDAQ:LSCC) with a Buy and raises the price target from $56 to $62.