Lattice Semiconductor Corp (LSCC) Forecasted to Post FY2019 Earnings of $0.37 Per Share

Lattice Semiconductor Corp (NASDAQ:LSCC) – Investment analysts at Dougherty & Co boosted their FY2019 earnings per share (EPS) estimates for …

Lattice Semiconductor logo

Lattice Semiconductor Corp (NASDAQ:LSCC) – Investment analysts at Dougherty & Co boosted their FY2019 earnings per share (EPS) estimates for Lattice Semiconductor in a research note issued on Wednesday, May 1st, Zacks Investment Research reports. Dougherty & Co analyst C. Anderson now expects that the semiconductor company will earn $0.37 per share for the year, up from their previous forecast of $0.29.

Several other research firms also recently commented on LSCC. Jefferies Financial Group upped their price objective on shares of Lattice Semiconductor to $10.50 in a report on Wednesday, February 13th. Zacks Investment Research raised shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a report on Friday, May 3rd. raised shares of Lattice Semiconductor from a “neutral” rating to a “positive” rating and upped their price objective for the company from $8.00 to $11.00 in a report on Wednesday, February 13th. ValuEngine raised shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 13th. Finally, Susquehanna Bancshares raised shares of Lattice Semiconductor from a “neutral” rating to a “positive” rating and set a $11.00 price objective on the stock in a report on Wednesday, February 13th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $11.80.

LSCC stock opened at $13.66 on Thursday. The firm has a market capitalization of $1.83 billion, a PE ratio of 62.09, a price-to-earnings-growth ratio of 3.29 and a beta of 1.39. The company has a current ratio of 4.10, a quick ratio of 3.13 and a debt-to-equity ratio of 0.97. Lattice Semiconductor has a 12 month low of $5.37 and a 12 month high of $14.93.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, April 30th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.01). Lattice Semiconductor had a negative net margin of 3.25% and a positive return on equity of 15.95%. The company had revenue of $98.09 million for the quarter, compared to analyst estimates of $96.01 million. During the same quarter in the previous year, the company posted $0.05 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year.

In related news, Director Mark Edwin Jensen sold 4,000 shares of the stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $12.56, for a total transaction of $50,240.00. Following the sale, the director now directly owns 67,434 shares of the company’s stock, valued at $846,971.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Byron Wayne Milstead sold 41,911 shares of the stock in a transaction on Monday, February 25th. The stock was sold at an average price of $12.32, for a total transaction of $516,343.52. Following the sale, the vice president now directly owns 54,296 shares in the company, valued at $668,926.72. The disclosure for this sale can be found here. Insiders have sold 85,180 shares of company stock worth $999,721 over the last three months. 0.78% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in LSCC. Prudential Financial Inc. lifted its holdings in Lattice Semiconductor by 14.4% during the fourth quarter. Prudential Financial Inc. now owns 30,082 shares of the semiconductor company’s stock valued at $208,000 after purchasing an additional 3,781 shares in the last quarter. Brown Advisory Inc. lifted its holdings in Lattice Semiconductor by 34.5% during the fourth quarter. Brown Advisory Inc. now owns 112,359 shares of the semiconductor company’s stock valued at $778,000 after purchasing an additional 28,812 shares in the last quarter. Vanguard Group Inc lifted its holdings in Lattice Semiconductor by 8.7% during the third quarter. Vanguard Group Inc now owns 11,291,967 shares of the semiconductor company’s stock valued at $90,335,000 after purchasing an additional 899,669 shares in the last quarter. Frontier Capital Management Co. LLC purchased a new position in Lattice Semiconductor during the fourth quarter valued at $15,861,000. Finally, Norges Bank purchased a new position in Lattice Semiconductor during the fourth quarter valued at $10,998,000. 90.94% of the stock is currently owned by hedge funds and other institutional investors.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.

Read More: Limitations of the P/E Growth ratio

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Anaplan (NYSE:PLAN) & Its Peers Head-To-Head Survey

Anaplan (NYSE: PLAN) is one of 198 publicly-traded companies in the “Prepackaged software” industry, but how does it weigh in compared to its …

Anaplan (NYSE: PLAN) is one of 198 publicly-traded companies in the “Prepackaged software” industry, but how does it weigh in compared to its competitors? We will compare Anaplan to related companies based on the strength of its institutional ownership, profitability, valuation, dividends, risk, analyst recommendations and earnings.

Insider & Institutional Ownership

35.3% of Anaplan shares are owned by institutional investors. Comparatively, 59.3% of shares of all “Prepackaged software” companies are owned by institutional investors. 20.6% of shares of all “Prepackaged software” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Anaplan and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Anaplan N/A N/A N/A
Anaplan Competitors -39.32% -18.94% -3.73%

Analyst Ratings

This is a summary of current ratings and recommmendations for Anaplan and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Anaplan 0 4 7 0 2.64
Anaplan Competitors 1729 8067 14841 754 2.58

Anaplan presently has a consensus price target of $34.36, suggesting a potential downside of 13.79%. As a group, “Prepackaged software” companies have a potential upside of 4.33%. Given Anaplan’s competitors higher probable upside, analysts plainly believe Anaplan has less favorable growth aspects than its competitors.

Valuation & Earnings

This table compares Anaplan and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Anaplan $240.64 million -$131.02 million -23.17
Anaplan Competitors $1.91 billion $226.71 million 35.79

Anaplan’s competitors have higher revenue and earnings than Anaplan. Anaplan is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Anaplan competitors beat Anaplan on 7 of the 12 factors compared.

Anaplan Company Profile

Anaplan logoAnaplan, Inc. provides a cloud-based connected planning platform. Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations. The company delivers its application over the Internet as a subscription service using a software-as-a-service model. It operates in the United States, Australia, Austria, Belgium, France, Germany, India, Japan, the Netherlands, Russia, Singapore, Sweden, Switzerland, and the United Kingdom. Anaplan, Inc. was founded in 2008 and is headquartered in San Francisco, California.

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Weyco Group (WEYS) Upgraded by BidaskClub to Buy

Vanguard Group Inc. lifted its stake in Weyco Group by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 269,849 shares of the textile maker’s …

Weyco Group logoWeyco Group (NASDAQ:WEYS) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Thursday, BidAskClub reports.

WEYS traded up $0.18 on Thursday, hitting $33.78. The company’s stock had a trading volume of 4,500 shares, compared to its average volume of 15,073. The company has a market cap of $332.57 million, a PE ratio of 17.35 and a beta of 0.55. Weyco Group has a 12 month low of $26.70 and a 12 month high of $39.93.

Weyco Group (NASDAQ:WEYS) last released its quarterly earnings data on Tuesday, March 5th. The textile maker reported $0.93 EPS for the quarter. The company had revenue of $89.59 million during the quarter. Weyco Group had a net margin of 6.87% and a return on equity of 10.00%.

In other Weyco Group news, VP George Sotiros sold 8,550 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $30.79, for a total value of $263,254.50. Following the sale, the vice president now directly owns 29,276 shares in the company, valued at approximately $901,408.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Michael Bernsteen sold 1,000 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $32.26, for a total transaction of $32,260.00. Following the completion of the sale, the vice president now owns 6,056 shares in the company, valued at $195,366.56. The disclosure for this sale can be found here. 42.03% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of WEYS. BlackRock Inc. lifted its stake in Weyco Group by 0.5% in the 3rd quarter. BlackRock Inc. now owns 435,991 shares of the textile maker’s stock worth $15,337,000 after purchasing an additional 2,120 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Weyco Group by 2.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 503,569 shares of the textile maker’s stock worth $17,715,000 after purchasing an additional 12,617 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Weyco Group by 23.0% in the 3rd quarter. Renaissance Technologies LLC now owns 79,600 shares of the textile maker’s stock worth $2,800,000 after purchasing an additional 14,901 shares in the last quarter. Vanguard Group Inc. lifted its stake in Weyco Group by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 269,849 shares of the textile maker’s stock worth $9,493,000 after purchasing an additional 4,231 shares in the last quarter. Finally, Vanguard Group Inc lifted its stake in Weyco Group by 1.6% in the 3rd quarter. Vanguard Group Inc now owns 269,849 shares of the textile maker’s stock worth $9,493,000 after purchasing an additional 4,231 shares in the last quarter. Institutional investors and hedge funds own 34.74% of the company’s stock.

Weyco Group Company Profile

Weyco Group, Inc, together with its subsidiaries, designs and distributes footwear. The company operates through two segments, North American Wholesale and North American Retail. It engages in the design and marketing footwear for men, women, and children under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names.

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iRobot (NASDAQ:IRBT) Downgraded by ValuEngine to “Hold”

iRobot (NASDAQ:IRBT) was downgraded by equities researchers at … Needham & Company LLC downgraded iRobot from a “buy” rating to a “hold” …

iRobot logoiRobot (NASDAQ:IRBT) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Wednesday, May 1st, ValuEngine reports.

IRBT has been the topic of a number of other reports. BidaskClub raised iRobot from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 14th. Zacks Investment Research downgraded iRobot from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 3rd. Canaccord Genuity downgraded iRobot from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $115.00 to $114.00 in a research report on Tuesday, February 19th. They noted that the move was a valuation call. Needham & Company LLC downgraded iRobot from a “buy” rating to a “hold” rating and set a $126.87 target price on the stock. in a research report on Tuesday, March 19th. They noted that the move was a valuation call. Finally, Sidoti downgraded iRobot from a “buy” rating to a “neutral” rating and set a $118.00 target price on the stock. in a research report on Thursday, February 21st. They noted that the move was a valuation call. Eight research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $114.12.

Shares of NASDAQ:IRBT traded down $0.32 during midday trading on Wednesday, hitting $96.53. The stock had a trading volume of 809,759 shares, compared to its average volume of 902,359. The stock has a market capitalization of $2.72 billion, a PE ratio of 22.14, a PEG ratio of 1.24 and a beta of 1.63. The company has a current ratio of 3.22, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. iRobot has a fifty-two week low of $60.05 and a fifty-two week high of $132.88.

iRobot (NASDAQ:IRBT) last announced its quarterly earnings results on Tuesday, April 23rd. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.16. The company had revenue of $237.66 million for the quarter, compared to analyst estimates of $251.40 million. iRobot had a net margin of 8.09% and a return on equity of 17.64%. The firm’s revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.71 EPS. On average, research analysts predict that iRobot will post 4.12 EPS for the current fiscal year.

In related news, COO Christian Cerda sold 14,177 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $122.88, for a total transaction of $1,742,069.76. Following the completion of the transaction, the chief operating officer now directly owns 63,336 shares of the company’s stock, valued at approximately $7,782,727.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Alison Dean sold 23,625 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $126.12, for a total value of $2,979,585.00. Following the transaction, the chief financial officer now directly owns 68,765 shares of the company’s stock, valued at $8,672,641.80. The disclosure for this sale can be found here. Insiders sold a total of 93,897 shares of company stock worth $11,580,646 in the last quarter. Company insiders own 3.01% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. North Star Investment Management Corp. acquired a new stake in shares of iRobot in the 4th quarter valued at about $25,000. Osborn Williams & Donohoe LLC purchased a new position in shares of iRobot during the 1st quarter worth approximately $29,000. Capital Investment Advisory Services LLC purchased a new position in shares of iRobot during the 4th quarter worth approximately $39,000. Bruderman Asset Management LLC purchased a new position in shares of iRobot during the 4th quarter worth approximately $58,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in shares of iRobot by 16.7% during the 1st quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 700 shares of the industrial products company’s stock worth $82,000 after buying an additional 100 shares in the last quarter. 97.16% of the stock is owned by institutional investors and hedge funds.

About iRobot

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for iRobot (NASDAQ:IRBT)

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Ethereum Price Prediction: ETH/USD upside potential is very limited at present – Confluence Detector

Ethereum price on Thursday is trading in the red, nursing losses of just over 2% in the session. Bulls still attempting to regather upside momentum that …
  • Ethereum is nursing losses in the second half of trading on Thursday of around 3%.
  • ETH/USD bulls still have the opportunity to capitalize on a bullish flag structure.

Ethereum price on Thursday is trading in the red, nursing losses of just over 2% in the session. Bulls still attempting to regather upside momentum that was seen towards the back end of April, after a choppy month of trading.

ETH/USD was moving within a bullish flag pattern formation, the price broke out of this late April. The bulls since have failed to really regather the upside momentum, however, are still trading above the structure, retesting the upper part of this.

Looking via the confluence detector, in terms of barriers to the upside; $170.30, monthly 38.2% Fibonacci, $172.08, daily 23.6% Fibonacci. $175.64 daily and weekly pivot point resistance. To the downside, $164.96, weekly 38.2% Fibonacci, $159.62, monthly 61.8% Fibonacci.

ETH/USD daily confluence detector

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