Monitoring some price target data, we have noticed that shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) currently have an average target of $11.4. This number is the consensus target price averaging estimates provided by analysts polled by Zacks Research. Sell-side analysts have various methods at their disposal for estimating stock price targets. Many investors will closely monitor stock target prices, especially when Street analysts change their view on a specific target price. Some investors may follow these sell-side targets very closely and use the provided information to assist with their own stock research.
Investors might be searching far and wide for the next set of winning stocks to add to the portfolio. Many value investors may be on the lookout for stocks that are underpriced at current levels. Some investors may be looking for names that have the potential to see major growth in the next few years. Picking growth companies can be a bit riskier, but they may have much bigger potential for substantial returns. Other investors may be interested in finding companies that provide stable returns and pay out a solid dividend. Investors may even choose to piece together the portfolio with stocks from different categories. Having a diverse selection of stocks is typically recommended for longer-term portfolio health.
We can now shift the focus to some company earnings data. Based on projections provided by 5 individual Wall Street analysts polled by Zacks Research, Lattice Semiconductor Corporation (NASDAQ:LSCC) has a current quarter EPS consensus estimate of 0.09. For the prior reporting period, the company posted quarterly earnings per share of 0.08. As earnings season continues, investors will be closely tracking analyst estimates. Sell-side analysts often make updates before and after the company reports earnings numbers. Following analyst estimate updates leading up to the earnings release may offer some good insight into the direction that the estimates are trending. Investors will be watching to see which companies post the largest earnings surprises this quarter.
Taking a look at the current consensus broker rating for Lattice Semiconductor Corporation (NASDAQ:LSCC), we note that the ABR is 1.2. This Zacks consensus rating follows a numerical scale where a number in the 1-2 range generally represents a Buy, a 3 would indicate a Hold and 4-5 signals a Sell rating. In terms of the number of bullish analysts that have the stock rated a Buy or Strong Buy, we can see that the number is currently 5.
Investors may be following some historical price data on shares of Lattice Semiconductor Corporation (NASDAQ:LSCC). Over the past 12 weeks, the stock has seen a change of 88.41%. If we go back to the beginning of the year, we can see that shares have changed 87.86%. Over the last 4 weeks, shares have seen a change of 63.52%. Over the last 5 trading sessions, the stock has moved 2.77%. Investors will be monitoring stock activity over the next few weeks to try and gauge which way the momentum is leaning. Checking on some possible support and resistance levels, we have noted that that the 52-week high is currently $13, and the 52-week low is currently $5.16. When shares are trading close to the 52-week high or 52-week low, investors might be paying added attention. Looking at some recent action, we note that the stock has been seen trading near the $13 mark.
As investors gear up for the stretch run towards the end of the year, the focus will be on which way stock market momentum seems to be shifting. Investors may be taking note of various economic reports and keeping a close eye on global political news. There are many factors that can affect the price of a stock. Tracking the markets from different angles may help to put together the bigger investing picture. Investors may be wondering if they have missed the boat as stocks have cooled off a bit recently. It may be wise to remember that there are always plenty of market opportunities to take advantage of. Diving into the fray may not be necessary until all the boxes are ticked off on the investor’s checklist.