NasdaqGS:LSCC

Stock Analysis Report

Executive Summary

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas.

Snowflake

Fundamentals

Reasonable growth potential with mediocre balance sheet.

Risks

  • Lattice Semiconductor has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Lattice Semiconductor's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.8%

NasdaqGS:LSCC

2.0%

US Semiconductor

1.3%

US Market


1 Year Return

180.9%

NasdaqGS:LSCC

11.1%

US Semiconductor

2.0%

US Market

LSCC outperformed the Semiconductor industry which returned 10.9% over the past year.

LSCC outperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

LSCCIndustryMarket
7 Day4.8%2.0%1.3%
30 Day9.7%8.4%3.9%
90 Day48.5%16.8%3.4%
1 Year180.9%180.9%13.2%11.1%4.2%2.0%
3 Year225.5%225.5%84.0%73.2%47.2%37.6%
5 Year176.5%176.5%123.1%100.5%60.5%42.9%

Price Volatility Vs. Market

How volatile is Lattice Semiconductor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lattice Semiconductor undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Lattice Semiconductor's share price is below the future cash flow value, and at a moderate discount (> 20%).

Lattice Semiconductor's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Lattice Semiconductor is overvalued based on earnings compared to the US Semiconductor industry average.

Lattice Semiconductor is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Lattice Semiconductor is poor value based on expected growth next year.


Price Based on Value of Assets

Lattice Semiconductor is overvalued based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Lattice Semiconductor expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

51.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Lattice Semiconductor's revenue is expected to grow by 8.5% yearly, however this is not considered high growth (20% yearly).

Lattice Semiconductor's earnings are expected to grow significantly at over 20% yearly.

Lattice Semiconductor's revenue growth is expected to exceed the United States of America market average.

Lattice Semiconductor's earnings growth is expected to exceed the United States of America market average.

Lattice Semiconductor's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Lattice Semiconductor will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Lattice Semiconductor performed over the past 5 years?

-5.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Lattice Semiconductor's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Lattice Semiconductor has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Lattice Semiconductor has become profitable in the last year making it difficult to compare the US Semiconductor industry average.


Return on Equity

Lattice Semiconductor has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Lattice Semiconductor used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

Lattice Semiconductor has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Lattice Semiconductor's financial position?


Financial Position Analysis

Lattice Semiconductor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Lattice Semiconductor's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Lattice Semiconductor's level of debt (64.2%) compared to net worth is high (greater than 40%).

Unable to establish if Lattice Semiconductor's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (57.2%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.9x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.4x debt.


Next Steps

Dividend

What is Lattice Semiconductor's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Lattice Semiconductor's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Lattice Semiconductor's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Lattice Semiconductor has not reported any payouts.

Unable to verify if Lattice Semiconductor's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Lattice Semiconductor has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Lattice Semiconductor's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average management tenure


CEO

Jim Anderson (47yo)

1yrs

Tenure

US$10,002,055

Compensation

Mr. James Robert Anderson, also known as Jim, has been President, Chief Executive Officer and Director at Lattice Semiconductor Corporation since September 4, 2018. Mr. Anderson served as Senior Vice Presi ...


CEO Compensation Analysis

Jim's remuneration is higher than average for companies of similar size in United States of America.

Insufficient data for Jim to compare compensation growth.


Management Age and Tenure

1.0yrs

Average Tenure

51.5yo

Average Age

The average tenure for the Lattice Semiconductor management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.5yrs

Average Tenure

66yo

Average Age

The average tenure for the Lattice Semiconductor board of directors is less than 3 years, this suggests a new board.


Insider Trading

Lattice Semiconductor individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$22,61227 Aug 19
Byron Milstead
EntityIndividual
Role
Chief Legal Officer
Corporate VP
Shares1,182
Max PriceUS$19.13
SellUS$493,91607 Aug 19
David Richardson
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares26,600
Max PriceUS$18.57
SellUS$133,99006 Aug 19
Byron Milstead
EntityIndividual
Role
Chief Legal Officer
Corporate VP
Shares7,060
Max PriceUS$19.02
SellUS$21,222,43122 Jul 19
Lion Point Capital
EntityCompany
Shares1,391,160
Max PriceUS$16.40
SellUS$57,52025 Jun 19
Mark Jensen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,000
Max PriceUS$14.38
BuyUS$60,86631 May 19
Esam Elashmawi
EntityIndividual
Role
Head of Marketing
Chief Marketing & Strategy Officer
Shares5,000
Max PriceUS$12.17
BuyUS$62,30031 May 19
James Anderson
EntityIndividual
Role
Chief Executive Officer
President
Shares5,000
Max PriceUS$12.46
SellUS$44,08030 May 19
Byron Milstead
EntityIndividual
Role
Chief Legal Officer
Corporate VP
Shares3,632
Max PriceUS$12.14
SellUS$51,21819 Feb 19
Byron Milstead
EntityIndividual
Role
Chief Legal Officer
Corporate VP
Shares4,598
Max PriceUS$11.14
BuyUS$113,26627 Nov 18
Esam Elashmawi
EntityIndividual
Role
Head of Marketing
Chief Marketing & Strategy Officer
Shares20,000
Max PriceUS$5.66
BuyUS$56,66026 Nov 18
James Anderson
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceUS$5.67
SellUS$48,70615 Nov 18
Byron Milstead
EntityIndividual
Role
Chief Legal Officer
Corporate VP
Shares8,384
Max PriceUS$5.81

Ownership Breakdown


Management Team

  • Byron Milstead (63yo)

    Corporate VP

    • Tenure: 11.3yrs
    • Compensation: US$972.37k
  • Jim Anderson (47yo)

    President

    • Tenure: 1yrs
    • Compensation: US$10.00m
  • Terese Kemble

    Corporate Vice President of Human Resources

    • Tenure: 0.2yrs
  • Esam Elashmawi (50yo)

    Chief Marketing & Strategy Officer

    • Tenure: 1yrs
    • Compensation: US$2.12m
  • Jerry Xu

    President of Asia Pacific Region

    • Tenure: 0yrs
  • Sherri Luther (53yo)

    Chief Financial Officer

    • Tenure: 0.7yrs

Board Members

  • John Bourgoin (73yo)

    Director

    • Tenure: 8yrs
    • Compensation: US$177.92k
  • Robin Abrams (68yo)

    Director

    • Tenure: 8yrs
    • Compensation: US$169.17k
  • Brian Beattie (66yo)

    Director

    • Tenure: 3.2yrs
    • Compensation: US$171.67k
  • John Major (73yo)

    Director

    • Tenure: 1.5yrs
    • Compensation: US$37.50k
  • Mark Jensen (69yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$196.67k
  • Jeff Richardson (54yo)

    Chairman of the Board

    • Tenure: 1.3yrs
    • Compensation: US$199.17k
  • Jim Lederer (59yo)

    Independent Director

    • Tenure: 1.5yrs
    • Compensation: US$48.75k
  • Krishna Rangasayee (50yo)

    Independent Director

    • Tenure: 1.5yrs
    • Compensation: US$41.25k
  • Jim Anderson (47yo)

    President

    • Tenure: 1yrs
    • Compensation: US$10.00m

Company Information

Lattice Semiconductor Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lattice Semiconductor Corporation
  • Ticker: LSCC
  • Exchange: NasdaqGS
  • Founded: 1983
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$2.777b
  • Shares outstanding: 132.67m
  • Website: https://www.latticesemi.com

Number of Employees


Location

  • Lattice Semiconductor Corporation
  • 5555 NE Moore Court
  • Hillsboro
  • Oregon
  • 97124
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LSCCNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1989
LTTDB (Deutsche Boerse AG)YesCommon StockDEEURNov 1989

Biography

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 co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 23:42
End of Day Share Price2019/09/13 00:00
Earnings2019/06/29
Annual Earnings2018/12/29


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.