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LSCC

Lattice SemiconductorNasdaqGS:LSCC Stock Report

Market Cap

US$10.3b

7D

-10.3%

1Y

82.0%

Updated

27 Nov, 2021

Data

Company Financials +
LSCC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends0/6

LSCC Stock Overview

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

Rewards

Earnings are forecast to grow 33.37% per year

Earnings grew by 83.2% over the past year

Risk Analysis

No risks detected for LSCC from our risk checks.

Lattice Semiconductor Competitors

NVIDIA

NasdaqGS:NVDA

US$787.6b

Intel

NasdaqGS:INTC

US$198.4b

QUALCOMM

NasdaqGS:QCOM

US$196.8b

Texas Instruments

NasdaqGS:TXN

US$173.9b

Price History & Performance

Summary of all time highs, changes and price drops for Lattice Semiconductor
Historical stock prices
Current Share PriceUS$75.34
52 Week HighUS$85.45
52 Week LowUS$37.38
Beta0.97
1 Month Change8.58%
3 Month Change23.15%
1 Year Change82.03%
3 Year Change1,185.67%
5 Year Change985.59%
Change since IPO6,990.82%

Recent News & Updates

Nov 21
Is Lattice Semiconductor (NASDAQ:LSCC) Using Too Much Debt?

Is Lattice Semiconductor (NASDAQ:LSCC) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Oct 18

Lattice Semiconductor May Be Getting Ahead Of Itself

LSCC is on a record-setting pace with strong growth, and the stock has continued to surge forward as it has in past years. Much of the recent growth seems to be tied to China, which means LSCC could be in for a surprise in a way it may not like. The stock has left the company’s gains in the dust, but that also means that LSCC trades at multiples that are much higher than others. Long LSCC could warrant a re-assessment if the price goes down, but, right now, the company looks to be getting ahead of itself.

Shareholder Returns

LSCCUS SemiconductorUS Market
7D-10.3%-3.6%-2.7%
1Y82.0%53.7%21.3%

Return vs Industry: LSCC exceeded the US Semiconductor industry which returned 53.7% over the past year.

Return vs Market: LSCC exceeded the US Market which returned 21.3% over the past year.

Price Volatility

Is LSCC's price volatile compared to industry and market?
LSCC volatility
LSCC Average Weekly Movement5.1%
Semiconductor Industry Average Movement6.4%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: LSCC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LSCC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983746Jim Andersonhttps://www.latticesemi.com

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Certus-NX and ECP, MachXO, iCE40, and CrossLink. It also provides video connectivity application specific standard products.

Lattice Semiconductor Fundamentals Summary

How do Lattice Semiconductor's earnings and revenue compare to its market cap?
LSCC fundamental statistics
Market CapUS$10.32b
Earnings (TTM)US$83.38m
Revenue (TTM)US$480.71m

123.7x

P/E Ratio

21.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LSCC income statement (TTM)
RevenueUS$480.71m
Cost of RevenueUS$185.25m
Gross ProfitUS$295.46m
ExpensesUS$212.08m
EarningsUS$83.38m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin61.46%
Net Profit Margin17.35%
Debt/Equity Ratio41.3%

How did LSCC perform over the long term?

See historical performance and comparison

Valuation

Is Lattice Semiconductor undervalued compared to its fair value and its price relative to the market?

123.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LSCC ($75.34) is trading above our estimate of fair value ($19.3)

Significantly Below Fair Value: LSCC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LSCC is poor value based on its PE Ratio (123.7x) compared to the US Semiconductor industry average (29.3x).

PE vs Market: LSCC is poor value based on its PE Ratio (123.7x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: LSCC is poor value based on its PEG Ratio (3.7x)


Price to Book Ratio

PB vs Industry: LSCC is overvalued based on its PB Ratio (26.3x) compared to the US Semiconductor industry average (4.8x).


Future Growth

How is Lattice Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

33.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LSCC's forecast earnings growth (33.4% per year) is above the savings rate (2%).

Earnings vs Market: LSCC's earnings (33.4% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LSCC's revenue (14.3% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: LSCC's revenue (14.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LSCC's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Lattice Semiconductor performed over the past 5 years?

67.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LSCC has high quality earnings.

Growing Profit Margin: LSCC's current net profit margins (17.3%) are higher than last year (11.3%).


Past Earnings Growth Analysis

Earnings Trend: LSCC has become profitable over the past 5 years, growing earnings by 67.2% per year.

Accelerating Growth: LSCC's earnings growth over the past year (83.2%) exceeds its 5-year average (67.2% per year).

Earnings vs Industry: LSCC earnings growth over the past year (83.2%) exceeded the Semiconductor industry 80.5%.


Return on Equity

High ROE: LSCC's Return on Equity (21.2%) is considered high.


Financial Health

How is Lattice Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: LSCC's short term assets ($351.8M) exceed its short term liabilities ($103.4M).

Long Term Liabilities: LSCC's short term assets ($351.8M) exceed its long term liabilities ($208.6M).


Debt to Equity History and Analysis

Debt Level: LSCC has more cash than its total debt.

Reducing Debt: LSCC's debt to equity ratio has reduced from 122.6% to 41.3% over the past 5 years.

Debt Coverage: LSCC's debt is well covered by operating cash flow (85.6%).

Interest Coverage: LSCC's interest payments on its debt are well covered by EBIT (30.9x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LSCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LSCC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LSCC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LSCC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LSCC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Jim Anderson (49 yo)

3.17yrs

Tenure

US$7,226,551

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. He serves as Independent Director at Sie...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD7.23M) is below average for companies of similar size in the US market ($USD11.11M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: LSCC's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: LSCC's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lattice Semiconductor Corporation's 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$10.317b
  • Shares outstanding: 136.94m
  • Website: https://www.latticesemi.com

Number of Employees


Location

  • Lattice Semiconductor Corporation
  • 5555 NE Moore Court
  • Hillsboro
  • Oregon
  • 97124-6421
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 23:18
End of Day Share Price2021/11/26 00:00
Earnings2021/10/02
Annual Earnings2021/01/02


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.