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Semtech (SMTC) Stock Price, News & Analysis

$36.44
+0.10 (+0.28%)
(As of 08/21/2024 ET)
Today's Range
$36.04
$37.21
50-Day Range
$27.61
$36.90
52-Week Range
$13.13
$46.86
Volume
1.21 million shs
Average Volume
1.91 million shs
Market Capitalization
$2.36 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$48.90

Semtech MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
34.2% Upside
$48.90 Price Target
Short Interest
Healthy
11.33% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.71
Upright™ Environmental Score
News Sentiment
0.48mentions of Semtech in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.03) to $0.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.99 out of 5 stars

Computer And Technology Sector

168th out of 594 stocks

Semiconductors & Related Devices Industry

26th out of 85 stocks

SMTC stock logo

About Semtech Stock (NASDAQ:SMTC)

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. Further, it offers portfolio of IoT solutions, such as modules, gateways, routers, and connected services; and portfolio of connected services, including wireless connectivity and cloud-based services for industrial, medical and communications applications. The company serves original equipment manufacturers and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in Asia- Pacific, North America, and Europe. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.

SMTC Stock Price History

SMTC Stock News Headlines

Analysts Set Semtech Co. (NASDAQ:SMTC) Target Price at $48.90
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Semtech (NASDAQ:SMTC) Trading 5.9% Higher
This Crypto Is Set to Explode in August
With thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains.
SMTC Jan 2025 44.000 call (SMTC250117C00044000)
Piper Sandler Keeps Their Buy Rating on Semtech (SMTC)
KLIC May 2025 40.000 put (KLIC250516P00040000)
SMTC Jan 2025 13.000 put
TER Jun 2025 165.000 call (TER250620C00165000)
See More Headlines
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Company Calendar

Last Earnings
6/05/2024
Today
8/22/2024
Next Earnings (Confirmed)
8/27/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SMTC
CUSIP
81685010
Employees
1,917
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$48.90
High Stock Price Target
$60.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+34.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$-1,092,030,000.00
Net Margins
-129.52%
Pretax Margin
-122.86%

Debt

Sales & Book Value

Annual Sales
$868.76 million
Cash Flow
$13.06 per share
Book Value
($4.78) per share

Miscellaneous

Free Float
64,265,000
Market Cap
$2.36 billion
Optionable
Optionable
Beta
1.55

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Key Executives


SMTC Stock Analysis - Frequently Asked Questions

How have SMTC shares performed this year?

Semtech's stock was trading at $21.91 at the beginning of 2024. Since then, SMTC stock has increased by 66.3% and is now trading at $36.44.
View the best growth stocks for 2024 here
.

How were Semtech's earnings last quarter?

Semtech Co. (NASDAQ:SMTC) posted its quarterly earnings results on Wednesday, June, 5th. The semiconductor company reported ($0.17) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.17). The semiconductor company had revenue of $206.11 million for the quarter, compared to analysts' expectations of $200.16 million. Semtech had a negative trailing twelve-month return on equity of 154.99% and a negative net margin of 129.52%.

What is Mohan R. Maheswaran's approval rating as Semtech's CEO?

66 employees have rated Semtech Chief Executive Officer Mohan R. Maheswaran on Glassdoor.com. Mohan R. Maheswaran has an approval rating of 85% among the company's employees.

Does Semtech have any subsidiaries?

Semtech subsidiaries include Trackio International AG, IC Interconnect, AptoVision Technologies Inc., Triune Systems L.L.C, Enverv, Cycleo, Gennum Corporation, and more.

Who are Semtech's major shareholders?

Semtech's top institutional investors include Millennium Management LLC (5.64%), Disciplined Growth Investors Inc. MN (3.86%), Driehaus Capital Management LLC (2.25%) and Clearline Capital LP (1.39%). Insiders that own company stock include Asaf Silberstein, John Michael Wilson, Mark Lin, Alisair Fulton, Charles B Ammann, Michael W Rodensky, Christopher H Chang, Norris B Powell, Alistair Fulton, Emeka Chukwu, Ye Jane Li and Mohan Maheswaran.
View institutional ownership trends
.

How do I buy shares of Semtech?

Shares of SMTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Semtech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Semtech investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN) and AutoZone (AZO).

This page (NASDAQ:SMTC) was last updated on 8/22/2024 by MarketBeat.com Staff

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