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NASDAQ:LSCC—A High-Growth Stock Gearing Up for Its Next Upward Move.

By Mill Chart

Last update: Oct 13, 2023

Exploring Growth Potential: LATTICE SEMICONDUCTOR CORP (NASDAQ:LSCC) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and LATTICE SEMICONDUCTOR CORP has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected LATTICE SEMICONDUCTOR CORP on our screen for growth with base formation, suggesting it merits a closer look.

Growth Assessment of NASDAQ:LSCC

ChartMill employs its own Growth Rating system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth factors, such as EPS and revenue growth, taking into account both past performance and future projections. NASDAQ:LSCC has earned a 8 for growth:

  • The Earnings Per Share has grown by an impressive 43.88% over the past year.
  • Measured over the past years, LSCC shows a very strong growth in Earnings Per Share. The EPS has been growing by 74.11% on average per year.
  • The Revenue has grown by 23.44% in the past year. This is a very strong growth!
  • The Revenue has been growing by 11.34% on average over the past years. This is quite good.
  • The Earnings Per Share is expected to grow by 19.00% on average over the next years. This is quite good.
  • LSCC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.08% yearly.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

Health Analysis for NASDAQ:LSCC

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NASDAQ:LSCC, the assigned 8 reflects its health status:

  • An Altman-Z score of 38.05 indicates that LSCC is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of LSCC (38.05) is better than 96.23% of its industry peers.
  • The Debt to FCF ratio of LSCC is 0.19, which is an excellent value as it means it would take LSCC, only 0.19 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 0.19, LSCC belongs to the best of the industry, outperforming 85.85% of the companies in the same industry.
  • LSCC has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
  • LSCC has a Current Ratio of 3.75. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.
  • LSCC has a Quick Ratio of 2.53. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.

Exploring NASDAQ:LSCC's Profitability

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:LSCC has achieved a 9:

  • With an excellent Return On Assets value of 26.99%, LSCC belongs to the best of the industry, outperforming 98.11% of the companies in the same industry.
  • LSCC has a better Return On Equity (35.64%) than 90.57% of its industry peers.
  • LSCC's Return On Invested Capital of 25.73% is amongst the best of the industry. LSCC outperforms 94.34% of its industry peers.
  • The last Return On Invested Capital (25.73%) for LSCC is above the 3 year average (14.31%), which is a sign of increasing profitability.
  • With an excellent Profit Margin value of 28.34%, LSCC belongs to the best of the industry, outperforming 86.79% of the companies in the same industry.
  • In the last couple of years the Profit Margin of LSCC has grown nicely.
  • Looking at the Operating Margin, with a value of 30.06%, LSCC belongs to the top of the industry, outperforming 85.85% of the companies in the same industry.
  • In the last couple of years the Operating Margin of LSCC has grown nicely.
  • LSCC's Gross Margin of 69.44% is amongst the best of the industry. LSCC outperforms 90.57% of its industry peers.
  • In the last couple of years the Gross Margin of LSCC has grown nicely.

How does the Setup look for NASDAQ:LSCC

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NASDAQ:LSCC currently has a 7 as setup rating:

Although the technical rating is bad, LSCC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 79.06, a Stop Loss order could be placed below this zone.

More Strong Growth stocks can be found in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of LSCC

For an up to date full technical analysis you can check the technical report of LSCC

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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LATTICE SEMICONDUCTOR CORP

NASDAQ:LSCC (11/21/2024, 8:00:01 PM)

After market: 51.75 -0.51 (-0.98%)

52.26

+1.51 (+2.98%)

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