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NASDAQ:LSCC qualifies as a high growth stock and is consolidating.

By Mill Chart

Last update: Nov 30, 2023

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether LATTICE SEMICONDUCTOR CORP (NASDAQ:LSCC) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but LATTICE SEMICONDUCTOR CORP has surfaced on our radar for growth with base formation, warranting further examination.

Growth Examination for NASDAQ:LSCC

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NASDAQ:LSCC has achieved a 8 out of 10:

  • The Earnings Per Share has grown by an impressive 28.93% over the past year.
  • The Earnings Per Share has been growing by 74.11% on average over the past years. This is a very strong growth
  • Looking at the last year, LSCC shows a quite strong growth in Revenue. The Revenue has grown by 18.59% in the last year.
  • 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 19.33% 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 14.37% 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.

ChartMill's Evaluation of Health

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NASDAQ:LSCC has earned a 8 out of 10:

  • An Altman-Z score of 34.26 indicates that LSCC is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of LSCC (34.26) is better than 94.29% of its industry peers.
  • LSCC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
  • A Current Ratio of 3.58 indicates that LSCC has no problem at all paying its short term obligations.
  • LSCC has a Quick Ratio of 2.55. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.

Evaluating Profitability: NASDAQ:LSCC

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:LSCC, the assigned 9 is noteworthy for profitability:

  • The Return On Assets of LSCC (27.22%) is better than 98.10% of its industry peers.
  • Looking at the Return On Equity, with a value of 33.89%, LSCC belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
  • LSCC has a better Return On Invested Capital (26.12%) than 94.29% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for LSCC is above the industry average of 12.18%.
  • The last Return On Invested Capital (26.12%) for LSCC is above the 3 year average (14.31%), which is a sign of increasing profitability.
  • With an excellent Profit Margin value of 28.58%, LSCC belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.
  • In the last couple of years the Profit Margin of LSCC has grown nicely.
  • LSCC's Operating Margin of 30.23% is amongst the best of the industry. LSCC outperforms 88.57% of its industry peers.
  • LSCC's Operating Margin has improved in the last couple of years.
  • LSCC's Gross Margin of 69.74% is amongst the best of the industry. LSCC outperforms 90.48% of its industry peers.
  • LSCC's Gross Margin has improved in the last couple of years.

How does the Setup look for NASDAQ:LSCC

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:LSCC has a 8 as its setup rating:

LSCC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 58.49, a Stop Loss order could be placed below this zone.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

Our latest full fundamental report of LSCC contains the most current fundamental analsysis.

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 (2/22/2024, 10:44:05 AM)

73.82

+1.61 (+2.23%)

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