Stock To Watch: Semtech Corporation (NASDAQ:SMTC)


The leading market experts have placed a mean price target of $28.42 on Semtech Corporation (NASDAQ:SMTC) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.36 a share for the upcoming quarter and $1.32 for the current fiscal. Technical View The technical analysis of Semtech Corporation plainly substantiates that the 50-day moving average of Semtech Corporation is $24.06, and stock is hovering 1.42 or +5.91% distant from $24.06. It is noted that the 200-day MA is $21.60, and Semtech Corporation stock is $3.88 or +17.96% off from this point. Semtech Corporation (NASDAQ:SMTC) 52-week high is $25.68 and the 52-week low is $14.04. This explains if the stock moves $-0.20, it will post a 52-week high. In event of $+81.48% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Semtech Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Semtech Corporation (NASDAQ:SMTC) ratio came in at 90.04. The stock last ended the trading session at $25.48 and registered a market cap of $1.66B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Semtech Corporation (NASDAQ:SMTC) PEG ratio is at 4.14.

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