Analysts Point To Semtech Corp. (NASDAQ: SMTC) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, SMTC falls under the Technology sector while operating within the Semiconductors industry segment. The current market capitalization of Semtech Corp. is $2.56B. A total of 1.16 million shares were traded on the day, compared to an average of 2.33M shares.

In the most recent transaction, Lin Mark bought 1,000 shares of SMTC for 33.23 per share on Apr 08 ’24. After the transaction, the EVP and CFO now owns 1,000 company shares. In a previous transaction on Dec 15 ’23, Summers Sylvia sold 16,000 shares at 22.39 per share. SMTC shares that Board of Directors owns now total 13,008.

Among the insiders who sold shares, Rodensky Michael W disposed of 18,227 shares on Sep 28 ’23 at a per-share price of $25.50. This resulted in the SVP holding 0 shares of SMTC after the transaction. In another insider transaction, Walsh Paul V Jr bought 20,000 shares at $24.83 per share on Sep 18 ’23. Company shares held by the Director now total 20,888.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, SMTC has a high of $39.69 and a low of $13.13.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SMTC’s latest balance sheet shows that the firm has $279.60M in Cash & Short Term Investments as of fiscal 2022. There were $175.65M in debt and $128.40M in liabilities at the time. Its Book Value Per Share was -$4.77, while its Total Shareholder’s Equity was $737.77M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SMTC is Buy with a score of 4.75.

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