Page 5 - Semtech Daily News Today

Everence Capital Management Inc. bought a new position in Semtech Co. (NASDAQ:SMTC – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,780 shares of the semiconductor company’s stock, valued at approximately $213,000. Other large investors have also made changes to their positions […]

Semtech (NASDAQ:SMTC – Free Report) had its price target reduced by B. Riley from $52.00 to $45.00 in a research report released on Thursday, MarketBeat Ratings reports. They currently have a buy rating on the semiconductor company’s stock. A number of other research firms have also recently weighed in on SMTC. Summit Insights upgraded Semtech […]

Needham & Company LLC restated their buy rating on shares of Semtech (NASDAQ:SMTC – Free Report) in a research note released on Thursday, Benzinga reports. Needham & Company LLC currently has a $35.00 price target on the semiconductor company’s stock. A number of other equities research analysts also recently commented on the company. TheStreet raised […]

Summit Insights upgraded shares of Semtech (NASDAQ:SMTC – Free Report) from a hold rating to a buy rating in a research report released on Thursday, MarketBeat.com reports. Other equities research analysts have also recently issued research reports about the company. Roth Mkm reaffirmed a buy rating and issued a $56.00 price target on shares of […]

Semtech Co. (NASDAQ:SMTC – Get Free Report)’s share price gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $22.87, but opened at $24.20. Semtech shares last traded at $23.67, with a volume of 2,078,853 shares. The semiconductor company reported $0.11 earnings […]

Semtech (NASDAQ:SMTC – Get Free Report) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.09, MarketWatch Earnings reports. Semtech had a positive return on equity of 2.56% and a negative net margin of 53.62%. The company had […]

Semtech (NASDAQ:SMTC – Get Free Report) posted its earnings results on Wednesday. The semiconductor company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.09, MarketWatch Earnings reports. The business had revenue of $238.37 million for the quarter, compared to analyst estimates of $237.37 million. Semtech had a positive […]

Semtech (NASDAQ:SMTC – Get Free Report) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $(0.22)-(0.09) for the period, compared to the consensus estimate of $0.12. The company issued revenue guidance of $190-210 million, compared to the consensus revenue estimate of $247.66 million. […]

Semtech (NASDAQ:SMTC – Get Free Report) had its target price reduced by stock analysts at Piper Sandler from $40.00 to $30.00 in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The brokerage currently has an “overweight” rating on the semiconductor company’s stock. Piper Sandler’s price target would suggest a potential […]

Shares of Semtech Co. (NASDAQ:SMTC – Get Free Report) gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $22.87, but opened at $24.20. Semtech shares last traded at $23.67, with a volume of 2,078,853 shares changing hands. The semiconductor company reported $0.11 EPS for […]