Semtech Corporation (SMTC) Analysts See $0.26 EPS

February 15, 2018 - By Richard Conner

 Semtech Corporation (SMTC) Analysts See $0.26 EPS
Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.05, from 1.07 in 2017Q2. It is negative, as 16 investors sold Semtech Corporation shares while 74 reduced holdings. 30 funds opened positions while 62 raised stakes. 61.66 million shares or 0.19% less from 61.78 million shares in 2017Q2 were reported.
Parkside Fin Fincl Bank & Tru has invested 0% in Semtech Corporation (NASDAQ:SMTC). Manufacturers Life The has invested 0% in Semtech Corporation (NASDAQ:SMTC). Thrivent For Lutherans invested in 40,340 shares. California Pub Employees Retirement System owns 147,572 shares. Palisade Capital Ltd Nj has invested 0.7% of its portfolio in Semtech Corporation (NASDAQ:SMTC). Northwestern Mutual Wealth Com holds 268 shares. Legal & General Public Limited Company, a United Kingdom-based fund reported 131,375 shares. Barclays Public Limited Co has 0% invested in Semtech Corporation (NASDAQ:SMTC). Advisory Research Incorporated invested in 61,308 shares or 0.04% of the stock. 545,174 are owned by Ameriprise Financial. Pinebridge Invs Ltd Partnership holds 0.04% or 48,261 shares in its portfolio. Oppenheimer Asset Management Inc stated it has 0.01% in Semtech Corporation (NASDAQ:SMTC). Clarivest Asset Limited Liability Com holds 66,087 shares or 0.06% of its portfolio. Lpl Finance Ltd Com owns 0% invested in Semtech Corporation (NASDAQ:SMTC) for 10,226 shares. Jennison Ltd Liability Company stated it has 52,055 shares.

Since August 15, 2017, it had 0 insider purchases, and 28 sales for $3.86 million activity. MAHESWARAN MOHAN sold $386,750 worth of Semtech Corporation (NASDAQ:SMTC) on Monday, February 5. BURRA JAMES P also sold $188,266 worth of Semtech Corporation (NASDAQ:SMTC) shares. Pegulu Marc also sold $38,214 worth of Semtech Corporation (NASDAQ:SMTC) on Tuesday, October 3. 2,000 shares were sold by Silberstein Asaf, worth $76,000. Shares for $75,438 were sold by CHUKWU EMEKA on Monday, October 2. Another trade for 2,250 shares valued at $84,503 was sold by Ammann Charles B..

Analysts expect Semtech Corporation (NASDAQ:SMTC) to report $0.26 EPS on March, 14.They anticipate $0.01 EPS change or 4.00 % from last quarter’s $0.25 EPS. SMTC’s profit would be $17.25 million giving it 32.00 P/E if the $0.26 EPS is correct. After having $0.34 EPS previously, Semtech Corporation’s analysts see -23.53 % EPS growth. The stock increased 1.29% or $0.425 during the last trading session, reaching $33.275. About 414,919 shares traded. Semtech Corporation (NASDAQ:SMTC) has risen 72.29% since February 15, 2017 and is uptrending. It has outperformed by 55.59% the S&P500.

Semtech Corporation (NASDAQ:SMTC) Ratings Coverage

Among 12 analysts covering Semtech (NASDAQ:SMTC), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Semtech had 33 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, September 25 by M Partners. On Thursday, August 24 the stock rating was maintained by B. Riley & Co with “Buy”. Oppenheimer maintained Semtech Corporation (NASDAQ:SMTC) on Sunday, August 27 with “Buy” rating. The firm has “Buy” rating by Oppenheimer given on Wednesday, December 6. RBC Capital Markets maintained Semtech Corporation (NASDAQ:SMTC) rating on Monday, July 3. RBC Capital Markets has “Hold” rating and $3900 target. Oppenheimer maintained the stock with “Market Perform” rating in Thursday, August 20 report. The firm earned “Buy” rating on Monday, November 16 by B. Riley & Co. The rating was maintained by RBC Capital Markets on Thursday, December 1 with “Sector Perform”. On Thursday, June 1 the stock rating was maintained by Drexel Hamilton with “Buy”. The stock of Semtech Corporation (NASDAQ:SMTC) earned “Buy” rating by B. Riley & Co on Thursday, August 31.

Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products. The company has market cap of $2.21 billion. The firm provides signal integrity products, including a portfolio of optical communications, broadcast video, and backplane products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for optical transceivers, backplane, and high-speed interface applications. It has a 48.79 P/E ratio. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications.

More notable recent Semtech Corporation (NASDAQ:SMTC) news were published by: Globenewswire.com which released: “Semtech Attends Integrated Systems Europe 2018 with the SDVoE Alliance” on February 01, 2018, also Globenewswire.com with their article: “Semtech and WaterBit Improve the Irrigation Process in Smart Agriculture” published on February 13, 2018, Globenewswire.com published: “Semtech’s LoRa Technology Help Saves Alzheimer Patients in Real-Time” on February 08, 2018. More interesting news about Semtech Corporation (NASDAQ:SMTC) were released by: Globenewswire.com and their article: “Semtech Announces New Ground-Breaking Features for BlueRiverâ„¢ AV-over-IP Platform” published on January 17, 2018 as well as Globenewswire.com‘s news article titled: “Semtech and Lacuna Receiving Messages from Space” with publication date: February 15, 2018.

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