$0.26 EPS Expected for Semtech Corporation (SMTC)

February 15, 2018 - By reb123z

 $0.26 EPS Expected for Semtech Corporation (SMTC)
Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.05, from 1.07 in 2017Q2. It worsened, 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.
Wellington Mngmt Gp Llp reported 0.01% of its portfolio in Semtech Corporation (NASDAQ:SMTC). Fund Mgmt invested in 22,500 shares or 0.01% of the stock. Highland Cap Mngmt Lp invested in 14,150 shares. Heartland owns 249,317 shares. Nordea Inv Ab, Sweden-based fund reported 55,634 shares. One Association has 0.05% invested in Semtech Corporation (NASDAQ:SMTC). Advisory Rech holds 0.04% in Semtech Corporation (NASDAQ:SMTC) or 61,308 shares. Price T Rowe Associate Md reported 0.01% in Semtech Corporation (NASDAQ:SMTC). Federated Investors Pa has invested 0% in Semtech Corporation (NASDAQ:SMTC). Hanseatic Mngmt invested in 0.26% or 6,208 shares. Globeflex Ltd Partnership has invested 0.26% in Semtech Corporation (NASDAQ:SMTC). Jacobs Levy Equity has 0.01% invested in Semtech Corporation (NASDAQ:SMTC). Natixis holds 0% of its portfolio in Semtech Corporation (NASDAQ:SMTC) for 9,550 shares. Dimensional Fund L P has 0.02% invested in Semtech Corporation (NASDAQ:SMTC). 2,557 are owned by Envestnet Asset Management.

Since August 15, 2017, it had 0 buys, and 28 insider sales for $3.86 million activity. $77,464 worth of Semtech Corporation (NASDAQ:SMTC) shares were sold by Silberstein Asaf. Shares for $100,083 were sold by MAHESWARAN MOHAN. On Friday, January 12 CHUKWU EMEKA sold $76,000 worth of Semtech Corporation (NASDAQ:SMTC) or 2,000 shares. The insider Pegulu Marc sold 1,000 shares worth $38,214. Ammann Charles B. sold $84,503 worth of Semtech Corporation (NASDAQ:SMTC) on Friday, September 1. Shares for $144,544 were sold by WILSON JOHN MICHAEL on Tuesday, September 5.

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. Oppenheimer maintained Semtech Corporation (NASDAQ:SMTC) on Thursday, August 20 with “Market Perform” rating. The stock of Semtech Corporation (NASDAQ:SMTC) has “Neutral” rating given on Friday, September 25 by M Partners. On Wednesday, August 30 the stock rating was maintained by Drexel Hamilton with “Buy”. The stock of Semtech Corporation (NASDAQ:SMTC) has “Sell” rating given on Friday, August 14 by B. Riley & Co. The company was maintained on Thursday, June 29 by Oppenheimer. RBC Capital Markets maintained Semtech Corporation (NASDAQ:SMTC) on Thursday, December 1 with “Sector Perform” rating. On Thursday, December 1 the stock rating was upgraded by Oppenheimer to “Outperform”. The firm earned “Buy” rating on Wednesday, August 30 by Robert W. Baird. The firm has “Buy” rating given on Monday, November 16 by B. Riley & Co. Oppenheimer maintained the stock with “Buy” rating in Monday, May 29 report.

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 Announces New Ground-Breaking Features for BlueRiverâ„¢ AV-over-IP Platform” published on January 17, 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 Sponsors The Things Network’s LoRaWAN Developer Conference” published on January 25, 2018 as well as Globenewswire.com‘s news article titled: “Semtech and WaterBit Improve the Irrigation Process in Smart Agriculture” with publication date: February 13, 2018.

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