Analysts See $0.20 EPS for Semtech Corporation (SMTC) as of May, 30

May 16, 2018 - By Michael Garrison

Semtech Corporation (NASDAQ:SMTC) Corporate Logo
During 2017 Q4 the big money sentiment increased to 1.11. That’s change of 0.09, from 2017Q3’s 1.02. 30 investors sold all, 59 reduced holdings as Semtech Corporation ratio is positive. 71 grew holdings while 28 funds bought holdings. Funds hold 63.42 million shares thus 2.84% more from 2017Q3’s 61.66 million shares.
Riverhead Cap Mngmt Lc invested in 0.01% or 7,223 shs. Tci Wealth Inc has 0% invested in Semtech Corporation (NASDAQ:SMTC) for 35 shs. 535,865 were reported by Principal Finance Grp Inc. Wolverine Asset Management Ltd Liability reported 43,414 shs. Kornitzer Mngmt Ks has invested 0.39% in Semtech Corporation (NASDAQ:SMTC). Gru One Trading Ltd Partnership stated it has 326 shs or 0% of all its holdings. Reilly Financial Advsrs Ltd Limited Liability Company owns 13,663 shs. Pub Sector Pension Investment Board invested in 0.01% or 41,534 shs. Wells Fargo Mn reported 582,742 shs. Missouri-based Piermont Capital Inc has invested 0.16% in Semtech Corporation (NASDAQ:SMTC). Northwestern Mutual Wealth reported 268 shs or 0% of all its holdings. Natl Bank Of New York Mellon Corporation holds 0.01% of its capital in Semtech Corporation (NASDAQ:SMTC) for 1.35M shs. Contravisory Investment reported 37 shs. Stratos Wealth Prtn Ltd reported 51 shs. Federated Investors Incorporated Pa reported 0% stake.

Semtech Corporation had 34 insider sales and 0 insider buys since December 13, 2017. This’s net activity of $7.15 million. On Monday, March 19 $502,961 worth of Semtech Corporation (NASDAQ:SMTC) was sold by Ammann Charles B.. 2,000 shs were sold by CHUKWU EMEKA, worth $78,000. On Wednesday, March 21 a trade for 7,408 shs valued at $307,363 was made by Faltemier Sharon K. HANKIN ROCKELL N sold $500,756 worth of Semtech Corporation (NASDAQ:SMTC) or 12,500 shs on Monday, March 19. On Tuesday, February 27 $452,334 worth of stock was sold by KIM JAMES JUNGSUP. On Tuesday, March 20 $203,160 worth of stock was sold by LINDSTROM JAMES T.

Earnings report for Semtech Corporation (NASDAQ:SMTC) is awaited on May, 30., as reported by RTT. The earnings per share diference is $0.08 or 28.57 % down from last years number. Previous year: $0.28; Analysts forcast: $0.20. If earnings per share of $0.20 is revealed the profit of SMTC could be $13.20 million giving it 54.81 P/E. Analysts at Wall Street see Semtech Corporation’s -47.37 % negative EPS growth compared to $0.38 earnings per share for previous quarter. Ticker’s shares touched $43.85 during the last trading session after 2.10% change.Currently Semtech Corporation is uptrending after 15.50% change in last May 17, 2017. SMTC has 424,728 shares volume. SMTC outperformed the S&P500 by 3.95%.

Semtech Corporation (NASDAQ:SMTC) Ratings Coverage

A total of 9 analysts rate Semtech (NASDAQ:SMTC) as follows: 9 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NASDAQ:SMTC) has 17 ratings reports on May 17, 2018 according to StockzIntelligence. On Wednesday, December 6 the firm earned “Buy” rating by Oppenheimer. On Wednesday, March 14 the firm earned “Buy” rating by Drexel Hamilton. On Thursday, March 15 the firm earned “Buy” rating by Roth Capital. On Wednesday, March 14 the stock of Semtech Corporation (NASDAQ:SMTC) earned “Hold” rating by Piper Jaffray. On Thursday, March 15 the firm has “Buy” rating by Needham given. On Wednesday, April 4 the firm earned “Overweight” rating by PiperJaffray. On Thursday, November 30 the firm has “Buy” rating by Drexel Hamilton given. The company rating was initiated by Needham on Monday, December 11. The stock rating was maintained by Piper Jaffray with “Buy” on Thursday, April 12. On Thursday, November 30 the stock of Semtech Corporation (NASDAQ:SMTC) earned “Hold” rating by RBC Capital Markets.

Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products.The company has $2.90 billion market cap. 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.The P/E ratio is 81.2. 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.

For more Semtech Corporation (NASDAQ:SMTC) news published briefly go to:,,, or The titles are as follows: “UPDATE: RBC Capital Upgrades Semtech Corp. (SMTC) to Outperform, ‘Upside Levers with LoRa and Downside …” published on May 09, 2018, “Semtech and Brazil’s Anatel Deploy LoRa Technology Nationwide” on April 18, 2018, “Semtech Announces Accelerated Vesting of Comcast Warrant” with a publish date: May 03, 2018, “Semtech Announces Acquisition of IC Interconnect” and the last “Benzinga’s Top Upgrades, Downgrades For May 9, 2018” with publication date: May 09, 2018.

Semtech Corporation (NASDAQ:SMTC) Institutional Investors Chart

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