Semtech Corporation (SMTC) EPS Estimated At $0.25

August 13, 2018 - By Vernon Rice

Semtech Corporation (NASDAQ:SMTC) LogoInvestors sentiment increased to 1.21 in 2018 Q1. Its up 0.10, from 1.11 in 2017Q4. It is positive, as 19 investors sold Semtech Corporation shares while 61 reduced holdings. 31 funds opened positions while 66 raised stakes. 62.89 million shares or 0.83% less from 63.42 million shares in 2017Q4 were reported.
California Public Employees Retirement Systems reported 132,564 shares. Moreover, Bnp Paribas Arbitrage has 0% invested in Semtech Corporation (NASDAQ:SMTC). Great West Life Assurance Co Can invested in 0.01% or 89,376 shares. Sg Mgmt Ltd Limited Liability Company holds 2.82% or 376,574 shares. Manufacturers Life Ins The reported 0% in Semtech Corporation (NASDAQ:SMTC). Geode Cap Limited Liability has invested 0.01% in Semtech Corporation (NASDAQ:SMTC). Moreover, Raymond James has 0% invested in Semtech Corporation (NASDAQ:SMTC) for 52,308 shares. Deutsche Bank Ag reported 82,857 shares stake. Northwestern Mutual Wealth Mngmt owns 268 shares or 0% of their US portfolio. Highland Capital L P stated it has 14,150 shares. Swiss Bank & Trust has 115,300 shares. Intll Group Inc accumulated 41,901 shares. Moreover, Oppenheimer & Communications has 0.02% invested in Semtech Corporation (NASDAQ:SMTC). Envestnet Asset Mgmt reported 0% in Semtech Corporation (NASDAQ:SMTC). Loomis Sayles And L P owns 247,477 shares.

Since February 15, 2018, it had 0 insider purchases, and 43 selling transactions for $20.11 million activity. MAHESWARAN MOHAN also sold $332,592 worth of Semtech Corporation (NASDAQ:SMTC) shares. On Wednesday, April 4 CHUKWU EMEKA sold $74,100 worth of Semtech Corporation (NASDAQ:SMTC) or 1,900 shares. 2,000 shares were sold by Pegulu Marc, worth $82,000 on Tuesday, March 27. $307,363 worth of Semtech Corporation (NASDAQ:SMTC) was sold by Faltemier Sharon K. On Wednesday, March 28 the insider ANTLE GLEN M sold $388,063. 13,000 Semtech Corporation (NASDAQ:SMTC) shares with value of $452,334 were sold by KIM JAMES JUNGSUP.

Analysts expect Semtech Corporation (NASDAQ:SMTC) to report $0.25 EPS on August, 29.They anticipate $0.04 EPS change or 13.79 % from last quarter’s $0.29 EPS. SMTC’s profit would be $16.55M giving it 49.90 P/E if the $0.25 EPS is correct. After having $0.18 EPS previously, Semtech Corporation’s analysts see 38.89 % EPS growth. The stock decreased 2.82% or $1.45 during the last trading session, reaching $49.9. About 263,774 shares traded. Semtech Corporation (NASDAQ:SMTC) has risen 23.02% since August 13, 2017 and is uptrending. It has outperformed by 10.45% the S&P500.

Semtech Corporation (NASDAQ:SMTC) Ratings Coverage

Among 10 analysts covering Semtech (NASDAQ:SMTC), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Semtech had 19 analyst reports since March 14, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, March 15 by Needham. Drexel Hamilton maintained the shares of SMTC in report on Thursday, May 31 with “Buy” rating. The firm earned “Buy” rating on Thursday, May 31 by Needham. The firm has “Buy” rating given on Thursday, May 31 by FBR Capital. FBR Capital maintained Semtech Corporation (NASDAQ:SMTC) rating on Monday, May 21. FBR Capital has “Buy” rating and $4600 target. Piper Jaffray maintained Semtech Corporation (NASDAQ:SMTC) rating on Thursday, April 12. Piper Jaffray has “Buy” rating and $5000 target. Roth Capital maintained Semtech Corporation (NASDAQ:SMTC) rating on Thursday, March 15. Roth Capital has “Buy” rating and $45.0 target. The company was maintained on Thursday, June 21 by FBR Capital. The company was upgraded on Wednesday, April 4 by PiperJaffray. The stock of Semtech Corporation (NASDAQ:SMTC) has “Buy” rating given on Thursday, May 31 by Roth Capital.

Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products. The company has market cap of $3.30 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 92.24 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 news for Semtech Corporation (NASDAQ:SMTC) were recently published by:, which released: “Semtech Announces Settlement of Lawsuit against HiLight and Related Defendants” on August 01, 2018.‘s article titled: “Semtech: Multiple Revenue Drivers In Place” and published on July 18, 2018 is yet another important article.

Semtech Corporation (NASDAQ:SMTC) Institutional Positions Chart

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