Analyst Ratings for Semtech Corp. (SMTC)

Updated: 2017-07-29

An average rating of Buy has been given to Semtech Corp. (NASDAQ:SMTC) by analysts covering the stock. A consensus rating of Buy was previously issued for SMTC last month.

5 analysts declared SMTC a buy, 1 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for SMTC. The highest price target was 48, implying potential capital gains of 20.75 percent. The lowest price target was 39, implying a possible loss of -1.89 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 6.74 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.48 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of SMTC to grow at a rate of 36.12 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SMTC is 1.22.

In the trailing 52-weeks, SMTC hit 41.15 at the highest peak, while it's lowest trading point was 22.81. The current market price is above the trailing year's low by 74.27 percent, and 3.4 percent lower than its 52-week high. SMTC has a P/E ratio of 44.17. Investors typically compare the P/E ratio to a company's peers in the industry. The SMTC value stock report compares SMTC to some of its peers using value stock charts. The stock has a market capitalization of $2.61 billion. SMTC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.