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 most optimistic analyst gave a price target of 48, implying a possible profit of 20.75 percent. The lowest price target was 39, implying potential capital losses of -1.89 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 6.74 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. SMTC has a PEG ratio of 1.22.

In the last 52-weeks, SMTC has achieved a high of 41.15 and a low of 22.81. The current market price is above the trailing year's low by 74.27 percent, and below the high by 3.4 percent. SMTC has a price/earnings 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 market cap of SMTC is $2.61 billion. SMTC's next earnings release will be on 0000-00-00, which is days away.