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.

Investment analysts gave a few price targets for SMTC. The maximum price target given was 48, implying a possible profit of 20.75 percent. The most pessimistic price target was 39, implying potential capital losses of -1.89 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 6.74 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SMTC's earnings is estimated by analysts to be 36.12 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. SMTC has a PEG ratio of 1.22.

SMTC has traded between a high of 41.15 and a low of 22.81 over the past year. Today's price is 74.27 percent above the 52-week low, and 3.4 percent below the 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 will post this quarters earnings in days, on 0000-00-00.