Semtech Corporation

Company Profile

Semtech Corporation had its IPO on 1992-03-17 under the ticker symbol SMTC.

The company operates in the Technology sector and Semiconductors industry. Semtech Corporation has a staff strength of 1,439 employees.

Stock update

Shares of Semtech Corporation opened at $24.66 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $23.56 - $25.69, and closed at $25.25.

This is a -21.36% slip from the previous day's closing price.

A total volume of 11,056,515 shares were traded at the close of the day’s session.

In the last one week, shares of Semtech Corporation have slipped by -21.07%.

Semtech Corporation's Key Ratios

Semtech Corporation has a market cap of $2.05 billion, indicating a price to book ratio of 2.4152 and a price to sales ratio of 2.324.

In the last 12-months Semtech Corporation’s revenue was $779.57 million with a gross profit of $466.08 million and an EBITDA of $206.00 million. The EBITDA ratio measures Semtech Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Semtech Corporation’s operating margin was 22.51% while its return on assets stood at 8.48% with a return of equity of 19.48%.

In Q3.3333333333333, Semtech Corporation’s quarterly earnings growth was a negative -32.7% while revenue growth was a negative 8.9%.

Semtech Corporation’s PE and PEG Ratio

Forward PE

13.2275

Trailing PE

13.9609

PEG

0.8824

Its diluted EPS in the last 12-months stands at $2.3 per share while it has a forward price to earnings multiple of 13.2275 and a PEG multiple of 0.8824. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Semtech Corporation’s profitability.

Semtech Corporation stock is trading at a EV to sales ratio of 2.2463 and a EV to EBITDA ratio of 7.9422. Its price to sales ratio in the trailing 12-months stood at 2.324.

Semtech Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.47 billion

Total Liabilities

$140.09 million

Operating Cash Flow

$-10977000.00

Capital Expenditure

$7.06 million

Dividend Payout Ratio

0%

Semtech Corporation ended 2023 with $1.47 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.47 billion while shareholder equity stood at $792.41 million.

Semtech Corporation ended 2023 with $0 in deferred long-term liabilities, $140.09 million in other current liabilities, 785000.00 in common stock, $909.25 million in retained earnings and $350.31 million in goodwill. Its cash balance stood at $617.80 million and cash and short-term investments were $617.80 million. The company’s total short-term debt was $0 while long-term debt stood at $455.11 million.

Semtech Corporation’s total current assets stands at $835.23 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $80.54 million compared to accounts payable of $45.07 million and inventory worth $111.08 million.

In 2023, Semtech Corporation's operating cash flow was $-10977000.00 while its capital expenditure stood at $7.06 million.

Comparatively, Semtech Corporation paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$25.25

52-Week High

$71.14

52-Week Low

$23.5601

Analyst Target Price

$44.63

Semtech Corporation stock is currently trading at $25.25 per share. It touched a 52-week high of $71.14 and a 52-week low of $71.14. Analysts tracking the stock have a 12-month average target price of $44.63.

Its 50-day moving average was $31.58 and 200-day moving average was $36.84 The short ratio stood at 8.51 indicating a short percent outstanding of 0%.

Around 111% of the company’s stock are held by insiders while 11030.5% are held by institutions.