Investors focused on the Computer and Technology space have likely heard of Lattice Semiconductor (LSCC - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Lattice Semiconductor is a member of the Computer and Technology sector. This group includes 640 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. LSCC is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for LSCC's full-year earnings has moved 20.26% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that LSCC has returned about 168.79% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 15.61% on average. This means that Lattice Semiconductor is performing better than its sector in terms of year-to-date returns.
Looking more specifically, LSCC belongs to the Electronics - Semiconductors industry, which includes 37 individual stocks and currently sits at #103 in the Zacks Industry Rank. Stocks in this group have gained about 13.94% so far this year, so LSCC is performing better this group in terms of year-to-date returns.
LSCC will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors focused on the Computer and Technology space have likely heard of Lattice Semiconductor (LSCC - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Lattice Semiconductor is a member of the Computer and Technology sector. This group includes 640 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. LSCC is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for LSCC's full-year earnings has moved 20.26% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that LSCC has returned about 168.79% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 15.61% on average. This means that Lattice Semiconductor is performing better than its sector in terms of year-to-date returns.
Looking more specifically, LSCC belongs to the Electronics - Semiconductors industry, which includes 37 individual stocks and currently sits at #103 in the Zacks Industry Rank. Stocks in this group have gained about 13.94% so far this year, so LSCC is performing better this group in terms of year-to-date returns.
LSCC will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on LSCC - FREE