BOSTON, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Semtech Corporation (NASDAQ:SMTC) for potential securities law violations. Investors who have lost money in their Semtech Corporation investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/smtc. What is this all about? Shares of Semtech fell as much as 33% today after the company announced that net sales of its CopperEdge products are expected ...

BOSTON, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Semtech Corporation (Nasdaq: SMTC) for potential securities law violations. Investors who have lost money in their Semtech Corporation investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/smtc. What is this all about? Shares of Semtech fell as much as 33% today after the company announced that net sales of its CopperEdge products are expecte ...

Investors might want to bet on Semtech (SMTC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individua ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Semtech Corporation (SMTC) has skyrocketed 240.3% in the past year, outperforming the broader market and industry peers. In the trailing 12 months, the Zacks Semiconductor - Analog and Mixed industry has declined 3.5%, while the Zacks Computer and Technology sector and the S&P 500 have returned 27.1% and 24.8%, respectively.Semtech has also outperformed its industry peers, including Analog Devices (ADI) , ON Semiconductors (ON) and NXP Semiconductors (NXPI) . This outperformance reflects investor confidence ...

A month has gone by since the last earnings report for Semtech (SMTC) . Shares have added about 2.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Semtech due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Semtech's Q3 Earnings Beat, Sales Rise Y/YSemtech Corporati ...

Semtech Corporation (SMTC) has delivered a stellar performance in 2024, with its stock skyrocketing 190% year to date (YTD), outperforming the broader market and industry peers. The Zacks Semiconductor - Analog and Mixed industry has declined 8.3% YTD. Semtech has outperformed the Zacks Computer and Technology sector and the S&P 500’s return of 30.4% and 24%, respectively.SMTC has also outperformed its industry peers, including Analog Devices (ADI) , ON Semiconductors (ON) and NXP Semiconductors (NXPI) . Th ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth sto ...

Semtech TodaySMTCSemtech$66.96 +1.81 (+2.78%) 52-Week Range$18.16▼$70.27Price Target$68.70Add to WatchlistSemtech Co. NASDAQ: SMTC makes analog and mixed-signal chips that enable optical data transmission, sensing, and advanced high-speed connectivity solutions. Its products are used in consumer electronics, infrastructure, industrial applications, data centers, and Internet of Things (IoT) systems. The company’s turnaround is impressive as its revenue has returned to growth since its fiscal first quarter ...

Working Capital and Cash Flow Management - Working capital fluctuates based on end-market demand and management of receivables, inventory, and payables, potentially increasing during periods of escalating demand[175] - Net cash provided by operating activities for the nine months ended October 27, 2024, was $24.491 million, compared to a net cash used of $107.839 million for the same period in 2023[176] - Operating cash flows for the first nine months of fiscal year 2025 were positively impacted by reduced annual bonus payments, lower payroll costs, decreased income tax payments, and lower transaction and integration costs[177] - Net sales decreased by 2.6%, negatively impacting operating cash flows, while inventory spend increased[179] Capital Expenditures and Investments - Capital expenditures for the first nine months of fiscal year 2025 were $5.2 million, significantly lower than the $27.5 million in the same period of 2024 due to cost-saving initiatives[179] - The company sold investments for proceeds of $2.7 million and made strategic investments of $0.4 million in the first nine months of fiscal year 2025[179] - Purchases of intangibles, including capitalized development costs and software licenses, totaled $5.9 million for the first nine months of fiscal year 2025[179] Financial Transactions and Payments - Proceeds from corporate-owned life insurance were $4.8 million in the first nine months of fiscal year 2025, compared to $2.5 million in the same period of 2024[179] - The company made a $5.0 million payment on its Revolving Credit Facility in the first nine months of fiscal year 2025, compared to borrowing $70.0 million in the same period of 2024[179] - Employee share-based compensation payroll taxes paid in the first nine months of fiscal year 2025 were $7.3 million, with $1.2 million received from the exercise of stock options[179]