Susquehanna analyst Christopher Rolland reiterated a Hold rating on Semtech (NASDAQ:SMTC) Corp. on Tuesday, setting a price target of $75, which is approximately 14.97% below the present share price of $88.2.
Rolland expects Semtech Corp . to post earnings per share (EPS) of $0.51 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Semtech, with an average price target of $89.29.
The analysts price targets range from a high of $105 to a low of $75.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $185 million and a net profit of $36.66 million. The company's market cap is $5.68 billion.
According to TipRanks.com, Susquehanna analyst Christopher Rolland is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.5% and a 76.44% success rate.
Semtech Corp. engages in the manufacture and supply of analog and mixed signal semiconductor products for high-end consumer, enterprise computing, communications, and industrial equipment. It offers signal integrity, protection, wireless and sensing, and power and high-reliability products. The company was founded in 1960 and is headquartered in Camarillo, CA.