Lattice Semiconductor Surges 24.5% YTD as EPS Estimates Rise 11.2%
Lattice Semiconductor has gained 24.5% year-to-date, outpacing the Computer and Technology sector’s average return of -2.4% and the Electronics – Semiconductors industry’s 1.5% gain. Its Zacks Consensus full-year EPS estimate has risen 11.2% over the past 90 days, earning it a Zacks Rank #2 (Buy) and highlighting improving analyst sentiment.
1. Year-to-Date Performance
Lattice Semiconductor has gained 24.5% since January 1, outperforming the Computer and Technology sector's average return of -2.4% and the Electronics – Semiconductors industry's 1.5% gain, underscoring its leadership within the tech segment.
2. Analyst Estimate Revisions
Over the past 90 days, the Zacks Consensus full-year EPS estimate for Lattice Semiconductor has risen 11.2%, boosting the stock to a Zacks Rank #2 (Buy) and reflecting a significant uptick in analyst outlook.
3. Peer Comparison
Entegris, another Zacks Rank #2 semiconductor name, has posted a 53.1% year-to-date rally and seen its full-year EPS forecast rise 6.2%, illustrating the competitive landscape within the Electronics – Semiconductors industry.