The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Semtech's revenues will grow 36.0% and EPS will expand 70.4%.
The average estimate for revenue is $158.6 million. On the bottom line, the average EPS estimate is $0.46.
Last quarter, Semtech notched revenue of $150.6 million. GAAP reported sales were 45% higher than the prior-year quarter's $104.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.49. GAAP EPS of $0.19 for Q4 were 5.6% higher than the prior-year quarter's $0.18 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 61.3%, 390 basis points better than the prior-year quarter. Operating margin was 4.8%, 840 basis points worse than the prior-year quarter. Net margin was 8.7%, 320 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $677.7 million. The average EPS estimate is $2.19.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 91 members out of 103 rating the stock outperform, and 12 members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give Semtech a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Semtech is buy, with an average price target of $32.50.
Is Semtech the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Semtech to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.