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Semtech (SMTC) Competitors

$38.91
-1.68 (-4.14%)
(As of 05/30/2024 ET)

SMTC vs. ALTR, MTSI, CRUS, RMBS, POWI, SLAB, DIOD, AMBA, MXL, and AOSL

Should you be buying Semtech stock or one of its competitors? The main competitors of Semtech include Altair Engineering (ALTR), MACOM Technology Solutions (MTSI), Cirrus Logic (CRUS), Rambus (RMBS), Power Integrations (POWI), Silicon Laboratories (SLAB), Diodes (DIOD), Ambarella (AMBA), MaxLinear (MXL), and Alpha and Omega Semiconductor (AOSL). These companies are all part of the "semiconductors" industry.

Semtech vs.

Semtech (NASDAQ:SMTC) and Altair Engineering (NASDAQ:ALTR) are both mid-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, community ranking, institutional ownership, risk, media sentiment, profitability, valuation, dividends and earnings.

Semtech has a beta of 1.7, indicating that its stock price is 70% more volatile than the S&P 500. Comparatively, Altair Engineering has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500.

Altair Engineering has lower revenue, but higher earnings than Semtech. Semtech is trading at a lower price-to-earnings ratio than Altair Engineering, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Semtech$868.76M2.89-$1.09B-$17.01-2.29
Altair Engineering$612.70M11.97-$8.93M$0.09981.78

Altair Engineering has a net margin of 1.55% compared to Semtech's net margin of -125.70%. Altair Engineering's return on equity of 5.60% beat Semtech's return on equity.

Company Net Margins Return on Equity Return on Assets
Semtech-125.70% -9.41% -1.32%
Altair Engineering 1.55%5.60%2.91%

63.4% of Altair Engineering shares are owned by institutional investors. 0.6% of Semtech shares are owned by company insiders. Comparatively, 21.8% of Altair Engineering shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Semtech received 130 more outperform votes than Altair Engineering when rated by MarketBeat users. Likewise, 71.80% of users gave Semtech an outperform vote while only 58.61% of users gave Altair Engineering an outperform vote.

CompanyUnderperformOutperform
SemtechOutperform Votes
695
71.80%
Underperform Votes
273
28.20%
Altair EngineeringOutperform Votes
565
58.61%
Underperform Votes
399
41.39%

Semtech presently has a consensus price target of $42.35, suggesting a potential upside of 8.84%. Altair Engineering has a consensus price target of $94.60, suggesting a potential upside of 7.06%. Given Semtech's stronger consensus rating and higher probable upside, analysts plainly believe Semtech is more favorable than Altair Engineering.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Semtech
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.92
Altair Engineering
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

In the previous week, Semtech had 1 more articles in the media than Altair Engineering. MarketBeat recorded 10 mentions for Semtech and 9 mentions for Altair Engineering. Altair Engineering's average media sentiment score of 0.81 beat Semtech's score of 0.62 indicating that Altair Engineering is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Semtech
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Altair Engineering
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Altair Engineering beats Semtech on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SMTC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SMTC vs. The Competition

MetricSemtechSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$2.56B$51.59B$20.65B$8.01B
Dividend YieldN/A2.02%2.72%3.99%
P/E Ratio-2.3321.31234.8315.13
Price / Sales2.9513.61535.5769.46
Price / Cash3.1526.0928.8931.24
Price / Book-8.316.476.344.60
Net Income-$1.09B$912.54M$618.88M$213.66M
7 Day Performance0.81%0.85%0.46%0.81%
1 Month Performance5.53%5.32%3.27%3.65%
1 Year Performance78.51%18.51%27.82%7.66%

Semtech Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTR
Altair Engineering
2.7322 of 5 stars
$89.68
-1.3%
$94.60
+5.5%
+20.3%$7.45B$612.70M996.443,200
MTSI
MACOM Technology Solutions
3.2022 of 5 stars
$101.97
-2.4%
$111.00
+8.9%
+66.9%$7.35B$648.41M115.881,500Insider Selling
CRUS
Cirrus Logic
4.1091 of 5 stars
$115.14
-1.3%
$107.86
-6.3%
+46.4%$6.21B$1.79B23.351,702Insider Selling
Short Interest ↑
Positive News
RMBS
Rambus
4.3706 of 5 stars
$55.04
-2.4%
$80.00
+45.3%
-17.3%$6.08B$461.12M16.83623Positive News
POWI
Power Integrations
4.4251 of 5 stars
$75.08
-3.0%
$87.40
+16.4%
-16.2%$4.26B$429.93M81.61819Dividend Announcement
Insider Selling
SLAB
Silicon Laboratories
0.4265 of 5 stars
$122.02
-4.4%
$135.00
+10.6%
-18.3%$4.07B$782.26M-36.861,846Positive News
DIOD
Diodes
1.7343 of 5 stars
$71.75
-2.8%
$74.20
+3.4%
-25.1%$3.31B$1.66B19.558,635Gap Down
AMBA
Ambarella
2.7153 of 5 stars
$49.15
-2.4%
$71.08
+44.6%
-36.8%$2.01B$226.47M-11.59915Analyst Forecast
Short Interest ↓
News Coverage
MXL
MaxLinear
1.8427 of 5 stars
$18.03
-4.3%
$25.70
+42.5%
-39.3%$1.50B$693.26M-9.541,328Positive News
AOSL
Alpha and Omega Semiconductor
0.647 of 5 stars
$29.44
-0.9%
$30.00
+1.9%
+2.5%$844.93M$691.32M-86.592,468Short Interest ↑

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This page (NASDAQ:SMTC) was last updated on 5/30/2024 by MarketBeat.com Staff

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