Looking Into Semtech's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Semtech (NASDAQ:SMTC) reported Q1 sales of $236.54 million and an overall loss of $29.42 million. The company posted a negative Return on Capital Employed (ROCE) of -0.04%, suggesting inefficient capital allocation. However, Q1 earnings per share beat analyst predictions.
June 08, 2023 | 2:47 pm
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Semtech's Q1 sales were $236.54 million with a loss of $29.42 million. The negative ROCE of -0.04% suggests inefficient capital allocation, but Q1 EPS beat analyst predictions.
Semtech's Q1 sales and earnings show mixed results. While sales increased and EPS beat analyst predictions, the negative ROCE indicates inefficient capital allocation. This could lead to uncertainty in the short term, resulting in a neutral score for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100